Blue Star Share News (BLU)

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Duke expects revenue rise; SIMEC gets EL deal payment

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

EARNINGS AND TRADING: Getech confident; Aukett Swanke makes buy

(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:

AIM WINNERS & LOSERS: Cap-XX surges as settles agreement with Tesla

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

IN BRIEF: Blue Star Capital Dynasty carrying value drops significantly

Blue Star Capital PLC - London-based investment company focused on the esports and new technologies sectors - Says its investment in Dynasty Gaming & Media Pte Ltd, in which it holds a 13% stake, has lost a significant amount of carrying value amid Dynasty's ongoing acquisition of Googly Media Holdings Pte Ltd. In November, Dynasty, a Singapore-based gaming platform provider, entered into an agreement to acquire the assets of Googly for around USD7.6 million, which valued the entire entity at USD15 million. The deal is expected to conclude by April 30. Following completion, based on a combined entity valuation, Blue Star says its holdings in Dynasty and its 0.6% stake in Googly will be valued at GBP450,000, significantly below its previous calculation of around GBP5.5 million.

IN BRIEF: Blue Star Capital expects placing proceeds by end January

Blue Star Capital PLC - Crawley, England-based, investor in e-sports, gaming and blockchain sector - Advises that, further to its announcement of January 17, the proceeds of its GBP100,000 placing are expected to be received on or around January 31. Accordingly, the admission of the placing shares to trading on AIM will now occur on or around the same date.

IN BRIEF: Blue Star Capital raises GBP100,000 via new shares placing

Blue Star Capital PLC - Raises GBP100,000 via a placing of 100.0 million new shares at a price of 0.1 pence each, representing 2.0% of enlarged share capital. Says proceeds will be used for working capital purposes and will provide the company with working capital headroom until September. This is in line with its forecasted monthly cash burn rate and the anticipated disposal of the company's shareholding in SatoshiPay. Admission of new shares to trading on AIM is expected to occur on or around Monday next week.

Blue Star shares soar on Dynasty and SatoshiPay updates

(Alliance News) - Blue Star Capital PLC on Tuesday said its investee Dynasty Gaming & Media Pte Ltd has partnered with Vera Media Group to 'soft-launch' its new platform Lightning Dragon.

Blue Star Capital celebrates as Dynasty gets closer to breakeven

(Alliance News) - Blue Star Capital PLC shares rose on Monday after it announced that investee Dynasty Gaming & Media Pte Ltd recently completed a USD3 million fundraise, and announced a potential merger with Googly Media Pte Ltd.

TRADING UPDATES: BiVictriX patent boost; 4Global deal extended

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

Blue Star Capital's Googly inks cricket e-sports deal

(Sharecast News) - Technology, media and gaming investor Blue Star Capital announced a collaboration between its investee company Googly Media Holdings and the Caribbean Premier League (CPL) on Wednesday, forging an agreement to create the E-sports Caribbean Premier League (ECPL).

Blue Star investee to help launch e-sports cricket league in Caribbean

(Alliance News) - Blue Star Capital PLC on Wednesday said its investee company Googly Media Holdings PTE Ltd signed an agreement with the Caribbean Premier League to launch the cricket E-sports Caribbean Premier League.

IN BRIEF: Blue Star Capital interim loss widens and net assets fall

Blue Star Capital PLC - investor in e-sports, gaming and blockchain companies - Pretax loss widens to GBP1.2 million in six months ended March 31 from GBP996,806 a year before, partly due to a loss on disposable investments of GBP81,491. Blue Star Capital's operating loss increases to GBP1.2 million from GBP1.0 million. Net assets fall to GBP10.5 million as of March 31 from GBP11.7 million a year before, with the company affirming that the formal sales process of its stake in SatoshiPay Ltd is expected to be completed by the end of 2023. NAV per share was 0.2 pence on March 31.

IN BRIEF: Blue Star announces new Pendulum blockchain bridge release

Blue Star Capital PLC - Crawley, England-based investment company focused on e-sports, payments and technology - Notes announcement by Pendulum that its Spacewalk 'blockchain bridge' is now live on SatoshiPay's Amplitude network. Pendulum was incubated by SatoshiPay, a Berlin-based instant payment company in which Blue Star owns a 27.9% stake. Spacewalk is a decentralised 'bridge' connecting blockchain networks Stellar and Polkadot. Blue Star says Pendulum intends to advance foreign exchange trading into the blockchain sector and hopes that Spacewalk will provide the stablecoin liquidity needed. In the future it hopes to extend Spacewalk to other blockchain networks like Cosmos and Ethereum.

IN BRIEF: Blue Star notes Dynasty's partnership with Lets Play Live

Blue Star Capital PLC - Crawley, England-based investment company focused on e-sports, payments, technology and its applications within media and gaming - Says Dynasty Gaming & Media launches a joint venture partnership with Australian e-sports and gaming platform Lets Play Live. Says it is a "significant step" in its transition from service provider to media owner.