Pensana (PRE) announced that it has concluded a US$100 million subscription by a Strategic Investor in support of the Company’s U.S. Mine-to-Magnet strategy.
Under the agreement, the Strategic Investor has subscribed for 95,000,000 new ordinary shares of £0.001 each subject to confirmatory due diligence of the Longonjo project along with shareholder authorisation of the share issue and approval for the allotment of shares to the Strategic Investor.
Comment: It was certainly rather better to travel than arrive in terms of the run up to the subscription, with an eye watering retreat for PRE shares from the beginning of October. It may take a while for the dust and shareholders to settle.
MediaZest plc (MDZ), the creative audio-visual solutions provider, announced a major debt restructure and provides the following trading update for the year ended 30 September 2025, a period which has seen increased revenues, reporting profitability at the EBITDA and pre-tax level, underpinned by key customers continuing to roll-out digital signage installations across multiple sites. The Company has had a solid H2 25, building on the strong performance reported in H1 25, with the Group expected to report another period of year-on-year growth. Annual revenues are expected to be up 30% to approximately £4.0m (FY 2024: £3.07m), with the Group expected to report a modest profit after tax and a substantial EBITDA profit. Cash in hand at the year-end is also expected to be up 50% to circa. £100,000 (FY 2024: £64,000).
Comment: It would appear that debt restructuring is the flavour of the month, given that we have only just been treated to such a concept at Anglesey Mining (AYM), something most in the market were happy with.
GreenRoc Strategic Materials Plc (GROC), a company focused on the development of critical mineral projects in Greenland, announced that the Government of Greenland has granted an Exploitation Licence for the Amitsoq Graphite Project to Greenland Graphite a/s , a wholly owned, Greenland registered subsidiary of GreenRoc. On 8 December 2025, the Minister of Business, Mineral Resources, Energy, Justice and Gender Equality Naaja H. Nathanielsen, together with Stefan Bernstein, Director of Greenland Graphite, signed a 30-year exploitation permit for graphite at Piiaaffik Amitsoq, the placename for the Amitsoq graphite deposit.
Comment: GROC is enjoying its Greenland land grab, especially this has been the year for companies to go for such a strategy against the backdrop of a squeeze in critical minerals supply. The shares are up 50% so far this year, something which seems modest given that the market cap is still just £7m.
Ariana Resources plc (AAU), the mineral exploration, development and production company with gold project interests in Africa and Europe, announced that it has entered into a strategic investment term sheet with Hongkong Xinhai Mining Services Ltd. (part of Shandong Xinhai Mining Technology & Equipment Inc.) to provide the Company with A$8 million in immediate funding and to conduct a Metallurgical Sampling and Testwork Programme and to progress the Definitive Feasibility Study at the Dokwe Gold Project in Zimbabwe which is 100% owned by Ariana.
Comment: One rather gets the feeling that if this were any other company than AAU the shares and the market would be jumping for joy. Perhaps they will, but it does appear the company is currently not getting the kind of backing it deserves.
Aterian plc (ATN), the critical mineral exploration and development company focused on Africa, announced the signing of a binding Heads of Terms for a strategic, AI-powered earn-in joint venture with Lithosquare SAS, a Paris-based next-generation exploration company combining foundational AI, advanced data science and deep geological expertise to accelerate mineral discovery. Up to €1.4 million fully funded AI-led programme directed across eight priority Aterian projects.
Comment: Everything is AI powered these days, even fruit & veg stalls and donkey rides. This might explain why shares of ATN are only up 7%, even though this is actually a decent announcement, AI notwithstanding.
Applied Nutrition plc (APN), a leading sports nutrition, health and wellness brand, today announces an update on trading for the current financial year ending 31 July 2026. Further to the Company’s positive trading outlook mentioned in the Final Results announcement on 10 November 2025, Applied Nutrition announce that the strong momentum has continued and is also reflected in the current order book. As a result the Company now expects that FY26 results are likely to exceed current market consensus estimates by approximately 10%.
Comment: Although a 10% beat is not amazing, it is enough to draw APN to our attention, something which is required as the company hitherto has not been on the radar as far as many investors have been concerned.
Georgina Energy Plc, (GEX) provided the following update for the approved drill program at Hussar EP513 and progression of the Mt Winter and Central Petroleum asset acquisitions. GEX said “Georgina Energy Plc, GEX.L provides the following update for the approved drill program at Hussar EP513 and progression of the Mt Winter and Central Petroleum asset acquisitions.”
Comment: One of the stocks on the market makers’ “Do Not Resuscitate” list, in that however good the news, the shares are not allowed to go higher. The share price does not reflect the efforts being made by the company, if nothing else. A comprehensive list of DNR stocks can be provided on request.
Mendell Helium (AQSE:MDH) announces that, further to its announcement of 17 November 2025, the Company is pleased to announce that it has raised, through the Subscription and an unsecured convertible loan note facility (“CLN”) with certain high net worth investors, aggregate gross proceeds of approximately £513,000.
Comment: One perhaps had it in one’s mind that as a producing helium company that MDH might not need to do the traditional pre-Christmas raise. One might also have though that actually being a producing helium company, MDH might have been able to raise more than half a bar.
Disclaimer & Declaration of Interest:
The information, investment views, and recommendations in this Zaks Traders Cafe interview are provided for general information purposes only. Nothing in this interview should be construed as a promotion or solicitation to buy or sell any financial product relating to any companies under discussion or referred to or to engage in or refrain from doing so or engage in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
