The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPensana Plc Share News (PRE)

Share Price Information for Pensana Plc (PRE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 23.20
Bid: 23.30
Ask: 24.00
Change: 0.00 (0.00%)
Spread: 0.70 (3.004%)
Open: 23.20
High: 0.00
Low: 0.00
Prev. Close: 23.20
PRE 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: Gran Tierra completes offers, Pensana wins grant

Wed, 25th Oct 2023 21:55

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

----------

Gran Tierra Energy Inc - Colombia and Ecuador-focused oil and gas exploration and production company - Says it has issued new 9.500% senior secured amortising notes, due in 2029 and worth USD487.6 million. Issuance forms part of Gran Tierra's previously announced offers to exchange its 6.250% senior notes due 2025 and 7.750% notes due in 2027. Chief Executive Officer Gary Guidry says due to "successful completion" of offers, "[its] balance sheet is now stronger due to an improved amortisation schedule, less restrictive conditions, and overall reduced leverage."

----------

Pensana PLC - London-based rare earths explorer - Says Secretary of State for Business & Trade has offered it a grant of up to GBP4.0 million, to help Pensana raise the necessary funding to build a rare earth oxide separation facility in the ‘Humber Freeport’ at the USD250 million Saltend project, a rare earth separation facility in England. Pensana expects to provide a funding, activities and deliverables plan "in the coming weeks". Chair Paul Atherley says developing Saltend "would be an important step in supporting the UK automotive supply chain...as it transitions to electric vehicles".

----------

Arix Bioscience PLC - London-based venture capital firm investing in "breakthrough" biotechnology companies - Says "core" portfolio company Harpoon Therapeutics has entered a securities purchase agreement for a private placement in public equity financing, expected to bring upfront gross proceeds of around USD100 million. San Francisco-based Harpoon, a clinical stage immunotherapy developer, expects further gross proceeds of approximately USD50 million upon cash exercise of warrants. Financing was led by a "leading biotechnology investor associated with one of the largest alternative asset managers". Arix says its holding value will continue to be determined by the market price of Harpoon's shares. Harpoon will use the proceeds to fund its clinical development programmes, including ongoing and future clinical studies of HPN328.

----------

AltynGold PLC - London-based operator of the Sekisovskoye gold mine in Kazakhstan - Production in the third quarter of 2023 "expanded significantly" to reach an annualised level of 744 kilotonnes per year and a 41.8% growth rate year-on-year. Delivered USD17.9 million in revenue, up from USD14.8 million in the third quarter of 2022.

----------

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
3 Apr 2023 14:41

Pensana prices England and Angola rare earth projects

(Alliance News) - Pensana PLC on Monday posted an updated on its Saltend rare earth separation facility in England and the Longonjo undeveloped rare earth mine in Angola.

Read more
31 Mar 2023 17:23

TRADING UPDATES: Gfinity revenue up; Pensana warns on funding needs

(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
31 Mar 2023 17:00

LONDON MARKET CLOSE: Shares climb at end of volatile month

(Alliance News) - London's FTSE 100 rounded off a difficult March with gains on Friday, as an easing of inflationary pressure in Europe and the US lifting the mood.

Read more
10 Mar 2023 11:16

EXECUTIVE CHANGES: Power Metal Resources picks new CEO, confirms chair

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

Read more
28 Nov 2022 16:41

Pensana begins on-site construction in Saltend and Longonjo

(Alliance News) - Pensana PLC on Monday said that its Saltend and Longonjo projects have commenced on-site construction programmes.

Read more
14 Nov 2022 19:52

TRADING UPDATES: Aeorema reinstates payout; Resolute upsizes fundraise

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

Read more
26 Oct 2022 17:15

Pensana confident of meeting timelines at both Angola and UK projects

(Alliance News) - Pensana PLC on Wednesday said it has been finalising specifications across each of its operations in order to keep to its planned construction and execution schedule for the year.

Read more
3 Oct 2022 19:52

TRADING UPDATES: Goodbody Health wins deal; Tekcapital secures funds

(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
27 Sep 2022 14:53

Pensana launches ESG strategy as aims for net-zero value chain by 2040

(Alliance News) - Pensana PLC on Tuesday published its 'Blueprint for Sustainable Rare Earths' sustainability report, as it seeks to supply rare earth metals for the energy transition.

Read more
26 Sep 2022 11:50

IN BRIEF: Pensana completes Longonjo mine feasibility study

Pensana PLC - London-based rare earth metal miner - Reported on Friday a total rare earth oxide reserve at the Longonjo mine of 767,000 tonnes at 2.55%. The proved total rare earth oxides was 3.19% while probable TREO was 2.05% using a NdPrO cut-off of 0.3%. Cutoff grade is the minimum grade required for a mineral to be economically mined. Material found above the grade is considered to be ore. NdPrO is neodymium and praseodymium oxide. Ore reserve estimate was undertaken by Snowden Optiro. The Longonjo rare earths deposit is based in Angola.

Read more
20 Sep 2022 12:41

Pensana to partner with Polestar to create first climate-neutral car

(Alliance News) - Pensana PLC on Tuesday said it has partnered with Polestar Automotive Holding UK PLC on its "moon-shot" goal of creating the first climate-neutral car by 2030.

Read more
2 Sep 2022 15:57

UK shareholder meetings calendar - next 7 days

Monday 5 September 
Highway Capital PLCAGM
Hill & Smith Holdings PLCAGM
Hydrogen Utopia International PLCAGM
LXi REIT PLCAGM
Monks Investment Trust PLCAGM
Totally PLCAGM
Tuesday 6 September 
Ashtead Group PLCAGM
Berkeley Group Holdings PLCAGM
Brickability Group PLCAGM
Castelnau Group LtdAGM
DS Smith PLCAGM
Lamprell PLCAGM
Renold PLCAGM
Wednesday 7 September 
BlueRock Diamonds PLCAGM
CVC Income & Growth LtdEGM
Halfords Group PLCAGM
Jupiter Green Investment Trust PLCAGM
Mulberry Group PLCAGM
Okyo Pharma LtdAGM
Polar Capital Holdings PLCAGM
Redcentric PLCAGM
Seed Innovations LtdAGM
Trifast PLCAGM
Yellow Cake PLCAGM
Thursday 8 September 
Atlantis Japan Growth Fund LtdAGM
Aston Martin Lagonda Global Holdings PLCGM proposed equity capital raise
Caretech Holdings PLCGM takeover by Sheikh Holdings Group
Chariot LtdAGM
Chelverton UK Dividend Trust PLCAGM
Currys PLCAGM
Euromoney Institutional Investor PLCGM re takeover offer by Astorg and Epiris
Gabelli Merger Plus+ Trust PLCGM tender offers
Invesco Asia Trust PLCAGM
LendInvest PLCAGM
Lindsell Train Investment Trust PLCAGM
Montanaro European Smaller Cos Trust PLCAGM
ScotGems PLCGM re voluntary liquidation
Semper Fortis Esports PLCAGM
Severfield PLCAGM
Speedy Hire PLCAGM
SysGroup PLCAGM
WH Ireland Group PLCAGM
XPS Pensions Group PLCAGM
Friday 9 September 
Baillie Gifford UK Growth Trust PLC
AGM
CLS Holdings PLCGM re tender offer
Gear4Music Holdings PLCAGM
Newcrest Mining LtdAGM
Pensana PLCAGM
ReNeuron Group PLCAGM
SVM UK Emerging Fund PLCAGM
Victoria Oil & Gas PLCAGM
Voyager Life PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
5 Aug 2022 11:14

Pensana receives GBP10 million investment for Longonjo project

(Alliance News) - Pensana PLC on Friday said Angolan Sovereign Wealth Fund will make a further USD10.0 million equity investment into the London-based miner.

Read more
22 Jul 2022 12:02

IN BRIEF: Pensana starts to construct rare earth processing hub

Pensana PLC - London-based rare earth metal miner - Starts the construction of a rare earth processing hub in Yorkshire's Saltend.

Read more
30 May 2022 18:29

TRADING UPDATES: UKOG signs lease; Alien Metals to buy Vivash Gorge

(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

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.