News
05/11/2007 - Small caps round-up: Spiritel, OMG, Cape Lambert
Shares in telecoms group Spiritel surged after it announced that it will launch a new directory enquiries service with Virgin Mobile.
The service will be marketed to Virgin Mobile's four million subscribers and other DQ users and from every call made, 20p will go to charity.
'It is an exciting partnership and we are looking forward to working closely with Virgin Mobile to ensure this project is an immense success for everyone involved," said the group.
Motion capture specialist OMG said full year results will be in line with market expectations.
It said trading in the second half of the year has been strong across all markets.
"The group has continued to increase investment in the new areas of 2d3 Defence and Yotta and both divisions are making good progress, whilst Vicon and 2d3 Boujou have continued to maintain their leading market positions," it added.
Cape Lambert said it has completed the acquisition of three tenements close to its 100% owned Cape Lambert iron ore project.
Hazardous waste firm Augean announced the acquisition of RNA Investments Limited and its trading subsidiary Chemical Recoveries for £5.8m.
Resource management and software group Alantic Global announced three major contracts, expected to be worth in excess of £300,000 over the next twelve months.
TEG Group, the green technology company, has signed a contract with Gwynedd Council to construct a TEG Silo Cage plant at the Ffridd Rasus site in Gwynedd. The value of the contract is £1.46m
http://www.pennysharesonline.com/news/articles/1716359.asp
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