RNS Hotlist with Zak Mir: BOO, REVB, ROCK, WBI, KZG, GDP, ORR, PRD & CNR via Vox Markets

boohoo (BOO) announce that it has recently made a strategic investment into Revolution Beauty Group (REVB), amounting to a direct interest as of the close on 12 August 2022 of 7.1%.

Author @ZaksTradersCafe

boohoo said the investment builds upon the existing relationship between boohoo and Revolution Beauty, under which Revolution Beauty products are sold through several of the Group’s direct to consumer brand websites and its online digital department store, Debenhams. The investment reflects boohoo’s belief in the growth potential of Revolution Beauty and it intends to be a supportive stakeholder and long-term partner.

Rockfire Resources (ROCK), the gold, base metal and critical mineral exploration company, updated on the company’s exploration activities at its 100%-owned Molaoi zinc deposit in Greece. Rockfire operates in Greece under its 100%-owned Greek subsidiary, Hellenic Minerals IKE. The company said its exploration has officially commenced with rock sampling and geological mapping and the team in Greece has been bolstered with the addition of a Greek geologist who is undertaking the rock sampling programme.

Woodbois (WBI), the African-focused forestry company, announced it has been ranked eighth in the annual Sustainability Policy Transparency Toolkit ESG policy transparency assessments for the worldwide timber and pulp industries. 100 timber and pulp companies that control over 44 million hectares of land were assessed.

Kazera Global (KZG), the AIM quoted investment company, said that further to the 26 July 2022 announcement of the receipt of the first tranche of the investment in the company’s new lithium JV and produced from the Company’s wholly owned mine at Tantalite Valley, Namibia, that the Company has now received the second payment of $400,000 in accordance with the terms of the deal on Lithium announced on 20 July 2022.

Goldplat (GDP), the AIM listed gold producer, announced an operational update for the 4th quarter, ended 30 June 2022. The two recovery operations continued a strong combined operating performance from the previous quarter and achieved a combined operating profit for the quarter of £1,973,000 which represents a 83% increase compared with Q4 in the previous period (Q4, 30 June 2021 – £1,080,000). The combined operating profit for the operating entities for 12 months ended 30 June 2022 increased by 51% to £7,996,000 (12 months ended 30 June 2021 – £5,300,000).

Oriole Resources (ORR), the AIM-quoted exploration company focused on West Africa, provides an exploration update on its 90%-owned Central Licence Package project in Cameroon. The company said the return of yet more successful results from this second phase of targeted soil sampling, which was based on previous positive results from the prospect-wide stream sediment programme in 2021, really does appear to confirm our proposition that the CLP covers a brand-new gold district in central Cameroon.

Those concerned that a fundraise was overdue at Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company, need wait no longer. The company announced that it has conditionally placed 60,000,000 new ordinary shares at 5.5p. The Placing was significantly oversubscribed.

Condor Gold (CNR) announced the results of an updated Mineral Resource Estimate on its 100% owned La India Project in Nicaragua. The updated MRE is 9,672 kt at 3.5g/t gold for 1,087,000 oz gold in the indicated mineral resource category and 8,642 kt at 4.3 g/t gold for 1,189,000 oz gold in the inferred mineral resource category.

Author @ZaksTradersCafe

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The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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