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 picksMetalnrg Plc Share News (MNRG)

Share Price Information for Metalnrg Plc (MNRG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.06
Bid: 0.055
Ask: 0.065
Change: -0.0025 (-4.00%)
Spread: 0.01 (18.182%)
Open: 0.0625
High: 0.0625
Low: 0.0575
Prev. Close: 0.0625
MNRG 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: Logistics Development buys Alliance Pharma shares

Fri, 23rd Dec 2022 17:05

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

----------

Logistics Development Group PLC - London-based investment company - Acquires 12.8 million shares in Alliance Pharma PLC, at average price of GBP0.46 each, GBP5.9 million in total. Holds 2.4% stake in Alliance Pharma.

----------

Palace Capital PLC - London-based property investment company - Completes GBP7.6 million worth of investment property disposals since end of September, at total of 3% premium to end of March book value. Says gross debt as at Wednesday down 11% since end of September at GBP79.3 million.

----------

PipeHawk PLC - Hampshire, England-based provider of technology for highways and for the automotive, rail and aerospace industries - Says order intake for QM Systems in year-to-date at "healthy" GBP4.3 million. PipeHawk financial year runs to June 30. "I am also pleased to report that QM Systems has signed a further contract manufacturing agreement with Fast MDx, a UK-based molecular diagnostics company, to deliver a semi-automated low‑cost, high‑throughput, near-patient molecular diagnostic test system," Chair Gordon Watt says,

----------

Celadon Pharmaceuticals PLC - London-based manufacturer and supplier of cannabinoid-based medicines - Makes necessary submissions to UK Medicines & Healthcare products Regulatory Agency as part of Good Manufacturing Practices registration. "Celadon can confirm that no critical issues were raised by the MHRA during the inspection. As part of the audit, the Company also sent samples of its API to an independent third party for analytical testing. The Company is pleased to report that the testing confirmed positive results across all batches, with high-quality, consistent and pharmaceutical-grade API product," Celadon adds. Expects to receive GMP mark from MHRA in first quarter of 2023.

----------

Eqtec PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Confirms completion of mechanical and electrical completion at its Italia Market Development Centre near Castiglione d'Orcia, Tuscany, Italy. Eqtec adds: "All equipment has been delivered on site, installed and individually tested. This is a major milestone where all mechanical and electrical components are in place and installed, with all enhancements to the plant including the additional feed-in system, the dryer and the thermal oxidiser added to improve the resilience of the plant's business model." Eqtec says commercial operations date now expected "early in the new year" amid supply chain delays and the late arrival of critical components. Joint-venture partner MetalNRG PLC notes announcement.  

----------

First Tin PLC - London-based tin development company with projects in Germany and Australia - Posts assay results from first two drillholes of programme at Tellerhauser asset in Germany. "The two drillholes were designed to confirm results of previous drilling by Wismut during the 1970s that intersected high grade tin mineralisation at depth along strike from the known resources at the Tellerhauser project, and to increase the indicated resources," First Tin adds.

----------

Beowulf Mining PLC - Natural resource developer and explorer focused on the Nordic region - Hails "significant flake graphite mineralisation" at Raapysjarvi prospect. "To have a high-grade intersection with 26% total graphitic carbon is tremendous and overall these are very encouraging assay results," Chief Executive Officer Kurt Budge says.

----------

Clean Power Hydrogen PLC - a Doncaster, England-based green hydrogen technology firm - Signs development agreement with New Zealand-based Fabrum Solutions Ltd. Deal concerns development of Clean Power's membrane-free electrolyser. "Fabrum will further provide technical support to accelerate the final development of the [Clean Power] technology, including subsystem development of the cryogenic gas separation and full system development. This development support will be focused on the safe and efficient operation of the cryogenic gas separation system at a 1 megawatt scale and at the expanded operation level up to a nominal 2MW scale," Clean Power says.

----------

GreenRoc Mining PLC - London-based miner-focused mineral projects in Greenland - Undertakes placing of 400,000 new shares at 4.5 pence each, raising GBP18,000 in total, as part of broker option. Funds to support Amitsoq graphite project in south Greenland, GreenRoc adds. On Thursday, GreenRoc reported assay results from Amitsoq. Findings confirmed "consistent high-grade graphite intersections". Alba Mineral Resources PLC noted both announcements. It holds a 51% stake in GreenRoc.

----------

Sound Energy PLC - Morocco-focused upstream gas company - Says Morocco hydrocarbon office approves firm's application to enter optional first complimentary period under the Grand Tendrara exploration permits. Spans two year to October 1, 2024. "Work commitment for the first complimentary period comprises the drilling of one exploration well with a Triassic objective," Sound Energy says. Office accepts 12-month extension application at Anoual exploration permits and Sidi Moktar exploration permits. Sound Energy holds 75% of each of Grand Tendrara, Anoual and Sidi Moktar.

----------

Uru Metals Ltd - Toronto-based investor and mine project developer - Says annual audit still in progress and warns company will not be able to issue results for year ended March 31 by December 31 deadline. Will also not be in position to announce interim results by deadline, which also falls on December 31. Shares to be suspended from trading on AIM with effect January 3. "The company expects to announce the FY22 results, publish the FY22 annual report and accounts and announce the Interims no later than 31 January 2023," Uru says.

----------

Gunsynd PLC - London-based investment company focused on the natural resources, life sciences & alcohol sector - Notes investee Pacific Nickel Mines Ltd applies for mining lease for Jejevo nickel project on Isabel Island in the Solomon Islands. "Pacific Nickel also stated that it expected to ramp up to full production on the Kolosori Nickel Project during the course of 2023," Gunsynd adds.

----------

Aquila European Renewables PLC - London-based investment fund - Jaen solar asset now operational, with construction completed. Jaen is in southern Spain and forms part of the Greco portfolio, which was acquired for EUR42.5 million in March. In addition, company says a seven year pay-as-produced power purchase agreement for Guillena solar asset secured. Deal was signed with Statkraft Markets GmbH at "attractive price".

----------

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2022 Alliance News Ltd. All Rights Reserved.

More News
30 Apr 2024 21:56

EARNINGS: Anglo-Eastern Plantations lifts dividend; profit falls

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

Read more
9 Feb 2024 09:18

IN BRIEF: MetalNRG raises GBP220,000 via convertible loan notes issue

MetalNRG PLC - London-based natural resources and energy-focused investor - Raises GBP223,000 via issue of convertible loan notes carrying a 15% annual coupon and convertible upon the earlier of the company completing a reverse takeover or two years from today. Says the proceeds raised through the issue, alongside an additional unsecured short-term loan of GBP150,000, will be used to undertake specific due diligence work on projects identified as potential reverse takeover targets and for general corporate purposes.

Read more
24 Jan 2024 17:41

TRADING UPDATES: MetalNRG's legal settlement; Impellam confirms payout

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

Read more
16 Jan 2024 14:03

UPDATE: Eqtec forms joint venture with CompactGTL for sustainable fuel

(Alliance News) - Eqtec PLC on Tuesday said it has entered a joint venture agreement with CompactGTL Ltd for renewable synthetic fuels.

Read more
16 Jan 2024 10:55

Eqtec shares soar as MetalNRG hails loan drawdown for Italy plant

(Alliance News) - MetalNRG PLC on Tuesday congratulated Eqtec PLC as the latter celebrated the pending drawdown of a loan to finance its plant in Tuscany.

Read more
9 Nov 2023 13:47

EARNINGS AND TRADING: MetalNRG hails Gold Ridge findings

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

Read more
29 Sep 2023 14:19

EARNINGS AND TRADING: Barkby revenue dips; Ixico hurt by trial delays

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

Read more
29 Sep 2023 11:22

SMALL-CAP WINNERS & LOSERS: Hydrogen Utopia up as taps cannabis market

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

Read more
4 Sep 2023 11:28

MetalNRG eyes reverse takeover amid focus on mining; gets Italy loan

(Alliance News) - MetalNRG PLC on Monday said it has decided to focus on mining gold and copper, alongside other precious and strategic metals required for energy transition and new technology.

Read more
14 Aug 2023 10:14

IN BRIEF: MetalNRG notes Lake Victoria Gold's sale of Imwelo project

MetalNRG PLC - London-headquartered investor in natural resources and energy - Notes Victoria Gold Ltd's proposed sale of its Imwelo Gold project to Vancouver-based mineral exploration company, Tembo Gold Corp under a licence purchase agreement. MetalNRG owns a minority equity interest in the Milton, Australia-based gold and mineral exploration company, Lake Victoria Gold. Says Tembo Gold will acquire Imwelo through its subsidiary Tembo Gold Tanzania Ltd. Says the offer is subject to "a number of conditions." Tembo Gold is a Vancouver-based mineral exploration company with a focus on Tanzania.

Read more
21 Jul 2023 15:38

UK shareholder meetings calendar - next 7 days

Monday 24 July 
Barryroe Offshore Energy PLCEGM re proposed cancellation of admission to trading on AIM
Cranswick PLCAGM
discoverIE Group PLCAGM
MobilityOne LtdAGM
Plus500 LtdEGM to authorise share re-purchase
TClarke PLCGM re necessary resolutions to shareholders for placing of new ordinary shares
WANdisco PLCGM re increase of share capital
Tuesday 25 July 
ADM Energy PLCAGM
Atome Energy PLCAGM
B&M European Value Retail SAAGM
GlobalData PLCGM re capital reorganisation
JZ Capital Partners LtdAGM
MITIE Group PLCAGM
Molecular Energies PLCAGM
Polymetal International PLCAGM
Safestay PLCAGM
Verditek PLCAGM
Vodafone Group PLCAGM
Wednesday 26 July 
Aquila Services Group PLCAGM
Blackstone Loan Financing LtdAGM
BP Marsh & Partners PLCAGM
Eurasia Mining PLCAGM
Molten VenturesAGM
Motorpoint Group PLCAGM
NewRiver REIT PLCAGM
Ninety One PLC and LtdAGM
Norcros PLCAGM
Oracle Power PLCAGM
Palace Capital PLCAGM
ProBiotix Health PLCAGM
Seeen PLCAGM
Silverwood Brands PLCAGM
Triad Group PLCAGM
Water Intelligence PLCAGM
Zephyr Energy PLCAGM
Thursday 27 July 
Foresight Group Holdings LtdAGM
Marks Electrical Group PLCAGM
Silver Bullet Data Services Group PLCAGM
Friday 28 July 
African Pioneer PLCAGM
Bezant Resources PLCAGM
Braveheart Investment Group PLCAGM
Cordiant Digital Infrastructure LtdAGM
DP Poland PLCAGM
Intuitive Investments Group PLCGM re proposals on investment strategy
Jangada Mines PLCAGM
Mercantile Ports & Logistics LtdAGM
MetalNRG PLCAGM
Northern 2 VCT PLCGM re party transaction
Polymetal International PLCGM re delisting
R&Q Insurance Holdings LtdAGM
Science in Sport PLCAGM
Urban Logistics REIT PLCAGM
Xtract Resources PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
3 Jul 2023 10:53

MetalNRG loss widens amid legal troubles and operational optimism

(Alliance News) - MetalNRG PLC on Monday said its pretax loss increased last year alongside "time consuming" legal issues which it said were "a drain on [our] finances," but also reported operational successes during the same period.

Read more
23 Jun 2023 12:11

IN BRIEF: MetalNRG says EQTEC Italy JV completes handover protocols

MetalNRG PLC - investor in natural resources and energy - Confirms EQTEC Italia, its Italy-based waste-to-energy plant joint investment with London-based technology firm EQTEC PLC and two family offices, has completed handover protocols to EQTEC Italia and is transferring plant operations to EQTEC Italia MDC srl.

Read more
5 May 2023 14:41

TRADING UPDATES: Alternative Income quarterly net asset value drops

(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
3 May 2023 12:40

IN BRIEF: MetalNRG receives GBP500,000 from court settlement

MetalNRG PLC - investor in natural resources and energy - Receives GBP545,000 from a court settlement, due back from BritNRG Ltd and Brit Energy Holdings LLP. In February, BritNRG and Brit Energy were ordered to pay GBP1.0 million in pay and damages to MetalNRG.

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.