Phoenix Copper lists $110mln of corporate copper bonds on TISE
Phoenix Copper Ltd (AIM:PXC, OTCQX:PXCLF) highlighted to investors that US$110 million of corporate copper bonds have been admitted to trading on the official list of the International Stock Exchange (TISE). The AIM-quoted US-focused company said the bonds have a maturity date of 27 December 2033 and will remain listed on TISE until the earlier of maturity or repayment.
Seeing Machines 'one of top picks' in sector, says investment bank
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) had a 'buy' rating from Stifel reiterated after the company secured a $16.5 million upfront payment from global mining equipment giant Caterpillar for its Guardian driver monitoring product. Alongside the contract, the AIM- and OTC-listed company also provided a trading update as the end of its current financial year approaches, where it said revenue and cash are set to finish "at or ahead of market expectations".
Melrose founder Simon Peckham to lead lookalike Rosebank's AIM IPO
One of the founders of Melrose Industries PLC (LSE:MRO), alternately criticised as a financial raider or hailed as a highly successful investment company, is reportedly coming back to the market with a new investment vehicle. Simon Peckham, one of the three original founders of Melrose, is behind Rosebank Industries, which is looking to raise £40 million and float on AIM, Sky News has reported.
AFC forms partnership to supple fuel cell modules with Niftylift
AFC Energy PLC (AIM:AFC, OTC:AFGYF) has won a contract to supply its hydrogen-powered S Series fuel cell modules to Niftylift, one of the largest providers of mobile elevated work platforms (MEWP) in Europe. The AIM-listed company said a collaboration has been agreed whereby it will sell the fuel cell modules packaged specifically for Niftylift's hydrogen-electric ‘H2E' range of powered access MEWPs.
