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: 1.45
High: 1.45
Low: 1.40
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
25 Oct 2018 13:53

Eurasia Mining West Kytlim Platinum Drilling Exceeds Expectations

LONDON (Alliance News) - Eurasia Mining PLC said Thursday drilling at its West Kytlim mine in the Urals mountains in central Russia has been completed with total produced raw platinum "well a

Read more
28 Sep 2018 14:53

Eurasia Mining Loss Narrows In First Half On Lower Operating Expenses

LONDON (Alliance News) - Eurasia Mining PLC on Friday said said its pretax loss narrowed in the first half of 2018 as it managed to reduce its operating costs.The platinum and gold producer

Read more
24 Sep 2018 10:04

Eurasia Mining Progresses West Kytlim Production, Starts On Kluchiki

LONDON (Alliance News) - Platinum and gold miner Eurasia Mining PLC said on Monday the West Kytlim mine in the Ural Mountains, Russia has continued to exceed management expectations in terms of of

Read more
14 Aug 2018 17:31

Eurasia Mining Secures GBP371,000 Following Lender Warrants Exercise (ALLISS)

LONDON (Alliance News) - Eurasia Mining PLC said Tuesday it has received notice of exercise of warrants for 109.2 million shares in the company by convertible loan note holder YA II PN in Eurasia

Read more
24 Jul 2018 16:04

Eurasia Mining Reports Positive Production Season, Awaits Mine Permit

LONDON (Alliance News) - Eurasia Mining PLC on Tuesday said it saw a positive production results from its West Kytlim mine while awaiting for the Monchetundra mine permit in Russia.Prior to

Read more
3 Jul 2018 09:33

Eurasia Mining Gets Monchetundra Mine Permit Approved

LONDON (Alliance News) - Gold producer Eurasia Mining PLC said Tuesday that the Russian Ministry of Economic Development has approved the Monchetundra mine permit application.The mine for 2

Read more
13 Jun 2018 11:32

Eurasia Mining Makes Progress On Monchetundra Mine Permit Application

LONDON (Alliance News) - Platinum and gold miner Eurasia Mining PLC said Wednesday that its mine permit approval for Monchetundrea in Russia has been approved by the Federal Securities Board and 2

Read more
23 May 2018 16:03

Eurasia Says West Kytlim Producing 1.8 Kilograms Of Raw Platinum Daily

LONDON (Alliance News) - Eurasia Mining PLC said Wednesday that the fully operational West Kytlim mine located in Russia has been producing up to 1.8 kilograms of raw platinum on a daily West raw

Read more
10 May 2018 12:51

Eurasia Mining Pleased With Early Production, Raises GBP500,000 (ALLISS)

LONDON (Alliance News) - Eurasia Mining PLC on Thursday said operations at its West Kytlim mine are now back up and running following the winter while also raising funds to reduce a debt were 12%

Read more
9 Mar 2018 10:03

Eurasia Mining Begins Site Work For New West Kylim 2018 Field Season

LONDON (Alliance News) - Platinum group metals and gold producer Eurasia Mining PLC said on Friday it has started site works for the 2018 field season on its West Kylim in the

Read more
17 Jan 2017 15:21

Eurasia Mining Says Potential Royalty Agreement Will Not Go Ahead

Read more
22 Dec 2016 16:43

Eurasia Mining makes good progress in Ural Mountains

(ShareCast News) - Eurasia Mining provided an update on its West Kytlim and Monchetundra projects on Thursday, having commenced mining operations at its 75% owned West Kytlim Alluvial Platinum Mine in the Ural Mountains in the autumn. The AIM-traded firm said at that project, shipments of raw platin

Read more
22 Dec 2016 12:21

Eurasia Mining Says West Kytlim Project Performing Well

Read more
21 Nov 2016 10:47

Eurasia Mining to de-risk platinum project

(ShareCast News) - AIM-listed explorer Eurasia Mining has granted permission to Lemuria Royalties of Canada to conduct due diligence on its platinum mine in Russia in order to reduce risk on development of the project. Its subsidiary, Terskaya Gornaya Kompaniya granted exclusivity to Lemuria to cond

Read more
21 Nov 2016 10:39

Eurasia Eyes Royalty Structure Deal To De-Risk Monchetundra Project

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.