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Proactive News round-up: Service Power, Green Dragon Gas, Plexus ....

Published: 11:21 08 Dec 2016 EST

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ServicePower Technologies Plc (LON:SVR) has agreed to bought in a deal valuing the workforce software specialist at £13.6mln.

Green Dragon Gas Ltd (LONGDG) has welcomed Chinese government plans to ramp up the use of coalbed methane (CBM) to heat homes and power industry as the world’s second-largest economy moves into the next growth phase.

Samples from historic drill holes at Sula Iron & Gold PLC’s (LON:SULA) Ferensola have indicated more potential high grades of gold at the site in Sierra Leone.

Shares in Nostra Terra Oil and Gas Company plc (LON:NTOG) rocketed as it picked up an extra US$600,000 in cash from the sale of its interest in the Chisholm Trail Prospect.

Automated referral marketing solutions provider Rewardstream Solutions Inc (CVE:REW) has launched a refer-a-friend program for Carolina West Wireless subscribers.

Motor finance specialist S & U Plc (LON:SUS) is trading in line with management's expectations and is well financed for growth next year, including the launch of its pilot bridging finance business in January.

LEKOIL Limited (LON:LEK) has started to move oil from its Otakikpo marginal field in Nigeria to onshore storage tanks to awaiting transport onto ships.

Generating new business helped niche lender Private & Commercial Finance Group plc (LON:PCF) lift profits in the year gone, it said on Thursday, the day after it revealed it had been granted a banking licence.

Krzysztof Szymczak, a non-executive director nominated to the Weatherly International plc (LON:WTI) board by major shareholder Logiman, has tendered his resignation.

ValiRx Plc (LON:VAL) shares rose as it strengthened its worldwide patent protection for lead drug VAL 201 - having been granted a patent by the European office.

Europa OiI and Gas PLC (LON:EOG) has given a bullish update on prospects to shareholders at its annual meeting. Activity is picking up onshore UK, said Hugh Mackay, the oil and gas group’s chief executive.

Lombard Risk Management plc (LON:LRM) has signed an agreement with Atos, giving it access to the information technology services giant’s client network in Germany.

Horizon Discovery Group PLC (LON:HZD) saw shares zip up over 8% as it revealed its genetic screening platform had generated over £1mln of new contracts with leading biotech and pharma companies in 2016.

Active Energy Group PLC (LON:AEG) shares advanced as its CoalSwitch initiative in Alberta has been given a boost by a potential shift in the government's viewpoint on cleaner energy.

Mongolia-focused metals  explorer Kincora Copper Ltd (CVE:KCC) is set to raise up to $500,000 via a  placing at $0.345 per share to be used for exploration and working capital.

Oil and gas engineering services business Plexus Holdings PLC (LON:POS) is confident it has the balance sheet strength to outlast the sector’s cyclical downturn.

Coniagas Battery Metals secures new key ground with focus on...

Coniagas Battery Metals (TSX-V:COS) CEO Frank Basa joined Steve Darling from Proactive to announce the company's strategic acquisition of key ground near SOQUEM’s Cardinal Property, located 80 km southeast of Chibougamau, Quebec. This acquisition underscores Coniagas’ commitment to capitalizing...

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