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Share Price: 0.50

Bid: 0.45

Ask: 0.55

Change: 0.00 (0.00%)

Spread: 0.10 (22.222%)

Open: 0.50

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IN BRIEF: Kendrick Resources loss widens as admin costs rise

Mon, 29th Apr 2024 20:47

Kendrick Resources PLC - London-based, Scandinavia-focused mineral exploration and development company - Reports pretax loss of GBP1.1 million in 2023 widened from GBP1.0 million a year earlier. Administrative cost increase to GBP580,287, up from GBP418,294.

Looking ahead, Kendrick says: "There appears a new realisation that if clean energy targets are to be met then critical mining has to take place. Indeed the southern coast of Norway is becoming known as the 'Battery Coast' by industry pundits and the board believes we have a good portfolio in the much sought after commodities at a time when Scandinavia may well undergo a mining renaissance."

Current stock price: 0.38 pence

12-month change: down 68%

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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13 Jul 2010 07:29

Kenetics Group Raises GBP0.3M Issue Convertible Loan Facility

LONDON (Dow Jones)--Kenetics Group Limited (KEN.LN), an investment holding company, announced Tuesday that they have raised GBP300,000 by the issue of an interest-bearing redeemable convertible loan, due Jun. 30, 2012. MAIN FACTS: -Interest will be payable monthly at the rate of 12 % per ann

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Small caps round-up: Connemara Mining, Circle Oil, Kenetics...

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21 Jun 2010 07:25

Kenetics Raises GBP0.3M Via Placing/4P, Progress On LTA Contract

LONDON (Dow Jones)--Kenetics Group Ltd. (KEN.LN), a specialist facilities management firm, said Monday it has raised GBP300,000, before expenses, by way of a placing of 7.5 million new ordinary shares at 4 pence per share. MAIN FACTS: -Shares have been placed with Ken Wong, Chairman and Chie

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