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Pin to quick picksPhoenix Copper. Share News (PXC)

Share Price Information for Phoenix Copper. (PXC)

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Share Price: 19.25
Bid: 19.00
Ask: 19.50
Change: 0.35 (1.85%)
Spread: 0.50 (2.632%)
Open: 19.50
High: 19.50
Low: 18.50
Prev. Close: 18.90
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TRADING UPDATES: Atome's Paraguay progress; Severfield trades in-line

Thu, 08th Sep 2022 21:56

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

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Atome Energy PLC - Leeds, England-based producer and marketer of green hydrogen and ammonia - Signs two deals in Paraguay. "The memorandums of understanding are timed to coincide with the Invest in Paraguay conference currently being held by the Government of Paraguay in association with the Inter-American Development Bank and at which Atome's Chair, Peter Levine, is speaking," Atome says. Says approached by National Civil Aviation Authority of Paraguay, or DINAC, with view of using sustainable aviation fuels as part of decarbonisation plans. "A memorandum of understanding has now been signed between Atome and Dinac and Una under which the parties have agreed to work together with a view to identifying the potential for use of the company's products in the airports of Paraguay as well as co-operation on research projects and educational events promoting the benefits of the green fuels produced by the company," Atome says. Also strikes deal with Paraguay River & Maritime Shipowners Centre to examine how Paraguay's barge fleet can replace expensive diesel imports with use of domestically produced green fuels.

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Severfield PLC - Thirsk, England-based structural steelmaker - Says performance in first five months of year ending March 25, 2023 in line with internal expectations. Says "several ongoing contracts expected to deliver significant profits in H2". "Whilst we remain mindful of the macro-economic backdrop and particularly the inflationary pressures which are expected to continue for the foreseeable future, we are continuing to manage these well. Given the group's performance to date and the current visibility of future workload for delivery in the remainder of the 2023 financial year, we continue to expect to deliver further progress and a full year performance which is in line with our previous expectations," Severfield says.

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Phoenix Copper Ltd - base and precious metals explorer in US state of Idaho - Says drilling at Empire open pit copper mine began in June. Aims to "further the company's understanding of metallurgical recovery using ammonium thiosulfate reagent". Says exploratory drilling in the North Pit/Red Star area to begin next week Thursday.

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Agronomics Ltd - Isle of Man, UK-based cellular agriculture company - Portfolio firm Bond Pet Foods Inc completes Series A financing round, raising USD17.5 million. Agronomics invested in firm back in September through USD150,000 convertible promissory note. Note now converted into 531,692 series A preferred shares, which represent 1.9% of ownership.

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HealthBeacon PLC - Dublin-based digital therapeutics company developing project for managing injectable medications - Launches HB Smart Pills Management System, designed to manage pill regimens. "The HB Smart Pills solution is an elegant device designed to fit into a patient's home managing up to nine oral medications and integrates seamlessly with the Company's existing technology platform. The innovative HB Smart Pills solution notifies the patient when prescription refills are required and records visual images of pill containers to ascertain medication adherence," company says.

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4Global PLC - London-based data, services and software for sporting events and the promotion of physical activity - Updates on progress with strategic priorities. These include landing new clients, expanding deals with existing customers, growth in North American and European markets, turning to targeted acquisitions and also eyeing data commercialisation. Says "North America and EU entry secured". On acquisitions, it says: "In line with its stated strategy of potentially acquiring profitable GBP1-3 million turnover companies, management has identified a number of technology and data companies which are of interest. Key criteria for any potential acquisition remains that they would allow 4GLOBAL to grow its client portfolio in key target geographical markets whilst at the same time bring complementary data and technology."

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Eqtec PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Handed final approval by French government to acquire waste-to-energy gasification plant in Villers-sous-Montrond, France. "Eqtec France has launched an accelerated construction and commissioning programme to upgrade the plant. Once operational, the plant is expected to be France's largest ever combined heat and power gasification project, transforming 45,000 tonnes of mixed wood waste and refuse-derived fuel for export of clean electricity to the national grid, with the option of increasing its production capacity in future," company adds. Construction to begin in first quarter of 2023.

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Best of the Best PLC - London-based operator of weekly online raffle competitions - Signs non-binding letter of intent with Globe Invest Ltd. Duo will enter into licensing and distribution agreement, as well as marketing and collaboration pact. Best of the Best will exclusively license to Globe its business model, concept and related services to non-UK territories. "The marketing and collaboration agreement will allow GIL to promote BOTB content in the UK non-exclusively," Best of the Best says. "The parties will also discuss and agree cross-promotional commitments in connection with each party's products and services." In addition, Globe plans to acquire 30% strategic interest in Best of the Best. Stake will be acquired from firm's largest and founding shareholders, William Hindmarch and Rupert Garton. Hindmarch is Best of the Best's chief executive and Garton commercial director. Hindmarch currently holds 32% and Garton 9.1%. Following transaction, they will own 12% and 3.4%, respectively.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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28 Sep 2023 18:29

EARNINGS: Cizzle Biotechnology loss widens as admin costs mount

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

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4 Sep 2023 13:30

IN BRIEF: Phoenix Copper notes metallurgical potential at Empire

Phoenix Copper Ltd - Base and precious metals explorer in the US state of Idaho - Says metallurgical test work at Empire mine shows possible "robust" copper, gold and silver recoveries. Says the test was completed by Forte Dynamics, which consisted of flotation processes as well as sulphuric acid leaching. Adds Navarre Creek drilling campaign is underway, with a total of 9.825 feet drilled so far.

Read more
4 Sep 2023 10:57

Phoenix Copper upbeat on testing results from Empire Mine

(Sharecast News) - US-focussed Phoenix Copper announced successful results from its metallurgical testing at the Empire Mine open pit on Monday.

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17 Jul 2023 13:54

IN BRIEF: Phoenix Copper 2023 Navarre Creek drill programme underway

Phoenix Copper Ltd - Base and precious metals' explorer in the US state of Idaho - Says 2023 drilling programme underway at Navarre Creek exploration project in Custer County, Idaho. Says programme will comprise up to 60 reverse-circulation drill holes from 30 drill pads at the Navarre Creek claim block. Notes drill programme is to obtain a better understanding of mapping, surface geochemistry, mineral imagery and geomagnetic ground surveys.

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23 Jun 2023 15:35

Phoenix Copper extends $2m loan facility

(Sharecast News) - United States-focussed base and precious metals explorer and producer Phoenix Copper updated the market on the short-term $2m loan facility on Friday, which was first announced on 24 March.

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23 Jun 2023 15:25

CORRECT: IN BRIEF: Phoenix Copper extends loan facility

(Correcting that the loan facility is with Riverfort Global Opportunities PCC Ltd, not RiverFort Global Opportunities PLC).

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23 Jun 2023 10:43

IN BRIEF: Phoenix Copper extends loan facility by further three months

Phoenix Copper Ltd - base and precious metals explorer in US state of Idaho - Extends "short-term" USD2.0 million loan facility by a further three months. In March, Phoenix had signed the unsecured three-month loan facility carrying a fixed 4% coupon with High Wycombe, Buckinghamshire-based investment adviser RiverFort Global Opportunities PLC. At the time, it said the facility will strengthen operational working capital before the 2023 exploration season.

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6 Jun 2023 19:37

TRADING UPDATES: Woodbois strikes repayment deal with Sydbank

(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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25 May 2023 11:54

IN BRIEF: Phoenix Copper loss widens; says mining sector to normalise

Phoenix Copper Ltd - base and precious metals explorer in US state of Idaho - Pretax loss widens to USD1.6 million in 2022 from USD969,250 in 2021. Records no revenue, unchanged from the previous year. Phoenix Copper expects market volatility to remain until the war in Ukraine reaches a conclusion.

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12 Apr 2023 14:40

Phoenix Copper reports results from Red Star drilling

(Sharecast News) - United States-focussed base and precious metals explorer and emerging producer Phoenix Copper released assay results from the Red Star exploration drilling at the Empire Mine in Custer County, Idaho on Wednesday.

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12 Apr 2023 10:58

Phoenix Copper hails gold and silver find at Empire mine in Idaho

(Alliance News) - Phoenix Copper Ltd on Wednesday announced it completed its Red Star reverse circulation drilling at the Empire mine in Custer County, Idaho.

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24 Mar 2023 15:10

Phoenix takes $2m short-term loan as it finalises copper bonds

(Sharecast News) - US-focussed explorer and producer Phoenix Copper said in an update on Friday that it was finalising discussions with a number of parties to place up to $80m of corporate copper bonds, as it first announced on 8 June.

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24 Mar 2023 10:37

Phoenix Copper in talks to finalise placing of copper-linked bonds

(Alliance News) - Phoenix Copper Ltd on Friday said it was finalising discussions to place up to USD80 million of corporate copper bonds, initially announced in June.

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16 Mar 2023 20:21

TRADING UPDATES: Highbridge delays liquidation; Phoenix finds silver

(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
16 Mar 2023 15:53

Phoenix Copper pleased with Empire assay results

(Sharecast News) - Phoenix Copper reported assay results from three metallurgical core holes at its Empire open-pit copper project on Thursday, located in Custer County, Idaho.

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