Catenai (CTAI), the AIM quoted provider of digital media and technology, announced that Alludium Ltd will be hosting an in-person ‘First Look’ event in London on 3 July 2025.
This event will provide investors with their first opportunity to meet the team and explore Alludium’s no-code AI Agent platform in person, following the launch of their Early Access Program in May 2025 and recent acceptance into start up programs including NVIDIA Inception, AWS Activate, and Atlassian for Startups.
Comment: It is quite an inspirational idea that investors will be able to “kick the tyres” as far as the company’s recent AI investment, which so far has been very well received, especially in terms of the share price.
Valereum (AQSE: VLRM) announced a €1.7 million strategic investment in Fideum Group Limited for a minority stake. Under the terms of the Investment, VLRM will be investing €1.7 million in Fideum which is expected to be paid in cash, bitcoin or stablecoin. The Investment will be made in multiple tranches with the acquisition of the first tranche expected to be completed in June 2025, completion of the entire Investment is expected by June 2026.
Comment: It can be seen that VLRM is keen to regroup after its recent share price eroding travails. In essence, the company is starting again from scratch.
EDX Medical Group (AQSE:EDX), which develops innovative digital diagnostic products announced that has signed a memorandum of understanding with Spire Healthcare Group plc (LSE: SPI), a leading independent healthcare group in the UK. Under the terms of the memorandum of understanding, EDX Medical and Spire Healthcare will explore opportunities to utilise new diagnostic products and patient testing services.
Comment: While we wait for the big sales news we see EDX delivering another serious sounding tie up, with a blue chip counterparty. Hopefully, this in itself will be enough to take the share price up to the next level at 20p plus.
Touchstone Exploration (TXP) said that further to the Company’s May 8, 2025 announcement regarding a £15.375 million private placement arranged by Portillion Capital and OAK Securities, the Company advises that £10.325 million of the gross proceeds remains outstanding. Touchstone has been informed that Portillion Capital and OAK Securities are finalizing documentation related to the settlement of proceeds from certain institutional investors. The Company expects to receive the outstanding funds on or before the close of business on June 20, 2025.
Comment: It is difficult to read a fundraising RNS these days, without seeing the name of Oak Securities, a company which seems determined to singlehandedly repopulate the stock market, but also provide a decent chunk of the corporate finance.
Mkango Resources (MKA) and CoTec Holdings Corp. provided a technical update for HyProMag Limited and its ongoing advanced pilot programme for the scale-up and roll out of Hydrogen Processing of Magnet Scrap technology. MKA said “HyProMag is going from strength to strength with the support of its excellent and growing team, as well as from the University of Birmingham and its other partners. The company is well placed to capitalise on the increasing demand for more robust supply chains and sustainably sourced magnetic materials – technologies being commercialised by HyProMag will be transformational for the sector, and we look forward to first sales in UK and Germany in the coming months, as well as completion of detailed engineering in the USA in advance of large-scale project development.”
Comment: MKA continues its journey in terms of being a heavy duty player in its chosen space, and perhaps just as importantly, having that USA angle. A continuation of the so far 100% share price rise in 2025 beckons.
GreenX Metals (GRX) advised that work on historical drill cores from the Tannenberg Copper Project (Tannenberg or Project) will soon commence. GreenX CEO, Mr Ben Stoikovich, said “There is tremendous value to be gained from the historical core at Tannenberg. These historical holes were drilled, but not properly assayed. For very little cost, we will gain a lot of new information about the Kupferschiefer mineral system at Tannenberg. This work package is funded by the BHP Xplor grant up to USD$500,000 announced in January 2025.”
Comment: GRX shares have been rather unfairly becalmed over much of the past year, needing the kind of fresh newsflow that we have been treated to today. This is essentially a free win in terms of being a financed work package.
Bluebird Mining Ventures (BMV) a pan Asian gold project development company, announced that it has entered into direct subscription agreements totalling £257,500 via a non-brokered funding round at £0.005p per share. The Direct Subscription was taken up by select professional investors and crypto investors. The Company will issue the equity upon receipt of the subscription funds, due to be received on or around 16 June 2025. Furthermore, Aidan Bishop has agreed to subscribe for £15,000 at the same price.
Comment: Wonderful to see our Aidan spend £15k. If BMV plays its cards right from now we could see the stock towards 1p by the end of next month, with its hot new Bitcoin Mining machines strategy.
SkinBioTherapeutics (SBTX), a life science group focused on skin health, announces that it has signed an exclusive UK commercial agreement with Superdrug Stores plc, one of the UK’s leading beauty and health retailers, related to its AxisBiotix™ food supplements to alleviate the symptoms of inflammatory skin conditions. In order to provide additional working capital to facilitate and support the Commercial Agreement and future formulation and packaging requirements, the Company has today raised £4.1m.
Comment: Although Superdrug is not quite Boots, or John, Bell & Croyden, it is too early to know how much the deal will be worth. Indeed, while big name deals tend to be stingy, this should eventually be a decent win for SBTX.
Physiomics (PYC), a leading mathematical modelling, data science and biostatistics company supporting the development of new therapeutics and personalised medicine solutions, announced the recruitment of Mr Jesse Thissen as Head of Biometrics, as well as the signing of the Company’s first ever two Biometrics contracts. The combined estimated value of both contracts is £111,000.
Comment: Although the £111,000 number is not quite up to FTSE 100 level, the market cap of PYC is so small that it can and does very often make a difference to the share price.
Peel Hunt Limited (PEEL) announced audited results for the year ended 31 March 2025. On an adjusted basis the Group was profitable with a profit before tax of £0.8m (FY24: adjusted LBT £2.7m). PEEL said “In challenging markets, we have delivered an improved revenue performance through our continued focus on diversifying our business and being a trusted advisor to high-quality clients.”
Comment: With spreads that you could pass a bus through as far as small caps are concerned, it is surprising that PEEL has not been more profitable. But with the lay of the land looking far brighter in the past quarter, one would imagine the market maker will do rather better next time.
Thor Energy (THR) announced that its subsidiary, Go Exploration Pty Ltd has received an offer from the South Australian Department for Energy and Mining to be granted three Gas Storage Exploration Licences: GSEL 804, GSEL 805, and GSEL 806, which has been formally accepted.
Comment: Although there was the odd spark early last year as far as the THR share price, it would appear that the company has rather taken its foot off the pedal since then. Nevertheless, the latest licences win does and should deserve some market love.
Ondo Insurtech (ONDO), a leading company in claims prevention technology for home insurers, confirmed that Bear River Mutual Insurance Company has signed a contract with LeakBot USA Inc, the Company’s US subsidiary.
Comment: It is interesting that either ONDO, or the market, has rather dropped the ball as far as its share price, and level of enthusiastic comms. It may be the cade it is time to change the present strong, silent type approach.
Coinsilium Group (AQSE: COIN), updated on its Bitcoin treasury activity and that of its wholly owned Gibraltar subsidiary, Forza Gibraltar Limited, established to implement the Company’s dedicated Bitcoin-focused treasury operations. Number of Bitcoin Purchased: 6.5577. Total Purchase Amount: £510,000. As of the date of this announcement, Forza!’s total Bitcoin holdings stand at 25.2392 Bitcoin.
Comment: COIN (definitely not Coinbase) has become part of the UK’s dynamic duo of Bitcoin Treasury Strategy vehicles alongside Smarter Web. 12p is the big level to break as far as the share price of COIN is concerned, with 30p in sight after that.
Great Western Mining Corporation (GWMO) announced assay results from a reconnaissance sampling programme targeting tungsten mineralisation at and around the Pine Crow and Defender tungsten workings where it has recently expanded its acreage. GWMO said “It is still early days, but these initial results generated by our exploration team are extremely encouraging and a strong case can be made for establishing a single body of mineralisation joining Pine Crow and Defender across a 1.2 km tract.”
Comment: GWMO has not exactly been feeling or getting the love from the market in the recent past. However, today’s announcement reminds us that it is making progress and well geared towards positive developments.
Vast Resources (VAST), the AIM-listed mining company, announced that it has raised gross proceeds of £2,712,000 at 0.35p. The Placing, which will close in two tranches as set out below, was undertaken by the Company’s joint broker, Axis Capital Markets Ltd. The net cash raised from the Fundraise will be used for the primary beneficiation of the diamond parcels, which is expected to significantly enhance their value; providing financial support for the Company’s new technical team to commence working on the current projects accelerate implementation of the comprehensive technical review announced on 12 June 2025; and for general working capital.
Comment: A few weeks ago I was asked by a leading bear what I thought of the VAST share price. My view was that barring a placing it would continue to rise. Of course, with a bit of a delay there has been a placing, and my bearish friend will I am sure be delighted.
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.
