By Friday, the AIM All-Share index had risen a modest 0.03%, continuing its trend of lagging behind the more prominent FTSE 100 index over the past week.
London’s blue-chip stocks, which have consistently reached new record highs amid investors navigating news related to US President Donald Trump’s re-election, increased by 0.37% by the end of the week. Meanwhile, mid-cap stocks presented a mixed performance. The FTSE 350 climbed 0.37%, whereas the FTSE 250 hovered just below that level as the weekend drew near.
Engage XR Holdings PLC (EXR) strategically mentioned Meta Platforms Inc in announcing a partnership focused on its innovative education technology, leading to substantial gains this week. The share price surged by 180% to reach 1.925p, marking its highest level in nine months spurred by the Wednesday launch of its comprehensive package that combines artificial intelligence and virtual reality.
One of the top performers this week is GENinCode (GENI). The company announced that its heart disease risk assessment product, CARDIO inCode, has been included in the US 2025 Clinical Lab Fee Schedule, allowing for reimbursement through Medicare and Medicaid. The product is priced between $450 and $570 and is also being used to prevent heart disease in Catalonia. As a result of these developments, GENinCode’s share price surged by 122.7% to 7.125p.
Pantheon Resources (PANR), an oil and gas explorer focused on Alaska, announced on Wednesday that it expects a resource upgrade in the Ahpun Eastern Topset area. The company plans to conduct at least four well tests on Megrez-1, commencing in the first quarter and slated for completion by the end of June. These tests could potentially increase resources by up to 50% in the four reservoirs, which were previously estimated at 609 million barrels of oil (mmbbls) before drilling. Additionally, an executive order approving the gas pipeline ensures that the necessary infrastructure will be in place. Following the announcement, Pantheon’s share price rose by 28.8% to 50.5p.
Midweek, Greatland Gold (GGP) announced that its processing plant input is exceeding expectations, achieving gold production of 30,000 ounces and copper production of 1,189 tonnes—both figures surpassing forecasts. The miner announced that dual-train processing operations resumed on December 4, the first day of completion, resulting in the processing of 1,466 kilotonnes (kt) of ore by December 31, 2024.
Additionally, 539,000 tonnes of ore were extracted from the West Dome open pit and 95,000 tonnes from underground operations. The run-of-mine stockpiles totaled 10.9 million tonnes (Mt), containing 247,000 ounces of gold and 7.6 kilotonnes (kt) of copper. The company reported having A$145 million in cash at the end of 2024. Guidance for 2025 is expected to be released in April. Following the update, the share price increased by 9.92% to 6.65p.
Mindflair (MFAI) investee fund, Sure Valley Ventures, has made a £1.5 million investment in Vizgard, an AI company specializing in distributed solutions for defense and public safety applications. Additionally, another portfolio company, Infinite Reality, is in the process of establishing a marketplace for shares on the Nasdaq Private Market. Following these developments, Mindflair’s share price surged by 64.7%, reaching 1.4p.
Another company sharing positive news this week is Nostra Terra Oil & Gas (NTOG). The company is averaging a total production of 120 barrels of oil per day net, achieving cash flow positive status. Specifically, production at Pine Mills in Texas has averaged over 80 barrels of oil per day. The Phase 2 workover program began at the end of 2024, with the first well commencing production on January 20. Additionally, Bono Energy has doubled its stake to 3.38%. Following these developments, Nostra Terra’s share price rose by 11.1% to 0.035p.
FALLERS
On Monday, shares of AI technology services provider Pri0r1ty Intelligence (PR1) continued to decline following its listing on AIM at the end of 2024. The company conducted a fundraising round to reverse its business into the previously listed shell company, Alteration Earth, at a price of 13.5p per share. Rupert Labrum, one of the original shareholders in Alteration Earth, reduced his ownership stake from 3.4% to 2.34%. As a result of these developments, the share price decreased by 6.25% to 7.5p.
Quantum Blockchain Technologies (QBT) has successfully raised £2 million by issuing shares at 1.15p each to invest in its Bitcoin mining technology. Last week, the company announced a significant breakthrough with its Bitcoin Artificial Intelligence mining tool. The new Method C AI Oracle delivers a 30% performance improvement compared to existing methods. QBT is currently seeking a chip manufacturing partner to develop a commercial version of the product. Although the share price has declined by 25.4% to 1.175p, it remains 62% higher over the past week.
Quadrise (QED) has successfully raised £4.5 million through a placing at 3p per share. Additionally, a retail offer may generate up to £1 million more, with the potential for further increases. The funds secured are expected to sustain the company’s operations well into 2026. Quadrise is leveraging the recent rise in its share price driven by new contract announcements. However, despite these efforts, the share price has fallen by 34.7% to 3.8p.
Premier African Minerals (PREM) has secured £540,000 through a share issuance at 0.02p per share. This interim funding comes after the company decided not to proceed with the previous fundraising effort priced at 0.0275p per share, as the retail offer did not achieve the target of raising £3.5 million. Needing additional capital, Premier African Minerals is currently in discussions with its offtake partner. As a result of these developments, the share price fell by 16% to 0.021p.
