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The image depicts military personnel in protective gear operating equipment in a training environment. They are using a device to monitor or control a package placed on the ground, with military vehicles visible in the background.

Image Scan lands European defence contract

It will supply 25 ThreatScan portable X‑ray systems to a European government defence organisation after a competitive tender, with a majority of revenue expected in the current financial period.
The image depicts a single US dollar bill suspended in mid-air, with a steady drip of gold liquid falling from its center. Below, a pool of gold forms on a dark surface, reflecting the vibrant hues of the gold and the pale green of the dollar, suggesting themes of conversion and passive income.

Bluebird Mining Ventures shares soar as it confirms first full month of revenue

The small-cap firm recorded its first full month of revenue in May while reporting progress on asset restructurings, hires and a treasury that retains exposure to gold and Bitcoin.
The image features a stethoscope, a circular glass object resembling a circuit board, a vial of liquid, and a folder with printed graphs or data sheets, suggesting a focus on healthcare technology. This composition conveys a blend of medical and technological themes.

Imaging Biometrics shares rocketed as study validates its automation tech

Imaging Biometrics said its IB Neuro software's standardized relative cerebral blood volume (sRCBV) output from the 146‑patient EAF151 Phase II trial showed the strongest statistically significant association with overall survival, and the board has set a capital‑efficient commercialisation plan targeting trial sites and sponsors.
A horse race taken at a large outdoor event, with multiple horses in action as they race toward the finish line. The William Hill branding is prominently displayed in the foreground, indicating sponsorship of the event.

William Hill and 888 parent evoke jumps on recommended takeover bid

evoke, the parent company owning William Hill and 888, is set to be acquired in a share-based deal, with an alternative cash offer pitched at 52p per share (with a capped payout of £117.1m).
The image depicts a large haul truck navigating a lit haul road within an open-pit mine at night. The truck's bright headlights illuminate the gravel surface while the surrounding area features distant marker lights that create a series of amber dots, blending with the starry sky above.

Resolute Mining shares slump after Syama production hit

Syama is now expected to produce about 30koz in Q2 2026, down from the 40-45koz originally expected, with the mine now expected to yield at the lower end of its 195-210 koz full‑year target.
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genedrive shares surged after R&D tax credit

It has received an R&D tax credit refund of approximately £0.76m covering the financial years ended 30 June 2024 and 30 June 2025.
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Bodycote shares plunge after Apollo declines to bid

Bodycote said Apollo’s managed funds do not intend to make a firm offer, and the board reiterated its confidence and highlighted a positive start to 2026 trading.
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Revolution Beauty Group shares shine as FCA closes investigation

"We are pleased to report that the FCA has ceased its investigation into Revolution Beauty Group and that no action will be taken against the company or its founders," said Iain McDonald, Chairman.
The image features a green Raspberry Pi circuit board prominently displayed on a workbench. Surrounding the board are various electronic components and wires commonly used in prototyping and development.

Raspberry Pi upgrades outlook, H1 materially ahead of prior year

Raspberry Pi says first-half FY2026 profitability is materially ahead of H1 FY2025 and the board now expects FY2026 adjusted EBITDA to be significantly ahead of current market expectations.
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Vault Ventures writes down Dubai crypto loan amid trading losses

It has written down a c.£2.15m loan to its Dubai subsidiary after crypto trading losses, will consider winding up the non-core vehicle while pursuing possible recoveries.
The image features a metallic pound symbol prominently displayed on a dark surface, with a few coins and a folded banknote in the background, implying themes of currency and finance.

Verici Dx to raise £2.5m for commercial scale-up

The company will raise gross proceeds of about £2.5m via an accelerated placing at 0.35p to fund the commercial scale‑up of its next‑generation kidney transplant blood tests, with a parallel WRAP retail offer to raise up to £0.2m.
The image shows a haul truck driver climbing the access ladder to a massive mining truck, clutching a lunch box in one hand while holding onto the rail with the other. In the foreground, another driver walks away toward a crew bus, revealing a dusty high-visibility vest, as the encroaching pre-dawn light creates a stark contrast against the mining equipment in the background.

Beowulf Mining agrees £3.5m strategic investment from Bacchus Capital

The small-cap miner agreed non-binding terms for a proposed minimum £3.5m investment from Bacchus Capital & Affiliates, as part of a £4m financing, to recapitalise the company and fund development of its Kallak iron ore project and Grafintec graphite plans.
The image depicts construction equipment and safety gear at a building site. A surveying instrument is prominently positioned in front of a partially constructed building, with scaffolding and construction materials visible in the background.

Hercules posts record H1 revenue as profits fall on investment

Hercules reported record first-half revenue of £59.2m, up 8% year-on-year, while underlying profits and cash fell as the group invested in systems and absorbed acquisition and audit costs.

Stockbroker says buy a Ferrari ... (position)

Deutsche Bank's European research team has a buy rating for Ferrari, with a bullish target, citing growth catalysts including the rollout of Luce, a 1,000hp electric supercar.
A business meeting is taking place with several individuals discussing an intellectual property valuation analysis. The focus is on a tablet displaying analytical graphs, while documents are spread across the table.

Clean Power Hydrogen abandons unit test and pivots to IP-focused strategy

It will not recommence factory acceptance testing for its MFE220 electrolyser, as the unit was beyond repair, and will pursue non-manufacturing commercial options while it evaluates its intellectual property.
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Small Caps Today: Touchstone Exploration, Imaging Biometrics, Iofina, BTG Consulting, Image Scan and more

An oil and gas equity raise was a focal point among Friday's small-cap newsflow, as Touchstone Exploration opened the books for a US$10m-15m funding to pay for new projects whilst oil prices are elevated.
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BTG Consulting acquires MVLOnline to expand digital voluntary liquidations ops

It has bought specialist solvent-liquidation website MVLOnline.co.uk and will fold it into the group's digital platform.
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Agronomics portfolio company HydGene picked for Greentown Go Make 2026

Agronomics' portfolio company HydGene Renewables has been selected for the Greentown Go Make 2026 open-innovation programme, gaining structured access to Shell Catalysts & Technologies and Technip Energies to advance its low-carbon hydrogen technology.
The image features a clear glass measuring beaker filled with a mound of small, polished brass pound sterling symbols (£) that spill over the rim onto a matte charcoal surface. The scattered symbols vary in position, with some balanced precariously and others lying flat, creating a surreal tableau that visually represents currency and value.

Touchstone Exploration launches retail share offer as part of $10-15m equity raise

The junior oiler is offering new shares to UK retail investors, priced at 7p, via Winterflood's WRAP platform, as it seeks to raise between $10m and $15m altogether.
The image depicts an overhead view of a geological sample tray filled with RC drill cuttings, arranged in a neat grid on a backdrop of bare red earth. The tray displays a transition of colors from pale cream and buff oxides on one end to darker grey-green fragments, culminating in a compartment with visible mineralization that catches the light with a metallic glint, illustrating a clear representation of geological analysis.

URU Metals reclassifies Zeb Target 2 as secondary after ground surveys

Ground geophysics at the Zeb Nickel Project confirmed magnetic bodies in both northern and southern Target 2 areas but left Target 2 as a secondary follow-up behind the Company’s priority Target 1.