Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video 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: 0.60
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.10 (18.182%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.60
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
18 Aug 2015 11:43

Bushveld Minerals to complete takoever of Lemur Resources

(ShareCast News) - Mineral development group Bushveld Minerals is set to complete its takeover of Lemur Resources, after its off-market takeover offer closed on Monday. The South Africa-focused group, which has already secured a 94.84% stake in Lemur, aims to acquire the remaining offer shares via c

Read more
14 Aug 2015 08:28

Bushveld Notes Lemur Resource Acquisition Of South African Project

Read more
23 Jul 2015 15:28

Bushveld Minerals Notes Potential Vanadium Acquisition For Lemur

Read more
19 Jun 2015 16:01

UPDATE: Bushveld Says Lemur Resources To Buy Assets, Accept Takeover Offer

Read more
19 Jun 2015 14:50

Bushveld Says Lemur Resources To Acquire South African Vanadium Assets

Read more
29 May 2015 08:42

Bushveld Minerals Enters Convertible Loan Deal With Darwin (ALLISS)

Read more
20 May 2015 08:25

Bushveld Minerals Bids To Take Full Ownership Of Lemur Resources

Read more
17 Mar 2015 10:04

Bushveld's Lemur Resources Buys Zooiplaats Tin Project In South Africa

Read more
16 Mar 2015 11:28

Bushveld Says Vanadium Project Application Filed In South Africa

Read more
27 Feb 2015 09:45

Bushveld Minerals Issues Shares To Pay For Executive Bonuses (ALLISS)

Read more
26 Feb 2015 12:09

Bushveld Making "Significant Progress" On South African Vanadium Project

Read more
30 Jan 2015 12:45

UK DIRECTOR DEALINGS SUMMARY: ASOS CEO Sells GBP20 Million In Shares

Read more
30 Jan 2015 12:36

DIRECTOR DEALINGS: Bushveld Minerals Chairman Buys 540,000 Shares

Read more
12 Nov 2014 10:56

Bushveld Rises As Mineral Resource For Vanadium Project Doubles

Read more
6 Nov 2014 10:22

Bushveld Gets Encouraging AB Zone Results From Vanadium Project

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.