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TRADING UPDATES: PCI-PAL adds Amazon platforms; Mode Global, THG team

Tue, 12th Oct 2021 19:44

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

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PCI-PAL PLC - London-based call centre software provider - Adds Amazon Connect and AWS Marketplace platforms to partner eco-system. "Amazon customers can now access PCI Pal services across its global cloud platform from anywhere in the world via their existing AWS Marketplace agreements. PCI Pal is the first global vendor in the secure payments space to achieve this, further illustrating its class leading cloud technology, as well as its commitment to a partner-led sales approach," PCI-PAL says.

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Mode Global Holdings PLC - London-based fintech company - Launches "first-of-its-kind" payments and bitcoin rewards offering with THG PLC. "All 30-plus THG-owned brands have Mode listed as a payments option at checkout, ahead of schedule," Mode says. "Through Mode's bitcoin rewards solution, Mode aims to put bitcoin in the hands of millions of customers in the UK." Was originally scheduled for launch "over the course of 12 months starting from the end of Q3 2021".

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Ethernity Networks Ltd - Networking and security solutions provider based in Israel - Signs pact with global wireless equipment manufacturer based in Europe. Ethernity to supply ENET 4840 40Gbps FPGA System-on-Chip. Initial order is worth USD400,000 but additional orders also anticipated.

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IQE PLC - Cardiff, Wales-based semiconductor company - Signs multi-year strategic IT transformation agreement with Critical Manufacturing. Says deal will support future growth of IQE. "As part of the ongoing transformation of our IT systems and business processes, IQE has chosen Critical Manufacturing as the group's long-term strategic partner. Together we will deliver a manufacturing platform which is robust, scalable and adaptable," Chief Operating Officer Keith Anderson says.

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Calnex Solutions PLC - West Lothian, Scotland-based provider of test and measurement solutions for the telecommunications sector - Says saw "continued strong levels of trading" in first half ended September 30. Expects annual revenue to be "materially ahead of previous expectations". Reports interim results on November 23.

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Live Co Group PLC - Lego brick-based events and entertainment firm based in Surrey, England - Wins deal with Easy Park LLC for Bricklive Animal Paradise offering. Is first time Live Co has received work from Easy Park, which owns property assets in US. Easy Park plans to display Animal Paradise Bricklive models in Chicago and Houston.

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Walls & Futures REIT PLC - London-based designer and developer of specialist social housing - Says was hoping to seal new development in Newcastle but seller of the property withdrew from sale. Completes design stage of autism friendly housing solution, scheduled for launch in beginning of November. Working to engage with new individual and institutional investors, noting 10% of current shareholder base are not long-term shareholders. "While they remain, we do not believe there will be a substantial improvement in our share price relative to our net asset value (NAV)," company says.

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Zenova Group PLC - Brentwood, England-based fire safety and thermal insulation products provider - Launches Zenova WB wildfire product following "a number of highly successful" tests. In lab-controlled conditions, the product prevented ignition and flaming of dry grass fuels that were treated with it. Expects product to play "crucial global role" in tackling wildfires.

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Ariana Resources PLC - exploration firm with interests in Europe - Says Venus Minerals Ltd, which Ariana is earning-in 50% stake in, in terms with leading miner in Cyprus for joint venture to develop Apliki copper mine. Venus will be operator. "Ariana is now committed to completing its funding of Venus Minerals to achieve a shareholding of 50%," company says. Notes Venus plans to pursue London-listing by end of 2021.

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Tirupati Graphite PLC - graphite mining and processing company - Receives clearance of 211 application for cross listing of shares on OTCQX Markets. "The company will confirm the start of trading as soon as the OTCQX on-boarding process is completed," Tirupati adds.

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Taseko Mines Ltd - British Columbia, Canada-based copper producer - Says Gibraltar mine in British Columbia produces 34.5 million pounds of copper and 600 thousand pounds of molybdenum in the third quarter, up 29% and 50% quarter-on-quarter, respectively. Taseko owns 75% of mine.

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Enwell Energy PLC - oil and gas producer in Ukraine - Says total output in third quarter amounts to 5,126 barrels of oil equivalent per day, up from 4,629 a year earlier. "Overall production volumes continued to be strong in Q3 2021, showing an increase of approximately 11% compared with Q3 2020, primarily as a result of new production volumes from the SV-25 well in the SV field, which commenced production in February 2021," Enwell says.

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President Energy PLC - energy company with assets focused primarily in South America - At Puesto Guardian concession in Argentina, company expects drilling of first well of three well programme to begin at end of October. In Triche well, Louisiana, President says it has been able to swab well back on stream without need of workover rig. Notes well is on stream on a temporary and reduced basis. Company adds: "Whilst the initial production level on opening up the well of only some 30 barrels of oil per day from Triche is substantially lower than the level which is projected once the workover takes place, it nevertheless is helpful in providing some income pending availability of an adequately sized barge to carry the already reserved workover rig which is still projected in the near future."Also adds "good progress" made on satisfying remaining condition of a farmout agreement in Paraguay.

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Premier African Minerals Ltd - southern Africa-focused miner - Completes 15 drill holes at Zulu lithium and tantalum project in Zimbabwe. "The current drilling programme is focussed on expanding as well as upgrading the resources in the main zone, and, to delineate further the lithium mineralisation in the step out zones," Premier African says.

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Goldplat PLC - South Africa and Ghana-focused gold miner - Teams with West Wits Mining Ltd to process ore from a the ASX-listed company's Early Mine in South Africa. Will process 8,500 tonnes. First ore expected in first quarter of 2022.

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Oracle Power PLC - Global power and natural resource project developer based in Cambridge, England - Says first phase of reverse circulation drilling completed at Northern Zone gold project in Australia.

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BlueRock Diamonds PLC - Kareevlei diamond mine in the Kimberley region of South Africa - Says third quarter carats produced up 38% year-on-year to 7,682. Carats sold up 81% to 6,887, with average price per carat rising 68% to USD554. "With 7,682 carats produced, this has been another record quarter driven by quality high-grade kimberlite being mined and the new crushing plant providing a consistent feed to the old three-pan processing plant. It augurs well for the transition to the new four-pan plant, which will be completed during October," Executive Chair Mike Houston says.

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Zenith Energy Ltd - Calgary, Canada-based producer of oil, gas and electricity - Says workover of ROB-1 well in Tunisia is "progressing successfully". "ROB-1 has not undergone any form of well intervention since 2012 and was producing at a stabilised rate of approximately 20 bopd prior to the commencement of workover operations," Zenith adds. Company will go ahead with bottom hole cleaning at asset, as well as scraping of casing. Operations should conclude during next 10 days. If work goes ahead successfully, production rate will range between 60 and 80 bopd.

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ADM Energy PLC - natural resources investing company with an existing asset base in Nigeria - Completes 16th cargo lifting at Aje field, part of OML 113 asset in offshore Nigeria. Lifting totals 232,379 barrels with ADM's net share at 21,424 barrels. ADM adds: "The proceeds of the lifting will be applied against the project debt, contributing to a reduction in the outstanding balance. The nominated offtake partner for the lifting was Mecuria, a global energy and commodity group."

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Chaarat Gold Holdings Ltd - gold miner in Armenia and mine developer in Kyrgyz Republic - Says all 16 drill holes completed at drill programme at Kyzyltash, Kyrgyz Republic. "All 16 drill holes successfully intersected expected mineralization returning similar results as the original drill holes," Chaarat says.

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Cobra Resources PLC - Wudinna gold project in South Australia - Seals first phase of 2021 exploration programme at Wudinna. Says total of 875 holes drilled across eight priority targets. "The second phase of the 2021 programme will commence as planned later this month with the reverse circulation drilling programme," Cobra says. Says unit Lady Alice Mines issues notice of completion to Andromeda Metals Ltd and Peninsula Resources Ltd confirming Cobra has fulfilled stage two expenditure obligations. This entitles Cobra to boost Wudinna ownership to 65% from 50%.

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Voyager Life PLC - Perth, Scotland-based supplier of cannabidiol and hemp seed oil products for use in health and wellness industry - Says revenue from incorporation to September 30 at GBP65,000. "During the past four months, the company has concentrated on developing a network of stores that stock its products, including opening its first Voyager store in St Andrews, Scotland. This programme of building relationships with trade customers began with individual health stores and pet stores but quickly moved onto larger country stores and regional chains. More recently, the company's strategy has seen a significant success with confirmation by CLF that it will begin stocking Voyager products from January 2022," Voyager Life says.

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LungLife AI Inc - Thousand Oaks, California-based developer of clinical diagnostic solutions for lung cancer enhanced by artificial intelligence - Submits application for Proprietary Laboratory Analysis code to American Medical Association. "The code is the mechanism by which clinical laboratories can more specifically identify their tests when billing Medicare and commercial insurers," LungLife says. If granted, LungLife says code will be priced by Centers for Medicare & Medicaid Services.

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Drumz PLC - London-based investment company - Says investee Acuity Risk Management Ltd to announce partnership with US-based Agile GRC Solutions Inc to distribute Acuity's Streamo risk management platform in North America. "This partnership will provide an innovative alternative to legacy governance, risk and compliance tools, allowing organisations to centralise, automate and more accurately report on their risk management strategies," Drumz says.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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TRADING UPDATES: Nostra revenue rises; Synergia eyes Cambay farm-out

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28 Sep 2022 13:29

IN BRIEF: Mode Global announces multi-token trading soft launch

Mode Global Holdings PLC - London-based bitcoin banking app - Announces soft launch of its multi-token trading capability. Says the first of the additional tokens will be ether and will be made available to selected users before the official launch in October. Adds that Loyal Mode users will be invited to join Mode Labs, a community of users supporting Mode in future product development and innovation.

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15 Sep 2022 14:19

IN BRIEF: Mode Global converts GBP29,160 in loan notes to shares

Mode Global Holdings PLC - London-based bitcoin banking app company - Receives and accepts conversion notices resulting in the conversion of GBP29,160 worth of loan notes into 914,461 new shares at the conversion price of GBP0.0319 per share. Confirms that the company's issued share capital now comprises 97.8 million shares.

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26 Aug 2022 10:51

IN BRIEF: Mode Global shares jump with FCA approval for multi-tokens

Mode Global Holdings PLC - bitcoin banking app company based in London - Receives approval from the Financial Conduct Authority to add multi-tokens to its Mode App. Plans to add 10 new tokens to its platform later this year for users to buy and sell.

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20 Jul 2022 16:03

UK shareholder meetings calendar - next 7 days

Thursday 21 July  
Big Yellow Group PLCAGM
Evgen Pharma PLCAGM
Experian PLCAGM
Halma PLCAGM
Intermediate Capital Group PLCAGM
Johnson Matthey PLCAGM
Octopus AIM VCT PLCAGM
Pennon Group PLCAGM
Pires Investments PLCGM re offer from Tern PLC
QinetiQ Group PLCAGM
SSE PLCAGM
Tern PLCGM re offer for Pires Investments PLC
Vp PLCAGM
Workspace Group PLCAGM
Zephyr Energy PLCAGM
Friday 22 July  
Chesterfield Resources PLCAGM
Homeserve PLCGM re offer by affiliates of Brookfield Infrastructure Partners LP
JD Sports Fashion PLCAGM
Landore Resources LtdAGM
President Energy PLCAGM
United Utilities Group PLCAGM
WANdisco PLCAGM
Monday 25 July 
BP Marsh & Partners PLCAGM
Keras Resources PLCAGM
Keras Resources PLCGM re share consolidation
Tuesday 26 July 
AO World PLCAGM
Bytes Technology Group PLCAGM
Dekel Agri-Vision PLCAGM
Firering Strategic Minerals PLCAGM
Mitie Group PLCAGM
Momentum Multi-Asset Value Trust PLCAGM
nanosynth group PLCAGM
NewRiver REIT PLCAGM
Ninety One PLC & LtdAGM
OnTheMarket PLCAGM
OptiBiotix Health PLCAGM
Telecom Plus PLCAGM
Vodafone Group PLCAGM
Xeros Technology Group PLCAGM
Wednesday 27 July 
Allied Minds PLCAGM
Caledonia Investments PLCAGM
De La Rue PLCAGM
FirstGroup PLCAGM
James Cropper PLCAGM
JPMorgan Japan Small Cap Growth & Income PLCAGM
Mode Global Holdings PLCAGM
Montanaro UK Smaller Cos Investment Trust PLCAGM
Motorpoint Group PLCAGM
Shield Therapeutics PLCAGM
Tatton Asset Management PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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13 Jul 2022 14:36

IN BRIEF: Mode Global Holdings raises GBP2 million with fundraise

Mode Global Holdings PLC - bitcoin banking app company based in London - Completes its recent fundraise. Explains that it conducted the fundraise through an issue of convertible loan notes to new and existing investors that raised gross proceeds of GBP1.9 million. Notes that some directors subscribed for GBP65,000. Together with a delayed subscription this will result in overall gross proceeds of GBP2.0 million.

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7 Jul 2022 18:02

EXECUTIVE CHANGES: FIH appoints new CFO; Mode Global new CTO

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

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28 Jun 2022 10:59

Mode Global shares drop as administrative costs rocket in 2021

(Alliance News) - Mode Global Holdings PLC said on Tuesday its loss widened its in 2021 despite significant growth in revenue and its user base, as administrative costs put a damper on otherwise "pleasing" results.

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28 Jun 2022 10:33

SMALL-CAP WINNERS & LOSERS: Amigo rises on plans to resume lending

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

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3 May 2022 13:01

Mode Global to launch bitcoin cashback affiliate product

(Alliance News) - Fintech firm Mode Global Holdings said on Tuesday it has launched a bitcoin cashback affiliate programme.

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12 Apr 2022 21:28

TRADING UPDATES: Hornby sales rise; Victoria weathers inflation

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

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3 Mar 2022 15:02

EXECUTIVE CHANGES: Mode Global promotes former Alipay exec to CEO

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

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7 Feb 2022 13:49

TRADING UPDATES: Mode offers staff bitcoin; Argo Blockchain mines less

TRADING UPDATES: Mode offers staff bitcoin; Argo Blockchain mines less

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