The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCurzon Energy Share News (CZN)

  • This share is currently suspended. It was suspended at a price of 0.775

Share Price Information for Curzon Energy (CZN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.775
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: 0.775
CZN 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: UP Global in strong interims; Sylvania quarter solid

Fri, 29th Apr 2022 16:42

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

----------

UP Global Sourcing Holdings PLC - Oldham, Greater Manchester-based consumer brands owner trading as Ultimate Products - For the six months ended January 31, pretax profit rises 36% to GBP9.8 million from GBP7.2 million, on revenue which grows 14% year-on-year to GBP85.7 million from GBP75.4 million, driven by strong performances from Supermarkets and its acquisition of homewares brand Salter. Declares interim dividend of 2.3 pence per share, up 36% from 1.69p a year prior. Looking ahead, the company expects its annual performance to be in line with market expectations.

----------

Sylvania Platinum Ltd - Bermuda-based platinum group metals producer - For the third quarter ended March 31, Sylvania Dump operation delivers 15,840 4E PGM ounces, up from 16,605 ounces the previous quarter. As a result, SDO net revenue climbs to USD47.9 million from USD38.8 million in the second quarter, while group earnings before interest, tax, depreciation and amortisation rises to USD30.0 million from USD22.3 million. Reaffirms annual production guidance of 66,000 to 68,000 ounces.

----------

Future Metals NL - Perth-based platinum exploration company - In update for the three months ended March 31, says assay results received for Panton PGM project from eight resource definition holes all demonstrate significant mineralisation over broad, shallow intercepts. A review of geophysical and geological data is underway, while an updated mineral resource estimate remains on track for the second quarter.

----------

URA Holdings PLC - strategic minerals exploration in southern and central Africa - For 2021, pretax loss widens to GBP289,000 from GBP173,000 the period before, as a result of higher administrative expenses as the company continues to develop its recent acquisition of Malaika Exploration Ltd, which holds two exploration licences in Zambia.

----------

Galantas Gold Corp - Northern Ireland-focused gold producer - Reports no revenue generated in 2021, in line with the year before. Net loss for the year widens to CAD5.3 million from CAD3.2 million, through higher administrative costs. Also on Friday, announces expansion to its current prospecting licence holding in County Leitrim in Ireland. This will increase the company's total exploration land package by 47.8 square kilometres to 159.4 square kilometres.

----------

Carclo PLC - West Yorkshire-based plastic parts manufacturer - Expects to report a strong performance for the year ended March 31, with underlying profit on track to be in line with expectations, and revenue growth set to be ahead of expectations. Looking ahead, although demand in key markets remain strong in the current financial year, Carclo notes significant headwinds from the spread of Covid-19 in China and India, and the war in Ukraine. As a result, it is anticipated that trading in the early months of the current financial year will remain challenging.

----------

Curzon Energy PLC - investor and developer in US based natural gas projects - For 2021, pretax loss widens to USD860,463 from USD617,574 the year before, due to higher administrative expenses and a USD125,000 charge for reclamation obligations associated with the Coos Bay project. Currently generates no revenue, and relies on loans to meet its overhead costs. Remains in an exclusivity period with Poseidon Enhanced Technologies for a reverse takeover of Curzon, which on Thursday had the period extended to June.

----------

Altus Strategies PLC - Oxfordshire, England-based mining royalty company - For 2021, pretax loss widens to GBP5.7 million from GBP2.1 million the year before, as administrative and exploration costs rise and revenue declines 12% to GBP318,496 from GBP361,425. During the year, the company acquired a 0.418% net smelter return royalty on the Caserones copper mine in Chile for USD34.1 million.

----------

Ferro-Alloy Resources Ltd - vanadium miner with operations in Kazakhstan - Revenue rises 96% to USD4.7 million in 2021 from USD2.3 million the year before, allowing pretax loss to narrow to USD2.8 million from USD3.9 million. Vanadium output for the year increases 9.4% to 260 tonnes, and achieves first sales of ferro-molybdenium. Looking ahead, outlook for 2022 has improved with an increased capacity for the third roasting oven, and expectations of higher revenue from the nickel recovery project.

----------

TruFin PLC - financial technology firm - For 2021, pretax loss narrows to GBP8.4 million from GBP8.9 million, on lower expenses including staff costs, more than offsetting a 12% year-on-year decline in gross revenue to GBP13.1 million from GBP14.8 million, as a result of lower interest and publishing income. For the first quarter of 2022, revenue will be no less than GBP2.5 million, in line with the same period a year prior.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
28 Sep 2023 18:29

EARNINGS: Cizzle Biotechnology loss widens as admin costs mount

(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
26 May 2023 13:50

IN BRIEF: Curzon exclusivity period for reverse takeover passes

Curzon Energy PLC - London-based investor and developer in US based natural gas projects - Says exclusivity period with Technology Metals Market has passed. Continues to have "active discussions" with Technology Metals Markets regarding a potential reverse takeover involving Curzon, despite the expiry of exclusivity rights.

Read more
11 May 2023 16:39

Curzon Energy says Technology Metals Market extends exclusivity period

(Alliance News) - Curzon Energy PLC on Thursday said Technology Metals Market Ltd informed it of a further extension of the existing exclusivity period until Friday next week, under the terms of the letter of intent signed last month.

Read more
28 Apr 2023 16:18

EARNINGS SUMMARY: Vox Valor loss widens; Curzon reverse takeover woes

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

Read more
19 Apr 2023 13:37

IN BRIEF: Curzon Energy in reverse takeover talks, ends other talks

Curzon Energy PLC - London-based investor and developer in US based natural gas projects - In talks with Technology Metals Market Ltd over reverse takeover, after executing a letter of intent which has begun an initial 18-day period of exclusivity to conduct due diligence on each other. Says both parties have agreed to work towards execution and delivery of a definitive purchase agreement. Technology Metals Market will also provide Curzon Energy a working capital facility of up to GBP750,000 in the form of a one-year loan note, carrying an annual interest rate of 10% and convertible at the price of any subsequent share issue alongside the potential reverse takeover transaction. Says it will continue to update the market on progress as appropriate.

Read more
1 Dec 2022 14:30

TRADING UPDATES: Mortgage Advice expects profit below expectations

(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
27 Sep 2022 17:42

EARNINGS UPDATES: Transence Tech swings to profit; Curzon widens loss

(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
15 Jul 2022 21:26

TRADING UPDATES: Premier Miton assets dip; Challenger Energy CFO quits

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

Read more
1 Apr 2022 19:22

IN BRIEF: Curzon Energy extends Poseidon deal exclusivity to May 1

Curzon Energy PLC - investor and developer in US based natural gas projects - Poseidon Enhanced Technologies has further extended the existing exclusivity period to May 1, 2022.

Read more
2 Mar 2022 20:28

TRADING UPDATES: MediaZest virus hit; SpaceandPeople Network Rail deal

(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
23 Feb 2022 20:11

TRADING UPDATES: BiVictriX expands development; Okyo wins US patent

(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
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
4 Jan 2022 16:03

IN BRIEF: Curzon Energy reports extension of Poseidon deal exclusivity

IN BRIEF: Curzon Energy reports extension of Poseidon deal exclusivity

Read more
29 Oct 2021 19:11

TRADING UPDATES: Norish in wholesale changes; Oilex wins deal

TRADING UPDATES: Norish in wholesale changes; Oilex wins deal

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.