Suspended stocks who are late in publishing accounts include: Belluscura, Caspian Sunrise, ADM Energy, Woodbois, Celadon, SEEEN, Savannah Energy, Metir, Kinovo. Marula.
Comment: In this day and age, not to have accounts published on time seems ridiculous, whether due to auditors, accountants, red tape or whatever. The system is broken, just the way those in charge of it want it to be .
The Smarter Web Company (AQUIS: SWC), a London listed technology company, announced the purchase of additional Bitcoin as part of “The 10 Year Plan” which includes an ongoing treasury policy of acquiring Bitcoin. Details are as follows: Number of Bitcoin Purchased: 230.05 Bitcoin. Average Purchase Price: £78,103 per Bitcoin ($107,126 per Bitcoin). Amount Purchased: £17,967,595. Total Bitcoin Holdings: 773.58 Bitcoin. Approximate net cash in treasury available to be deployed into Bitcoin: £38,000,000.
Comment: Everyone’s favourite Bitcoin Treasury Strategy (BTS) companies keeps on doing what it is supposed to be doing, and with £38m in the bank has plenty of cash to buy more BTC. The shares looked to have stabilised towards 200p.
Hot Rocks (AQSE:HRIP) announced that it has agreed to subscribe for £100,000 of new ordinary shares in the conditional £10,000,000 financing for Cel AI plc (“CLAI”) as announced on 30 June 2025. The new ordinary shares are due to be issued at 0.2p per share with net proceeds to be utilised to fund ongoing company operations and acquisition of bitcoin. HRIP said it “has resolved that it shall gain such exposure to the fast-moving sector via investments into companies operating in that space. At present it is not intended that the Company will acquire bitcoin directly though this will be kept under review in light of regulatory developments and potential future changes.”
Comment: BTS is in itself a geared play on the price of BTC, while HRIP is going one step further in investing in the companies in the space – an even more high octane strategy than BTS itself.
Eurasia Mining (EUA), the mining company, announced its audited financial results and operational summary for the year ending 31 December 2024. EUA said “The past 12 months also saw the Company secure its future outside of Russia, with a financing of approximately $4 million completed in March 2025. This provides financing for Eurasia for at least 24 months without further use of the trade finance facility entered into in September 2024. In parallel, the Company initiated actions to achieve the secondary listing in Astana, Kazakhstan, to improve the marketability of our shares. This is being realised at the time of writing.”
Comment: The Astana angle gives EUA breathing space while the Russia / Ukraine conflict lasts, as well as a safe haven that can also be used to raise further funds if required. All of this means that the company can focus on maximising the value of the portfolio, particularly in the wake of recent metals price rises.
GenIP (GNIP), a technology business providing Generative Artificial Intelligence (GenAI) services to help research organisations and corporations commercialise their innovations, announced that it has broken into the UK academic technology transfer market by securing its first contracts with leading UK-based research institutions. GNIP said “Securing our first UK academic clients is a significant milestone for GenIP and a clear signal of growing demand for our AI-powered technology analytics platform. We’re proud to support leading research institutions that are actively investing in commercialising their innovation pipeline.”
Comment: Shares of GNIP have already been on the front foot, as the market has successfully anticipated the company being able to successfully market its offering at a time when it is highly sought after.
Westminster Group (WSG), a leading supplier of managed services and technology-based security solutions worldwide, announced it has secured a new contract, valued at over £220,000, for a state-of-the-art personnel screening solution for a leading global science and chemicals company to secure one of their critical sites in the UK. WSG said “Following our announcement of two technology contract awards, valued at circa £680,000 on 30 June 2025, I am pleased to be able to announce our Technology Division has secured another important contract award for a new global customer.”
Comment: Momentum appears to be gathering as far as WSG’s contract wins, something which should quite logically feed through to the share price, which continues to be lagging in terms of the pace of events.
Tooru (TOO), a company focused on the health and wellness sector, notes the publication by S-Ventures plc of its audited results for the 12 months to 31 December 2024. TOO said “”We are pleased that the operating businesses recently acquired from S-Ventures have continued to perform well in their last financial year and these businesses clearly represent an attractive acquisition for Tooru.”
Comment: TOO is happily introducing the concept of a company with multiple real scalable businesses, a far cry from the obsession with BTS stocks the market is still obsessing on.
Avacta Group (AVCT), a life sciences company developing innovative, targeted oncology drugs, today announced the appointment of David Liebowitz, M.D., Ph.D. as Chief Medical Officer (CMO) and Yulii Bogatyrenko as an advisor in business development. Dr. Liebowitz will lead the Company’s clinical strategy and execution as it continues to advance its pipeline of targeted cancer therapies and Mr. Bogatyrenko will add additional strength to the Group’s business development strategy.
Comment: Given the amount of work still to be done in its oncology suite, and the proximity of the share price to year lows, even appointing Dr Alexander Fleming, Marie Curie and Stephen Hawking would not necessarily get the company over the line.
Adriatic Metals (ADT1) announced that it has achieved commercial production at its Vareš Silver Operation in Bosnia and Herzegovina. Commercial production has been declared based on maintaining plant throughput levels of 75% over 14 days, including 80% over 7 days, and reaching 2,000tpd (90%) in late June.
Comment: Given the latest news regarding production, it is not surprising that a company of ADT1’s pedigree recently attracted a bid. It would have been interesting to have seen how the company would have progressed as an independent in this light.
Xtract Resources (XTR) provided an exploration update on the Silverking Project located in the Mumbwa District of the Central Province of Zambia where the Phase 1 drill programme focussed on the Main Body and its immediate extensions has been completed. Silverking is subject to an option and joint venture agreement (“Joint Venture”) with Oval Mining Limited, enabling Xtract to earn-in up to a 70% interest in the Silverking copper mine and accompanying exploration licence located in the Mumbwa District of the Central Province of Zambia.
Comment: XTR has quite understandably excited about the Silverking Project, one that could prove to be a company maker, especially given the current modest share price under a penny.
Predator Oil & Gas Holdings (PRD), the Jersey-based Oil and Gas Company with near-term hydrocarbon operations and production activities focussed on Morocco and Trinidad, provided an update on its acquisition of the Challenger Energy Group’s (“CEG”) entire operations in Trinidad and Tobago. PRD said “Over the last two months we have been carrying out an internal technical and commercial re-assessment of the Company’s diverse portfolio of assets in Morocco and Trinidad. This has taken into account prevailing uncertainty in terms of equity market volatility, crude oil price fluctuations and unstable foreign exchange markets. All of these factors combine to under-value early stage oil and gas exploration, appraisal and development.”
Comment: PRD continues to make more operational progress than its “treat ‘em mean, keep ‘em keen approach to market communications. Hopefully, one day soon the powers that be at the company will become slightly less grumpy.
Great Western Mining Corporation (GWMO), which is exploring multiple precious and base metal prospects in Mineral County, Nevada, is pleased to announce the results of surface sampling at West Huntoon during spring 2025. GWMO said “These new results significantly expand the known footprint of mineralisation at West Huntoon, both within the Crowne Pointe granite area and in the surrounding host rocks.”
Comment: Given the lowly share price of late, one would hope that the latest news from GWMO might move the dial in terms of the market cap, as well as stock market appreciation.
SIX announced the successful closing of its acquisition of Aquis Exchange (AQX), a leading European challenger exchange. With this strategic acquisition, SIX is evolving into a truly pan-European exchange innovator at scale, with an aggregated market share of 15% and access to 16 capital markets across Europe. This positions SIX as the only exchange group providing listing venues in all major European financial centers, including Switzerland, the EU, and the UK.
Comment: It is rather ironic that after more incarnations than Doctor Who over the years, the Aquis Exchange has become the hottest market in town via Bitcoin Treasury Strategy stocks, AFTER agreeing to being taken over, albeit at a top dollar price.
Anemoi (AMOI) announce that it has now invested approximately 40% (up from the previously announced 30%) of its cash reserves in Bitcoin. The latest treasury investment is into an ETF (ticker: BTGD) that provides simultaneous exposure to both Bitcoin and gold. For every dollar invested, the fund delivers $1 of exposure to Bitcoin and $1 to gold, effectively offering 200% notional exposure through the use of leverage.
Comment: The winners and losers of the Bitcoin Treasury Strategy brigade going forward will be sorted out by how well they leverage their strategy. In the case of AMOI going for an ETF seems a reasonable point of differentiation.
Mkango Resources (MKA) announced today that it, its wholly owned subsidiary, Lancaster Exploration Limited and certain other wholly-owned subsidiaries of Mkango (together with Lancaster), have agreed to extend the exclusivity period associated with a non-binding letter of intent (“LOI”) to enter into a definitive business combination agreement with Crown PropTech Acquisitions.
Comment: MKA shares are now at an inflection point, as the balance between the progress already announced is balanced with those looking to take some cash off the table.
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.
