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Share Price: 0.12
Bid: 0.11
Ask: 0.13
Change: -0.01 (-7.69%)
Spread: 0.02 (18.182%)
Open: 0.135
High: 0.1225
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TRADING UPDATES: Mobile Streams sees sales multiply; Corcel gets funds

Tue, 25th Oct 2022 20:58

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

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Oxford BioDynamics PLC - Oxford-based biotechnology firm focused on discovery and development of epigenetic biomarkers - Receives valid acceptances for 1.1 million open offer shares. Raises total gross proceeds of around GBP216,561. Raises a total of GBP9.3 million via a placing, subscription and the open offer.

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Corcel PLC - London-based mining and mineral resource development company - Says the funds for NPC's subscription for 50.0 million shares at a price of 0.4 pence per new share have been sent. Following admission, its total issued share capital will consist of 580.2 million shares, with one voting right per share.

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Frasers Group PLC - Shirebrook, England-based retail group which owns stores House of Fraser and Sports Direct - Holds 691.3 million MySale Group PLC shares representing around 66% of MySale's entire issued share capital. In August, it announced its firm intention to make an offer for MySale.

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Parsley Box Group PLC - Edinburgh-based meal delivery - Confirms that 2022 trading remains in line with market guidance. Holds cash reserves in excess of GBP3.5 million. Says its in the process of assessing the various potential sources of capital available to the Company to fund its medium-term growth plans.

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Mobile Streams PLC - London-based mobile content provider - Says its first non-fungible token whitelist 'drop' for the Mexican National team sold out over the weekend. Says the NFTs were sold for USD50 each with the price of these NFTs rising to USD100 by 1500 Mexico time. Total sales from the drop are currently in excess of USD60,000 and continue to rise. Revenue in the third quarter of 2022 amounts to USD620,000, more than multiplied year-on-year.

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GRIT Investment Trust PLC - invests in small and mid-capitalisation natural resources and mining companies - Says GBP52,500 principal of existing convertible loan notes held by Directors Malcolm Burne and Richard Lockwood have been converted into 2.1 million new shares at a conversion price of 2.5 pence per share.

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Guanajuato Silver Co Ltd - silver producer in Mexico - Completes its admission to the Apex segment of the Aquis Stock Exchange and started trading at 0800 GMT on Tuesday. The company's shares will also continue to trade on the TSX Venture Exchange. "As we continue to grow our silver production profile both through the optimization of our existing operations and through further mine acquisitions, we will also look to grow our shareholder base in the United Kingdom through the facilities of the Aquis Exchange," Chief Executive James Anderson comments.

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Synthomer PLC - Essex-based chemicals maker - Non-executive director Lee Hau Hian buys 60,000 shares at GBP1.01997, resulting in a total transaction amount of GBP61,198.20.

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By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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13 Jun 2023 14:38

Corcel reports positive preliminary results from Mt Weld drilling

(Sharecast News) - Corcel revealed the preliminary drilling outcomes from its joint venture with Riversgold at the Mt Weld rare earth elements (REE) project on Tuesday.

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12 Jun 2023 11:56

Corcel sells interest in Wowo Gap nickel project in Papua New Guinea

(Alliance News) - Corcel PLC on Monday said it has sold its entire 100% interest in the Wowo Gap nickel project in Papua New Guinea to Integrated Battery Metals Pte Ltd.

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2 Jun 2023 19:20

IN BRIEF: Corcel completes acquisition of 90% stake in Atlas Petroleum

Corcel PLC - Australia, Papua New Guinea and Canada-focused mining and mineral resource development company - Completes the acquisition of its 90% interest in Atlas Petroleum Exploration Worldwide Ltd following the signing of risk service contracts in Angola. The Atlas Petroleum portfolio has three main interests: KON-11, KON-12 and KON-16. These licences contain 21 historical wells in total.

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24 May 2023 14:32

Corcel acquires 90% of Atlas Petroleum for GBP800,000, paid in shares

(Alliance News) - Corcel PLC on Wednesday said it has signed a deal to acquire 90% interest in Atlas Petroleum Exploration Worldwide Ltd.

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5 May 2023 21:48

IN BRIEF: Corcel's joint venture partner begins drilling in Australia

Corcel PLC - Pupa New Guinea, Canada, UK and Australia-focused exploration and development company, with interests in battery metals including nickel, cobalt, and rare earth elements - On Tuesday, says its joint venture partner, Riversgold Ltd, has begun a drill campaign at the Mt Weld rare earth elements project in Western Australia. The programme will test three discrete magnetic anomalies that may represent extension of the Mt Weld carbonatite intrusive complex, the company says.

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5 May 2023 11:13

IN BRIEF: Corcel announces partial sale of Mount Weld to shareholder

Corcel PLC - London-based mining and mineral resource development company - Sells 20% interest in its Mount Weld rare earth element project to shareholder Extraction Srl for AUD1.0 million, or GBP533,805. Extraction currently holds a 9.6% interest in Corcel.

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19 Apr 2023 16:39

Corcel completes first tranche of cornerstone investor placing

(Alliance News) - Corcel PLC announced on Wednesday that it has achieved its initial fundraising objective, and that shares will be admitted to trading on Thursday.

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19 Apr 2023 15:43

UK shareholder meetings calendar - next 7 days

Thursday 20 April 
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Jarvis Securities PLCAGM
Relx PLCAGM
Segro PLCAGM
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SigmaRoc PLCAGM
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Anglo American PLCAGM
Breedon Group PLCAGM
Bunzl PLCAGM
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Croda International PLCAGM
Drax Group PLCAGM
Elementis PLCAGM
Global Invacom Group LtdAGM
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Persimmon PLCAGM
RIT Capital Partners PLCAGM
Trian Investors 1 LtdEGM re share redemption
Trian Investors 1 LtdAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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14 Apr 2023 17:47

IN BRIEF: Corcel says partner exercising buy-out rights for Mambare

Corcel PLC - Extractive industries exploration and development company - Says it has been notified by Battery Metals Pty Ltd, its partner on the Mambare licence, of its intention to exercise its pre-emption rights and buy out Corcel's 41% interest in the nickel-cobalt project for an equivalent cash consideration to the battery metals joint venture announced March 1.

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4 Apr 2023 11:49

Corcel exercises option to acquire Canegrass Lithium Project

(Sharecast News) - Exploration and development country Corcel has exercised its option to acquire the Canegrass Lithium project in Western Australia, it announced on Tuesday.

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4 Apr 2023 11:13

Corcel to acquire Canegrass Lithium project for GBP200,000

(Alliance News) - Corcel PLC said on Tuesday it is exercising the option to acquire Canegrass Lithium project in Western Australia from Huntsman Exploration Inc.

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28 Mar 2023 14:24

Corcel Group completes equity placing with cornerstone investor

(Alliance News) - Corcel PLC said on Tuesday it completed an equity placing with an oil & gas focused cornerstone investor group.

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20 Mar 2023 09:48

Corcel interim loss wider; looks to spin-out nickel assets, buy in oil

(Alliance News) - Corcel PLC on Monday reported a slightly larger loss in the six months that ended December 31, as it looks to restructure its asset portfolio.

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7 Mar 2023 18:02

TRADING UPDATES: Corcel renews license; GreenX raises GBP3.9 million

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

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1 Mar 2023 12:57

Corcel agrees joint venture to restructure battery metal assets

(Alliance News) - Corcel PLC on Wednesday said it has agreed with Integrated Energy Metals to restructure the former's PNG battery metals assets into a new joint venture vehicle called Integrated Battery Metals.

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