See our roundup of today's AIM risers - see the full LSE winners & losers board here.
Safestyle rises 10% to 55.2p a share
Safestyle (SFE) rises 10% following the announcement it made regarding recent market speculation
The company confirmed that it is “not in discussions to acquire NIAMAC Developments Ltd (trading as SafeGlaze UK) (NIAMAC) nor to acquire its business or assets”.
“The Board of Safestyle is however considering certain other arrangements with key stakeholders in NIAMAC that could benefit Safestyle's business and accelerate its recovery.”
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CAP-XX Limited rises 7% to 10.75p a share
CAP-XX (CPX) rises 7% following morning trading.
It recently released its audited results for the year ended 30 June 2018, reporting sales revenue of $4.9m up from $4.1m and a EBITDA loss of $1.6m.
It did highlight its strong sales pipeline consistent with the trading update announced in June 2018
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Fontera Resources rises 8% to 0.415p a share
Fontera Resources (FRR) rose 8% following the update it announced regarding the disagreement the company had with YA II PN, Ltd. over shares in the company.
The two parties resolved their differences by way of restructuring the outstanding Series A Preferred Convertible Shares redemption schedule and retracting and releasing each other from mutual claims.
Zaza Mamulaishvili, President and CEO, commented: "I am very pleased with the way the Company has resolved its disagreement with YA. The settlement terms are mutually workable for both the Company and YA."
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PhotonStar LED Group rises 15% to 0.185p a share
PhotonStar LED Group (PSL) rose over 15% following the announcement of its partnership with a major housing association.
The main applications by the Association are energy monitoring, critical assets monitoring (including heating and cooling), emergency lighting remote testing (including compliance reporting), temperature monitoring of water systems to reduce legionella risk (including compliance reporting) and general environmental monitoring.
James McKenzie, Chief Executive of PhotonStar, said: "Following the release of Halcyon V2 in May 2018, this Partnership represents a further step along the path of the Group's transformation into a software and services business.
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