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Aterian PLC - investment company focused on African mineral resources - Issues GBP500,000 of convertible loan notes. The CLNs are priced at 0.7 pence each. Says it will use the CLN issue's net proceeds to accelerate the Agdz exploration drill programme in Morocco, advance operations in Rwanda and Botswana, and bolster its financial flexibility.
Read moreAterian PLC - investment company focused on African mineral resources - Plans to raise minimum of GBP500,000 through issue of convertible loan notes. Says CLN will be issued at fixed price of 0.70 pence each.
Read more(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more(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(Alliance News) - Aterian PLC on Monday said the company now possesses ten mineral exploration licenses in Botswana.
Read moreAterian PLC - London-based, Africa-focused mine - Says evidence of copper mineralisation has been identified within the Adoudou Formation sediments on both Akka and West Tazalaght projects in Morocco following initial reconnaissance work. Chair Charles Bray says: "The preliminary findings from these initial reconnaissance visits to Akka and West Tazalaght are encouraging and consistent with our recent exploration in the Anti-Atlas region, with evidence of copper mineralisation occurring throughout. We will now develop plans to explore and evaluate the potential of these specific projects. We hope that through a more systematic prospecting programme targeting the sedimentary-hosted copper opportunity across the region, we will be able to add to our extensive Moroccan exploration database."
Read more(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read moreAterian PLC - London-based, Africa-focused miner - Announces a positive update of field activities being undertaken by Rio Tinto Mining and Exploration Ltd on the lithium-focused earn-in investment and joint venture agreement in Rwanda. Notes its subsidiary, Kinunga Mining Ltd, is engaged in supporting Rio Tinto in staging the necessary equipment to establish a maiden drill program over the licence area in 2024. Sandy Walker, the programme manager, Rwanda for Rio Tinto explains exploration activities are now "safely underway, and we look forward to seeing the results of the data currently being collected."
Read more(Alliance News) - Aterian PLC on Monday said it has agreed to acquire a 90% controlling interest in Atlantis Metals Pty Ltd, via a share purchase agreement.
Read more(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News:
Read moreAterian PLC - London-based, Africa-focused miner - Says latest sampling at Tata project, in southern Morocco's Anti-Atlas Mountains, reports up to 7.02% copper mineralisation within two stratigraphic horizons and visible on surface. Combined strike length with visible mineralisation extends over 18 kilometres. Data review indicates an as-yet untested strike length of around 26 kilometres in the prospective Adoudou formation and at least a further nine kilometres in the lower Cambrian Tata Group sediments.
Read more(Alliance News) - Aterian PLC on Thursday reported a widening of its interim loss as costs increased.
Read more(Alliance News) - Aterian PLC on Wednesday said sampling at its Zaer project in Morocco showed "strong indications" of copper mineralisation.
Read more(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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(Sharecast News) - Rio Tinto was on the list of director purchases on Friday, after it disclosed an investment made by an independent non-executive director.
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