Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCOPL Share News (COPL)

  • This share is currently suspended. It was suspended at a price of 0.0575

Share Price Information for COPL (COPL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0575
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.0575
COPL 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: Cerillion profit up; Iofina says iodine demand strong

Tue, 19th Apr 2022 12:02

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

----------

Cerillion PLC - London-based billing and customer relations management software - Says trading in six months March 31 "vert strong". Expects revenue ro rise 26% annually to GBP16.1 million. Adjusted earnings before interest, tax, depreciation and amortisation to jump 48% to GBP7.1 million. "Cerillion's sales pipeline remains strong and this, together with the record performance in the first half of the year, underpins the board's confidence that trading for the full year will be in line with its expectations," Cerillion says. "The excellent performance in the first half reflects on-going work on new customer implementation projects and strong demand from existing customers, against a wider back-drop of continuing strength in demand for telecoms services and substantial ongoing investment in 5G and fibre rollout."

----------

Iofina PLC - London-based iodine and chemical product manufacturer - Says "experiencing robust demand for iodine and iodine derivatives". Says iodine spot prices reach USD60 a kilogramme, rising 20% since start of year. Produces 103.8 metric tonnes of crystalline iodine from Oklahoma, US plants in first quarter. On track for annual target of 225 to 240 metric tonnes.

----------

Canadian Overseas Petroleum Ltd - Calgary, Canada-based oil and gas company - Says affiliate COPL America Inc signs deal to buy assets from Cuda Energy LLC. Canadian Overseas signs USD20.0 million bridge loan to finance deal. In addition, it plans USD10.0 million placing and subscription. Cuda has interests in Wyoming, US.

----------

Anglo Pacific Group PLC - natural resources royalty and streaming - Receives favourable judgement in dispute with Quasar Resources Pty Ltd, operator of Four Mile uranium mine. Anglo Pacific has 1% net smelter return royalty at asset. Dispute, which dates back to 2016, related to level of charges being applied to calculate net smelter return revenue. Supreme Court of Western Australia rules in Anglo Pacific's favour and decides any costs at asset, and also Beverley processing plant, should be applied as permitted allocable charges. Company adds: "The parties must now finalise orders to be submitted to the judge by 22 April 2022. The group will make a further announcement after such date detailing amounts owed to the group from Quasar and the future application of the royalty. Quasar have 21 days from the date the final orders are made by the judge to appeal the decision."

----------

Altus Strategies PLC - Oxfordshire, England-based mining royalty company - Granted gold mining licence for Korali Sud licence in Mali, which includes Diba project. Calls on Bristol, UK-based Mining Plus UK Ltd to conduct mineral resource estimate and preliminary economic assessment.

----------

Invinity Energy Systems PLC - London-based energy storage company - Secures trio of International Organization for Standardization certifications for quality management, environmental management and health & safety management. "The individual standards to which Invinity is now certified are core to the company's business," Invinity adds.

----------

Velocys PLC - Oxford-based sustainable fuel technology company - Agrees with British Airways to extend Altalto project and option agreement for another year to March 31, 2023. BA has option to acquire 50% of Altalto Ltd, which turns household and commercial waste into clean-burning fuels. In addition, company draws back to its recent announcement in relation to securing a deal with a European renewable fuels developer. As part of this pact, Velocys will offer initial engineering services to a project." While revenue for deal will be small, Velocys says pact "broadens" its customer base.

----------

Tintra PLC - Windsor, Berkshire-based firm building banking and infrastructure technology systems - Granted payment services approval in Mauiritius. Company says this allows Mauritius arm to provide payment services and merchant online services for accepting electronic payments. "Mauritius has become an important financial services hub for Africa and South Asia," Tintra says.

----------

Bango PLC - Cambridge-based data-driven commerce company - Signs deal to support

T-Mobile US Inc's third-party products offering within Bango Platform. "Bango enables T-Mobile to rapidly and cost effectively scale-up value-added-service offerings, giving customers choice and value across a growing range of subscription products and services. With this new agreement, a majority of US telco customers will now be served through Bango technology," Bango explains.

----------

SysGroup PLC - Liverpool-based IT services and cloud-hosting provider - Expects to report adjusted earnings before interest, tax, depreciation and amortisation of GBP2.8 million for year ended March 31, down from GBP2.9 million in prior year but largely in line with figure for financial 2020. SysGroup says this is despite "external challenges faced throughout our industry over the last 2 years". Revenue for year expected to decline as customers defer IT spend. SysGroup adds: "Encouragingly, during the latter part of H2 FY22, we have started to see enhanced trading conditions with both new and existing clients. Whilst not yet at pre-pandemic levels, customers are once again starting to feel confident to commit to spending on enhancements to their essential IT services."

----------

Venture Life Group PLC - Berkshire, England-based self-care product manufacturer and distributor - Reiterates 2021 guidance. Expects to post revenue rise of 8.3% to GBP32.6 million from GBP30.1 million. Revenue in second half alone rises 35% year-on-year to GBP18.7 million. Adjusted earnings before interest, tax, depreciation and amortisation to be in line with market expectations. On ongoing audit, Venture Life says its auditors "continue to experience resourcing issues". Additional time is needed to complete audit procedures and 2021 results expected to be announced in "early May".

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
23 May 2023 12:01

Canadian Overseas Petroleum touts consistent progress at Barron Flats

(Alliance News) - Canadian Overseas Petroleum Ltd on Tuesday said that progress remains on track at its Barron Flats Shannon oil production unit in Wyoming.

Read more
16 May 2023 13:55

Canadian Overseas quarterly sales down on severe winter

(Alliance News) - Canadian Overseas Petroleum Ltd said on Tuesday that its crude oil and petroleum sales declined since the fourth quarter, mainly due to severe weather conditions, but incurred a net hedging gain on butane swap contracts.

Read more
20 Apr 2023 18:25

TRADING UPDATES: Smartspace Software expands in Taiwan, Germany, China

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

Read more
3 Apr 2023 18:32

Canadian Overseas Petroleum fourth quarter sales drop on lower prices

(Alliance News) - Canadian Overseas Petroleum Ltd on Monday reported a drop in fourth quarter petroleum sales, despite a rise in production, due to a fall in commodity prices.

Read more
27 Mar 2023 21:12

TRADING UPDATES: Star Phoenix legal win; Hamak Gold survey underway

(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
20 Mar 2023 20:09

IN BRIEF: Canadian Overseas secures up to USD15 million bond financing

Canadian Overseas Petroleum Ltd - oil and gas exploration, production and development company, with operations focused in Wyoming, US - Signs agreements with current stakeholders and a new institutional investor for an increase in its 2024 bonds and 2025 bonds, with a total amount of USD13.6 million committed possibly increasing to USD14.8 million. The convertible financing is meant to sufficiently fund the company for production growth, while allowing management to "optimally conclude" their reserves-based lending and joint-venture negotiations, COPL says. A further undrawn element has been made available by the company's main bondholder to ensure COPL will be appropriately funded into 2024.

Read more
20 Mar 2023 09:57

SMALL-CAP WINNERS & LOSERS: Canadian Overseas Petroleum gets funding

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

Read more
17 Mar 2023 21:10

TRADING UPDATES: Literacy Capital nets gain from investment disposal

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

Read more
17 Mar 2023 20:49

TRADING UPDATES: Literacy Capital nets gain from investment disposal

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

Read more
1 Mar 2023 20:09

TRADING UPDATES: Ediston signs 10-year lease with Marks & Spencer

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

Read more
24 Feb 2023 11:39

Canadian Overseas issues shares to settle USD1.7 million bond payments

(Alliance News) - Canadian Overseas Petroleum Ltd on Friday said it issued 20.4 million new shares to settle payments to bondholders.

Read more
17 Feb 2023 10:32

IN BRIEF: Canadian Overseas issues 6.3 million shares for conversion

Canadian Overseas Petroleum Ltd - Wyoming, US-focused oil and gas company - Issues 6.3 million shares for conversion of USD1.0 million worth of 2024 bonds. Also says that on Wednesday it issued 8.5 million shares as part of a share settlement option. Following the issue of shares, the company will have a total of 292.7 million shares issued.

Read more
17 Feb 2023 10:08

SMALL-CAP WINNERS & LOSERS: Kingspan shares up on higher 2022 profit

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

Read more
8 Feb 2023 12:35

IN BRIEF: Canadian Overseas Petroleum shares admitted for trading

Canadian Overseas Petroleum Ltd - Wyoming, US-focused oil and gas company - Confirms 113.6 million shares were admitted to trading on the London Stock Exchange's Main Market on Tuesday. Including the newly-admitted shares, it now has a total of 277.9 million issued shares, with no shares held in treasury.

Read more
3 Feb 2023 19:16

TRADING UPDATES: Residential Secure sees rental rise; PetroTal NPV up

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

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.