News And Announcements
Firering secures £0.85m in non-dilutive funding
Firering Strategic Minerals, an emerging producer of quicklime and explorer of critical minerals, announced on Friday that it has secured £0. 85m in non-dilutive funding through an 18-month unsecured bridge loan, as it accelerates the development of its Limeco quicklime project in Zambia.
Rosslyn inks big partnership with top-five consulting firm
Enterprise spend intelligence specialist Rosslyn Data Technologies announced on Friday that it has formed a significant partnership with a top-five global consulting firm.
Tekcapital raises £1m to support portfolio firm Guident
Intellectual property investor Tekcapital announced on Friday that it has raised £1m before expenses through a combination of a placing and subscription, to support the growth of its portfolio company Guident.
OPG being investigated for alleged regulatory non-compliance
OPG Power Ventures said on Friday that it was the subject of an investigation into alleged regulatory non-compliance under the Foreign Exchange Management Act (FEMA).
Helium One reports progress at Galactica-Pegasus
Exploration company Helium One Global announced a number of developments at the Galactica-Pegasus project in Colorado’s Las Animas County on Friday.
Pharma stocks tank as Trump names RFK Jr health chief
Pharmaceutical and biotech stocks around the world slumped on Friday, after US president-elect Donald Trump appointed vaccine sceptic Robert F Kennedy Jr to his cabinet.
Ilika reports solid first-half progress
Solid-state battery technology developer Ilika reported significant advancements in its Stereax and Goliath battery programmes in an update on Friday.
Altitude Group shares slide on first-half update
Shares in branded merchandise specialist Altitude Group were sliding on Friday, even after it reported robust trading for the six months ended 30 September, with revenue expected to rise over 20% year-on-year and adjusted operating profit up 9%.
Guardian Metal Resources reports year of progress
Guardian Metal Resources, a Nevada-focussed mineral explorer targeting tungsten, gold, lithium, copper, and silver, reported significant strides in exploration, project development, and capital-raising efforts in its final results on Friday.
Greatland Gold reports progress on Paterson assets acquisition
Greatland Gold updated the market on its planned acquisition of a 70% stake in the Havieron gold-copper project, full ownership of the Telfer gold-copper mine, and associated assets in Western Australia's Paterson region on Friday.
Nissan shares jump as second activist buys stake
Shares in Nissan rose strongly in Tokyo on Friday after it was revealed that activist investor Oasis Management has taken a stake in the Japanese auto group, just days after another activist bought shares.
Nexxen reports strong third-quarter growth
Advertising technology platform specialist Nexxen International reported a robust set of third-quarter results on Friday, highlighted by record connected TV (CTV) revenue and significant gains in profitability.
Trading on track at Record despite revenue dip
Asset manager Record said trading remained in line with expectations on Friday, despite a dip in revenues and more "challenging" conditions.
Amaroq Minerals inks crucial deals for Nalunaq gold production
Amaroq Minerals announced critical agreements in preparation for gold production at its Nalunaq project in Southern Greenland on Friday.
Helios Underwriting flags fall in capacity fund value
Helios Underwriting, a publicly-traded company offering access to a portfolio of Lloyd’s of London syndicates, updated the market on the value of its capacity portfolio on Friday, following the 2024 Lloyd’s capacity auctions.
Higher palm oil prices boost MP Evans
Shares in MP Evans Group rallied on Friday, after the AIM-listed firm said a surprise jump in crude palm oil prices would bolster profits.
Victoria expects demand to pick up in second half
Flooring manufacturer Victoria said it expects full-year results to be in line with market forecasts, predicting a pick-up in momentum in the second half.
Evotec surges on Halozyme takeover interest
Evotec surged on Friday after Halozyme Therapeutics confirmed it had submitted a non-binding proposal to buy the German biotech for €11. 00 per share in cash, or about €2bn.
Volex makes two rejected bids for TT Electronics
Volex announced on Friday that it has submitted two proposals to acquire the London-listed TT Electronics in a cash-and-shares deal, valuing it at around £249m.
Convatec disappointed as InnovaMatrix excluded from Medicare coverage
Medical products group Convatec has expressed disappointment with a ruling which excludes its InnovaMatrix product from Medicare coverage in the US, but says it is confident of securing coverage in the future.