It would appear that online threat hunter Brandshield Systems (BRSD) (and Vela) have been sitting on an asset/nest egg, where things are starting to move.
Brandshield said it notes the announcement made by Boanerges Limited in relation to its intention to post a circular to its shareholders. The circular will contain resolutions to be considered by Boanerges shareholders in a general meeting to be held on 18 November 2021, which include approval to acquire the business, assets and name of WeShop Limited, pursuant to an asset purchase agreement with WeShop Limited. This will also require approval of WeShop Limited’s shareholders. BrandShield currently holds 508,809 shares in WeShop, which is 10.5% of the company. Vela (VELA) holds 71,429 shares in WeShop, representing 1.47% of WeShop’s share capital. WeShop is a digital social network platform with plans to become a leader in the social e-commerce sector.
@BrandShieldltd Evening for investors #BRSD on Tuesday 2 November 5pm – 6.30pm. The event is to be held at the Carlton Club, #London Please contact @ZaksTradersCafe on Twitter or email 📧[email protected] 📧 for further details. https://t.co/INcHVxprFl pic.twitter.com/stdfPTxTtm
— Share_Talk ™ (@Share_Talk) October 21, 2021
Shares of Nuformix (NFX) were up over 20% to 1.42p. Last month the pharmaceutical development company announced that Dr Alastair Riddell, the Non Executive Chair, purchased 350,000 shares at 1.35p. In July it was announced that CEO Dr Anne Brindley was departing, and October to date has seen a recovery in the stock.
There was another active Non-Executive Chairman buying stock, this time from podcast specialist Audioboom (BOOM). On 19 October 2021, Michael Tobin bought 140 shares at 1,030p. He now holds 315,700 shares, or 2.0 per cent of BOOM.
We have been treated to two RNSs in two days from Xtract Resources (XTR), as the company continues is journey to the goal of 2m tonnes of contained copper. Xtract said that independent laboratory assays have been received from the third drill hole (BRDD-21-009) completed on the Phase 2 diamond drilling programme at the Racecourse Mineral Resource on the Bushranger copper-gold exploration project.
Drill hole BRDD-21-009 returned a very wide intersection of 448m @ 0.30% CuEq from a depth of 272m. The company said that the results from drill hole BRDD-21-009 indicate that the mineralisation intersected in hole BRDD-21-007 increases in width at depth, while the higher-grade intervals correlate extremely well from hole BRDD-21-007 to hole BRDD-21-009, indicating good continuity of the higher-grade copper zones.
The ongoing updates from independent oil and gas company San Leon Energy (SLE) continue. It notes the announcement made today by Decklar Resources Inc. in Canada. San Leon has entered into a conditional subscription agreement with Decklar Petroleum Limited which entitles San Leon to purchase $7,500,000 of 10% unsecured subordinated loan notes of Decklar Petroleum and 15% of the enlarged share capital of Decklar Petroleum. In addition, Decklar Petroleum and San Leon have entered into an option agreement which entitles San Leon to purchase an additional $7,500,000 of loan notes and further Decklar Petroleum shares representing an additional 15% of the enlarged share capital of Decklar Petroleum. This transaction is still awaiting final conditions to complete.
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