Citywire: The FCA has warned of scam emails sent by fraudsters posing to be the regulator to dupe people into sending money. The regulator revealed it has received almost 5,000 fake FCA scam reports in the first half of 2025.
Comment: There are of course many wonderful reasons for having a financial regulator, none of which are going to be listed here. However, fraudsters posing as the FCA is one reason why the cure of having a regulator can be worse than the disease of not having one. The other downside is bad actors using defamation / threats of being reported to bodies such as the FCA, AIM Regulation or the Financial Reporting Council to slur listed companies for shorting purposes. Nothing has been done about this in decades, losing both listed companies and their investors tens of millions of Pounds.
Gunsynd (GUN) announced that further to its announcement of 23 June 2025, the Company has entered into a farm-in agreement with 10148942 MB LTD with respect to the Barb Gold Project. The terms of the Agreement are the same as the legally binding Term Sheet announced on 23 June 2025. The Company is in discussions with the Operator with respect to an upcoming work programme and permitting. The Company will update the market with respect to this in due course.
Comment: The market does not yet appreciate what a canny investor GUN is, something witnessed by the announcement earlier this week. Today’s news underlines this, and also underlines why the shares should continue to bounce off recent lows.
Buccaneer Energy (BUCE), the international oil & gas exploration and production company focused on producing assets in Texas, USA, will host a live interactive presentation on the Engage Investor platform, on Tuesday 9th September at 3.00pm UK. BUCE said it welcomes all current shareholders and interested investors to join and encourages investors to pre-submit questions. Investors can also submit questions at any time during the live presentation. Investors can sign up to Engage Investor at no cost and follow Buccaneer Energy Plc from their personalised investor hub. Register interest in this event here: https://engageinvestor.news/BUCE_IP_0925
Comment: Although one may not have heard of Engage Investor or whether it provides a personalised investor hub for companies, one is sure that it is every bit as useful to listed companies as Investor Meet and / or Investor Hub. What one has heard is that BUCE is using Appold for a potential BTC strategy and our friends at Oak Securities, who helped raise £600k recently.
Amazing AI plc (AQSE: AAI), a global fintech group specialising in online consumer loans and AI finance related services, announces that it has raised £72,000 at a price of £0.01 per share all from existing shareholders. The Company intends to use the funds raised for its bitcoin treasury policy, the Company’s business plan and for general working capital purposes. Paul Mathieson, CEO of Amazing AI plc said, “We are pleased to have completed our latest capital raise with existing substantial shareholders at a premium to the last traded price and at double the last subscription price in mid-July.”
Comment: A £72k premium placing, what is not to like? One can be sure if more had known about the raise AAI could have gotten to the magic 6 figures.
Vault Ventures PLC (AQSE: VULT), the UK-publicly traded technology group, is pleased to announce a strategic partnership between its wholly owned subsidiary System7 and Quant Insight (QI), a global leader in macroeconomic analytics. The Company also provided an update on its digital asset treasury activities and announces the issuance of new warrants to financial advisors. The launch of our AI-driven software product through the Company’s wholly owned subsidiary, System7, combines real-time cryptocurrency price monitoring with advanced macroeconomic analysis.
Comment: Although even flushing a toilet is AI-driven these days (and hence there is no need to mention it). That said, VULT with its push away from BTC in ETH could very well be a big winning bet, as in recent weeks there has been a noticeable shift in that market direction. What is also noticeable from the RNS is the award of warrants to “independent financial market experts for advisory services to the company.” This is interesting as in 35 years plus of being involved in the markets I have not encountered anyone independent or expert an advisory capacity. Therefore, it would be great to know who these wonderful people are, and how VULT found them.
EDX Medical Group, (AQSE:EDX), which develops innovative digital diagnostic products and services for the personalised treatment for cancer, heart disease and infectious diseases, today announced that Dr Michael Hudson, chief executive officer of the Company, purchased a total of 25,000 ordinary shares in the Company on August 27, 2025, at a price per share of 10.65 pence.
Comment: One wonders if there is good news on its way for EDX, a month or two down the line?
Audioboom (BOOM), the leading global podcast company, announces that, on 27 August, Stuart Last, CEO of the Company, exercised options over 15,997 ordinary shares. Of these options, 10,660 had an exercise price of £4.125 per Ordinary Share, and were due to expire on 24 September 2025. The balance of 5,337 options had an exercise price of £1.30 per Ordinary Share.
Comment: Historically, director buying at BOOM happening all the way down from £10 plus and was not a good sign for the share price. Ideally, the exercise of options will be a rather better indicator the shares being ready for a lasting bull run which will get them back to the dizzy heights of the pandemic era.
IIG (IIG) announced an equity fundraise of £3,654,180 at a price of £1.00 per share in line with the equity fundraise announced on 11 June 2025. As with the previous recent fundraises, the proceeds of the issue will be invested in Hui10 Inc., a technology company leading the digital transformation of the Chinese lottery and IIG’s largest investment, to accelerate the nationwide rollout of its products and services in China.
Comment: IIG sounds like it has a license to print money in China, not an easy feat (getting the license). This along with Sir Nigel Rudd and Giles Willits on the board, who are among the most capable directors around, suggest that of more in the market actually knew about the company, it would gain significant traction amongst UK investors.
Arrow Exploration Corp. (AXL), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, announce the filing of its Interim Condensed (unaudited) Consolidated Financial Statements and Management’s Discussion and Analysis for the three and six months ended June 30, 2025. Average corporate production of 3,768 boe/d (Q2 2024: 2,546 boe/d), representing a 48% increase when compared to the same period in 2024. Recorded $15.9 million of total oil and natural gas revenue, net of royalties, representing a 5% increase when compared to the same period in 2024 (Q2 2024: $15.1 million). Realized corporate oil operating netbacks of $27.36/bbl. Cash position of $13.2 million at the end of Q2 2025.
Comment: One can only assume that AXL is delighted with the stark contrast between its excellent fundamental performance and its shares being down 42% so far this year. Perhaps it can spend some of its cash to get a new message out, ideally with some fresh faces? Maybe giving warrants to ““independent financial market experts for advisory services to the company.”
Cloudbreak Discovery (CDL), a London Stock Exchange Main Market listed company, is pleased to announce that it has raised £600,000 (gross) at 0.475 pence per share, representing a 10% discount to the closing price on 27 August 2025, from one existing and two new strategic institutional investors including a US based investment fund specialising in mining. CDL said, “This placing enables us to greatly accelerate the work programme planned at our recently announced increased acreage at Darlot West, and further, to crystallise some exciting opportunities the Company has already negotiated exclusivity on.”
Comment: It will be interesting to see whether shares of CDL rise on this news, ahead of headroom being delivered. Perhaps the company could have waited on raising the cash at a higher price, towards 1p? Nevertheless, the revamp here appears to be very much on.
First Development Resources (FDR) a UK based, Australia focused exploration company with mineral interests in Western Australia and the Northern Territory, is pleased to provide an update in respect of drilling at the Wallal Project in the Paterson Province of Western Australia. First Development’s drilling partner DDH1 Drilling Pty Ltd has established an accommodation camp and support infrastructure at Wallal to facilitate the Phase I diamond core drilling programme.
Comment: FDR said it would hit the ground running and it has. Ideally, the shares will continue to squeeze higher in anticipation of the drilling programme and its results.
Tungsten West (TUN), the mining company focused on restarting production at the Hemerdon tungsten and tin mine in Devon, UK, is pleased to announced it has received a non-binding Letter of Interest from the Export-Import Bank of the United States, the official export credit agency of the U.S., outlining its capacity to provide financial support to the Company and Project. Under the EXIM’s new Supply Chain Resilience Initiative, EXIM is able to consider financing up to US$95 million for a maximum repayment term of 15 years. The anticipated financing would not be tied to specific equipment purchases, and is predicated upon the Project’s offtake agreement with U.S. buyers. The contemplated funding package would form a significant part of the debt financing required to bring Hemerdon back into production.
Comment: This is a massive announcement for TUN, and it will be interesting to see whether the sleepy London market sees it that way. If it does not mark the stock up 100% at some point today, we may as well all up sticks and go home.
Greatland Resources (GGP) has today lodged its unaudited preliminary full-year final report for year ended 30 June 2025 (FY2025). Significant cash generation from just seven months of operations in FY2025. Revenue from customer contracts of $961.3 million at an average achieved gold price of $4,785 per ounce. Net cash flow from operating activities of $601.1 million.
Comment: Now that we have Wishbone Gold (WSBN) as the new GGP, there is little reason to look at today’s update. That said, GGP looks to have hit the ball clean out of the park on these numbers, something which may yet encourage WSBN holders still further.
Fusion Antibodies (FAB), specialists in pre-clinical antibody discovery, engineering and supply for both therapeutic drug and diagnostic applications, announces that it has been selected to proceed with a new humanisation project under an existing Master Service Agreement with a US based specialty division of a global pharmaceutical company.
Comment: Humanisation sounds like something the current UK government could use in spades at the moment. Nevertheless, today’s news for FAB should ensure the shares continue their significant, ongoing re-rate.
Solvonis Therapeutics (SVNS), a clinical-stage biopharmaceutical company developing novel medicines for addiction and mental health disorders, is delighted to announce amendments to its consultancy agreement with Professor David Nutt, the Company’s Chief Scientific Officer. Under the revised terms, Professor Nutt will increase his commitment to Solvonis, serve as Interim Chair of the newly established Scientific Advisory Committee, and work exclusively with the Company in the field of commercial drug discovery and development for CNS disorders.
Comment: Messrs Tennyson and Nutt have already transformed SVNS, and it is right that the Professor expands his role at the company. SVNS is already sitting on two blockbuster areas in the making, alcohol addiction and PTSD, and one can imagine this strategy of addressing large markets with thus far even larger unmet needs.
Empire Metals (EEE), the AIM-quoted and OTCQB-traded exploration and development company, is pleased to report significant progress in metallurgical testwork at its Pitfield Project in Western Australia. These results confirm that the weathered ore at Pitfield can be processed using conventional separation and refining techniques, delivering industry-leading recoveries and a high-purity titanium dioxide (TiO₂) product.
Comment: Anyone wondering how and why shares of EEE (successfully charted here from the lows) were going up, has their answer today. Well done, on all those with clairvoyant tendencies. The latest Zaks Traders Cafe charting target at 60p has just been hit on the nose. Who else does that?
Cambridge Cognition Holdings (COG), the brain health software group specialising in digital health products that advance brain health research and treatment, announced the following changes to the board in leadership and Non-Executive governance. COG said “Since the beginning of 2024 we have sought to grow and transition the Board for the next stage of its development. As part of this process, three new independent Non-Executive Directors joined the Board – Stuart Gall, Nick Rodgers, and Jon Kempster.”
Comment: It is clear that COG is looking to be a grown up company, hence the arrival of the big three to the board. Given the weak share price performance in recent years, there is much to do to turn market perception around. It starts here.
Serabi Gold (SRB), the Brazilian focused gold mining and development company, released its unaudited interim results for the three and six-month periods ended 30 June 2025. Gold production for the first half of 2025 of 20,545 ounces (corresponding six-month period of 2024: 18,010 ounces). Cash held at 30 June 2025 of $30.4 million (31 December 2024: $22.2 million). EBITDA for the six-month period of $26.3 million (corresponding six-month period of 2024: $13.0 million). Post-tax profit for the six-month period of $18.9 million (corresponding six-month period of 2024: $9.2 million).
Comment: An envy inducing update from SRB, one that even in current conditions when being a gold producer is like falling off a log, is impressive. A charting target of 280p by the end of the year, while above recent 180p support appears doable.
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.
