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Pin to quick picksEco (atlantic) Share News (ECO)

Share Price Information for Eco (atlantic) (ECO)

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Share Price: 10.25
Bid: 10.00
Ask: 10.50
Change: -0.05 (-0.49%)
Spread: 0.50 (5.00%)
Open: 10.20
High: 10.25
Low: 9.90
Prev. Close: 10.30
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TRADING UPDATES: Audioboom extends partnerships; Ecora eyes growth

Wed, 06th Mar 2024 18:07

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

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Audioboom Group PLC - Jersey-registered podcast publisher with offices in London and New York - Extends partnership with podcasts The Dim Dillon Show, Crime Weekly, True Crime Obsessed, Real Ghost Stories and I Think Not, which Audioboom says are key part of its creator network, contributing more than 90 million downloads to the network last year. Chief Executive Officer Stuart Last says: "We're so pleased to continue our work with five of our favourite podcasts. These shows trust Audioboom to deliver their technology, distribution and monetisation, and we look forward to a successful future together."

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Ecora Resources PLC - South and North America-focused royalty and streaming company providing capital to mining sector - Says continues to expect volume growth in 2024 at operations "underlying its producing royalty portfolio which, at current commodity price levels, would imply year-on-year portfolio contribution growth. In addition, Ecora's near-term development royalties are poised for significant de-risking events in the year ahead." Anticipates steel making coal production at Kestrel to increase at least 13% to between 1.8 and 2.0 million tonnes in 2024 from 1.6mt in 2023, but stay far below 4.1mt in 2022.

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Red Rock Resources PLC - Africa, South America and Australia-focused natural resource explorer and developer - Updates on its arbitration in the Democratic Republic of Congo regarding its USD10 million claim pursing in the country for its interest in the VUP copper-cobalt joint venture and regarding its gold assets and opportunities. Says it is in constant communication with its country representative, its lawyer, and its local partner and expects senior management to be in the Democratic Republic of Congo this or next week with a view to finalisation. Further, says a Red Rock team is in Kenya working on the renewal of the company's two licences. Looking ahead, Chair Andrew Bell says: "Gold is now trading at an all time high price, fulfilling predictions made for many months, and this will present us with more opportunities to crystallise and establish the value of our diversified gold portfolio, that contains early stage exploration, established Resources, and early and advanced stage development projects, as well as royalties."

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SolGold PLC - Ecuador-focused copper and gold exploration company - Signs a joint declaration in preparation of a complementary investment protection agreement with the government of Ecuador. SolGold says in addition to the USD311 million investment addressed by the current investment protection agreement, the complementary IPA there is a commitment to invest a total of USD3.2 billion over the subsequent years. Chief Executive Officer Scott Caldwell says: "The complementary investment protection agreement not only reinforces the protections for our key investment in Ecuador but also symbolizes a deepening of our relationship with the Ecuadorian State. President Noboa's attendance and insightful speech at the PDAC convention were warmly welcomed by the mining community and underscores the significant support of his administration for responsible mining in Ecuador."

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Westmount Energy Ltd - oil and gas investment firm focused on high impact drilling outcomes in emerging basins - Notes announcement by investee companies Africa Oil Corp and Eco Atlantic Oil & Gas Ltd regarding the farm-in of TotalEnergies. Africa Oil had announced a strategic agreement signed with units of TotalEnergies and QatarEnergy for the acquisition of participating interests in Block 3B/4B in the Orange Basin, offshore South Africa. The maximum transaction value is up to USD46.8 million.

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By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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1 Mar 2024 13:34

EARNINGS AND TRADING: Dar Global celebrates "outstanding" year

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

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22 Jan 2024 16:53

IN BRIEF: Eco Atlantic gets consent to farm out interest to Africa Oil

Eco (Atlantic) Oil and Gas Ltd - Oil and gas exploration company focused on the offshore Atlantic margins in South Africa, Namibia, and Guyana - Announces that its wholly owned subsidiary, Azinam Ltd, has received final government approval to farm out its 6.25% participating interest in Block 3B/4B to Africa Oil Corp. Further, gives notice to the Minister of Natural Resources of Guyana to enter the second phase of the second renewal period of the Orinduik License effective as of January 14. Second phase has a commitment to drill one exploration well to the cretaceous formation during the remainder of the license period which ends on January 13, 2026.

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22 Dec 2023 15:50

UK shareholder meetings calendar - next 7 days

Monday 25 December 
no events scheduled 
Tuesday 26 December 
no events scheduled 
Wednesday 27 December 
Tremor International LtdAGM
Thursday 28 December 
ADVFN PLCAGM
Altona Rare Earths PLCAGM
Beximco Pharmaceuticals LtdAGM
Global Petroleum LtdAGM
Visum Technologies PLCAGM
Friday 29 December 
Apollon Formularies PLCAGM
Eco Atlantic Oil & Gas LtdAGM
Genedrive PLCAGM
Goldplat PLCAGM
Lansdowne Oil & Gas PLCGM re capital raise
Marula Mining PLCAGM
Microsaic Systems PLCGM re fundraise
Online Blockchain PLCAGM
Secure Property Development & Investment PLCAGM
SkinBioTherapeutics PLCAGM
Tetragon Financial Group LtdAGM
Woodbois LtdAGM
Zambeef Products PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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12 Dec 2023 17:40

TRADING UPDATES: Celadon Pharma raises GBP2.0 million via placing

(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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30 Nov 2023 19:57

EARNINGS AND TRADING: Lendinvest completes securitisation

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

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15 Nov 2023 13:05

TRADING UPDATES: BiVictriX patent boost; 4Global deal extended

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

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9 Oct 2023 14:19

IN BRIEF: Eco Atlantic appoints Alice Caroll as executive director

Eco Atlantic Oil & Gas Ltd - Oil and gas exploration company focused on the offshore Atlantic Margins in South Africa, Namibia, and Guyana - Appoints Alice Carroll and Selma Usiku as directors of the company with immediate effect. Carroll is currently the Eco's head of corporate sustainability and joins the board as an executive director. She previously worked with Azinor Catalyst, a UK-focused oil and gas exploration company, before becoming the global marketing and investor relations manager for the Seacrest Azimuth Group. Meanwhile, Selma Usiku joins the board as a non-executive director with immediate effect.

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9 Oct 2023 09:53

AIM WINNERS & LOSERS: Mind Gym plunges on downbeat full-year outlook

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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30 Aug 2023 14:32

Eco Atlantic makes decent progress in first quarter

(Sharecast News) - Offshore oil and gas explorer Eco Atlantic updated the market on its first quarter on Wednesday, reporting cash and cash equivalents of $2.4m, with no outstanding debt.

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30 Aug 2023 12:02

IN BRIEF: Eco Atlantic Oil & Gas quarterly loss narrows on lower costs

Eco Atlantic Oil & Gas Ltd - oil and gas exploration of offshore Atlantic Margins - Net loss from continuing operations narrows to USD717,399 in the three months that ended June 30 from USD2.6 million a year before. Eco Atlantic has no operating revenue, but net operating costs are cut to USD350,180 from USD1.9 million and share-based compensation to USD111,512 from USD1.0 million. As of June 30, has USD2.4 million in cash, down from USD4.1 million on March 31. Highlights two recent acquisitions in Guyana and South Africa as part of its effort "to position the portfolio to continue creating high-impact catalysts for investors".

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10 Aug 2023 12:14

Eco Atlantic buys further interest in Orinduik from Tullow; shares up

(Alliance News) - Eco Atlantic Oil & Gas Ltd on Thursday announced it acquired an additional 60% interest in the Orinduik block offshore Guyana from a Tullow Oil PLC subsidiary.

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10 Aug 2023 11:59

LONDON MARKET MIDDAY: FTSE 100 flat, peers and pound up before US data

(Alliance News) - London's FTSE 100 underwhelmed on Thursday, as a slew of its heavyweights went ex-dividend, though blue-chip equities in mainland Europe were higher, showing no signs of pre-US inflation data angst and overlooking an acceleration in tensions between the world's two largest economies.

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10 Aug 2023 11:01

AIM WINNERS & LOSERS: Marks Electrical sales surge in "fast start"

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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1 Aug 2023 14:36

TRADING UPDATES: RentGuarantor loss widens, Journeo revenue soars

(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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