PYX Resources: Achieving volume and diversification milestones. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGunsynd Share News (GUN)

Share Price Information for Gunsynd (GUN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.14
Bid: 0.13
Ask: 0.15
Change: 0.00 (0.00%)
Spread: 0.02 (15.385%)
Open: 0.14
High: 0.14
Low: 0.14
Prev. Close: 0.14
GUN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS AND TRADING: Fiske swings to profit, Aterian starts Rwanda JV

Tue, 24th Oct 2023 17:27

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

----------

Triple Point Venture VCT PLC - London-based investor in early-stage small and medium-sized enterprises - Net asset value per share falls to 99.61 pence at August 31, from 102.17p at February 28. Portfolio has continued to grow to GBP7.2 million during the half year ended August 31, with five new qualifying investments and eight follow-on investments. Company also says subscription offer, which closed in late July, has raised GBP15.0 million and resulted in issuance of 14.2 million new shares. Says the current "mediocre macro environment" is likely to continue for now, but so should demand for its portfolio companies' solutions, leaving its existing portfolio well-positioned for future growth.

----------

Fiske PLC - London-based stockbroker and investor - Revenue for year ended June 30 increased 2.0% to GBP5.9 million from GBP5.8 million the year before, largely due a resurgence in interest income towards the end of the year. Company also swings to GBP315,000 profit from a GBP349,000 loss. Operating expenses totalled GBP5.8 million, down 8.3% from GBP6.3 million. Fiske says it will continue investing in automation technologies, and has conducted a comprehensive review of its fee structure in light of rising costs. Says it has "begun to see the benefits of these new rates in the first few months of the new financial year."

----------

Thruvision Group PLC - Abingdon, England-based people-screening technology provider - Placed on Monday 13.4 million shares at 23.5 pence each. On Tuesday says placing successfully raised desired GBP3.2 million, including a strategic investment by Pentland Capital Ltd of Pentland Group. Pentland subscribed for at least GBP2.5 million with a view to acquiring a minimum 10% shareholding in Thruvision over time. When issued, placing shares will represent around 9.2% of Thruvision's issued share capital. Company says proceeds will be used for continued investment in its sales and marketing capabilities, and delivering key new software functionality.

----------

Panther Metals PLC - Hertfordshire, England-based investor in mining companies - Notes start of pre-drilling activities by Fulcrum Metals, in which it has a 20% stake, at the Tully gold project in Ontario, Canada.

----------

Gunsynd PLC - London-based investor in companies and projects within the natural resources, life sciences and beverage sectors - Notes announcement by investee Omega Oil & Gas Ltd on its Basin-Centered Gas drilling campaign. Omega claims estimated maiden gross 2C contingent resources of 1.73 trillion cubic feet and 3C resources of 4.5 TCF across its holdings in Taroom Trough in Queensland. Net 2C resources comprise 1.51 TCF gas and 68.6 million barrels of condensate. Omega says reservoirs have strong growth potential, with further assessment to be considered on other hydrocarbon-bearing reservoirs within the "highly prospective" Kianga formation and the Back Creek group. Omega also completed a USD21 million capital raising in early August which fully funds the next stage of exploration and appraisal."

----------

Oneiro Energy PLC - London-based special purpose acquisition company focused on energy transition, primarily away from oil - Operating loss for half year ended July 31 widened to GBP277,680 compared to GBP135,803 the year before. Pretax loss widened to GBP273,255 from GBP126,953. Cash balance at July 31 was GBP969,924, up from GBP113,522 at the same time in 2022. Administrative expenses more than doubled to GBP277,680. Company says it is pleased with the quality of the opportunities it has so far reviewed and is in the process of compiling a shortlist to attract current and future shareholders.

----------

Aterian PLC - London-based, Africa-focused miner - Says it has met conditions from Rio Tinto Mining and Exploration Ltd to initiate a lithium-focused earn-in investment and joint venture agreement in the Republic of Rwanda. Rio Tinto has confirmed that the JV is now in effect. Local subsidiary Kinunga Mining Ltd, in which Aterian holds a 70% interest, has been "actively working" on prerequisites supporting preparatory work necessary to launch the exploration programme. Kinunga holds the licence for a 2,750-hectare exploration licence in southern Rwanda. Rio Tinto has the option to invest USD7.5 million in two stages to earn up to a 75% interest in the licence, and to add Aterian's two other Rwandan projects pending licence approvals.

----------

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
24 Mar 2021 16:44

TRADING UPDATES: Arden Partners to return to annual profitability

TRADING UPDATES: Arden Partners to return to annual profitability

Read more
5 Mar 2021 12:00

TRADING UPDATES: Drum Income to launch review; RBG's Convex grows fees

TRADING UPDATES: Drum Income to launch review; RBG's Convex grows fees

Read more
26 Feb 2021 14:25

IN BRIEF: Pires Investments And Gunsynd Make Investments In Low6

IN BRIEF: Pires Investments And Gunsynd Make Investments In Low6

Read more
24 Feb 2021 16:09

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
15 Feb 2021 10:45

Gunsynd, Pires Say Low6 Set For Investment From Major Gambling Firm

Gunsynd, Pires Say Low6 Set For Investment From Major Gambling Firm

Read more
10 Feb 2021 16:49

IN BRIEF: Gunsynd Sells Shares In Angold Resources For CAD290,000

IN BRIEF: Gunsynd Sells Shares In Angold Resources For CAD290,000

Read more
25 Jan 2021 19:18

TRADING UPDATES: Intuitive Plots GBP250,000 Investment In Microsaic

TRADING UPDATES: Intuitive Plots GBP250,000 Investment In Microsaic

Read more
22 Jan 2021 12:05

IN BRIEF: Gunsynd Partially Converts Loan Note Into Rogue Baron Shares

IN BRIEF: Gunsynd Partially Converts Loan Note Into Rogue Baron Shares

Read more
20 Jan 2021 17:40

LONDON TRADING UPDATES: Alliance Pharma 2020 Revenue Slips By 5%

LONDON TRADING UPDATES: Alliance Pharma 2020 Revenue Slips By 5%

Read more
15 Jan 2021 16:45

IN BRIEF: Gunsynd Annual Loss Widens As Impairments Grow

IN BRIEF: Gunsynd Annual Loss Widens As Impairments Grow

Read more
29 Dec 2020 12:02

Gunsynd Announces Empress Royalty To Trade On TSX Venture Exchange

Gunsynd Announces Empress Royalty To Trade On TSX Venture Exchange

Read more
23 Dec 2020 19:50

UK TRADING UPDATE SUMMARY: Polarean And Amryt Get US FDA Boost

UK TRADING UPDATE SUMMARY: Polarean And Amryt Get US FDA Boost

Read more
18 Dec 2020 11:54

Gunsynd Shares Rise As Investee Rincon Set For Australian Listing

Gunsynd Shares Rise As Investee Rincon Set For Australian Listing

Read more
14 Dec 2020 22:04

UK TRADING UPDATE SUMMARY: Novacyt Unveils New Test For Mink Covid

UK TRADING UPDATE SUMMARY: Novacyt Unveils New Test For Mink Covid

Read more
14 Dec 2020 11:32

Gunsynd puts £0.2m into pool betting platform Low6

(Sharecast News) - Gunsynd has invested £0.2m in Low6, it announced on Monday, which it described as a UK-based business-to-business (B2B) pool betting platform, offering a white-label pool betting platform for professional sports franchises.

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.