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Share Price Information for SolGold (SOLG)

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Share Price: 9.14
Bid: 8.63
Ask: 8.84
Change: 0.28 (3.16%)
Spread: 0.21 (2.433%)
Open: 8.80
High: 9.25
Low: 8.80
Prev. Close: 8.86
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UK TRADING UPDATE SUMMARY: Staffline Pens New Deal, Extends Tesco Pact

Mon, 05th Oct 2020 19:23

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

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Staffline Group PLC - Nottingham, England-based recruitment & training group - PeoplePlus adult skills and training division selected for UK government's Provision of Employment & Health Related Services framework. Agrees three-year extension to provide contingent labour to grocer Tesco PLC.

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Norman Broadbent PLC - London-based recruitment and professional services firm - Acquires outstanding minority interest of 25% in Normal Broadbent Interim Management Ltd, from seller Anhela Hickmore, for GBP135,000. Norman Broadbent says GBP65,000 to be paid in cash and GBP70,000 in shares.

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SimiGon Ltd - simulation training solutions provider - Awarded additional USD500,000 for C-130 virtual maintenance training contract with "large international defense company".

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VR Education Holdings PLC - Waterford, Ireland-based virtual reality education and enterprise training - ENGAGE platform selected for Global Youth Takeover, a "major United Nations event". "With Covid-19 making many physical events impossible, using VR technology, the ENGAGE platform can provide attendees of virtual conferences with a real live event experience," VR Education said.

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BATM Advanced Communications Ltd - Israel-based data & telecommunications company - Receives EUR4.3 million initial order from Italy-based "major new customer" for Covid-19 tests.

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Tekcapital PLC - UK intellectual property investment company - Portfolio company Guident enters into mobile connectivity partnership with Cirrus Core Networks Inc for US in autonomous vehicles.

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Zephyr Energy PLC - technology-led oil & gas exploration company focused on US - Plans to begin spudding of dual purpose well a Paradox project, Utah by end of year. Secures USD2 million funding from US Department of Energy.

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Central Asia Metals PLC - copper, zinc and lead explorer, operating in Kazakhstan and North Macedonia - Pays EUR65,000 environmental fine from Sasa tailings leak. Received approval in North Macedonia to recommence operations at Sasa. Plant will work at 50% capacity for trial period. Total cost of incident, including repairs and environmental aspects, to be below USD1.5 million.

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Predator Oil & Gas Holdings PLC - Jersey-based oil & gas company - Did not acquire FRAM Exploration Trinidad Ltd by September 30 deadline. Says acquiring asset which produces energy through conventional means does not fit with its strategy. "Furthermore, in line with the company's prudent management of resources through the Covid-19 crisis, it was deemed inappropriate to enter into a corporate transaction that would involve significant transaction costs; potential delays in regulatory approvals; taking on liabilities and administrative burdens associated with an incremental production service contract; and potentially significant shareholder dilution," Predator said.

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Alba Mineral Resources PLC - mineral exploration & development company, with projects in Greenland, Wales and Ireland - Updates on work at Clogau-St David's gold mine. Says four drill holes completed so far and has permission extended to allow for drilling to continue until end of October.

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Mosman Oil & Gas Ltd - oil exploration company - Says operator of Stanley-4 well, located in Texas, reports output of 1,661 barrels of oil from asset since September 22.

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Thor Mining PLC - vanadium & gold miner in US and Australia - Begins close-spaced airborne magnetics survey at Ragged Range project at Pilbara Goldfield tenements, Australia. "The airborne magnetics survey is designed to map out the underlying mafic/ultramafic greenstones and to identify key prospective structures," Thor said.

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Aura Energy Ltd - Australian minerals company - Says more steps completed ahead of plans to seal CAD4.5 million, about GBP2.6 million, gold funding deal with Archean Gold. Aura completes final USD100,000 payment to Nomads Mining Co Sarl and Archean completes due diligence of Aura's Tasiast South gold project.

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SDX Energy PLC - London-based oil & gas explorer - Says has performed "strongly" so far in second half, with output ahead of guidance.

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Pensana Rare Earths PLC - operator of rare earths project in Angola - Reports successful output of NdPr-rich mixed rare earth carbonate following testwork at Longonjo project. "MREC is a much higher purity and higher value product and has a much broader market and range of applications than the concentrate product contemplated in Pensana's preliminary feasibility study. Based on information provided by industry specialists the specifications of Longonjo's MREC compares favourably with the main products currently being produced and sold mainly in China," Pensana said.

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SolGold PLC - Australian gold & copper mining company - Plans larger 50,000 metres drilling programme at Porvenir project, subject to ongoing positive results. Says first drill hole intersected 644 metres of visual copper sulphide mineralisation.

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Path Investments PLC - energy & natural resources investment company - Reports proposed sale of Kansas Land leases to GasRock Ltd for GBP126,000.

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Braveheart Investment Group PLC - Barnsely, England-based strategic investor - Investee Paraytec Ltd sees "minor logistical issues" in proof of concept work for a Covid-19 test with the University of Sheffield. Issues due to local lockdown restrictions in UK.

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Alternative Income REIT PLC - real estate investment trust focused on UK commercial property assets - Investment manager proposes amendment to investing policy. Proposes reducing minimum weighted average unexpired lease term of portfolio to 12 years and backs removal of the restrictions to permitted sectors in property market.

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RTW Venture Fund Ltd - New York-based investment company which invests in life sciences, biopharmaceutical, and medical technology companies - Portfolio company C4 Therapeutics Inc prices USD182.4 million Nasdaq Global Market float. Will offer 9.6 million shares at USD19.00 each. On first day of trading, C4's shares climbed 34% to USD25.49.

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EQTEC PLC - waste-to-energy project developer, based in London - Signs deal with Wood Group UK Ltd and DS Mena to aide "effective deployment" of EQTEC technology to global energy-to-waste sector.

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PureTech Health PLC - biotherapeutics company - Says founded entity Alivio Therapeutics lands USD3.3 million from US Department of Defense, to further development of ALV-304 treatment for inflammatory bowel disease.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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13 Aug 2018 13:11

SolGold Receives Exceptional Results From Drilling At Ecuador Project

LONDON (Alliance News) - SolGold PLC said Monday it received "exceptional" assay results form infill drilling at its Cascabel copper project in Ecuador.The company said the a more

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21 May 2018 14:35

SolGold Discover New Copper And Gold Mineralisation Targets In Ecuador

LONDON (Alliance News) - SolGold PLC said on Monday it has discovered two new copper targets and new mineralised outcrops within the 60 kilometres of potential strike at its two projects in the of

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1 May 2018 13:07

SolGold Hires Mining Lawyer James Clare As Non-Executive Director

LONDON (Alliance News) - Resources firm SolGold PLC on Tuesday announced the appointment of James Clare as a non-executive director.Clare, it said, is a partner of Canadian law firm Bennett

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17 Apr 2018 15:30

SolGold Sees Further High-Grade Extensions At Ecuador Mine

LONDON (Alliance News) - Australian gold and copper mining company SolGold PLC said Tuesday that drilling at the Cascabel project in Ecuador encountered further high-grade extensions.The at

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20 Mar 2018 15:12

SolGold Finds High Grade Gold Mineralisation At Ecuadorian Project

LONDON (Alliance News) -SolGold PLC said Tuesday that it has identified gold mineralisation at the 100% owned Blanca Nieves Project located in northern project is owned by the

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14 Feb 2017 15:36

SolGold gets lucky at Alpala

(ShareCast News) - SolGold announced assay results from Hole 19 at the Alpala deposit, at the company's Cascabel copper-gold porphyry project in Ecuador on Tuesday. The AIM-traded firm said drill hole 19 returned a broad mineralised zone of 1132m grading 0.50% copper and 0.33 g/t gold from 268m dept

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4 Jan 2017 09:06

SolGold finds copper rich Bornite at Ecuador mine

(ShareCast News) - Shares in AIM-listed Sold Gold rose on Wednesday as the miner reported that it found copper rich Bornite at its Ecuador site. The Australian miner said it found over 800m of significant copper mineralisation from 325.6m to current depth 1161.5m at the hole 19 intersection, includi

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22 Dec 2016 16:48

SolGold drilling deeper at Cascabel

(ShareCast News) - SolGold updated the market on exploration at its Cascabel copper-gold porphyry project in Ecuador on Thursday. The AIM-traded company said drill hole CSD-16-018, is at a depth of 1829.7m, extending the rich lower portions of the Alpala deposit, and confirming the deepest mineralis

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5 Dec 2016 10:24

SolGold one of AIM's top 50 companies

(ShareCast News) - Australian gold and copper miner SolGold is to become one of the top 50 companies on AIM, the London Stock Exchange's junior market. The miner is to join the FTSE AIM 50 index, which is made up of the largest AIM companies by market capitalisation, on 12 December. Going forward,

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24 Nov 2016 10:43

SolGold Drilling At Cascabel Intersecting Strong Copper Mineralisation

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10 Oct 2016 08:41

SolGold rejects BHP share deal and Cascabel earn-in, analysts expect new offer

(ShareCast News) - SolGold has rejected an offer from BHP Billiton to buy 10% of the compay for $30m (£24.2m) as well as a $275m earn-in payment for most of the AIM-listed company's share in its Cascabel project in Ecuador. BHP's proposal, which would replace the previously announced $33m financing

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22 Sep 2016 09:11

SolGold Scraps Newcrest Investment Offer As Superior Offer Is Tabled (ALLISS)

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26 Aug 2016 09:42

SolGold placing raises $25.1m in first stage of financing

(ShareCast News) - Australian gold and copper miner SolGold confirmed its shareplacing on AIM on Friday, raising £16.1munder the first tranche of the deal negotiated with Maxit Capital. The proceeds from the capital raising will be used to continue to fund the company's exploration of its flagship C

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25 Aug 2016 15:32

SolGold aims to raise further equity after Friday's share placing

(ShareCast News) - Australian gold and copper miner SolGold's shares soared 24% on Thursday ahead of its AIM share placing on Friday, as it said demand had been strong for its two capital raising initiatives. On 8 July and with a revised offer on 1 August, the company agreed to raise capital through

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9 Aug 2016 14:57

SolGold says Ecuador is a strong exploration and mining destination

(ShareCast News) - Australian gold and copper miner SolGold said Ecuador was becoming a strong exploration and mining destination due to recent developments at other mining companies in the region. Miner Lundin Gold agreed terms on an investment protection agreement for the Fruta del Norte mining pr

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