TBC Bank Group (TBCG) shares continue to tick up this month, rising 4.85% to 1,641p 

At the beginning of the month TBC Bank Group announced that its subsidiary, JSC TBC Bank (“TBC Bank”), had signed a loan agreement in the amount of $50 million with Proparco.

The facility, which the company said offers further reinforcement of the partnership between Proparco and TBC Bank, is expected to strengthen the group’s position on the market.

Avacta Group (AVCT)  shares rose 16.67% to 59.5p as AVA6000 clinical study progresses

In recent weeks, Avacta has moved to the next dose cohort of its Phase I clinical study of AVA6000 Pro-doxorubicin following a positive safety review from patients in the first cohort.

AVA6000 is a novel form of doxorubicin that has been modified with Avacta’s pre|CISION™ platform to improve its safety and therapeutic index. Avacta, a clinical stage oncology drug company, is focused on developing diagnostics based on several of its technology platforms.

Earlier this month, Avacta’s Safety Data Monitoring Committee (SDMC), which is composed of clinicians recruiting patients, announced that it had completed its review of the safety data from the group’s first cohort dosed with AVA6000 at 80mg/m2 in the ongoing Phase I trial.

Following this safety review, the SDMC had recommended that the first-in-human Phase I clinical trial continues as planned and escalates to the next dose of AVA6000 at 120mg/m2.

Kazera Global (KZG) shares rise 16.00% to 1.45p as production cycle reaches record number

The investment firm said diamond production for its current production cycle has achieved a record number of over 1,000 carats, the largest of which is a high value stone of 13 ct.

In addition, the Tantalite Valley mine is expected to become operational shortly, after which the Company will begin exporting commercial quantities of Tantalum to its offtake partner.

Dennis Edmonds, Kazera’s CEO, commented: “With our diamond operation now contributing directly to the Company’s bottom line, Tantalum profits soon to be generated and HMS to come, we can look forward with ever more confidence to a secure economic future in 2022.”

Blue Star Capital (BLU) shares tick up 15.58% to 0.445p as portfolio makes progress

In recent weeks, the investment firm’s investee company NFT Investments, announced that it had entered into a non-binding letter of intent (“LOI”) to acquire Pluto Digital PLC (“Pluto”), a crypto venture capital and technology company, for a total consideration of £96 million.

The proposed acquisition, which is conditional on shareholder approval, is expected to create a significant global metaverse company and advance NFT’s investments in the non-fungible tokens sector as the Pluto Ventures division has invested heavily in NFTs and NFT gaming.