The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInvinity Energy Share News (IES)

Share Price Information for Invinity Energy (IES)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 23.25
Bid: 23.00
Ask: 23.50
Change: 0.00 (0.00%)
Spread: 0.50 (2.174%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 23.25
IES Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Bitcoin Miner Argo In Monthly Revenue Rise

Thu, 03rd Dec 2020 17:37

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

----------

Argo Blockchain PLC - UK-based cryptocurrency miner - Mines 115 bitcoin or equivalent in Novmeber, down from 126 in October. "The reduction in the number of coins mined in November compared to October is due to changes in mining difficulty and the Zcash halving which took place on November 17. This takes the total amount of BTC mined year-to-date to 2,369," Argo adds. Based on daily exchange rate, mining revenue in November was GBP1.5 million, up from GBP1.2 million in October.

----------

Iconic Labs PLC - media company - Announces JOE Media unit secures contracts worth more than GBP750,000. "The contracts are with clients in a number of sectors including gambling, video games, online music streaming," Iconic adds.

----------

Nucleus Financial Group PLC - Edinburgh-based financial wrap platform - Aquiline Capital Partners LLC says it does not plan to make offer for Nucleus after "highly preliminary discussions".

----------

Invinity Energy Systems PLC - vanadium flow batteries manufacturer - Plans placing to raise GBP20.5 million and further GBP2 million through open offer. Says 11.7 million shares placed at 175 pence each in placing, 1.1 million in open offer. "Funds raised will be used to scale up production capabilities to meet commercial demand, execute on sales pipeline and thereby assist in driving down unit costs," Invinity says.

----------

Volution Group PLC - Crawley, England-based supplier of ventilation products to the residential and commercial construction markets - Pens sustainability-linked revolving credit facility. The GBP150 million loan, with a GBP30 million accordion facility, replaces a GBP120 million loan. Facility runs for three years until December 2023, with option for two-year extension.

----------

Jupiter UK Growth Investment Trust PLC - investment trust - Updates on wind-down measures. Agrees to proposals with Brown Advisory Funds PLC to offer Jupiter shareholders a choice of roll over investment in Jupiter to new shares to be issued by a sub-fund of Brown, or electing for a normal cash exit.

----------

Global Petroleum Ltd - oil and gas company focused on Africa and the Mediterranean - Recently bought historic 2D seismic data of PEL0094 licence, Namibia. Also acquired historic data from underexplored eastern part of block. "The company expects the interpretation of this data significantly to enhance the prospectivity already identified in this area," Global Petroleum says.

----------

Cobra Resources PLC - exploration and mining company focused on the Wudinna gold project in Australia - Reports "significant high-grade gold intercepts" at Clarke deposit at Wudinna. "Given we still have 80% of the assay results still to come, we are very excited about these initial high-grade intersections at Clarke which have positive indications for the future of the Wudinna project," Director Craig Moulton says.

----------

Active Energy Group PLC - London-headquartered biomass-based renewable energy business - Says Player Design Inc appointed in September to complete engineering and construction process of CoalSwitch reference plant at Lumberton site. Active Energy sources additional equipment and begins procurement process. "Construction crews will commence work in January 2021 with commissioning of the plant expected during Q2 2021," Active Energy adds.

----------

Landore Resources Ltd - Canada-focused minerals explorer - Says drilling programme at BAM gold deposit, Canada, progressing as planned. Adds that 15 drill holes completed to date. Says gold prices surge in 2020 has meant more exploration in Canada, causing a backlog of sampling. "As a result the time now expected for full analysis has doubled to 6-7 weeks from delivery to the laboratory," Landore adds.

----------

Zephyr Energy PLC - Rocky Mountain oil and gas company - Signs drilling contract with Cyclone Drilling Inc. "Cyclone, based in Gillette, Wyoming, is one of the leading providers of rigs in the Rocky Mountain region," Zephyr adds. "Cyclone's fleet of modern rigs was purpose-built for operating in the remote locations and rugged environment of the Rockies, and they hold one of the best drilling safety records in the US oil and gas industry.

----------

Salt Lake Potash Ltd - Australia-focused miner - Says ASX voluntary trading suspension to remain until either an announcement of debt financing or opening of trade on December 10.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
2 May 2024 16:11

TRADING UPDATES: Microsaic wins contract; Frontier inks Canadian deal

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

Read more
1 May 2024 20:23

Invinity Energy Systems plans to raise GBP50 million through fundraise

(Alliance News) - Invinity Energy Systems PLC on Wednesday said it plans to raise GBP50 million through a strategic investment and placing.

Read more
15 Apr 2024 11:14

AIM WINNERS & LOSERS: Horizonte plunges on Araguaia funding blow

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

Read more
15 Apr 2024 08:56

Invinity Energy rises on potential investment from strategic partners

(Alliance News) - Invinity Energy Systems PLC on Monday said it has made "significant" progress towards securing a material investment from multiple strategic partners.

Read more
26 Feb 2024 11:39

IN BRIEF: Invinity shares rise on new Mistral manufacturing deal

Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Announces new strategic manufacturing agreement with Taiwanese partner Everdura Technology Co Ltd. Everdura will undertake domestic manufacturing of Invinity's 'Mistral' vanadium flow battery product for Taiwanese and other markets. Deal supersedes original partnership proposed in September when Everdura placed a 14.4 megawatt hour pre-order for Mistral. Invinity says Everdura will manufacture VFBs to fulfil orders it intends to secure under the companies' existing reseller agreement, which targets over 255 MWh of product sales over three years.

Read more
18 Dec 2023 14:31

IN BRIEF: Invinity expects surge in annual revenue

Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Says it will deliver its 2023 results in line with expectations, and anticipates a full-year minimum total income of GBP21.6 million, an increase from GBP2.9 million in 2022. Adds it is in current discussions with "a number of parties" for potential partnerships, which it expects to finalise in the first quarter of 2024.

Read more
29 Oct 2023 21:01

Sunday share tips: Destiny Pharma, Invinity Energy Systems

(Sharecast News) - The Financial Mail on Sunday's Midas column spied long-term potential in Destiny Pharma's shares.

Read more
3 Oct 2023 12:15

Invinity Energy sells 1.1 megawatts of battery storage to NARLabs

(Alliance News) - Invinity Energy Systems PLC on Tuesday said it has sold 1.1 megawatt hours worth of battery storage to Taiwan's National Applied Research Laboratories.

Read more
3 Oct 2023 11:13

Invinity announces significant battery sale to Taiwan

(Sharecast News) - Invinity Energy Systems announced a significant sale of vanadium flow batteries (VFBs) to Taiwan's National Applied Research Laboratories (NARLabs) on Tuesday.

Read more
25 Sep 2023 13:51

Invinity selected for six US Department of Energy products

(Sharecast News) - Utility-grade energy storage developer Invinity Energy Systems has been selected by the United States Department of Energy (DOE) to supply 84 MWh of its 'Mistral' product for projects at six US sites, it announced on Monday.

Read more
25 Sep 2023 10:30

Invinity Energy reports "record" income and government contract win

(Alliance News) - Invinity Energy Systems PLC shares surged on Monday after it said the US Department of Energy will fund six of its projects, alongside significantly increased revenue but a widened half-year loss.

Read more
22 Sep 2023 14:04

Invinity Energy says partner begins operating battery in Canada

(Alliance News) - Invinity Energy Systems PLC on Friday said that its Canadian partner, Elemental Energy, has started operating its vanadium flow battery at their Chappice Lake project in Canada.

Read more
14 Sep 2023 17:17

Invinity hails Everdura order for new Mistral battery

(Alliance News) - Invinity Energy Systems PLC on Thursday said that it has received the first customer order for its next-generation vanadium flow battery.

Read more
14 Sep 2023 13:11

Invinity gets first order for next generation 'Mistral' product

(Sharecast News) - Energy storage specialist Invinity Energy Systems announced its inaugural customer order for its next-generation product, 'Mistral', on Thursday.

Read more
28 Jul 2023 14:25

IN BRIEF: Invinity sells VS3 battery system to Vanadium subsidiary

Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Sells 0.2 megawatts per hour VS3 flow battery system to VSUN Energy, a wholly owned subsidiary of Australian Vanadium Ltd. Says battery system will be for use by Australian power provider, Horizon Power. Horizon owns and operates 34 microgrids across Western Australia. Horizon will pilot the VS3 battery at its microrigid project in Kununurra, Western Australia. Invinity says project delivery is expected to start in late 2023.

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.