Less Ads, More Data, More Tools Register for FREE

Pin to quick picksArgo Blockchai. Share News (ARB)

Share Price Information for Argo Blockchai. (ARB)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 11.00
Bid: 10.50
Ask: 11.50
Change: -0.40 (-3.64%)
Spread: 1.00 (9.524%)
Open: 11.00
High: 10.60
Low: 10.60
Prev. Close: 11.00
ARB Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Bitcoin Miner Argo In Monthly Revenue Rise

Thu, 03rd Dec 2020 17:37

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

----------

Argo Blockchain PLC - UK-based cryptocurrency miner - Mines 115 bitcoin or equivalent in Novmeber, down from 126 in October. "The reduction in the number of coins mined in November compared to October is due to changes in mining difficulty and the Zcash halving which took place on November 17. This takes the total amount of BTC mined year-to-date to 2,369," Argo adds. Based on daily exchange rate, mining revenue in November was GBP1.5 million, up from GBP1.2 million in October.

----------

Iconic Labs PLC - media company - Announces JOE Media unit secures contracts worth more than GBP750,000. "The contracts are with clients in a number of sectors including gambling, video games, online music streaming," Iconic adds.

----------

Nucleus Financial Group PLC - Edinburgh-based financial wrap platform - Aquiline Capital Partners LLC says it does not plan to make offer for Nucleus after "highly preliminary discussions".

----------

Invinity Energy Systems PLC - vanadium flow batteries manufacturer - Plans placing to raise GBP20.5 million and further GBP2 million through open offer. Says 11.7 million shares placed at 175 pence each in placing, 1.1 million in open offer. "Funds raised will be used to scale up production capabilities to meet commercial demand, execute on sales pipeline and thereby assist in driving down unit costs," Invinity says.

----------

Volution Group PLC - Crawley, England-based supplier of ventilation products to the residential and commercial construction markets - Pens sustainability-linked revolving credit facility. The GBP150 million loan, with a GBP30 million accordion facility, replaces a GBP120 million loan. Facility runs for three years until December 2023, with option for two-year extension.

----------

Jupiter UK Growth Investment Trust PLC - investment trust - Updates on wind-down measures. Agrees to proposals with Brown Advisory Funds PLC to offer Jupiter shareholders a choice of roll over investment in Jupiter to new shares to be issued by a sub-fund of Brown, or electing for a normal cash exit.

----------

Global Petroleum Ltd - oil and gas company focused on Africa and the Mediterranean - Recently bought historic 2D seismic data of PEL0094 licence, Namibia. Also acquired historic data from underexplored eastern part of block. "The company expects the interpretation of this data significantly to enhance the prospectivity already identified in this area," Global Petroleum says.

----------

Cobra Resources PLC - exploration and mining company focused on the Wudinna gold project in Australia - Reports "significant high-grade gold intercepts" at Clarke deposit at Wudinna. "Given we still have 80% of the assay results still to come, we are very excited about these initial high-grade intersections at Clarke which have positive indications for the future of the Wudinna project," Director Craig Moulton says.

----------

Active Energy Group PLC - London-headquartered biomass-based renewable energy business - Says Player Design Inc appointed in September to complete engineering and construction process of CoalSwitch reference plant at Lumberton site. Active Energy sources additional equipment and begins procurement process. "Construction crews will commence work in January 2021 with commissioning of the plant expected during Q2 2021," Active Energy adds.

----------

Landore Resources Ltd - Canada-focused minerals explorer - Says drilling programme at BAM gold deposit, Canada, progressing as planned. Adds that 15 drill holes completed to date. Says gold prices surge in 2020 has meant more exploration in Canada, causing a backlog of sampling. "As a result the time now expected for full analysis has doubled to 6-7 weeks from delivery to the laboratory," Landore adds.

----------

Zephyr Energy PLC - Rocky Mountain oil and gas company - Signs drilling contract with Cyclone Drilling Inc. "Cyclone, based in Gillette, Wyoming, is one of the leading providers of rigs in the Rocky Mountain region," Zephyr adds. "Cyclone's fleet of modern rigs was purpose-built for operating in the remote locations and rugged environment of the Rockies, and they hold one of the best drilling safety records in the US oil and gas industry.

----------

Salt Lake Potash Ltd - Australia-focused miner - Says ASX voluntary trading suspension to remain until either an announcement of debt financing or opening of trade on December 10.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
18 May 2022 17:57

TRADING UPDATES: Argo Blockchain, HC Slingsby suffer profit drops

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

Read more
9 May 2022 11:58

IN BRIEF: Argo Blockchain bitcoin mining revenue rises in April

Argo Blockchain PLC - London-based cryptocurrency miner - In April, mines 166 bitcoin, a slightly higher figure than 163 BTC mined in March. This allows mining revenue to grow 5.8% to GBP5.5 million from GBP5.2 million the month before.

Read more
5 May 2022 21:43

TRADING UPDATES: McColl's "likely" on brink of administration

(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
4 May 2022 20:54

TRADING UPDATES: Residential Secure Income acquires 39 new homes

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

Read more
28 Apr 2022 16:59

TRADING UPDATES: Sanderson Design profit doubles on revenue growth

(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
28 Apr 2022 12:14

LONDON MARKET MIDDAY: UK banks impress as focus moves to Apple, Amazon

(Alliance News) - European equities prices were in positive territory on Thursday, with the FTSE 100 set to make it three successive days in the green, helped by a strong share price gain for Asia-focused bank Standard Chartered.

Read more
8 Apr 2022 11:13

TRADING UPDATES: Foresight, LendInvest report annual rise in funds

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

Read more
14 Mar 2022 20:57

TRADING UPDATES: Cobra in line for earn-in; Argo agrees fleet swap

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

Read more
10 Mar 2022 20:42

IN BRIEF: Argo Blockchain unit signs financing agreement with NYDIG

Argo Blockchain PLC - London-based cryptocurrency miner - Says its Argo Helios subsidiary has entered into an equipment financing agreement with NYDIG ABL LL, owned by New York Digital Investment Group LLC. As part of the agreement, NYDIG has loaned Argo Helios USD26.7 million to recapitalise the purchase of electrical infrastructure equipment for its flagship cryptocurrency mining facility in Dickens County, Texas. Company anticipates being able to energise the 200 megawatts facility, and is still on track for facility completion, in the first half of 2022, it adds.

Read more
7 Mar 2022 19:26

TRADING UPDATES: Alternative Income profit up; BiVictrix loss widens

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

Read more
7 Feb 2022 13:49

TRADING UPDATES: Mode offers staff bitcoin; Argo Blockchain mines less

TRADING UPDATES: Mode offers staff bitcoin; Argo Blockchain mines less

Read more
7 Feb 2022 10:50

SMALL-CAP WINNERS & LOSERS: Lamprell sinks as pandemic hits profit

SMALL-CAP WINNERS & LOSERS: Lamprell sinks as pandemic hits profit

Read more
24 Jan 2022 11:01

SMALL-CAP WINNERS & LOSERS: De La Rue plunges after profit warning

SMALL-CAP WINNERS & LOSERS: De La Rue plunges after profit warning

Read more
19 Jan 2022 16:52

TRADING UPDATES: In The Style in fashion; East Imperial toasts US deal

TRADING UPDATES: In The Style in fashion; East Imperial toasts US deal

Read more
7 Jan 2022 16:51

IN BRIEF: Argo Blockchain's December Bitcoin mining revenue declines

IN BRIEF: Argo Blockchain's December Bitcoin mining revenue declines

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.