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ARK: 1.30 0.00 ( 0.00 %) delayed: 05:00AM

  • Arkle Resources mulls selling stake in Stonepark zinc project in Ireland
    Monday 25 Nov 2019 14:25

    Arkle Resources said it was reviewing strategic options for its stake in the Stonepark zinc project in Ireland following interest in the asset from other industry participants. The company currently owned 23.4% of Stonepark. Chief executive Patrick Cullen said the company believed the strong...
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  • Arkle Resources says new prospective features identified at Stonepark zinc play
    Wednesday 13 Nov 2019 13:40

    Arkle Resources said data analysed from a airborne geophysical survey had revealed previously unknown and prospective geological features at its Stonepark zinc project. The company said the Limerick volcanic cover rocks were shown in much clearer detail than on any previous survey, while the...
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  • Arkle Resources losses widen on higher costs
    Monday 24 Jun 2019 08:51

    Arkle Resources reported wider annual losses on higher costs amid an increase in exploration activities. For the year ending 31 December 2018, pre-tax losses widened to £337,306 from £214, 331. 'In the near future we expect results from the ongoing work on the gold licences in Wicklow. We...
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  • Two directors of Arakan Resources resign
    Thursday 28 May 2015 12:07

    Arakan Resources has announced that it has received and accepted the resignations of Paul Devine and George Edwards from its Board. No further details were given. Story provided by
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  • Arakan Resources asks for its shares to be suspended
    Wednesday 22 Apr 2015 15:23

    Arakan Resources has decided to consider a restructuring itsassets and subsidiaries. This restructuring has been discussed at Board level and until it has consulted with legal counsel, advisors and stakeholders and reviews that advice has sought a suspension of its shares on the GXG. The GXG...
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  • Arakan appoints new director
    Friday 02 May 2014 12:19

    The board of Arakan (LON:ARK) has announced George Edwards will join the board of Arakan. Edwards has over 40 years experience in the coal industry in both mine production and marketing. Story provided by
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  • Arakan Resources completes purchase of Posit Coal
    Thursday 06 Mar 2014 12:08

    Arakan Resources has announced the completion of the acquisition of Posit Coal through the issue of 4m shares at $0.20 cents per share for a total consideration of $8m. Posit Coal has entered into a joint venture with state enterprise, Kyrgyz Kumor, for the management and increase in production...
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  • Arc cash offer of 16.25p per share 92% accepted
    Monday 21 Sep 2009 16:40

    Abigail (UK)'s cash offer of 16.25p per share for Arc International has been accepted by more than 90% of Arc shareholders. As at 18 September 2009, accptances had been received by approximately 92.63% of ARC's issued share capital. Abiglail confirms that it intends to compulsorily purchase...
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  • ARC directors resign
    Wednesday 16 Sep 2009 16:20

    ARC International says that Chairman, Richard Barfield and Senior Independent Director, Steven Gunders have resigned with immediate effect. Dr Alex Shubat and Brian Sereda have been appointed as executive directors of ARC and J. Daniel McCranie has been appointed Chairman. They join Dr Geoff...
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  • FLASH: ARC revenue fall in line with forecasts
    Wednesday 05 Aug 2009 07:17

    First half revenues at chip designer ARC International fell 22% to £7.3m which was in line with expectations. But it says restructuring of operations - which began on June 30 - are expected to deliver annual cost savings of £6.0m. Savings will be recognisable from the second half and achieved...
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  • FLASH: ARC and SiTel to enhance phone clairty
    Tuesday 04 Aug 2009 09:09

    ARC International and SiTel Semiconductor are to co-operate to enhance DECT phone call clarity. The firm will collaborate to provide superior voice clarity by implementing SiTel's high performance chips and ARC's new Vocal Clarity post-processing software. They say the improvements in voice...
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  • FLASH: ARC in bid talks
    Wednesday 29 Jul 2009 13:37

    The share price of multimedia specialist ARC International shot up by over 30% this morning after the Board confirmed that it was in discussions with a third party that may lead to an offer being made for the Company. By early afternoon, the share price was 3.75p higher at 15.5p, up 31.9% since...
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  • FLASH: ARC boost from university partner
    Tuesday 28 Jul 2009 09:18

    ARC International's university programme partner, the University of Edinburgh, has developed an advanced research processor based on ARC's 'ARCompact' architecture. The University of Edinburgh Informatics Department is ranked as number one among its peers in the UK and its Professor of...
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  • FLASH: Initio takes ARC licence
    Thursday 02 Jul 2009 09:07

    Integrated circuits and solutions for storage devices firm Initio has taken an ARC 600 licence to address the explosive growth USB 3.0 and solid state drive controller market. The ARC 600 will be embedded within USB 3.0 bridge controller and SSD controller to provide a Serial ATA2 to USB 3.0...
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  • FLASH: ARC clinches licensing deal with DensBits
    Wednesday 01 Jul 2009 09:14

    DensBits Technologies has taken a licence to use a member of ARC International's configurable and extendable ARC 600 storage to silicon family of cores. The ARC storage to silicon engine will be used in next generation multi-bit per-cell Flash technology. DensBits multi-bit per-cell technology...
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  • FLASH: ARC first half revenues in line with forecasts
    Tuesday 30 Jun 2009 09:37

    First half revenue for ARC International is in line with expectations. The firm - a leading provider of IP to OEM and semiconductor companies globally - says restructuring will deliver significant cost savings estimated at £6m on an annualised basis and recognisable from H2 2009. It said these...
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  • FLASH: ARC first half outlook very disappointing
    Wednesday 20 May 2009 09:54

    ARC International's financial outlook for the first half is very disappointing and demonstrates the need for action. The firm - a leading provider of consumer IP to OEM and semiconductor companies - says market conditions remain challenging, with longer sales cycles. It expects to generate...
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  • FLASH: ARC Intl president and CEO resigns
    Wednesday 06 May 2009 09:03

    Sound-to-silicon audio solutions specialist ARC International's president and chief executive Carl Schlachte has resigned. The roles will be filled by Dr Geoff Bristow, who is currently the senior independent director and has been a non-executive director since 2003. Schlachte joined the board...
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  • FLASH: ARC signs new deal with Boston Scientific
    Tuesday 24 Mar 2009 09:10

    ARC International has agreed a new licensing deal with Boston Scientific. ARC - which provides intellectual property to OEM and semiconductor companies - said Boston Scientific had extended its commitment to ARC technology by taking a new licence. Boston Scientific - a long-time ARC customer -...
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  • FLASH: ARC Intl royalties and revenue increases
    Wednesday 25 Feb 2009 08:01

    Consumer IP to OEM and semiconductor companies supplier ARC International increased its revenues and royalties last year. Total revenue was £17.0m, up 18% with royalties of £7.9m, up 61%. The group posts a net loss was £7.3m including the results of non-recurring expenses, charges and delayed...
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  • FLASH: ARC signs licensing deal with Synochip
    Tuesday 27 Jan 2009 09:40

    Technology firm ARC International has agreed a licensing deal with Synochip, China's leading provider of fingerprint biometric solutions. Synochip has taken an ARC licence to build system on chips that provide advanced security for PCs, flash drives, portable video players and information...
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  • Contract delays hurt ARC
    Wednesday 15 Feb 2006 09:58

    Computer systems manufacturer ARC International said its annual losses have narrowed slightly. The company added it still considered the results disappointing, with delayed contracts, lower-than-expected growth in processor revenue and a delay in the release of its Video Subsystem all limiting...
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  • ARC Int'l warns of shortfall
    Friday 06 Jan 2006 07:27

    ARC International estimates that revenue for the second half to end-December will be below management expectations at £5m. However, the company claimed it is still making good progress towards achieving its strategic goals despite the shortfall. The shortfall is a consequence of a number of...
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  • Losses slashed at ARC
    Wednesday 09 Feb 2005 07:35

    Chip designer ARC International said today its net loss narrowed to £5.1m in the year to December 31st. This is a reduction from £24.6m a year earlier and was driven by a 13% increase in turnover combined with a 32% cut in operating costs. At the same time, the group announced a deal to license...
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  • ARC hit by deal delays
    Wednesday 09 Apr 2003 12:46

    A slippage in finalising a number of contracts will hit first quarter figures ARC International, the semiconductor and software technology licensing group, disappointed its investors today by saying a number of deals due to be closed during the first quarter of this year have been deferred into...
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