Nighthawk remains jolly 09/02/2012
US-focused Nighthawk Energy is launching a $7.5 million program to invest in its Colorado-based Jolly Ranch project.
Tory MP Henry Bellingham is understood to be among the directors of Lombrough, a company with tyre pressure licences from high flying motor equipment specialist Transense Technologies, which is planning to introduce its shares onto the OFEX private share market. Robert Tyerman reports.
Broker Nabarro Wells is said to be poised to handle the introduction for Lombrough, which has developed its own technology for the automotive industry, as well as the licences from Transense. The launch price has yet to be finalised.
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US-focused Nighthawk Energy is launching a $7.5 million program to invest in its Colorado-based Jolly Ranch project.
Africa-focused Tower Resources (TRP) has raised £5.4 million via a placing with a mixture of institutional investors and directors.
Beleaguered travel operator Thomas Cook (TCG) has reported a loss of £91 million its first quarter also announcing the sale of its Indian division.
AIM-quoted Chariot Oil and Gas (CHAR) has completed a 3D seismic survey across its central blocks.
Aminex (AEX) and Solo Oil (SOLO) both reported the Ntorya-1 well had 'not encountered' sandstone intervals after drilling 2500 metres.
Brady (BRY), the supplier of software to the commodities sector, is to raise £18 million to fund two acquisitions.