It would appear that it is take two as far as Hydrogen Utopia International (HUI)’s move to the standard list of the LSE. The company specialising in turning waste plastic into hydrogen confirmed that its Supplementary Prospectus in respect of the anticipated listing of its shares to trading on the standard segment of the Official List of the FCA and to trading on the main market of the LSE has been approved by the FCA and published by the company.
Admission will become effective and that dealings in the company’s shares will commence at 08:00 am on 9 January 2023. On admission, the company will have 384m shares in issue, with a market capitalisation of £62.8m. Hopefully, whoever attempted to throw a spanner in the works the first time, as far as the company’s move to the LSE, will now forever hold their peace.
CleanTech Lithium (CTL), an exploration and development company in Chile, announced the results of a recently completed Scoping Study for the Laguna Verde Project, which confirmed the project’s outstanding economics and ESG credentials. The company said the Scoping Study provides added confidence in the robust economics of the Laguna Verde project; based on low operating and capital costs, with a post-tax NPV of $1.83 billion and IRR of 45.1%, and a payback period of 1 year and 8 months. The study further advances the process and technical design concept for the project, with strong ESG principles incorporated at each step.
Live Company (LVCG) announced an operational update on its four business Divisions as well as a general corporate update. The company said whilst the foundation for successful revenue generation from the groups diverse Divisional offering, 2022 continued to be challenging as the negative impact on live events from Covid were still being felt, despite the attempts to diversify and the acquisition of the remaining share capital of StART and the commitment of investment from the Republic of Korea, the Group will deliver a loss during 2022.
ANGLE (AGL), a liquid biopsy company, provided a review of business progress, an unaudited trading update for 2022 and prospects for 2023. The company said It has been a breakthrough year for ANGLE, with both FDA clearance and excellent results from the ovarian cancer study. Whilst it has not yet seen the expected acceleration in revenue, the pipeline of opportunities is growing strongly and it is encouraged by the level of engagement with pharma companies.
REACT Group (REAT), the specialist cleaning company, announced it has been awarded a multi-year contract to perform deep cleaning across c.350 mainland UK locations for a high-street fast-food chain. The company said this contract award highlights the value of the Group’s ability to deploy consistently high standards of specialist cleaning across multiple sites in the UK.
Great Western Mining (GWMO), which is exploring in Mineral County, Nevada, provided an update on its operations and outlines its plans for 2023. The company said it has made great strides over the last year and looks forward to building on this momentum in 2023. It expects to commission the processing mill in the first half of 2023 and has an ambitious programme of exploration to follow up on successful drilling results achieved over the last two years.
Molecular Energies PLC (MEN), the international energy company announces the formation of Dual Fuel Limited a new joint venture for its Green House Capital division. The company said hydrogen for heavy commercial transport is an essential component in the decarbonisation of heavy transport where current electric vehicles are not appropriate for heavy loads and distances. The cost of electricity can be high and charging points are at a premium for long distance travel outside of urban and built-up environments.
Streaks (STK), a UK-based provider of conversational gaming, announce that its shares have been admitted to the Standard Segment of the Official List and to trading on the Main Market of the LSE, following a successful placing to raise £3m.First dealings in the shares are due to commence at 8am today making Streaks the first conversational gaming provider to join the London stock market. A total of 100m shares (representing 26.4% of the Company’s issued share capital on Admission) were placed at 3p, valuing Streaks at £11.3 million.
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