Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKropz Plc Share News (KRPZ)

Share Price Information for Kropz Plc (KRPZ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.35
Bid: 1.20
Ask: 1.50
Change: 0.00 (0.00%)
Spread: 0.30 (25.00%)
Open: 1.35
High: 1.35
Low: 1.35
Prev. Close: 1.35
KRPZ 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: Cambria drives on amid virus; Argo crypto mining up

Wed, 03rd Mar 2021 20:16

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

----------

Cambria Automobiles PLC - franchised motor retailer - Says continued to be hurt by UK Covid-19 restrictions in five months to January 31. Welcomes reopening of car showrooms penned for April but warns will miss out on busiest month of trading in March. Says overall trading performance during five-month period improves amid Covid-19-related cost reductions. "Whilst the group's trading performance in the first five months of the financial year is pleasing, given the potential impact that the lockdown restrictions could have had in the period, the results have benefitted from the government support stimulus," Cambria adds.

----------

Argo Blockchain PLC - cryptocurrency miner - Mines 129 bitcoin or bitcoin equivalent in February, compared to 93 in January. Mining revenue rises to GBP4.3 million in February, from GBP2.5 million in January. "At the end of February, the company held 599 BTC," Argo adds.

----------

Gore Street Energy Storage Fund PLC - London-based investor in utility-scale energy storage projects - participates in National Grid PLC's dynamic containment service, notching firm another revenue stream. Dynamic containment service ensures grid's frequency stays within statutory range of +/-0.5 hertz. "We are delighted to announce our participation in the new dynamic containment service developed by the National Grid, which could create a material uplift in the company's revenue across the majority of our operational portfolio if the pricing trends continue," says Alex O'Cinneide, chief executive officer of Gore Street's investment manager.

----------

Kropz PLC - South Africa-focused plant nutrient feed minerals developer - Makes quarterly draw down of loan facility with shareholder ARC Fund. "The fifth draw down under the original equity facility is for USD7 million," Kropz says. Adds that drawdown will be settled through issue of 89.2 million shares at 6.75 pence each. In addition, Kropz draws down USD2 million from a new equity facility.

----------

Wishbone Gold PLC - precious metals trading and exploration company with assets in Australia - Signs deal to acquire Cottesloe silver project in Australia, more than doubling exposure in Patersons province. To issue Alta Zinc Ltd 600,000 new shares at 14 pence each, GBP84,000 in total. "With silver becoming increasingly in demand with the climate change agenda initiatives, the silver potential is exceptional here at Cottesloe," Chair Richard Poulden says.

----------

Pure Gold Mining Inc - Canadian gold miner - Says gold pours and shipments at PureGold Mine in Red Lake, Ontario ramping up "regularly". "With the steady progress of mining and milling performance throughout the ramp-up period toward the design production rate of 800 tonnes per day, the company currently anticipates declaring commercial production at the PureGold Mine in Q2 2021," company adds.

----------

Inspired Energy PLC - Lancashire-based energy procurement consultant - Completes buys of BWS Holdco Ltd, its trading unit Businesswise Solutions Ltd and General Energy Management Ltd. Buys funded from Inspired's GBP31.3 million July fundraise. "We are delighted to conclude the acquisition of Businesswise and GEM, which are highly complementary additions to the group. Both acquisitions increase our market share for energy assurance services, broaden our customer base and significantly increase our units of opportunity," CEO Mark Dickinson adds.

----------

W Resources PLC - tungsten, tin and gold mining company with assets in Spain and Portugal - Says plant improvement work at La Parrilla mine in Spain has been completed. Notes "improved efficiency and increased production of tin and tungsten concentrate" at mine.

----------

Reabold Resources PLC- London-based oil and gas project investor - Begins sale of GBP500,000 of convertible loan notes in Corallian Energy Ltd. "As previously announced, the CLN will help to fund the submission of a draft Field Development Plan for the Victory gas field, which Corallian plans to submit prior to the end of 2021," Reabold says.

----------

Uru Metals Ltd - exploration and development firm - Proposed disposal of its 80% stake in Zebediela nickel project in South Africa to Blue Rhino Capital Corp. Blue Rhino will complete share consolidation and non-brokered private placement to raise CAD2.3 million, about GBP1.3 million. Notes disposal requires shareholder approval.

----------

Solid State PLC - Worcestershire-based computing products manufacturer - Buys Willow Technologies Ltd, a maker of electro-mechanical products, for an initial GBP10.0 million. Solid State notes acquisition has maximum earnout of GBP3.5 million.

----------

SourceBio International PLC - Nottingham-based laboratory services provider - Says laboratory operations in San Diego, California to expand to include Covid-19 PCR testing services. "This further investment in our San Diego facility increases our overall capacity to increase Covid-19 qPCR testing services by up to an additional 5,000 samples per day and means we can address the clear market demand for Covid-19 testing in the US," Executive Chair Jay LeCoque says.

----------

Aberdeen Asian Income Fund Ltd - closed-end fund concentrated on Asian equities - Renews both its three-year GBP10 million loan facility and GBP40 million one-year facility with Bank of Nova Scotia, London Branch for a further three years. "Under the terms of the revolving credit facility, the company also has the option to increase the level of the commitment from GBP40 million to GBP60 million at any time," company adds.

----------

Evgen Pharma PLC - Liverpool-based clinical stage drug development company - Completes open offer, taking total fundraising to GBP11 million. In February, Evgen said it planned to raise funds to support completion of formulation and scale up manufacturing of breast cancer product SFX-01.

----------

Victoria PLC - Worcestershire-headquartered flooring firm - Says EUR127.9 million of outstanding senior secured notes due 2024 validly tendered and accepted for repurchase for EUR133.7 million. Says EUR348.1 million in notes remain outstanding.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
23 Dec 2022 18:15

TRADING UPDATES: Fiinu teams with TransUnion; GRC wins pact

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

Read more
7 Dec 2022 14:28

Kropz COO resigns from January; subsidiary general manager taking over

(Alliance News) - Kropz PLC on Wednesday said Chief Operating Officer Michelle Lawrence resigned from her position, effective from January 1, with the general manager of a Kropz subsidiary set to take over.

Read more
1 Dec 2022 21:42

TRADING UPDATES: Renalytix hails trial results; Kingswood buys JFP

(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
21 Nov 2022 17:03

IN BRIEF: Kropz receives approval for ZAR550 million equity facility

Kropz PLC - African phosphate developer - Receieves approval from South African Reserve Bank for new conditional convertible equity facility of up to ZAR550 million with ARC Fund. ARC Fund is the company's major shareholder. Says the facility will help ramp-up of operations at the company's Elandsfontein phosphate project in South Africa, as well as working capital for "general corporate purposes" and further funding for the Hinda project in the Republic of the Congo.

Read more
14 Nov 2022 21:35

TRADING UPDATES: Rogue Baron names chair; Mobile Streams wins contract

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

Read more
28 Oct 2022 21:18

TRADING UPDATES: SulNOx, Marwyn loss widens; Kropz gets new facility

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

Read more
24 Oct 2022 21:18

TRADING UPDATES: Silverwood finishes acquisition; Hardide names chair

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

Read more
7 Oct 2022 21:48

TRADING UPDATES: IQE, IQGeo win deals; MPOF assets fall on Covid-19

(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
30 Sep 2022 21:11

EARNINGS SUMMARY: Provexis, Thruvision loss narrows; Unigel revenue up

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

Read more
29 Sep 2022 17:16

IN BRIEF: Kropz draws down more cash as delays continue

Kropz PLC - African phosphate developer - Makes third and final drawdown on its ZAR121.5 million, roughly GBP6.1 million, facility with major shareholder ARC Fund. Says drawdown was for ZAR14.5 million and will be used to meet immediate cash requirements, due to delays in the ramp up of operations at Kropz Elandsfontein (Pty) Ltd.

Read more
1 Sep 2022 21:55

TRADING UPDATES: Kropz gets more cash; Audioboom releases new podcasts

(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
9 Aug 2022 11:07

Kropz shares sink on further delay at Elandsfontein project

(Alliance News) - Kropz PLC shares plummeted on Tuesday as it reported further delays in the ramp-up of operations at Kropz Elandsfontein (Pty) Ltd.

Read more
9 Aug 2022 11:01

AIM WINNERS & LOSERS: Kropz and Nexus Infrastructure hit by delays

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

Read more
20 Jul 2022 11:35

Kropz CEO Summers to step down after seven years in role

(Alliance News) - Kropz PLC on Wednesday said that Chief Executive Officer Mark Summers plans to step down at the end of 2022.

Read more
7 Jul 2022 19:31

IN BRIEF: Kropz draws down ZAR60 million from equity facility

Kropz PLC - African phosphate developer - Makes second drawdown on its ZAR177 million, around GBP8.8 million equity facility of ZAR60 million. Equity facility now has ZAR13.5 million remaining to be drawn down.

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.