Small caps: Lombard Risk Management, Oxford Catalysts...

25th Feb 2011 09:50

Oxford Catalysts has raised £21m though a placing of 26.3m new shares at 80p. The cash will help Oxford move from a research and development organisation to a commercial product company, it said.Compliance and regulatory specialist Lombard Risk Management's trading during the first ten months in line with market revenue and earnings expectations for the full year. The sales pipeline is encouraging and, if any further deals close before the year end, performance may be materially enhanced, it said.Africa-focused Chariot Oil & Gas has announced a 36% increase in its estimate of prospective resources of oil in its Northern licence offshore Namibia. Its estimate of gross unrisked mean prospective resources stands at 2.361bn barrels, compared with 1.94bn previously."This additional resource upgrade further increases the value contained within our asset portfolio...Our technical work continues and we anticipate further upgrades within our Southern licences once a similar exercise has been completed there," said chief executive officer Paul Welch.Entertainment One has proposed a placing to raise up to £11.6m to seek "small, earnings enhancing acquisition opportunities". The Peppa Pig franchise owner proposes to issue up to 8m new shares at a price of no less than 145p per share.