If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBushveld Minerals Share News (BMN)

Share Price Information for Bushveld Minerals (BMN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.55
Bid: 0.50
Ask: 0.60
Change: 0.00 (0.00%)
Spread: 0.10 (20.00%)
Open: 0.55
High: 0.55
Low: 0.525
Prev. Close: 0.55
BMN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Bushveld jumps as refinances loan with OMF Fund

Thu, 01st Feb 2024 10:31

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

----------

AIM - WINNERS

----------

Bushveld Minerals Ltd, up 56% at 1.67 pence, 12-month range 0.96p-5.90p. The integrated primary vanadium producer completes the refinancing of its unsecured convertible loan notes issued to OMF Fund III (F) Ltd, which was dated September 29, 2020. It says it has refinanced its convertible debt obligations of USD47.1 million. Chief Executive Craig Coltman says: "I am pleased to announce all conditions set out on the definitive agreement with Orion were met and the refinancing transaction is now completed. We thank Orion for their ongoing support towards the company."

----------

AIM - LOSERS

----------

Made Tech Group PLC, down 25% at 9.75p, 12-month range 9.50p-42.00p. The provider of digital, data and technology services issues a trading update, ahead of the publication of its half-year results on February 26. Revenue in the six months ended November 30 fell to GBP19.1 million from GBP20.6 million a year earlier. Adjusted earnings before interest, tax, depreciation and amortisation more than double to GBP1.4 million from GBP500,000. Made Tech says: "The board anticipates that the procurement market will be impacted by the uncertainty created by the upcoming general election in the short term. Notwithstanding this temporary market backdrop the strong improvements made to Made Tech's operating model and margins, the investment in its commercial offering, combined with its strong balance sheet and contracted backlog, position the group well to execute on its growth strategy."

----------

CAP-XX Ltd, down 25% at 0.71 p, 12-month range 0.55p-3.25p. The manufacturer of supercapacitors for portable electronic devices reports results for the half-year ended December 31. Revenue in the period increases by 40% to AUD2.3 million, around GBP1.2 million, from AUD1.6 million a year earlier. However, pretax loss widens to AUD3.4 million from AUD2.6 million. Its adjusted Ebitda loss widens to AUD1.1 million from AUD966,000. Chair Pat Elliott and Chief Executive Lars Stegmann says: "The legal costs and unexpected expenses in relation to the departure of the former CEO and investment in new product developments have result in our adjusted Ebitda remaining negative and the company's cash position being tight. However, the board is managing the company's cashflows carefully."

----------

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
29 Nov 2018 08:34

Bushveld Minerals aims to finish prep for VRFB by new year

(Sharecast News) - Vanadium producer Bushveld Minerals now expects preparatory work on the battery commissioning portion of its maiden vanadium redox flow battery project to be wrapped up by the end of next month.

Read more
17 Oct 2018 13:00

Bushveld Minerals Imaloto Power Project On Track For 2021 Production

LONDON (Alliance News) - Bushveld Minerals Ltd on Wednesday said the Imaloto project is on track to provide electricity to south western Madagascar by 2021.Imaloto, which is being developed

Read more
17 Oct 2018 08:12

Bushveld Minerals on track to launch Imaloto power station by 2021

(Sharecast News) - Vanadium producer Bushveld Minerals is aiming to kick off a series of detailed conversations regarding a finance package for its Imaloto coal-fired power station project once it has wrapped a bankable feasibility study on the site.

Read more
27 Sep 2018 14:41

Bushveld Minerals Sells 1% Stake In Vametco Mine To BEE Shareholders (ALLISS)

LONDON (Alliance News) - Bushveld Minerals Ltd said Thursday it has sold a 1% equity interest in Bushveld Vametco Holdings (Proprietary) Ltd to its two Black Economic Empowerment shareholders No a

Read more
26 Sep 2018 13:24

Bushveld Minerals Profit Jumps As It Generates Interim Revenue

LONDON (Alliance News) - Bushveld Minerals Ltd on Wednesday said its profit multiplied in the first half of 2018 as it generated revenue.The vanadium producer said pretax profit in the six

Read more
21 Sep 2018 17:33

Bushveld Minerals Says Vametco Strike Called Off After Pay Deal

LONDON (Alliance News) - Bushveld Minerals Ltd said Friday it has struck an agreement with a trade union, resulting in the calling off of a strike at its Vametco vanadium mine in South has agreed

Read more
13 Sep 2018 10:49

WINNERS & LOSERS SUMMARY: Retailers Hit As John Lewis Profit Collapses

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------Royal Bank a

Read more
13 Sep 2018 10:19

Bushveld Minerals Increases Holding In Vametco Mine Despite Strikes

LONDON (Alliance News) - Bushveld Minerals Ltd said Thursday it has raised its interest in the Vametco vanadium mine located near Pretoria, South Africa, to 75% from 59.1%.Shares in were at

Read more
13 Sep 2018 08:39

Bushveld takes holding in Vametco to 75pc through $20m transaction

(Sharecast News) - Vanadium producer Bushveld Minerals has completed the acquisition of a 21.22% interest in Strategic Minerals Corporation, an intermediate holding company of Vametco Alloys, from Sojitz Noble Alloys for a total cash consideration of $20m, it announced on Thursday.

Read more
12 Sep 2018 16:46

Bushveld Minerals Reports Continuation Of Strike At Vametco Mine

LONDON (Alliance News) - Vanadium producer Bushveld Minerals Ltd said Wednesday that the unprotected industrial action at Vametco mine located near Pretoria, South Africa, has continued and have a

Read more
7 Sep 2018 12:15

Bushveld's Vanadium mine suspended due to strike action

(Sharecast News) - Integrated primary vanadium producer Bushveld Minerals on Friday updated investors on the industrial action the company is facing at its Vametco vanadium mine in South Africa.

Read more
7 Sep 2018 11:16

Bushveld Halts Production At Vametco Mine Due To Strike Action

LONDON (Alliance News) - Shares in Bushveld Minerals Ltd fell on Friday after the company said that it has temporarily stopped production at its Vametco Vanadium mine located near Pretoria, South

Read more
22 Aug 2018 16:26

Bushveld Minerals Shrinks Production Guidance On Expansion Delays

LONDON (Alliance News) - Bushveld Minerals Ltd said Wednesday revenue and earnings from its vanadium platform were significantly ahead in the first half of 2018 due to higher prices.The the

Read more
13 Aug 2018 18:14

Bushveld Minerals Raises GBP692,000 Following Warrants Exercise (ALLISS)

LONDON (Alliance News) - Bushveld Minerals Ltd said Monday it raised GBP692,000 following the exercise of share warrants.The vanadium producer has exercised 5.0 million warrants at a price

Read more
4 Jul 2018 13:06

Bushveld Minerals Completes "Milestones" At Imaloto Power Project

LONDON (Alliance News) - Bushveld Minerals Ltd said Wednesday its coal and energy subsidiary Lemur Holdings Ltd completed a Social and Environmental Impact Assessment at its power project in the a

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.