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Pin to quick picksLandore Share News (LND)

Share Price Information for Landore (LND)

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Share Price: 2.70
Bid: 2.60
Ask: 2.80
Change: 0.00 (0.00%)
Spread: 0.20 (7.692%)
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WINNERS & LOSERS SUMMARY: Bodycote Rises On Warmer Outlook

Wed, 30th May 2018 10:46

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------WM Morrison Supermarkets, up 0.9%, J Sainsbury, up 0.9%. Kantar Worldpanel said strong overall UK groceries market growth was supported by recent hot weather combined with the "Meghan Markle effect". Kantar - based on figures for the 12 weeks to May 20 - said record-breaking temperatures in combination with Royal wedding fever and the FA Cup final pushed grocers' sales to GBP415.0 million over 24 hours. Morrisons was among the best performers over the period, with sales up 2.9%. The supermarket attracted 311,000 new customers. Sales at Sainsbury's rose by 1.0% year-on-year, boosted by promotional activity, though the retailer's market share fell back by 0.2 percentage points.----------FTSE 100 - LOSERS----------Royal Bank of Scotland, down 1.3%. The state-backed lender said Chief Financial Officer Ewen Stevenson will step down from his role to take up an opportunity elsewhere. The date of his departure is yet to be confirmed, however, he will remain in his position to allow for a smooth handover process. Stevenson first joined RBS in 2014, and before that was part of Swiss investment bank Credit Suisse Group for 25 years, leaving as co-head of EMEA Investment Banking and its Global Financial Institutions Group, Investment Banking division.----------WPP, down 1.0%. Cash Shell Derriston Capital confirmed the acquisition of an investment vehicle of former WPP boss Martin Sorrell, with Sorrell to be executive chairman of "a company that aims to build a multi-national communication services business focused on growth", with more than GBP200 million at its disposal. Sorrell, who built WPP into an advertising and public relations giant over the course of 33 years, resigned as chief executive officer in mid-April following the conclusion of an investigation into what WPP called "an allegation of misconduct" which it said did not "involve amounts that are material" to the company. Coming only just over a month later, London-listed cash shell Derriston Capital confirmed early Wednesday a Sky News report that it will purchase Sorrell's newly incorporated S4 Capital in a reverse takeover. After the acquisition, the new entity will be renamed S4 Capital.----------SSE, down 0.5%. The energy supplier said it will increase UK domestic energy prices in July, with both gas and electricity prices going up. The company said the increase will equate to a change of GBP76, or an average 6.7% rise, for a typical dual fuel customer. The company said it had taken the "difficult decision" to increase electricity and gas prices as a result of the increasing costs of supply electricity, principally from higher wholesale energy prices and the cost of delivering government policy initiatives designed to modernise and decarbonise Britain's energy system. As such, electricity prices will rise an average of 7.7% while gas prices will increase by 5.7%.----------FTSE 250 - WINNERS----------Bodycote, up 9.0%. The heat treatment and coating services firm said it expects its annual revenue and profit to be higher than previously expected. For the first four months of the year, from January to April, the company reported a 7% increase in revenue compared to the same period last year. Due to this "robust" growth, Bodycote expects full-year revenue to be higher than previously expected and its headline operating profit to be "slightly ahead" of consensus. The company's net cash at the end of April was GBP45 million compared to GBP40 million at the end of 2017.----------Centamin, up 2.7%. Berenberg raised the gold miner to Buy from Hold. ----------FTSE 250 - LOSERS----------Stobart Group, down 5.3%. The support services firm said Cenkos Securities resigned as its joint broker following Stobart's recent revelation of a boardroom rift. On Friday last week, Stobart said Andrew Tinkler, its former chief executive and a current executive director, has informed the company he will vote against the re-election of Chairman Iain Ferguson at its annual general meeting, the date of which was unspecified. All other directors offered support to Ferguson, with non-executive directors Andrew Wood and John Coombs saying they would quit if Ferguson is not re-elected. Tinkler, Stobart said, holds 7.7% of the company's voting rights, while shareholders holding a further 26% also said they also won't vote for Ferguson's re-election.----------Go-Ahead Group, down 3.5%. Liberum downgraded the transport operator to Hold from Buy. ----------OTHER MAIN MARKET AND AIM - WINNERS----------Landore Resources, up 10%. The miner said it has found "widespread" gold in between its BAN and BAM East deposits in Canada. Landore has been drilling between BAM, its original deposit, and BAM East to look for further gold mineralisation. The site is located on the Junior Lake property in Canada's Ontario province. Landore said the mineralisation had similar lithological characteristics to the two deposits, with "multiple" instances of visible gold. Results include near-surface intersections of up to 41.3 metres at 1.10 grammes of gold per tonne of ore, and 24.90 g/t gold in another hole. ----------OTHER MAIN MARKET AND AIM - LOSERS----------Falcon Media House, down 51%. Shares in the digital media group halved as it said it intends to delist from the Main Market of the London Stock Exchange, which is expected to take place on June 27. The reason for the proposed delisting is the fall in the company's market value since its readmission to trading in March 2017, from GBP13.9 million to around GBP1.5 million, reflecting a 89% drop. Delisting is expected to save costs for the company, and build a realistic valuation, as Falcon believes that the market is not well-placed to value early stage companies.----------

Meghan Markle

More News
12 Apr 2022 13:38

Landore upbeat on exploration progress in Ontario

(Sharecast News) - Landore Resources updated the market on its review of the 'Lithium Zone' on the Junior Lake Property in the Canadian province of Ontario on Tuesday.

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21 Sep 2021 10:20

Landore Resources H1 losses widen on exploration costs

(Sharecast News) - Exploration firm Landore Resources said on Tuesday that losses had widened in the six months ended 30 June on the back of increased exploration costs.

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23 Aug 2021 10:12

Fire hazard disrupts Landore's positive drilling in Ontario

(Sharecast News) - Landore Resources updated the market on progress of its drilling programme for 2020-2021 on the BAM Gold Deposit at the Junior Lake Property in Ontario, Canada on Monday, reporting that additional step-out and infill drilling within the exploration area for 800 metres to the east and along strike of the deposit had continued to intersect widespread ore-grade gold.

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7 Jun 2021 15:11

Landore Resources makes drilling progress at Junior Lake

(Sharecast News) - Landore Resources updated the market on the progress of its 2020-2021 drilling programme at the BAM Gold Deposit on the Junior Lake Property in Ontario on Monday.

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17 May 2021 09:59

Landore reports exploration progress at Junior Lake

(Sharecast News) - Landore Resources updated the market on progress of the drilling programme for 2020-2021 on the BAM gold deposit at the Junior Lake property in Ontario, Canada on Monday.

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21 Sep 2020 10:02

Landore buys half of remaining smelter return at Lamaune Lake

(Sharecast News) - Landore Resources announced on Monday that its wholly-owned subsidiary Landore Resources Canada has entered into an agreement to acquire half of the 2% net smelter returns royalty that is held on its 90.2%-owned Lamaune Lake Property in Ontario.

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24 Apr 2020 13:46

Landore raises ?0.2m with new and existing investors

(Sharecast News) - Landore Resources has raised ?0.2m through the issue of 38,518,519 subscription securities, it announced on Friday, each of which would comprise one ordinary share and one 1p warrant, at a price of 0.675p each.

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13 Nov 2019 12:43

Landore Resources Subsidiary Lamaune Iron Gets Two New Mining Leases

Landore Resources Subsidiary Lamaune Iron Gets Two New Mining Leases

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21 Oct 2019 11:38

Landore Resources upbeat on latest drilling at BAM Gold Deposit

(Sharecast News) - Landore Resources updated the market on its progress with its summer drilling and exploration programme on its BAM Gold Deposit on the Junior Lake Property in Ontario, Canada on Monday, reporting that all assay results with associated drilling information had now been received and forwarded to Cube Consulting of Perth, Australia.

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18 Sep 2019 15:01

Landore Resources raises ?0.47m as it expands exploration programme

(Sharecast News) - Landore Resources has raised gross proceeds of £0.47m through a subscription of 64,827,586 new ordinary shares at a price of 0.725p each, it announced on Wednesday, with certain existing shareholders.

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18 Sep 2019 14:35

Landore Resources Gets Further Support From CEO, Major Shareholder

(Alliance News) - Landore Resources Ltd has raised nearly GBP500,000 to help fund continued exploration work in Canada.Landore placed 64.8 million new shares at a price of 0.725 pence each,

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4 Sep 2019 14:50

Landore Resources Finds Further Evidence Of Gold At Canadian Deposit

(Alliance News) - Landore Resources Ltd on Wednesday said a now-finished drilling programme in Canada has found similar gold intersections to those found previously.Landore has finished 24

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15 Aug 2019 10:49

Landore Resources Interim Loss Narrows; Plans To Issue More Shares

(Alliance News) - Landore Resources Ltd on Thursday said its first-half results were "in line with expectations", as it posted a sharply narrowed loss on lower exploration North precious

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3 Jul 2019 10:46

Landore Resources Raises GBP250,000 To Fund Exploration Programme

(Alliance News) - Landore Resources Ltd on Wednesday said it has raised GBP250,000 through a share subscription with James Hudleston, an existing investor in the company.The mineral firm at

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19 Jun 2019 11:58

Landore Resources 2018 Loss Narrows As Administrative Expenses Fall

(Alliance News) - Landore Resources Ltd on Wednesday said its loss narrowed in 2018 due to a reduction in both exploration costs and administrative expenses.The gold miner's pretax loss

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