The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPathfinder Minerals Share News (PFP)

  • This share is currently suspended. It was suspended at a price of 0.275

Share Price Information for Pathfinder Minerals (PFP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.275
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.275
PFP 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: Ingenta trades in line; Triple Point Social NAV up

Fri, 17th May 2024 17:39

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

----------

Condor Gold PLC - Gold exploration company with operations focused on Nicaragua - Pretax loss narrows 33% to GBP1.7 million in 2023 from GBP2.5 million in 2022. The firm says: "The company remains convinced that the 587 square kilometres La India project is a major gold district with the potential for significant future discoveries. Condor's geologists have identified two major north-northwest-striking mineralised basement feeder zones traversing the project, the 'La India Corridor', which hosts 90% of Condor's gold mineral resource and the 'Andrea Los Limones Corridor'. Numerous geophysics, soil geochemistry and surface rock chips indicate the possibility for further mineralisation along strike."

----------

Ethernity Networks Ltd - Lod, Israel-based supplier of data processing semiconductor technology for networking appliances - Enters into structured investment deed with New Technology Capital Group LLC. New Tech will invest GBP800,000 into Ethernity, expected next week. Relating to this, Ethernity will issue 40.0 million new shares to New Tech. Ethernity Chief Executive Officer David Levi says: "We have strong confidence in the company's future prospects, anticipating a rise in the company's value as we embark on strategic initiatives."

----------

Fulcrum Metals PLC - mineral explorer in Canada - Says it has been fully engaged in working towards the completion of the sale of its uranium portfolio in Saskatchewan to Terra Balcanica Resources Corp. CEO Ryan Mee says: "Certain steps under that process have, unfortunately, taken longer than anticipated, but we are confident that the acquisition will be completed by the extended back stop date of 15 June 2024."

----------

Ingenta PLC - Oxford, England-based provider of software and services to the publishing industry - Says it intends to release its 2023 results this month, noting that underlying trading performance is expected to be as it announced in January. "Current trading continues to be in line with management expectations, with cash flow ahead of budget and the company on track to deliver a further year of solid progress," Ingenta says.

----------

IQ-AI Ltd - medical services firm - Notes that its subsidiary Imaging Biometrics announces the successful deployment of its software at Insel Gruppe AG in Bern, Switzerland. Imaging Biometrics CEO Michael Schmainda says: "The installation at Insel Gruppe AG allows them full access to our comprehensive suite of applications. We are excited about this collaboration and are committed to supporting Insel Gruppe AG as they set new standards in patient care."

----------

Oracle Power PLC - energy projects developer - Says two drill rigs are contracted to start drilling at the Northern Zone gold project in Western Australia next week. CEO Naheed Memon says: "We have a very large gold exploration target here, which is centred around a large porphyry gold system that has been proven to be over 100 metres in true width."

----------

Pathfinder Minerals PLC - AIM-listed cash shell seeking reverse takeover - Says on Thursday received outstanding balance of GBP30,000 from the subscriber regarding a subscription of around GBP1.3 million. It adds that there is no outstanding balance due from the subscriber.

----------

Sivota PLC - investor in later-stage Israeli technology firms - Says that negotiations with an online technology platform have terminated after the signing of a non-binding term sheet back in January. Back then, Sivota said it intended to raise about GBP250,000 via share placing. With the termination, the signing of a definitive agreement will not proceed. "The company remains committed to exploring further merger & acquisition activity and is evaluating its pipeline opportunities," Sivota says.

----------

Technology Minerals PLC - London-based battery metals and recycling firm - Gives notice to Atlas Capital Market LLC of a draw down of GBP600,000 to be issued on May 30. "Use of the new funds rawn will include continued support of the scale up in operations at Recyclus' lithium-ion plant in Wolverhampton, ahead of the proposed acquisition of the shares not held by the company, as previously announced," the company explains. Technology holds a stake of around 48.35% in Recyclus Group Ltd.

----------

Triple Point Social Housing REIT PLC - London-base property investor - Appoints Akur Ltd to conduct independent review of investment management arrangements. Separately, reports net asset value per share of 114.15 pence as at March 31, up 0.3% from 113.76p at December 31.

----------

UK Oil & Gas PLC - oil and gas with assets in UK and Turkey - Says regarding a funding facility announced in June 2023, principal balance stands at about GBP370,000 of GBP2 million gross first cash sum received.

----------

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
13 May 2024 18:55

EARNINGS AND TRADING: itim loss narrows; Vela trims EnSilica stake

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

Read more
16 Apr 2024 20:19

TRADING UPDATES: System1 revenue jumps; Pathfinder amends deal

(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
27 Feb 2024 17:42

TRADING UPDATES: Windward extends LSEG pact; Vinanz eyes DTC trading

(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
2 Feb 2024 14:58

IN BRIEF: Pathfinder Minerals waives minimum deferred payment for IMM

Pathfinder Minerals PLC - AIM-listed cash shell seeking reverse takeover - Agrees to new deferred consideration payment terms for the sale of IM Minerals Ltd. The sale of IM Minerals to Acumen Advisory Group LLC back in July included the right to bring a claim against the Mozambique government for the expropriation of a Pathfinder mining concession. As a contingent payment, AAG was to pay Pathfinder the greater of USD30 million or 25% of the amount received for the claim. However, AAG informed Pathfinder it "contemplated not complying" with the terms. To avoid possible default, Pathfinder agrees that the payment will be based solely on a sliding scale of 22.5% to 40% of the amount received from the claim. It notes the new agreement gives AAG more incentive to pursue the claim.

Read more
22 Dec 2023 19:11

IN BRIEF: Pathfinder Minerals raises GBP1.3 million via subscription

Pathfinder Minerals PLC - AIM cash shell seeking reverse takeover - Raises GBP1.3 million by way of a subscription through the issue of 425.0 million new ordinary shares at 0.30 pence per share. Says it has made an application for the shares to be admitted to trading on AIM, and admission is expected to occur on or around December 27.

Read more
14 Dec 2023 15:46

UK shareholder meetings calendar - next 7 days

Friday 15 December 
Abingdon Health PLCAGM
Aptamer Group PLCAGM
Bellway PLCAGM
CQS Natural Resources Growth & Income PLCAGM
DCI Advisors LtdAGM
Ethernity Networks LtdGM re subscription agreement
Frontier IP Group PLCAGM
Holders Technology PLCGM re AIM delisting and tender offer
Renalytix PLCAGM
Schroder Real Estate Investment Trust LtdEGM re proposed amendments to the investment policy
Tristel PLCAGM
Ultimate Products PLCAGM
Wentworth Resources PLCAGM
Monday 18 December 
Ascential PLCGM re proposed sale of digital commerce business
Braemar PLCAGM
Eqtec PLCEGM re capital reorganisation
Fandango HoldingsAGM
Grit Real Estate Income Group LtdAGM
LondonMetric Property PLCGM re revised directors' remuneration policy
Nightcap PLCAGM
Surface Transforms PLCGM re fundraising
TechFinancials IncAGM
Tuesday 19 December 
dotdigital Group PLCAGM
easyJet PLCGM re buy of 157 A320neo family aircraft
Microsaic Systems PLCGM re fundraising
Netcall PLCAGM
Orosur Mining IncAGM
Technology Minerals PLCAGM
Zanaga Iron Ore Co LtdAGM
Wednesday 20 December 
AVI Global Trust PLCAGM
Lift Global Ventures PLCAGM
Northamber PLCAGM
RM Infrastructure Income PLCGM re managed wind-down
SolGold PLCAGM
Thursday 21 December 
Beacon Energy PLCAGM
Beeks Financial Cloud Group PLCAGM
Coinsilium Group LtdAGM
Conroy Gold & Natural Resources PLCAGM
Gfinity PLCAGM
Helium Ventures PLCAGM
Karelian Diamond Resources PLCAGM
Kin & Carta PLCCourt and GM re takeover by Apax Partners LLP 
Macau Property Opportunities Fund LtdAGM
Pathfinder Minerals PLCGM re proposed GBP1.3 million fundraise
ScS Group PLCGM re takeover by Cerezzola
VietNam Holding LtdAGM
VietNam Holding LtdEGM re introducing redemption facility
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
30 Nov 2023 14:24

IN BRIEF: Pathfinder Minerals sets reverse takeover of DR Congo miner

Pathfinder Minerals PLC - AIM cash shell seeking reverse takeover - Agrees to buy Rome Resources Ltd in a reverse takeover that involves an equity raise and relisting on AIM in London. Pathfinder raises GBP1.3 million from a subscription to 425.0 million new shares at 0.30 pence per share. Each two new shares come with a warrant that can be used to buy another new share at 0.45p within the next two years. Its shares are suspended from trading on AIM on Wednesday due to the reverse takeover. They last traded at 0.28p on Tuesday. Pathfinder will use the funds raised to give Rome Resources an unsecured loan of CAD2.5 million, about GBP1.5 million. Rome Resources is listed on the TSX Venture Exchange in Toronto, where it has a market capitalisation of CAD20.8 million, about GBP12.1 million.

Read more
1 Sep 2023 21:59

Yourgene, Pathfinder, Spectral MD and Finncap to be deleted on AIM

(Alliance News) - FTSE Russell on Friday announced a number of deletion changes in the FTSE UK Index series.

Read more
16 Aug 2023 10:47

Pathfinder hires executive director as non-executive chair departs

(Alliance News) - Pathfinder Minerals PLC on Wednesday said Non-Executive Chair Dennis Edmonds has left the board immediately, replaced by a new executive director.

Read more
11 Aug 2023 15:44

UK shareholder meetings calendar - next 7 days

Monday 14 August 
Ethernity Networks LtdAGM
Nanoco Group PLCGM re change in the control of the company
Tuesday 15 August 
Castings PLCAGM
Momentum Multi-Asset Value Trust PLCGM re reconstruction and voluntary winding-up
Primorus Investments PLCAGM
WH Ireland Group PLCGM re dealings in the new ordinary shares
Wednesday 16 August 
Cadence Minerals PLCAGM
Calnex Solutions PLCAGM
NextEnergy Solar Fund LtdAGM
NFT Investments PLCAGM
StreaksAI PLCAGM
VSA Capital Group PLCAGM
Thursday 17 August 
Harvest Minerals LtdAGM
Quantum Exponential Group PLCAGM
Windward LtdAGM
Yourgene Health PLCGM and court meeting re takeover by Novacyt
Friday 18 August 
ME Group International PLCGM re proposed share buyback
Oxford BioDynamics PLCGM re placing
Pathfinder Minerals PLCGM re disposal of the subsidiary
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
28 Jul 2023 17:02

Pathfinder agrees IM Minerals disposal with Mozambique legal claim

(Alliance News) - Pathfinder Minerals PLC on Friday said it agreed to sell IM Minerals Ltd to Acumen Advisory Group LLC, which includes the right to bring a claim against the Mozambique government for the expropriation of mining concession 4623C.

Read more
15 Jun 2023 15:51

UK shareholder meetings calendar - next 7 days

Friday 16 June 
Alpha Growth PLCAGM
Anglo-Eastern Plantations PLCAGM
Gulf Keystone Petroleum LtdAGM
John Lewis of Hungerford PLCGM re proposed cancellation of admission to trading on AIM
Tesco PLCAGM
Woodbois LtdAGM
Monday 19 June 
All ThingsConsidered Group PLCAGM
Blackbird PLCAGM
Finsbury Food Group PLCAGM
Globalworth Real Estate Investments LtdAGM
Marlowe PLCGM re proposed capital reduction
Metals Exploration PLCAGM
Red Rock Resources PLCGM re security conversion into shares for cash
Savannah Resources PLCAGM
Tuesday 20 June 
Acceler8 Ventures PLCAGM
Afentra PLCAGM
Armadale Capital PLCAGM
Bay Capital PLCAGM
Blackrock Smaller Companies Trust PLCAGM
Block Energy PLCAGM
Corero Network Security PLCAGM
Coro Energy PLCAGM
Crimson Tide PLCAGM
Curtis Banks Group PLCAGM
EPE Special Opportunities LtdAGM
ICG-Longbow Senior Secured UK Property Debt Investments LtdAGM
Jersey Oil & Gas PLCAGM
Kore Potash PLCAGM
Lords Group Trading PLCAGM
Mission Group PLCAGM
North Atlantic Smaller Cos Investment Trust PLCAGM
Red Capital PLCAGM
Saga PLCAGM
SDX Energy PLCAGM
Skillcast Group PLCAGM
Zegona Communications PLCAGM
Wednesday 21 June 
Argentex Group PLCAGM
Clean Power Hydrogen PLCAGM
Eqtec PLCAGM
Hydrogen Utopia International PLCAGM
HSS Hire Group PLCAGM
Intelligent Ultrasound Group PLCAGM
JD.com IncAGM
RTW Venture Fund LtdAGM
Schroders Capital Global Innovation Trust PLCAGM
Sivota PLCAGM
Numis Corp PLCGM re acquisition by Deuche Bank AG
THG PLCAGM
UK Commercial Property REIT LtdAGM
Thursday 22 June 
Alphawave IP Group PLCAGM
Angling Direct PLCAGM
Anglo Asian Mining PLCAGM
boohoo Group PLCAGM
Card Factory PLCAGM
Ergomed PLCAGM
Futura Medical PLCAGM
Good Energy Group PLCAGM
Grand Vision Media Holdings PLCAGM
Longboat Energy PLCAGM
MaxRets Ventures PLCAGM
Pathfinder Minerals PLCAGM
RBG Holdings PLCAGM
Sanderson Design Group PLCAGM
Team17 Group PLCAGM
Trellus Health PLCAGM
Whitbread PLCAGM

 

Read more
14 Jun 2023 18:35

IN BRIEF: Pathfinder Minerals disposal edges closer to completion

Pathfinder Minerals PLC - natural resources company with licences to mine heavy minerals sands in Mozambique - Updates regarding the sale of IM Minerals Ltd, a wholly owned subsidiary, to Acumen Advisory Group LLC. Says AAG has been advised by its UK legal counsel that it has received around GBP1.1 million into its client account. These funds, plus additional expected funds, will be used to pay Pathfinder and enable the sale to complete.

Read more
25 May 2023 18:02

IN BRIEF: Pathfinder Minerals annual loss widens slightly

Pathfinder Minerals PLC - natural resources company with licences to mine heavy minerals sands in Mozambique - Reports results for 2022. Says pretax loss totalled GBP376,000, widened from GBP367,000 the year prior on zero revenue which was unchanged. Loss per share was unchanged at 7 pence. Chair Dennis Edmonds says: "Following the completion of the disposal of IM Minerals Ltd, which the company expects imminently, Acumen Advisory Group LLC will have a binding agreement with the company to progress the claim against the Government of Mozambique. If the claim is successful, Pathfinder stands to receive a substantial contingent payment." Further, continues to evaluate opportunities to find a suitable acquisition.

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