Talisman (OVB) announced it has signed an agreement to acquire the Tirzzit Copper Project from a wholly-owned subsidiary of Aya Silver & Gold Inc. (TSX: AYA; OTCQX: AYASF), the Company’s 4.7% shareholder. The Project consists of two mining licenses covering a surface area of 16.5km2 within the Agadir regional mining department, Kingdom of Morocco, and located 225km east of the city of Agadir, Morocco.
Tirzzit is located 85km north-east of the Company’s existing Tizert Project. Talisman’s CEO, Tim McCutcheon, said: “The acquisition of Tirzzit builds out our project pipeline with a more advanced target, which has great upside potential based on the results of historical exploration work. Talisman’s ability to acquire this project on very favourable terms is a testament to the corporate development work the team has done, and its collaboration with Aya to take on earlier-stage copper projects that are a better fit for Talisman than for our multi-billion-dollar market cap peer. Over the coming months, we will take the existing data to determine our development plan and update shareholders accordingly.”
Comment: Anyone listening to the recent Zaks Traders Café interview with the company will have known that it was a company intent on going places fast, and take advantage of both of its investor friendly valuation, as well as the attractive prospects for the portfolio in Morocco. The CEO is clearly intent on hitting the ground running.
Tiger Alpha (TAO) announced the deregistration and value realisation of the Company’s Tiger Beta subnet investment within the Bittensor network. In June 2025, the Company acquired for $25,000 (60 TAO) its second dedicated subnet but given the return and the current crypto market, the subnet has now been degistered by the operators of the Bittensor network. Deregistration is the process whereby if a subnet is removed, all alpha tokens are converted back to TAO, the native cryptocurrency of the Bittensor network, and given to the owners of the subnet. As a result of this process, the Company has received approximately 679 TAO valued at approximately $183 per TAO or $124,257 based upon Bittensor taostats.
Comment: If anyone actually knows what any of this means, kindly send your answers on a postcard. Those taostats are clearly very important, and we would all be lost without them.
Rome Resources plc (RMR), the DRC-focused tin and copper explorer, provided an update on its drilling operations at its Kalayi prospect at the Bisie North project in the Democratic Republic of Congo, located approximately 8 km from the world-class Alphamin Mpama tin mine complex. The current drilling programme at Kalayi follows the Company’s maiden Mineral Resource Estimate (“MRE”) and is specifically designed to test the continuation of high-grade tin mineralisation at depth beneath the existing resource. As of 15th February 2026, a total of 1,602 metres of core drilling has taken place on Kalayi during this current drilling campaign. Recent drilling has confirmed the persistence of high-grade tin mineralisation at depth below the maiden MRE, with multiple significant multi-metre high-grade intervals intersected.
Comment: Shares of RMR have stalled for the longest time as the market, rather unfairly, wants to see the mother lode of resource for the company before marking the shares higher. But remember there was recent director buying near the lows, and we are fast approaching the pivotal 0.3p share price zone, above which one would regard RMR as being on its way.
SkinBioTherapeutics plc, (SBTX), the life science business focused on skin health, received information late on Friday 13 February 2026 that has informed its ongoing investigation into the conduct of the former CEO. Over recent days, the Board has been urgently conducting an investigation of the business, following initial concerns over matters of conduct by the former CEO, who was first suspended and who has since resigned. In addition to the initial concerns around his conduct, in light of the newly available information, the Board has reason to believe that the former CEO has misrepresented material information to the Board and senior management, the Company’s auditors and advisors. The former CEO was informed of these allegations on Sunday 15 February 2026 and the Board Investigation is continuing. The Company has reported the Board’s findings so far to the Company’s auditors.
Comment: What can be said as a general rule is that anyone even contemplating anything untoward at a listed public company has as much chance of going unnoticed as running naked across Westminster bridge. There are simply too many checks and balances, and too many rules and regulations. If there has been something to investigate here it is either as a result of foolishness or ignorance.
Pinewood.AI (PINE) noted the announcement made on 13 February 2026 by Apax stating that, in light of prevailing challenging market conditions, it does not intend to make an offer for the Company. As a result, Apax is bound by the restrictions set out in Rule 2.8 of the Takeover Code. Pinewood.AI remains very confident in the positive long-term prospects for the Group.
Comment: While the shares have collapsed this morning on the news, if a company is good enough to be a contender as far as Apax Partners is concerned, one has to consider that it is a decent prospect. Buying the dip could be a strategy for some brave souls.
Valereum Plc (AQSE: VLRM), a company aiming to become the global market leader in the rapidly developing tokenised digital markets sector, announced that it has entered into a Memorandum of Understanding with Integra Foundation, establishing a framework to collaborate on real-world asset. tokenisation, institutional distribution, and secondary trading, with an initial focus on real estate. The planned collaboration intends to combine the Company’s ecosystem, including VLRM Markets, S.A. de C.V., a licensed and regulated Digital Asset Service Provider in El Salvador, and the DigiShares platform, with Integra’s blockchain infrastructure.
Comment: All of this new fangled tokenisation stuff is all very well. But it may take a while and some explanation for the company to explain to the market what all of this “ecosystem” activity means, and more importantly, how it can be monetised. Still the shares are 6x off their October lows, which is something positive to point to.
Helium One Global (HE1), the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, updated on the southern Rukwa Helium Project. HE1 said “The ESP has effectively demonstrated that we can produce over 16,000 bpd and maintain consistent levels of helium concentrations over an extended period of time whilst managing the water disposal at surface. We now need to increase our understanding of the Basement fault and fracture play, where we believe there is the potential to increase GWRs and helium concentrations. In order to do this, a further work programme will be required, and we will commence a strategic farmout process to seek an industry partner to help us deliver this.”
Comment: The complaint here at Zaks Traders Café was that HE1 had gone dark on Tanzania as if there was something to hide, therefore the update on Rukwa is much appreciated. That said, it still looks as though we are only in early stages here, and that a lot of water is yet to flow under the bridge as far as getting it over the line.
Pebble (PEB), the global software company providing specialist automation solutions for the broadcast and streaming markets, announced a new contract win, worth an initial £1.3 million over its five-year term, in support of a Tier 1, US-based streaming company. The new agreement has scope for significant further revenues as the relationship grows and extends. The contract has been secured via a US-headquartered partner, with Pebble’s specialist automation technology being implemented to support the end-customer’s expansion into live sports broadcasting. Implementation of Pebble’s technology has already started and, following completion, Pebble will be providing support and maintenance services (also known as SLAs) over the contract term. Pebble’s relationship with its global partner is well-established, with the two having worked together for many years.
Comment: PEB is another UK small cap company able to boast a success in the US. Whatever people think of the Trump administration, even the haters, it would appear that he has created an environment to do business. If it helps companies in the UK, where we are trying to destroy enterprise, so be it.
Cambridge Cognition Holdings plc (COG), the neuroscience technology company specialising in digital cognitive assessments, and Ivory, a venture-backed brain health company headquartered in India, announced an agreement for the commercialisation of CANTAB Pathway™ across the healthcare and consumer health markets in India.
Comment: Shares of COG have risen vertically since the start of the year, and with today’s announcement, the company gives the impression that 2026 will continue to be a transformative one, as its offering finally comes of age.
Prospex Energy plc (PXEN), the AIM quoted investment company focused on European gas and power projects, announced that further to its statement issued on 22 January 2026, Tarba Energía S.L. has restarted electricity generation and sales at the El Romeral gas to power plant in Andalucía, Spain. Prospex has a 100% interest in Tarba. Following the delivery and installation of the rental transformer in late January, Tarba performed a series of testing and recommissioning steps and regular electricity production has now re-started. The rental transformer will remain on contract until the delivery of the new electricity transformer, which was ordered from a supplier in Spain last November. Tarba is in dialogue with that supplier and good progress is being made on the new build.
Comment: It would appear that with its new CEO PXEN is finally in fightback / recovery mode, something which has been a long time coming. If the company can consolidate its sprawling portfolio, it could yet live up to the expectations of its very loyal shareholder base.
Pantheon Resources plc (PANR), the oil and gas company developing the Kodiak and Ahpun oil fields in close proximity to pipeline and transportation infrastructure on Alaska’s North Slope, provided the following update. The Company’s AGM will be held virtually on Thursday, 12 March 2026 at 3:00 pm GMT. The Company has formally commenced seismic reprocessing focused on the north west section of the Company’s Kodiak project, updip from the Theta West-1 discovery well. The Theta-West-1 well was previously reported by Wood Mackenzie as being the fourth largest discovery well globally in 2022, and the largest onshore discovery well globally in 2022. The Company is performing preliminary activities for a potential Theta West-2 appraisal well, with timing and execution subject to funding, permitting, and operational considerations.
Comment: It is probably just as well that the AGM is to be virtual, as one would probably not like to be a fly on the wall, or even a tarantula at an in person event, given the news and share price plunge of late. The main question is where are those billions of barrels, and how did the aftermath of the $30m fundraise at 25p feel for investors. Presumably they are not happy bunnies. Hopefully, those in at last month’s $10m raise are happier, given that at 7p is where the shares are now.
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.
