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Pin to quick picksAnglo Asian Share News (AAZ)

Share Price Information for Anglo Asian (AAZ)

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Share Price: 72.00
Bid: 70.00
Ask: 74.00
Change: 2.00 (2.86%)
Spread: 4.00 (5.714%)
Open: 70.00
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Low: 70.00
Prev. Close: 70.00
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TRADING UPDATES: Anglo Asian to restart Gedabek operations on approval

Tue, 26th Sep 2023 21:47

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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Anglo Asian Mining PLC - Copper, gold and silver producer focused on Azerbaijan - Says the final Micon report was delivered on Tuesday to the company and the Government of Azerbaijan. Following the receipt of the report, the Prime Minister of Azerbaijan issued a press release saying that based on the report, the Gedabek plant can gradually restart operations. The restart of operations will take place in accordance with a timetable to be agreed with the Government. Anglo Asian and the government will also work together to implement Micon's recommendations for the Gedabek operation contained in the report.

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BSF Enterprise PLC - London-based biotechnology investor - Confirms allotment of 364,739 ordinary shares, constituting the 264,739 second tranche shares and the 100,000 financial PR shares, conditional to trading on the London Stock Exchange's Main Market at an issue price of 17 pence per share. Expects that admission will become effective on Wednesday.

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Power Metal Resources PLC - Metals exploration company focused on North America, Africa, and Australia - Hails escalation of high priority uranium target, based on a remote sensing study at its Badger Lake uranium project located in the Athabasca Basin, Saskatchewan, Canada. Says analysis finds distinct similarities between Badger Lake and the Arrow Deposit, owned and operated by Nexgen Energy Ltd. Plans to expedite the planned high-resolution electromagnetic UAV survey over Badger Lake, and reemphasises that the target at Badger Lake is an "extremely attractive exploration target". Chief Executive Officer Sean Wade says: "These findings could not come at a better time for shareholders and serve to highlight the huge potential value inherent in our uranium portfolio and in the Power Metal business model more generally."

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Ediston Property Investment Co PLC - London-based real estate investment trust focused on UK commercial property - Says shareholders have approved the sale of EPIC Group's property portfolio to RI UK 1 Ltd, a wholly owned subsidiary of Realty Income, for GBP200.8 million. This is prior to agreed deductions of approximately GBP4.0 million.

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Amte Power PLC - London-based lithium-ion and sodium-ion battery cells developer and manufacturer - Says shares were restored to trading on Tuesday in London at 1330 BST. Follows announcement on Monday that Amte would make an announcement regarding the launch of a retail offer following the lifting of the suspension of trading.

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Grafenia PLC - Manchester-based printing and software company - Says it will formally change its name to Software Circle PLC "in the coming days", as the relevant paperwork has been filed with Companies House. Adds that a further announcement will be made when the name change is formally effective. Upon the change of name becoming effective, the company's TIDM will change from "GRA" to "SFT". The ISIN and SEDOL numbers will remain unchanged.

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Croda International PLC - Yorkshire, England-based chemicals firm - Says Nicholas Ian Challoner, a member of the executive committee, sells 6,339 shares in the company at GBP49.16 each, coming to a total of GBP311,617 in shares.

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BioPharma Credit PLC - Specialist life sciences debt investment trust - Notes filing by LumiraDx Ltd, which discloses an amendment to the loan agreement entered into with BioPharma Credit PLC, BPCR Ltd Partnership, and BioPharma Credit Investments V LP. On September 25, LumiraDx entered into a twelfth amendment and waiver to the loan agreement of March 31. This amendment made several stipulations, including that the minimum liquidity covenant in the agreement is waived until October 11, provided that the consolidated liquidity of the company and its subsidiaries during this waiver period must be at least USD5 million, that the minimum net sales covenant for the trailing twelve-month period ended June 30 is waived. BioPharma Credit expects that the USD3.0 million Tranche D loan amount will be funded on Wednesday.

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ActiveOps PLC - Reading, England-based management process automation software provider for back-office operations - Launches ControliQ Series 3, a new version of its management process automation product. Says that ControliQ Series 3 has additional artifical intelligence features. Following the official launch in August, customers across multiple geographies and sectors are already using the new capabilities. ActiveOps intends to launch the ControliQ Series 4 in 2024.

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By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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13 Jun 2024 16:05

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Friday 14 June 
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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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12 Jun 2024 19:23

EARNINGS AND TRADING: Intuitive Investments NAV rises, talks up Hui10

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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12 Jun 2024 11:54

Anglo Asian Mining shares jump as Azerbaijan gov't green lights tailing dam build

(Sharecast News) - Anglo Asian Mining's share price surged on Wednesday after the gold, copper and silver miner moved one step closer to starting construction on the final part of its tailings dam in Azerbaijan.

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11 Jun 2024 16:34

EARNINGS AND TRADING: Chariot loss narrows; Destiny Pharma approval

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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16 May 2024 14:32

EARNINGS AND TRADING: Michelmersh continues with positive order intake

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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8 May 2024 21:42

TRADING UPDATES: Home REIT cuts borrowings, Genflow shares restored

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and Wednesday, and not separately reported by Alliance News:

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17 Apr 2024 13:53

Anglo Asian Mining sees quarterly production drop on approval wait

(Alliance News) - Anglo Asian Mining PLC on Wednesday posted a decline in first quarter production, as it waits for government approval to raise its tailings dam wall in Azerbaijan.

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17 Apr 2024 08:53

LONDON MARKET OPEN: Stocks mixed as UK data douses BoE cut hope

(Alliance News) - Stock prices in London opened mixed on Wednesday, with the FTSE 100 underperforming European peers, with a hotter than expected UK inflation reading lifting the pound.

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20 Feb 2024 15:03

Anglo Asian unveils maiden Xarxar resource estimate

(Sharecast News) - Anglo Asian Mining announced a significant milestone on Tuesday, with the completion of its maiden JORC 2012 mineral resource estimate for the Xarxar copper deposit in Azerbaijan.

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20 Feb 2024 11:29

Anglo Asian Mining completes maiden JORC resource estimate for Xarxar

(Alliance News) - Anglo Asian Mining PLC on Tuesday said it completed its maiden JORC mineral resource estimate for its Xarxar copper deposit.

Read more
16 Feb 2024 13:13

Anglo Asian gives up board seat on Libero board

(Sharecast News) - Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining announced the resignation of non-executive director Michael Sununu from the board of Libero Copper & Gold on Friday.

Read more
16 Feb 2024 12:55

IN BRIEF: Anglo Asian loses director on Libero board as stake falls

Anglo Asian Mining PLC - Azerbaijan-focused copper, gold and silver producer - Non-Executive Director Michael Sununu resigns from the board of Libero Copper & Gold Corp, after Anglo Asian Mining's stake in Libero falls to 5.7%, lower than the 9.9% threshold that entitles the company to maintain a director on the board of Libero. Anglo Asian Mining says its holding in Libero has reduced as it has not participated in several recent rounds of financing.

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25 Jan 2024 11:51

IN BRIEF: Anglo Asian climbs amid copper resource discovery at Xarxar

Anglo Asian Mining PLC - Azerbaijan-focused copper, gold and silver producer - Confirms significant copper resource at Xarxar following drilling. Says drill results will form part of a forthcoming JORC mineral resource estimate for the Xarxar deposit. Further infill and extension drilling will be planned, along with a metallurgical testwork programme and geometallurgical modelling, Anglo Asian says, once the MRE is published. A mining trade-off study including a mine design and a production plan will also be prepared. Vice President Stephen Westhead says: "We are delighted to announce the findings of our recent drilling campaign at Xarxar, confirming internal estimates regarding the presence of significant quantities of copper at the deposit. This reaffirms the potential size of the mineral deposit that can be brought into production."

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19 Jan 2024 12:02

Anglo Asian commits to Global Industry Standard on Tailings Management

(Alliance News) - Anglo Asian Mining PLC on Friday said it will implement the Global Industry Standard on Tailings Management at its operations at Gedabek, Azerbaijan.

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15 Jan 2024 09:55

Anglo Asian Mining production drops amid temporary suspension

(Alliance News) - Anglo Asian Mining PLC on Monday said fourth quarter production was "significantly reduced" due to partially suspended operations, but said mining activity at Gedabek has resumed.

Read more

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