Hot Rocks Investments (AQSE:HRIP) has agreed to acquire 100,000 warrants over new ordinary shares of The Smarter Web Company plc (SWC) for £1 per warrant. These give the right, subsequent to 12 months of admission of SWC to trading on AQUIS and for a further 2 years, to subscribe for new ordinary shares in the Smarter Web Company at 2.5p per warrant.
The purchase is being made from Company treasury resources. This company is an AQUIS-traded UK-based web design agency – with a “10 year plan” incorporating a digital assets treasury policy including bitcoin to support exciting longer term business value. SWC trades under the ticker SWC on Aquis and under the ticker TSWCF on the OTCQB Venture Market in the United States.
Comment: HRIP has emerged from the shadows with one of the hottest investments around in terms of exposure to Smarter Web. Indeed, with the other equally canny investments the company is holding, one would expect it to follow in the footsteps of fellow Aquis tech stock risers such as Coinsilium and Helium Ventures,
The Smarter Web Company (AQUIS: SWC), a London listed technology company, announced the signing of a Subscription Agreement for 21 million new Ordinary Shares. SWC said “The Smarter Web Company, founded in 2009 by Andrew Webley, helps businesses of all sizes enhance their online presence and return on digital investment. Its core services include web design, development and digital marketing.” The company also announced the purchase of an additional 104.28 Bitcoin as part of “The 10 Year Plan”:
Comment: Now that SWC’s shares have moved up from 2.5p to over 400p in the past few weeks, it may be said that the company has done rather well in terms of enhancing its own “online presence.” The bears must be hurting just a tad and continuing to say how much Bitcoin Treasury is a bubble…
Helium Ventures (AQSE:HEV) announced that at its general meeting held earlier today, all resolutions were duly passed including resolutions to (1) approve the establishment of a bitcoin treasury, (2) the issue of new Ordinary Shares and (3) to change the Company’s name to VaultZ Capital plc. Fundraise, Creditor Settlement, Consultancy Shares. In aggregate the Company has issued 59,445,650 new Ordinary Shares pursuant to the Conditional Subscription, Creditor Settlement, Consultancy Shares and NewQube Shares.
Comment: “The bears must be hurting just a tad and continuing to say how much Bitcoin Treasury is a bubble…”
Avacta Therapeutics (AVCT), a life sciences company developing innovative, targeted oncology drugs, today announced a new partial response observed in a patient with salivary gland cancer (SGC) in the dose expansion phase of the FAP-Dox (AVA6000) Phase 1b trial. This further signal of antitumor activity in this disease setting is encouraging as the expansion cohort continues to enroll in the indication of salivary gland cancer.
Comment: Despite recent relatively positive news from the company, including at the board level, shares of AVCT still appear to be struggling at the lower levels. More results like today’s would appear to be in order to change market sentiment.
Tooru (TOO) announced its audited final results for the year ended 31 December 2024. TOO said “an opportunity was identified to acquire the business assets of S-Ventures plc on attractive terms. The proposed acquisition of the business assets of S-Ventures, which operates in the health and wellness sector, would enable RGO to become an operating business with attractive potential for growth and the creation of shareholder value.
Comment: Once the dust settles on the TOO / RGO deal, we can expect the market to appreciate the strategy, and for this to feed into the share price. After all, the stock market still appreciates companies with real businesses.
Panther Metals (PALM), the exploration company focused on mineral projects in Canada, announced it has agreed a collaboration with London AIM market listed Fulcrum Metals (FMET) to investigate the potential commercialisation of the historical mine processing tailings storage facility located on the Winston Project in Ontario, Canada. Fulcrum is a company focussed on the pioneering the use of innovative technology to recover precious metals from mine tailings at their Teck-Hughes Gold Tailings Project, in Ontario, Canada.
Comment: It is perhaps fitting that in the wake of the recent win that PALM has had, it is moving to help FMET, a company which has perhaps not had the love it has deserved, especially in the wake of its tailings pivot.
Harvest Minerals (HMI) the AIM listed fertiliser producer, provides an update on the latest REE exploration activities at its 100% owned Arapuá Project in Brazil. Exploration work to date has been conducted in consultation with PVW Resources Limited, through the cooperation agreement previously announced. A further 36 historical samples were selected in consultation with PVW and sent for analysis. Encouraging average TREO concentrations ranging from 2,110.53 to 2,656.99 ppm.
Comment: Recent weeks have seen a decent rebound in the shares of HMI, something which the latest news from the company should underpin well.
Afentra (AET), the upstream oil and gas company focused on acquiring mature production and development assets in Africa, announced that its wholly-owned subsidiary, Afentra (Angola) Ltd, has agreed to jointly acquire, alongside Etablissements Maurel & Prom S.A., Etu Energias S.A. 10% interest in Blocks 3/05 and 13.33% interest in Block 3/05A, offshore Angola. Afentra (Angola) Ltd has signed a SPA with Etu for its 50% share of the acquisition which is subject to customary conditions including government approval.
Comment: The past couple of months have witnessed a decent rebound in shares of AET, with the latest SPA likely to accelerate this positive momentum.
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.
