Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOriole Resources Share News (ORR)

Share Price Information for Oriole Resources (ORR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.334
Bid: 0.00
Ask: 0.35
Change: 0.00 (0.00%)
Spread: 0.022 (6.707%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.334
ORR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Motorpoint Predicts Local Lockdowns Bite

Thu, 08th Oct 2020 19:54

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

----------

Motorpoint Group PLC - Derby, England-based car retailer - Says demand levels since end of UK lockdown exceeding expectations. Says pretax profit in six months to September 30 to be ahead of year prior. Says no annual guidance and notes recent virus case rises in UK as well as local lockdowns will subdue demand in short-term.

----------

MySale Group PLC - Australia, New Zealand and south east Asia-focused online retailer - To raise GBP5.1 million in subscription of 85.2 million shares at 6.0 pence each. Investors are entities associated with Gabby Leibovich, Hezi Leibovich - founders of online retailer Catch.com.au - and Nati Harpaz, a former Catch.com chief executive.

----------

JKX Oil & Gas PLC - Ukraine-focused energy firm - Says average output in third quarter was 10,245 barrels of oil equivalent per day, up 3.5% quarter-on-quarter. Notes drilling in IG146, Ukraine, to recommence in October.

----------

Central Asia Metals PLC - copper, zinc and lead explorer, operating in Kazakhstan and North Macedonia - Copper output in first nine months of 2020 down 1.3% year-on-year to 10,490 tonnes. Zinc production up 1.5% to 17,966 tonnes and lead up 2.7% to 21,718 tonnes.

----------

Alba Mineral Resources PLC - mineral exploration & development company, with projects in Greenland, Wales and Ireland - Appoints mineral sands specialists IHC Robbins to carry out metallurgical process development and test work on bulk samples from Thule Black Sands project, Greenland. "The programme is designed to confirm the ilmenite products to be produced from TBS ilmenite and to provide product samples to enable potential customers and offtake partners to carry out their own confirmatory analyses," Alba said.

----------

PetroNeft Resources PLC - Russia-focused oil and gas explorer - Reports successful testing from a mini refinery processing unit on Licence 61, Russia. Unit will reduce 2021 operating costs by USD600,000.

----------

Hummingbird Resources PLC - African gold producer - Drilled over 21,509 metres at Yanfolila this year and is 95% through its budgeted USD5 million drilling and exploration programme. "Once this year's exploration and drilling programme is complete, the company plan to conduct a mineral resource update," Hummingbird said.

----------

Chaarat Gold Holdings Ltd - London-based gold miner focused on Armenia and Kyrgyz Republic - Notes political disruption in Kyrgyz Republic but says projects not materially affected.

----------

Oriole Resources PLC - exploration company with operations in Senegal and Cameroon - Says renewals received for Bibemi and Wapouze assets in Cameroon.

----------

Asiamet Resources Ltd - Indonesia-focussed copper and gold miner - Enters into heads of agreement with PT Wasesa Indo Nusa to sell Indokal Ltd for USD163.4 million.

----------

Danakali Ltd - Colluli potash project developer - Colluli Mining Share Co appoints Aggreko PLC as preferred power supply contractor at Colluli. "Aggreko will provide full scope of support services for the supply, commissioning, and maintenance of the power plant, then transfer to CMSC, under 5-year Buy Own Operate Transfer contract," Danakali said.

----------

W Resources PLC - tungsten, tin and gold mining and exploration company - Increases loan facility with funds managed by the Global Credit Opportunities platform at BlackRock Financial Management Inc by USD7 million.

----------

Nostra Terra Oil & Gas Co PLC - AIM-listed company focused on the prolific Permian Basin in West Texas - Says contracted drilling rig to soon be mobilised at Pine Mills, US. "The rig is currently operating nearby, after which it will mobilised to Pine Mills. The primary target formation is the prolific Woodbine Sand that is one of the main producers in the region. The well will also evaluate several other known overburden formations," Nostra said.

----------

Mosman Oil & Gas Ltd - oil exploration company - Says drilling at Falcon-1 well, Texas "progressing well" in aim to reach two prospective zones found in seismic surveys.

----------

Kodal Minerals PLC - mineral exploration and development company - Welcomes appointment of interim government in Mali and looks forward to progressing Bougouni project.

----------

Xtract Resources PLC - miner with projects in Mozambique and Zambia - Says large amount of bulk cut and fill work at Manica hard rock gold deposits, Mozambique already completed. Onsite process plant work will begin once pre-establishment work concludes.

----------

SolGold PLC - Australian gold and copper mining company - Says drill rig preparing for an 8,000 metres drilling programme at Rio Amarillo project, Ecuador. Notes "significant upgrade" of Varela target following field work.

----------

Camellia PLC - Kent-based agriculture and engineering services firm - Updates on claims made against African subsidiaries. Says two African companies have recognised dispute resolution mechanisms, allowing allegations to be properly examined. "If there has been any wrongdoing those responsible will be held to account, and if shortcomings are identified the companies will improve their safeguarding processes and victims will be compensated," Camellia said. Cost of ADR process to be booked in 2020 and will be in addition to GBP4.8 million "of legal and related costs incurred in 2019 and up to June 30".

----------

Rainbow Rare Earths Ltd - rare earth producer - Says JORC-compliant exploration target at Gakara, Burundi shows potential for modular development targeting 10,000 to 20,000 tonnes per year of rare earth concentrate output.

----------

Woodbois Ltd - African timber firm - Says revenue in third quarter ended September 30 down 35% year-on-year to USD3.2 million from USD4.9 million. "Trading in the quarter was in line with expectations, with Covid-19 restrictions becoming more tempered but with limited capital to deploy prior to the August balance sheet restructuring," Woodbois said.

----------

Schroder UK Public Private Trust PLC - investment trust - Notes portfolio company Seedrs Ltd's plans to merge with Crowdcube Ltd.

----------

Braveheart Investment Group PLC - Barnsley, England-based strategic investor - Subsidiary Pharm 2 Farm Ltd notes short delay to planned testing of its ant-viral face mask product. Health regulators have amended rules on working with coronavirus and will inspect test facility.

Remote Monitored Systems PLC also notes announcement.

----------

Kazera Global PLC - Cardiff-headquartered AIM quoted investment company - Diamond production underway at subsidiary Deep Blue Minerals. Initial work focused on areas identified as "likely to be high in diamond content," Kazera says. Says to partake in its first diamond auction in fourth quarter and reports prices "holding up well" despite Covid-19.

----------

Zegona Communications PLC - investment company focused on European telecoms - Updates on share price of Euskaltel, which it owns 21% of and is its principal asset. Euskaltel shares at EUR9.03 on September 30. "Zegona's holding in Euskaltel, together with its current net cash position, is worth the equivalent of GBP1.46 per Zegona share. This value is over 31% higher than Zegona's current share price of GBP1.11," Zegona said.

----------

Urban Logistics REIT PLC - logistics-focused real estate investment trust - Says 99% of rent due for quarter to December has been received, with 1% expected "imminently". "This follows strong cash collections in March and June where 100% of rents due were collected," Urban Logistics adds.

----------

Ediston Property Investment Co PLC - London-based real estate investment trust - Says 91% of third quarter rent collected so far, in line with forecasts. Fourth quarter rent due by October 1 at 87%.

----------

Alpha Financial Markets Consulting PLC - London-based consultancy services to asset and wealth management industry - Says "good" net fee income growth and improve adjusted earnings before interest, tax, depreciation and amortisation in six months to September 30.

----------

Sareum Holdings PLC - drug developer focused on small molecule therapeutics to improve cancer and autoimmune treatment - US Patent & Trademark Office issues notice of allowance for patent for Sareum's SDC-1802 TYK2/JAK1 kinase inhibitor programme. "This programme is in preclinical development and targets cancer and cancer immunotherapy," Sareum said.

----------

IQ-AI Ltd - medical software company with headquarters in Jersey - Pulls out of talks to sell StoneChecker and will now retain product. "The accomplishments by the Imaging Biometrics team thus far in 2020 provided an opportunity for your board to rethink last year's decision to dispose of StoneChecker," Chief Executive Officer Trevor Brown said.

----------

Yourgene Health PLC - molecular diagnostics firm - Entes into five-year pact with unnamed "blue chip Japanese multinational" for provision of Yourgene's Flex analysis software. " Yourgene expects this partnership to deliver over USD2.5m of revenue over the contract life, as well as creating a benchmark clinical offering in this major world healthcare market," Yourgene said.

----------

Robert Walters PLC - London-based recruitment firm - Third quarter net fee income down 31% year-on-year to GBP72.8 million from GBP105.6 million. To reinstate 4.5 pence interim dividend, flat year-on-year.

----------

SRT Marine Systems PLC - maritime tracking firm - Says revenue in first half ended September 30 came in at GBP3.8 million with GBP2.7 million pretax loss. "Unexpectedly given the Covid-19 pandemic, revenues for the transceivers business were 6% ahead of the same period last year, with the second half looking positive," SRT said.

----------

Watchstone Group PLC - Hampshire-based insurance and healthcare technology business - Unveils proposed disposal of Ingenie Business to A-Plan Group Ltd for GBP5.5 million, potentially GBP2.5 million more based on performance. Disposal needs approval from shareholders at general meeting.

----------

Intercede Group PLC - cybersecurity software firm with offices in Reston, US state of Virginia and Lutterworth, Leicestershire - Says revenue in six months to September 30 9% higher annually. Joins Faster Identity Online Alliance. "Backed by the likes of Amazon, Apple and Google, FIDO provides a simple method of authentication for users to securely access their online accounts," Intercede says.

----------

Osirium Technologies PLC - Berkshire-based cybersecurity firm - Secures contract with "major" UK high street retailer. "The new client has purchased a 60-month term license for the Osirium PAM platform including the Privileged Access Management, Privileged Task Management and Privileged Session Management modules. Consultancy and training from Osirium Professional Services are included in the contract," Osirium said.

----------

Applied Graphene Materials PLC - graphene materials maker with headquarters in Redcar, Cleveland - Launches Innovation Accelerator research and development partnership service, aimed at supporting "businesses in harnessing the potential of graphene in their products".

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
15 Jun 2023 12:00

Oriole Resources shares rise on resource potential of Cameroon project

(Alliance News) - Oriole Resources PLC on Thursday said that it is looking to refining targets at its gold project in Cameroon, after early imagery from testing showed "much finer structural detail" than previously visible.

Read more
1 Jun 2023 15:52

UK shareholder meetings calendar - next 7 days

Friday 2 June 
Cap-XX LtdGM re fundraising
Conduity Capital PLCGM re future direction of the company
Kibo Energy PLCEGM re renewal of director authorisations to issue shares
Mirriad Advertising PLCGM re new ordinary shares admitted to trading on AIM
Purplebricks Group PLCGM re proposed sale of business & assets to Strike Ltd
Monday 5 June 
EnQuest PLCAGM
Tuesday 6 June 
Billington Holdings PLCAGM
Mast Energy Developments PLCAGM
NB Global Monthly Income Fund LtdAGM
Tasty PLCAGM
WANdisco PLCGM re new shares authorisation and fundraise
Wednesday 7 June 
City Pub Group PLCAGM
Gem Diamonds LtdAGM
Gulf Marine Services PLCAGM
Hostmore PLCAGM
LXi REIT PLCAGM
Pennant International Group PLCAGM
Third Point Investors LtdAGM
United Oil & Gas PLCAGM
Xpediator PLCGM re takeover by DLM Bidco
Thursday 8 June 
Ashtead Technology Holdings PLCAGM
Camellia PLCAGM
Checkit PLCAGM
Churchill China PLCAGM
CRH PLCCourt Meeting and EGM re proposal to transfer the company's primary listing to NYSE
Downing Renewables & Infrastructure Trust PLCAGM
Fair Oaks Income LtdAGM
Fusion Antibodies PLCGM re result of retail offer
Genflow Biosciences PLCAGM
Glenveagh Properties PLCAGM
Kavango Resources PLCAGM
Kosmos Energy LtdAGM
Melrose Industries PLCAGM
North American Income Trust PLCAGM
Oriole Resources PLCAGM
Panther Metals PLCAGM
REA Holdings PLCAGM
Renalytix PLCGM re director's authorization to allot new shares and equity securities for cash
Vaalco Energy IncAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
20 Apr 2023 13:54

IN BRIEF: Oriole Resources shares surge as chair invests

Oriole Resources PLC - London-based gold exploration company, focused on an early stage exploration project in Cameroon and the more advanced Senala gold project in Senegal - Raises GBP195,500 via a subscription buy Non-Executive Chair Eileen Carr. A total of 115.0 million new shares will be issued at a price of 0.17 pence per share. The proceeds will primarily be used for working capital to develop project-level funding opportunities and joint-venture partnerships at its exploration projects in Cameroon.

Read more
18 Apr 2023 14:20

TRADING UPDATES: Journeo extends contract; Biome completes fundraise

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

Read more
11 Apr 2023 12:19

Oriole reports progress on funding Cameroon project

(Sharecast News) - West Africa-focussed exploration company Oriole Resources updated the market on its five Eastern CLP licences in central Cameroon on Tuesday, as part of the wider Central Licence Package (CLP).

Read more
11 Apr 2023 10:21

Oriole Resources signs USD1 million funding deal for Cameroon project

(Alliance News) - Oriole Resources PLC on Tuesday said it is transferring ownership of five Eastern central licence package assets in Cameroon to a sub-holding firm.

Read more
27 Mar 2023 11:13

Oriole Resources completes geophysics programme at Mbe licence

(Alliance News) - Oriole Resources PLC on Monday said it has completed a ground-based geophysics programme over its main target at the Mbe licence in the eastern part of its 90%-owned central licence package project in Cameroon.

Read more
9 Mar 2023 14:29

TRADING UPDATES: Forterra lifts yearly dividend on profit surge

(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
27 Feb 2023 19:04

Oriole Resources project in Cameroon delivers high-grade gold results

(Alliance News) - Oriole Resources PLC on Monday said its 90%-owned Central Licence Package in Cameroon has delivered further high-grade gold results.

Read more
27 Feb 2023 16:19

Oriole upbeat on latest work at Central Licence Package

(Sharecast News) - West Africa-focussed Oriole Resources updated the market on exploration at its 90%-owned Central Licence Package (CLP) project in Cameroon on Monday.

Read more
2 Feb 2023 11:30

Oriole touts value opportunity in Cameroon on lithium discovery

(Alliance News) - Oriole Resources PLC on Thursday hailed progress in Cameroon, after exploration confirmed lithium pegmatites at its Central Licence package project.

Read more
30 Jan 2023 14:23

TRADING UPDATES: Empire Metals confirms copper; Mosman hails progress

(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
21 Dec 2022 13:32

Oriole's partner on Senala agrees to sell up

(Sharecast News) - West Africa-focussed gold explorer Oriole Resources reported on Wednesday that its partner on the Senala gold project in Senegal, IAMGOLD Corporation, has signed a definitive deal to sell its portfolio of projects in Senegal, Mali and Guinea to Managem Group for $282m.

Read more
21 Dec 2022 12:33

Oriole Resources shares down as partner sells portfolio of projects

(Alliance News) - Oriole Resources PLC shares droppedĀ on Wednesday, after it said its joint venture partner on the Senala gold project in Senegal, Iamgold Corp, has signed a definitive agreement to sell its portfolio of projects.

Read more
9 Dec 2022 19:51

TRADING UPDATES: FBD loses CFO; Eqtec wins GBP 2 million loan 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

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.