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Pin to quick picksEuropean Metals Holdings Share News (EMH)

Share Price Information for European Metals Holdings (EMH)

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Share Price: 22.75
Bid: 22.00
Ask: 23.50
Change: 0.00 (0.00%)
Spread: 1.50 (6.818%)
Open: 22.75
High: 23.25
Low: 22.75
Prev. Close: 22.75
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WINNERS & LOSERS SUMMARY: Airlines Slide After Ryanair Profit Warning

Mon, 01st Oct 2018 10:42

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - WINNERS----------United Utilities, up 3.0%. Deutsche Bank upgraded the water company to Buy from Hold.Barclays, up 1.0%. Berenberg raised the lender to Buy from Hold. ----------FTSE 100 - LOSERS----------Berkeley Group, down 2.2%, Persimmon, down 1.2%, Barratt Developments, down 0.9%, Taylor Wimpey, down 0.8%. The housebuilders were lower after UK Prime Minister Theresa May over the weekend announced plans for a stamp duty surcharge of between 1% and 3% to be imposed on sales of property to foreign nationals who do not pay UK tax. The money raised would go towards measures to tackle rough sleeping, and is designed to ease pressure on the housing market and make homes more affordable. Analysts at Shore Capital called the idea "ill-judged" and a move that plays on the idea that overseas house buyers leave the properties empty.----------FTSE 250 - WINNERS----------Thomas Cook, up 3.3%. Berenberg raised the travel agent to Hold from Sell. ----------FTSE 250 - LOSERS----------Just Group, down 8.8%. The life insurer said Chief Financial Officer Simon Thomas will step down from his role at the end of October. Thomas will be replaced by Deputy Chief Executive Officer and Managing Director of UK Corporate Business David Richardson in an interim capacity. Richardson was previously chief financial officer of Partnership Assurance Group from 2013 to 2016. Just Group was forged from the merger of Just Retirement and Partnership Assurance in 2016. The financial services company said the search for Thomas' successor is underway and an announcement will be made in due course.----------OTHER MAIN MARKET AND AIM - WINNERS----------European Metals, up 14%. The miner said it has received permission from the relevant authorities in the Czech Republic for a diamond drilling campaign on the Cinovec Lithium-Tin Project. A total of 13 drill holes for a total length of 3,386 metres have been permitted, and is aimed at converting a sufficient portion of the existing Indicated mineral resource to the Measured resource category to cover the first two years of the scheduled mining plan. A total of eight diamond drill holes will be completed for 2,560 metres, and then a second round of drilling will be conducted to extend coverage to the first five years of mining may be conducted depending on discussion with financial entities.----------OTHER MAIN MARKET AND AIM - LOSERS----------Ryanair, down 8.5%. The Irish airline lowered its profit guidance for its current financial year due to strikes, lower traffic and higher oil prices. Profit guidance for the year to the end of March 31, 2019, was lowered to a range of EUR1.10 billion to EUR1.20 billion, from EUR1.25 billion to EUR1.35 billion, as a result of lower traffic and weaker fares in September, caused by two years of coordinated strikes across Europe. For 2018 financial year, pretax profit increased 10% year-on-year to EUR1.61 billion from EUR1.47 billion in 2017 financial year. The company also attributed the cut in profit guidance to increased care and re-acommodation expenses as a result of strikes and fall in forward bookings. Shares in blue chip rivals easyJet and International Consolidated Airlines Group were down 3.6% and 1.0% respectively, while midcap peer Wizz Air was down 3.6%. ----------Big Sofa Technologies, down 57% at 3.0p. The video analytics provider announced plans to raise GBP1.7 million through a subscription of 56.2 million shares at 3.0 pence per share. Novum Securities will unconditionally subscribe for 33.3 million shares, and will be appointed as a joint broker to the company. Ipsos has subscribed for 11.4 million shares, which is conditional on the resolutions being approved at Big Sofa next general meeting on October 18. Proceeds will go towards funding the company's working capital requirements, in particular funding investment into research & developments, as well as expanding Big Sofa's sales and marketing activities, especially in the US. In addition, for the first half of 2018, Big Sofa reported a narrowed pretax loss of GBP1.8 million from GBP2.2 million the year before, due to fall in administrative expenses to GBP2.2 million from GBP2.5 million.----------
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7 May 2024 20:22

TRADING UPDATES: Abingdon Health buys IVDeology Holdings

(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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25 Apr 2024 20:57

TRADING UPDATES: Norcros sells Johnson Tiles UK; Trifast trading well

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

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11 Apr 2024 16:02

European Metals reports success in Cinovec pilot lithium programme

(Sharecast News) - European Metals announced a significant milestone on Thursday, with the successful production of lithium hydroxide monohydrate from pregnant leach solution generated during the recent larger-scale Cinovec pilot programme.

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11 Apr 2024 10:53

UPDATE: European Metals produces lithium hydroxide monohydrate

European Metals Holdings Ltd - Czech Republic-focused mineral exploration and development - Produces lithium hydroxide monohydrate from pregnant leach solution, which was manufactured during the recent larger-scale Cinovec pilot programme. Says the pilot programme confirms the viability of the lithium chemical plant process flow sheet for the industrial-scale production of lithium carbonate and lithium hydroxide. Chair Keith Coughlan says: "We are extremely pleased with the results from the lithium hydroxide test program. The lithium hydroxide produced was of the highest grade possible and exceptionally clean. This, when combined with the ability to produce either battery-grade lithium carbonate or hydroxide, enables a wider range of off-takers for the Cinovec product." Cadence Minerals PLC, an investment and development company focused on energy transition minerals which owns a 3.2% stake in European Metals, positively notes the firm's update.

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11 Apr 2024 09:51

IN BRIEF: European Metals produces lithium hydroxide monohydrate

European Metals Holdings Ltd - Czech Republic-focused mineral exploration and development - Produces lithium hydroxide monohydrate from pregnant leach solution, which was manufactured during the recent larger-scale Cinovec pilot programme. Says the pilot programme confirms the viability of the lithium chemical plant process flow sheet for the industrial-scale production of lithium carbonate and lithium hydroxide. Chair Keith Coughlan says: "We are extremely pleased with the results from the lithium hydroxide test program. The lithium hydroxide produced was of the highest grade possible and exceptionally clean. This, when combined with the ability to produce either battery-grade lithium carbonate or hydroxide, enables a wider range of off-takers for the Cinovec product."

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27 Mar 2024 12:50

European Metals confident in timeline of Cinovec feasibility study

(Sharecast News) - European Metals Holdings updated the market on progress at the Cinovec Project in the Czech Republic on Wednesday, owned by its 49% subsidiary Geomet, focusing on the ongoing definitive feasibility study.

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27 Mar 2024 12:20

Cadence Minerals expects review at lithium project to improve outcome

(Alliance News) - Cadence Minerals PLC announced on Wednesday that a review is underway at the Cinovec lithium project in the Czech Republic.

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31 Jan 2024 14:29

EARNINGS AND TRADING: Hydrogen Future loss widens; Quantum revenue up

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

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29 Jan 2024 15:18

European Metals extends all four Cinovec licences

(Sharecast News) - European Metals Holdings announced the extension of all four Cinovec exploration licences on Monday, until 31 December 2026.

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29 Jan 2024 14:06

European Metals extends exploration licences for Cinovec project

(Alliance News) - European Metals Holdings Ltd on Monday said it had granted an extension to all four Cinovec exploration licences.

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22 Dec 2023 11:44

IN BRIEF: European Metals shares fall 20% as Cinovec work delayed

European Metals Holdings Ltd - Czechia-focused mineral exploration and development company - Says delivery of definitive feasibility study for the Cinovec lithium project in the Czech Republic is now scheduled for the first quarter of 2024. Says approval granted for timetable extension so Geomet and project study team, DRA Global and Bara Consulting, can complete capital and operating cost estimation, and project implementation scheduling. Says process of obtaining sufficient and diverse proposals, from "numerous" external suppliers and contractors, will take longer than originally planned. Company "believes it is prudent to allow the necessary time to complete the study to the highest standard". Says it does not expect extension to impact the overall project timeline, and that permitting is "already well underway". Cadence Minerals PLC, which holds approximately 5.3% of the equity in European Metals, is "pleased to note" the announcement.

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15 Dec 2023 15:58

UK shareholder meetings calendar - next 7 days

Monday 18 December 
Ascential PLCGM re proposed sale of digital commerce business
Braemar PLCAGM
Eqtec PLCEGM re capital reorganisation
Fandango HoldingsAGM
Grit Real Estate Income Group LtdAGM
LondonMetric Property PLCGM re revised directors' remuneration policy
Nightcap PLCAGM
Surface Transforms PLCGM re fundraising
TechFinancials IncAGM
Tuesday 19 December 
dotdigital Group PLCAGM
easyJet PLCGM re buy of 157 A320neo family aircraft
Microsaic Systems PLCGM re fundraising
Netcall PLCAGM
Orosur Mining IncAGM
Technology Minerals PLCAGM
Zanaga Iron Ore Co LtdAGM
Wednesday 20 December 
AVI Global Trust PLCAGM
Lift Global Ventures PLCAGM
Northamber PLCAGM
RM Infrastructure Income PLCGM re managed wind-down
SolGold PLCAGM
Thursday 21 December 
Beacon Energy PLCAGM
Beeks Financial Cloud Group PLCAGM
Coinsilium Group LtdAGM
Conroy Gold & Natural Resources PLCAGM
Gfinity PLCAGM
Helium Ventures PLCAGM
Karelian Diamond Resources PLCAGM
Kin & Carta PLCCourt and GM re takeover by Apax Partners LLP 
Macau Property Opportunities Fund LtdAGM
Pathfinder Minerals PLCGM re proposed GBP1.3 million fundraise
ScS Group PLCGM re takeover by Cerezzola
VietNam Holding LtdAGM
VietNam Holding LtdEGM re introducing redemption facility
Friday 22 December 
Corcel PLCAGM
European Metals Holdings LtdAGM
Tlou Energy LtdGM re approval to issue convertible loan to ILC Investments Pty Ltd
Wildcat Petroleum PLCAGM
  
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9 Nov 2023 12:54

EARNINGS AND TRADING: Wincanton profit down; James Cropper ups payout

(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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31 Oct 2023 14:23

TRADING UPDATES: Amaroq wins two new exploration licences in Greenland

(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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2 Oct 2023 21:51

IN BRIEF: European Metals reports narrowed annual loss

European Metals Holdings Ltd - Czechia-focused mineral exploration and development company - On Friday, reports a pretax loss of USD5.9 million in the year ended June 30, narrowed from a loss of USD6.8 million the year prior. Loss narrows as company records finance income of USD479,783 in the year, up from USD44,783 the previous year and its share based payments reduce to USD1.9 million from USD2.9 million. Also swings to a foreign exchange gain of USD145,858 from a loss of USD16,544 the year prior.

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