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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: 64.00
Bid: 62.00
Ask: 66.00
Change: 2.50 (4.07%)
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Open: 61.50
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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.

More News
23 Feb 2023 18:37

TRADING UPDATES: Anglo Asian eyes "pivotal" 2023, Cordel signs deal

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

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22 Feb 2023 13:54

Anglo Asian orders equipment for new mines on transition plans

(Alliance News) - Anglo Asian Mining PLC on Wednesday said that it has placed orders for the major items of equipment required for production from its new Zafar and Gilar mines.

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21 Feb 2023 10:11

Anglo Asian looks to construction on completion of Zafar scoping study

(Alliance News) - Anglo Asian Mining PLC on Tuesday said that it has completed a mining scoping study for the Zafar underground mine, located close to the Gedabek processing facilities in Azerbaijan.

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20 Feb 2023 13:01

Anglo Asian Mining makes fourth investment in Libero Copper

(Sharecast News) - Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining announced its fourth investment in Libero Copper & Gold on Monday, acquiring 3.2 million new shares for CAD 0.48m (£0.3m).

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20 Feb 2023 11:54

Anglo Asian invests in Libero Copper & Gold to maintain 20% stake

(Alliance News) - Anglo Asian Mining PLC on Monday said it made a fourth investment in Libero Copper & Gold Corp, an exploration company focusing on projects in Colombia and Argentina, for CAD480,000, about USD355,000.

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24 Jan 2023 20:47

TRADING UPDATES: M&C Saatchi sees revenue rise; Angus extends drilling

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

Read more
18 Jan 2023 16:41

Anglo Asian Mining completes Gilar portal, now underground tunnelling

(Alliance News) - Anglo Asian Mining PLC on Wednesday said the portal to the Gilar mine in Azerbaijan has been completed, with underground tunnelling now underway to access the mineral deposit.

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16 Jan 2023 14:32

IN BRIEF: Anglo Asian Mining produces less gold but notes progress

IN BRIEF: Anglo Asian Mining PLC - London-based gold, copper and silver producer focused on Azerbaijan - Produces 57,618 gold equivalent ounces in 2022, down 11% from 64,610 a year prior. Cash as at December 31 grows 33% to USD20.3 million from USD15.3 million at September 30. Company says it made "significant" progress at its Zafar copper-gold deposit, where a mine design is almost finalised.

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9 Jan 2023 16:52

TRADING UPDATES: Equals buys Roqqett; Aviva reappoints DWF

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

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9 Jan 2023 13:13

Anglo Asian makes third investment in Libero Copper

(Sharecast News) - Azerbaijan-focussed gold, copper and silver producer, Anglo Asian Mining, has made a third investment in Libero Copper & Gold, it announced on Monday.

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19 Dec 2022 17:19

TRADING UPDATES: Anglo Asian Mining reports mineral resource estimate

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

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8 Dec 2022 17:45

TRADING UPDATES: Anglo Asian touts intercepts; Netcall backs guidance

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

Read more
8 Dec 2022 15:39

Anglo Asian upbeat on latest Gilar drill results

(Sharecast News) - Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining announced drill results from the Gilar deposit on Thursday, confirming more than 60 metres of "thick and continuous" gold and copper mineralisation.

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22 Nov 2022 14:30

Anglo Asian Mining to double capacity of Zafar flotation plant

(Alliance News) - Anglo Asian Mining PLC said on Tuesday it will double the capacity of its Zafar flotation plant in Azerbaijan.

Read more
2 Nov 2022 18:48

TRADING UPDATE: Zenova paint used in NHS; results from Anglo Asian

(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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