Hurry while stocks last could be the description at ValiRx (VAL), a life science company. It announced that it wishes to provide investors who did not participate in the Fundraising announced today the opportunity to invest in the Company.
Under the Placing Agreement, TPI has been granted an option in the form of a Broker Offer under which TPI will, as agent for the Company, invite subscriptions for additional new Shares with a value of up to £500,000 at the Issue Price. The Broker Offer opens immediately and will close at 5 p.m. on Monday, 16 January 2023.
LifeSafe (LIFS), a fire safety technology business, said it has been notified that on 12 January 2023, Neil Smith, Chief Executive Officer, transferred 26,700 shares to his spouse, Francesca Smith. On the same date, immediately after the transfer, Neil Smith and Francesca Smith each disposed of 25,130 ordinary shares to facilitate personal financial planning. 9,600 shares were acquired on the same date by Dominic Berger, Executive Chairman with 20,000 shares being acquired by an existing shareholder in the Company. Dominic Berger now has 4.03% of the company.
Chaarat (CGH), the AIM-quoted gold mining company, announced the resignation of Deloitte LLP as auditor and the appointment of MacIntyre Hudson LLP t/a MHA Macintyre Hudson, the UK member of Baker Tilly International, as its new auditor with immediate effect.
Physiomics (PYC), the consultancy using mathematical model, announced that Dr Christophe Chassagnole’s job title has changed from Chief Operating Officer to Chief Scientific Officer. The company said this title aligns more closely with Dr Chassagnole’s current role and responsibilities and the expectation going forward.
Bens Creek Group (BEN), the owner of a metallurgical coal mine in North America, said it has signed an amendment to its agreement with its highwall mining contractor Mega Highwall Mining LLC to confirm the provision and delivery of a second highwall miner, unit 77, by the end of this month. The amended contract with MHW continues to, under a right of first refusal clause, give the company a right but no obligation to an additional, third highwall miner from MHW should Bens Creek wish to exercise it.
Revolution Beauty Group (REVB), the mass beauty innovator, announced the completion of its independent investigation, conducted by law firm Macfarlanes LLP and forensic accountant Forensic Risk Alliance. The company said although the audit of the Group’s FY22 accounts remains ongoing, the issues identified in the investigation mean that the Board now expects a number of material adjustments to the FY22 results, in particular in relation to inventory provisioning and revenue.
Echo Energy (ECHO), the Latin American focused energy company, provided an operational update regarding its Santa Cruz Sur assets, onshore Argentina, for the quarter ended 31 December 2022. The company said this is a strong set of quarterly production results, with liquids production showing a ninth continuous quarterly increase. This production growth is a direct result of the infrastructure investments that we made under the Plan during 2022.
Ncondezi Energy (NCCL) provided an update on its 300MW solar photovoltaic and Battery Energy Storage System project Transmission Integration Study. The company said approval of the Solar Project Transmission Integration Study represents a key development milestone in de-risking the project for potential power off takers and investors. It has an approved transmission evacuation technical solution that supports the project at various sizes up to 300MW, optimised in phases to reduce upfront capex, particularly for the first 100MW.
Premier Miton Group (PMI) provided an update on its unaudited statement of Assets under Management for the first quarter of its current financial year. The company said the Group’s AuM ended the Quarter at £11.1 billion, an increase of 5% on the opening position for the year. It is encouraged by this performance given the challenging landscape for the wider sector.
Belluscura (BELL), a medical device developer, provided a trading update for the year ended 31 December 2022. The company said it was very excited about the upcoming launch of the DISCOV-R, which it believes will be a transformational product.
Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.
