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Proactive headlines: FastForward Innovations, Love Hemp, Shield Therapeutics…

FastForward Innovations Ltd (LON:FFWD) said its investee Little Green Pharma Ltd (LGP) has announced an additional A$2.5mln (£1.3mln) purchase order for its high THC cannabis flower medicine from an existing client.

Love Hemp Group PLC (AQSE:LIFE) (OTCQB:WRHLF ) has increased the total proceeds of its share subscription from £2mln to £2.35mln.

Shield Therapeutics PLC (LON:STX) has appointed a new chief executive with “deep knowledge and previous experience in the US iron deficiency marketplace”.

Quantum Blockchain Technologies PLC (LON:QBT) has updated investors on the current status of Clear Leisure 2017’s (CL17’s) legal action against Sipiem SpA’s previous board and internal audit committee.

Tlou Energy Ltd (LON:TLOU) said it is developing a hydrogen strategy to complement its gas-to-power project.

Ergomed PLC (LON:ERGO) said its chief financial officer Richard Barfield will present at the Jefferies Virtual Healthcare Conference at 1pm BST on June 2, 2021.

Esken Limited (LON:ESKN) has updated investors on the sale of its entire shareholding in Stobart Air Unlimited Company and Stobart Air (UK) Limited, the owner of Carlisle Lake District Airport to Ettyl Limited. The company said the sale is subject to certain change of control and bank facility consents that were expected in early Maym and that it continues to expect the transaction to complete on the basis set out in the announcement made on April 20, 2021. Esken said banking facility consent has been obtained, however concluding the change of control consents is taking longer than was envisaged at the time of the announcement of the transaction. The firm said it will provide a further update on the transaction in due course.

EQTEC PLC (LON:EQT), the gasification technology specialist, is to raise up to £15mln through a share placing and subscription at 1.5p a share. The company also revealed that finance director Gerry Madden is to retire this year.

Westminster Group PLC (LON:WSG) said Mawuli Ababio had been appointed as deputy chairman while Charles Cattaneo will be stepping down as a Non-Executive Director.

Galantas Gold PLC (LON:GAL) said it shipped C$567,000 (£329,000) worth of concentrate from its mine in Omagh, Northern Ireland, in the three months to end-March 2021, its third quarter.

Panthera Resources PLC (LON: PAT) has started its 5,000m reverse circulation drilling programme at the Labola (Wuo Land) Project in Burkina Faso.

Kodal Minerals PLC (LON:KOD) has kicked off aircore drilling and has added a second drill rig, reverse circulation (RC), at the Nielle project, Cote d’Ivoire.

San Leon Energy PLC (LON:SLE) highlighted that preparations for the well re-entry programme at the Oza field in Nigeria is advancing apace with the major drill rig components due on site this week.

Karelian Diamond Resources PLC (LON:KDR) said it raised £600,000 through a placing and subscription and a debt to shares conversion to fund drilling at its Lahtojoki diamond deposit in Finland.

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