Gunsynd (GUN) announced a positive operational update from investee company Charger Metals NL, an ASX listed Australian lithium and base metals exploration company.
GUN said the Bynoe project has the potential to unlock enormous value via the maiden drill programme that has been until now held up via regulatory heritage approval process. Charger has two large priority targets in Megabucks and 7-up zones that will be explored via this drilling campaign over the current quarter.
Gfinity (GFIN), an esports and gaming solutions provider, announces it has extended its long running partnership with Red Bull and entered into a commercial agreement as the production partner for the third edition of Red Bull Home Ground. The Valorant Invitational event will be held at Victoria Warehouse in Manchester, on December 9-11, 2022.
musicMagpie (MMAG), a specialist in refurbished consumer technology in both the UK and US, is announce that the roll-out of its SMARTDrop Kiosks in Asda stores has successfully completed on plan. There are now kiosks in 290 Asda stores across the UK, meaning that 90% of the UK’s population live within a 15-minute drive of one. So far, over £7m has been paid out to customers using the kiosks.
Online Blockchain (OBC), said that since September 2021, the number of bridging transactions recorded on Umbria Network’s cross-chain bridge have increased by a factor of 10. Narni – a capital-efficient, multi-chain asset bridge enables users to move tokens (bridge) between Ethereum and numerous other blockchains extremely cheaply and quickly.
Empyrean Energy (EME) and Coro (CORO) advised that the Indonesian Ministry of Energy and Mineral Resources has now approved the updated Plan of Development for the Mako Gas Project within the Duyung PSC.
Goldplat (GDP), the AIM listed Mining Services Group, announced an operational update for Q1. The company said it has made in achieving key strategic deliverables, generating continued profitability from the processing of previously mined gold and PGM materials, increased visibility of future earnings through increasing resources and forming strategic relationships with other key industry participants, finding a final deposition site and processing plant for our existing TSF and getting approval for the construction of a new TSF.
Cobra (COBR), a gold, rare earth and IOCG exploration company, provided an update on drilling progress at the Clarke prospect, which is being informed by encouraging geophysics obtained from the South Australian Advanced Discovery Initiative co-funded Loupe TEM survey. The company said the results of this programme will be the finishing piece of this exploration phase which has yielded exceptional results over the last two years.
Cornish Metals (CUSN), which is focused on the South Crofty tin project, provided an update. The company said it is “wonderful” to see the level of activity underway at South Crofty, as it progresses through the construction of the Water Treatment Plant, and undertakes a metallurgical sample drill programme.
Avacta Group (AVCT), a clinical stage biopharmaceutical company, announced on 18 October 2022 the details of a proposed Open Offer to raise gross proceeds of up to approximately £2.0 million at 95p. The company said valid applications representing approximately 772% of the Open Offer have been received.
Predator Oil & Gas Holdings (PRD), the Jersey based Oil and Gas Company, provided an update on progress towards finalising its drilling operation to enable the MOU-2 well to commence drilling. Currently it is estimated that the well will commence drilling within the first two weeks of December.
Alkemy Capital (ALK) announced that its wholly owned subsidiary Tees Valley Lithium Ltd has appointed international engineering firm Wave International as its Lead Engineering and Technical Partner for the development of its Teesside lithium hydroxide processing facility in NE England.
Egdon Resources (EDR), a UK-based exploration and production company, announced its preliminary results for the year ended 31 July 2022. The company said the highlight has been the outstanding performance of the Wressle oil field which along with production from existing fields and high oil and gas prices has resulted in a strong financial performance. Despite the reintroduction of the moratorium on shale-gas by the Sunak led government, it will continue to make the case for the strategic importance that shale-gas could make to the UK’s economy and security of supply. The RNS was noted by Union Jack (UJO).
Zephyr Energy (ZPHR), the Rocky Mountain oil and gas company, announced the signing of a rig contract with CWC Ironhand Drilling for its Ironhand Rig 118 to be used to drill the Company’s State 36-2 LNW-CC well, the first of three wells designed to further delineate Zephyr’s acreage position on its project in the Paradox Basin, Utah, U.S. Rig 118 will mobilise to site over the coming days.
PYX Resources (PYX), the zircon producer, provided an operational update for the nine months ended 30 September 2022. The company said it continues to fast-track PYX’s aggressive expansion strategy to cement its position as a key international supplier of premium zircon and take advantage of the strong mineral sands market.
ZOO Digital (ZOO), a provider of digital media services, announced its unaudited financial results for the six months ended 30 September 2022. The company said in H1 FY23, ZOO has continued its rapid progress following a strong year in FY22. A near doubling of revenue, record profits and good cash conversion in H1 FY23 have combined to deliver a very successful period and the Board has continued to invest in capacity which should support future profitable growth.
Poolbeg Pharma (POLB), a clinical stage infectious disease pharmaceutical company, announced that it has made a significant breakthrough in its Artificial Intelligence Programme with partner OneThree Biotech, Inc. through the discovery of novel drug targets for the treatment of Respiratory Syncytial Virus. The company said this is the first time that AI has been used to identify disease targets in RSV and it is delighted to have reached this significant milestone in the programme in such a short period of time.
Tertiary Minerals (TYM), the AIM traded mineral exploration and development company, announced provisional results from its detailed soil sampling programme at the Jacks Copper Project in Zambia and the definition of multiple copper soil anomalies in different areas of the Exploration Licence. The company said it was delighted with the results obtained to date which have defined multiple soil anomalies.
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