Wishbone Gold PLC (LON:WSBN) shares jumped as it announced the first shipment of gold from Thailand through a recently formed entity.
The first gold delivery was sent to Dubai last week by Asian Commerce and Commodities Trading Co Ltd, which was recently formed to expand Wishbone's presence in Asia.
The entity is 51% owned by Wishbone's Thai local partner, who is connected to the ruling royal family, and 49% owned by Wishbone.
Wishbone plans to increase its stake in the entity to 95% after three months of operations. It expects shipment volumes to rise over coming months.
Shares shot up 23% to 0.5p each.
Energiser Investments PLC (LON:ENGI) shares dropped 18% to 0.25p as it said it invested ?494,000 in a 7.5% short-term loan secured on an office property in Croydon.
The loan lasts nine months and represents 30% of the estimated current value of the 21,900 square-foot property.
Energiser said the property is let to a number of commercial tenants who can be removed at short notice to enable the residential conversion.
Oil and gas company Faroe Petroleum plc (LON:FPM) is to sell a 17.5% working interest in the Fenja development in the Norweigan sea to Suncor Energy Norge AS for US$54.4mln.
Shares edged up 8% to 98.70p.
Faroe will use the proceeds of the sale to reduce its capital expenditure on the project, improve its balance sheet and fund its portfolio of Norwegian field developments.
It will retain a 7.5% holding in Fenja and said it remains "fully committed" to the project, adding that it believes the investment from Suncor reflects the "attractiveness" of the development.
Total gross recoverable reserves from the Fenja development are expected to reach 97 million barrels of oil equivalent, 72% of which is oil.
Oracle Power PLC (LON:ORCP) shares climbed after Pakistan's Private Power and Infrastructure Board approved the issue of notice to proceed and letter of intent for the Thar thermal power station.
The approvals are for the development of a 700MW coal based power plant, as the first phase of a 1,400MW power plant.
Initially, the plan was for a 660Mw first phase, but this was increased slightly to reflect new requirements in Pakistan for more efficient technology.
Shares rose 8% to 1.6p.
Anglo Asian Mining Plc (LON:AAZ) shares edged higher after saying it has refinanced the majority of its existing debts with a new US$15mln facility.
The loan facility is on a 7% fixed interest rates over two years.
"Firstly, this will enhance our overall financial performance by lowering the cost of our debt through the reduction of interest payments," said chief executive Reza Vaziri.
"It will also enable the redeployment of capital otherwise earmarked for principal repayments in 2018 to accelerate our exploration and optimisation plans, which should further improve our long-term production at our Gedabek project."
Shares grew 8% to 43p.
Frontera Resources Corp. (LON:FRR) was under the cosh as it raised ?2.5mln through the issue of shares to support its oil and gas operations.
The fundraising included a fully underwritten offer via PrimaryBid.com with proceeds to be used to fund work on oil wells in Georgia.
The company will issue 536,480,687 new ordinary shares pursuant to the offer.
Shares fell 15% to 0.48p.
Acacia Mining PLC (LON:ACA) shares plunged after scrapping its final dividend and reporting a sharp decline in full year earnings.
The company lost US$264mln in revenue last year after the Tanzania government banned Acacia from exporting gold and copper concentrates. The government claims Acacia owes royalties on undeclared exports.
Revenue fell 29% to US$752mln for the year to December 31, 2017 as gold production dropped 7% to 767,883 ounces and gold sales declined 22% to 592,861 ounces.
Underlying earnings (EBITDA) decreased 38% to US$257mln.
Shares tumbled 14% to 147.8p.
Going the other way, Pennant International Group PLC (LON:PEN) shares rose as it said it was on track to deliver full results in line with expectations with a strong order book and "significant" bids in progress.
The group, which supplies technical training to the defence, rail, aerospace and naval sectors, expects revenue of more than ?18mln and underlying earnings (EBITA) of about ?2.1mln.
The order book stands at about ?33mln at year-end and Pennant said it is "confident about its prospects for the future".
Shares increased 11% to 84p.
Game Digital PLC (LON:GMD) said it plans to put concessions and gaming areas into some Sports Direct International PLC (LON:SPD) stores after agreeing a collaboration with the sportswear company.
Shares in the computer games retailer jumped 12% to 42.6p in morning trade.
Mike Ashley's Sports Direct has bought a 50% stake in the intellectual property rights of Game Digital's BELONG gaming arenas for ?3.2mln. In return, Sports Direct will receive half of the unit's profits.
Sports Direct will also provide loan facilities of up to ?55mln to fund new venues for the arenas and to develop its website and related tournament management system.
"Having launched the BELONG brand just over a year ago, we have now opened 19 arenas and are very encouraged by the popularity and performance of these locations," said Game Digital's chief executive Martyn Gibbs.
"We look forward to collaborating with Sports Direct to increase the availability and scale of BELONG and to capitalise on the increasing overlap between sports and esports fans by bringing this unique experience to a wider consumer base."
On the downside, Up Global Sourcing Holdings PLC (LON:UPGS) shares fell more than 41% to 35.8p as it cut its full year earnings guidance after reporting a drop in half-year revenue.
The consumer goods company said revenue for the first half ended January 31, 2018, fell to ?48.4mln from ?68.1mln the same period a year ago.
UP blamed "ongoing challenges in the general merchandise retail market" and more caution from consumers in placing orders as they come under pressure from rising inflation and stagnant wage growth.
Results also included a one-off charge of ?4mln to ?5mln of revenue as a result of switching to free on board to landed arrangements with a key European customer.
The company said orders from new business opportunities with a number of supermarkets and retailers are expected to fall in fiscal year 2019, instead of in the second half, as previously anticipated.
Therefore, it now expects to report a full year underlying earnings of ?6mln to ?7mln, below current market expectations.