The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBlencowe Resou. Share News (BRES)

Share Price Information for Blencowe Resou. (BRES)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 6.00
Bid: 5.70
Ask: 6.30
Change: -0.25 (-4.20%)
Spread: 0.60 (10.526%)
Open: 5.95
High: 6.00
Low: 5.70
Prev. Close: 5.95
BRES Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Karelian gets permit extension, Starwood ups dividend

Thu, 25th Jan 2024 21:59

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

----------

Location Sciences Group PLC - Cheltenham, England-based location data optimisation and transparency platform - Enters unsecured term loan facility agreement with special purpose holding company named as Bidco 3 Ltd, for up to GBP3.0 million. It may use the loan in one or more tranches for a minimum of GBP500,000 per tranche. Facility will be used to provide company with general working capital. Borrowings will accrue interest daily at 1.5% per month, with repayment due on January 31, 2026.

----------

Atlantic Lithium Ltd - Africa-focused lithium explorer and developer - Announces completion of Stage 1 of its competitive offtake partnering process to secure funding for a portion of the remaining 50% available feedstock from its Ewoyaa Lithium Project in Ghana. Moves to Stage 2 of the process, involving "more detailed" due diligence. Executive Chair Neil Herbert says company received non-binding indicative offers during Stage 1, and can now move forward "with a number of preferred parties".

----------

Blencowe Resources PLC - Developer of Orom-Cross graphite project in Uganda - Reports receipt of USD1 million second tranche payment from the United States International Development Finance Corp, or 20% of the full USD5 million DFC grant to be utilised for Orom-Cross definitive feasibility study costs. Company has received USD2 million to date since funding agreement was signed in 2023. The DFC disbursed the tranche upon completion of "several key goals" such as all spheronised purified graphite test work and the mining of a further 600 tonne bulk sample. Says SPG results indicate that Orom-Cross graphite can be purified up to a 99.995% product, meaning the graphite's quality would be "at the very highest level". Company is "well on its way" to completing necessary milestones for accessing another USD1 million.

----------

Starwood European Real Estate Finance Ltd - Guernsey-based investor managing high quality senior and mezzanine real estate debt in the UK and Europe - Confirms 1.88 pence per share dividend for the fourth quarter that ended on December 31, bringing its total 2023 dividend to 6.0p per share. This is 0.5p higher than its original target, although target for 2024 remains at 5.5p. Net asset value at December 31 is 104.35p per share, slightly down from 104.46p at September 30. Says portfolio has an average remaining loan term of 1.4 years. Says GBP48.8 million in total has been repaid across seven investments during the period, including full repayment of three loans and four partial repayments. Adds that its loan book is performing broadly in line with expectations despite a challenging macro environment.

----------

Karelian Diamond Resources PLC - Finland-focused exploration company - Finnish Safety & Chemicals Agency notifies Karelian of granting of an extension for the maximum further three years allowed to its exploration permits Riihivaara 26, Riihivaara 24, 24a and 24b in the Kuhmo region of Eastern Finland. This allows Karelian to "continue and extend its exploration programme in this highly prospective area of Finland".

----------

Arc Minerals Ltd - Africa-focused copper company - Announces results from recent scout drilling campaign at its Virgo Project within the Kalahari Copper Belt in Botswana. Says copper mineralisation and anomalism intersected, with up to 3.65% copper and 24 grams per tonne silver assayed over the individual sampled interval. Executive Chair Nick Von Schirnding says it is "extremely encouraging to see significant mineralisation intersected close to the boundary of our licenses by Khoemacau that bodes well for our follow-up exploration campaign."

----------

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
23 Jun 2022 11:10

IN BRIEF: Blencowe Resources narrows half-year loss, sees progress

Blencowe Resources PLC - London-based miner focused on developing the Orom-Cross graphite project and Akelikongo nickel project in Uganda - Posts lower interim loss as it reports "excellent progress" at its Orom-Cross project. Pretax loss in the half-year ended March 31 narrows to GBP356,336 from GBP629,681 a year ago.

Read more
6 Jun 2022 15:44

TRADING UPDATES: Avation extends easyJet lease; Abingdon wins deal

(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
11 Apr 2022 20:51

TRADING UPDATES: Pod Point wins BMW deal; Lamprell seals contract

(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
21 Mar 2022 14:38

TRADING UPDATES: Further progress at Blencowe and Rockfire mines

(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
8 Mar 2022 12:33

TRADING UPDATES: Tasty sales rise; Synectics wins National Grid deal

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

Read more
22 Feb 2022 21:57

TRADING UPDATES: Angling Direct ups revenue; Ceiba takes Omicron hit

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

Read more
16 Feb 2022 16:19

UK shareholder meetings calendar - next 7 days

Thursday 17 February 
Chrysalis Investments LtdAGM
Highway Capital PLCAGM
Oilex LtdGM re placing
Virgin Money UK PLCAGM
Watkin Jones PLCAGM
Friday 18 February  
Helical PLCGM
SimiGon PLCGM re merger with Maxify, Power Breezer
Monday 21 February 
Sivota PLCGM re acquisition of Apester
Tuesday 22 February 
Aberdeen Diversified Income & Growth Trust PLCAGM
Montanaro European Smaller Cos Trust PLCGM share issue
Wednesday 23 February 
Blencowe Resources PLCAGM
Gooch & Housego PLCAGM
Income & Growth VCT PLCGM re share subscription
Mobeus Income & Growth 2 VCT PLCGM re share subscription
Mobeus Income & Growth 4 VCT PLCGM re share subscription
Mobeus Income & Growth VCT PLCGM re share subscription
RWS Holdings PLCAGM
Tharisa PLCAGM
Titon Holdings PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
8 Feb 2022 18:10

TRADING UPDATES: Mattioli reaches record client assets in first half

TRADING UPDATES: Mattioli reaches record client assets in first half

Read more
31 Jan 2022 22:06

TRADING UPDATES: Hiro plans acquisition vehicle IPO; Aquila reviews

TRADING UPDATES: Hiro plans acquisition vehicle IPO; Aquila reviews

Read more
28 Jan 2022 17:46

TRADING UPDATES: Jupiter Emerging, Henderson trusts beat benchmarks

TRADING UPDATES: Jupiter Emerging, Henderson trusts beat benchmarks

Read more
17 Jan 2022 18:40

TRADING UPDATES: MP Evans declares special payout as production rises

TRADING UPDATES: MP Evans declares special payout as production rises

Read more
13 Jan 2022 18:10

TRADING UPDATES: Team17 buys astragon; contracts for Tekmar and Toople

TRADING UPDATES: Team17 buys astragon; contracts for Tekmar and Toople

Read more
1 Dec 2021 16:07

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
12 Nov 2021 12:11

TRADING UPDATES: Princess exits Taco Bell; Nuformix files patent

TRADING UPDATES: Princess exits Taco Bell; Nuformix files patent

Read more
12 Nov 2021 10:54

SMALL-CAP WINNERS & LOSERS: Avon Protection plates face approval delay

SMALL-CAP WINNERS & LOSERS: Avon Protection plates face approval delay

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.