The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEurasia Mining Share News (EUA)

Share Price Information for Eurasia Mining (EUA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.45
Bid: 1.40
Ask: 1.50
Change: 0.00 (0.00%)
Spread: 0.10 (7.143%)
Open: 1.50
High: 0.00
Low: 0.00
Prev. Close: 1.45
EUA 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: AEW UK REIT appoints new chair; Oberon raises money

Tue, 19th Sep 2023 17:30

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

----------

AEW UK REIT PLC - London-based real estate investment trust for UK regional commercial property - Appoints Robin Archibald to board from October 1. He will replace outgoing Chair Mark Burton at the 2024 annual general meeting. The company's last AGM was on September 14. Archibald is the former head of corporate finance and broking at Winterflood Investment Trusts and was chair of Albion Technology Venture Capital Trust. Archibald joins the board alongside Liz Peace, who joins as non-executive director on October 1. Peace was a "key player" in the creation of Farnborough, Hampshire-based defence technology company QinetiQ PLC in 2001 and was chief executive officer of the British Property Federation, where she played a "significant" role in the creation of the UK's Real Estate Investment Trust structure.

----------

Barkby Group PLC - investor in roadside property and in consumer and life sciences companies - Notes that subsidiary Cambridge Sleep Sciences grants five-year global license to Mammoth International Ltd, enabling it to manufacture a Smart Mattress via CSS's SleepEngine platform. Under the contract, Mammoth will pay CSS a royalty of GBP75 per single mattress and GBP150 per double mattress it produces. CSS CEO Julian Stone says: "We're delighted to be working with Mammoth, helping it to enhance its product range with a new Smart Mattress. Mammoth has strong credentials, particularly in specialist health and sport mattresses and our technology is a natural extension of their design ethos." Company adds that CSS is in advanced negotiations with "several household names" on several multi-year enterprise licensing deals for its SleepEngine technology.

----------

Bivictrix Therapeutics PLC - biotechnology company focusing on cancer therapies - In the first half of 2023, pretax loss narrows to GBP1.4 million from GBP1.6 million a year prior, with the loss being the same as operating costs for both periods. Looking ahead, Chief Executive Officer Tiffany Thorn says: "I am very encouraged by the growth we have made towards future-proofing the company, supported by notable progress towards moving our lead asset, BVX001, towards the clinic and broadened internal capabilities and know-how." After BVX001 has received a patent in the US for broad protection until 2039, the company is eyeing a further granted patent in Japan in the next weeks.

----------

Eurasia Mining PLC - London-headquartered, mining and mineral exploration company formerly focused on Russia - Pretax loss in the six months to June 30 widens to GBP7.4 million from GBP7.2 million a year prior, as loss classified as "other" increases to GBP6.4 million from GBP2.8 million. Notes that the first half of 2023 was mostly focused on selling its Russian assets. Chair Christian Schaffalitzky says: "We recognise that, in relation to the potential asset sale, it may be a source of frustration for shareholders that we cannot report on specific counterparties, the nature of our discussions, and the ongoing processes in more detail. This reflects the regulatory regime and the many confidentiality agreements that govern this activity. However, although there can be no guarantees, all the Eurasia board members are engaged in contributing towards a successful outcome to this process, and we look forward to providing our shareholders with further updates as appropriate."

----------

Goldstone Resources Ltd - Ghana-focused gold producer and explorer - Expects to release 2022 results in the next 2 to 3 weeks, with the audit process taking longer than expected due to Moore Stephens Audit & Assurance Jersey Ltd needing time to on-board the company and its Ghanaian subsidiary. Moore Stephens has been Goldstone's auditor since June. Further, Goldstone says it is in discussions with Asia Investment Management Services Ltd to seek an appropriate extension to its secured gold loan facility which is due to mature on September 30. Regarding results for the first half of 2023 which are due at the end of the month, the company aims to release them shortly after publishing its 2022 results.

----------

Oberon Investments Group PLC - investment management, wealth planning and corporate broking group - Raises GBP2.5 million via conditional placing of 69.4 million shares at 3.6 pence each. Proceeds will be used to support expansion of the company's key business divisions, and the expected appointment of new revenue generating teams to speed up growth across Oberon. Placing of the shares is conditional on approval from shareholders at the annual general meeting on Thursday. Looking ahead, CEO Simon McGivern says: "Oberon is anticipating considerable growth in 2023 and beyond, which will be bolstered by this placing. We warmly welcome our new institutional investors, alongside the continued support from our existing investor base." Further, company announces retail offer to raise up to GBP500,000 via the Winterflood Retail Access Platform, via issuing 13.9 million shares at 3.6p each.

----------

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
2 Mar 2022 19:27

TRADING UPDATES: Eden Research, Abingdon guide for weaker results

(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
2 Mar 2022 11:44

Eurasia Mining refutes speculation on Russia sanctions, share sales

(Sharecast News) - Palladium, platinum, rhodium, iridium and gold producing company Eurasia Mining updated the market on Wednesday, amid apparent speculation that its staff had sold shares, and that it was somehow connected with sanctions being placed on Russia.

Read more
25 Feb 2022 16:58

LONDON MARKET CLOSE: FTSE 100 rebounds after Ukraine-driven sell-off

(Alliance News) - The FTSE 100 index staged an impressive rebound on Friday to end the week overall with just modest losses, though Russia's invasion of Ukraine continues to cast a shadow over markets.

Read more
25 Feb 2022 12:49

Eurasia Mining says sanctions will have 'no impact' on operations

(Sharecast News) - Russian palladium, platinum, rhodium, iridium and gold producer Eurasia Mining responded to the latest sanctions on Russia from the UK, the EU and the US on Friday, issuing a statement in a bid to reassure shareholders.

Read more
25 Feb 2022 11:48

AIM WINNERS & LOSERS: Eurasia Mining up as says unscathed by sanctions

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

Read more
25 Feb 2022 11:25

Eurasia Mining rises as operations unaffected by sanctions on Russia

(Alliance News) - Eurasia Mining PLC shares soared on Friday after the miner said that the sanctions imposed on Russia due to its invasion of Ukraine would not impact its operations or keep it from executing its strategy.

Read more
14 Feb 2022 22:19

TRADING UPDATES: BioPharma backs Collegium; Eurasia creates Kola

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

Read more
8 Feb 2022 15:18

IN BRIEF: Eurasia Mining makes progress on sale of assets

IN BRIEF: Eurasia Mining makes progress on sale of assets

Read more
8 Feb 2022 10:47

Eurasia Mining rises on reserves and resources update

(Sharecast News) - Eurasia Mining shares rose following an update on its reserves and resources on Tuesday, as it continued the process to sell "substantially all" of its assets to an unnamed buyer.

Read more
14 Jan 2022 16:25

IN BRIEF: Eurasia Mining up 10% after "company making" discovery

IN BRIEF: Eurasia Mining up 10% after "company making" discovery

Read more
6 Jan 2022 15:20

Eurasia Mining shares soar as dividend policy offers more transparency

Eurasia Mining shares soar as dividend policy offers more transparency

Read more
30 Dec 2021 16:58

LONDON MARKET CLOSE: FTSE 100 dips as traders eye Omicron surge

LONDON MARKET CLOSE: FTSE 100 dips as traders eye Omicron surge

Read more
30 Dec 2021 11:29

AIM WINNERS & LOSERS: UniVision Hong Kong contract hits snag

AIM WINNERS & LOSERS: UniVision Hong Kong contract hits snag

Read more
30 Dec 2021 08:58

LONDON MARKET OPEN: Muted open as record house prices ignored

LONDON MARKET OPEN: Muted open as record house prices ignored

Read more
30 Dec 2021 07:55

Eurasia Mining joins with H4Energy on hydrogen and ammonia projects

Eurasia Mining joins with H4Energy on hydrogen and ammonia projects

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.