The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSerabi Share News (SRB)

Share Price Information for Serabi (SRB)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 63.50
Bid: 62.00
Ask: 65.00
Change: 0.50 (0.79%)
Spread: 3.00 (4.839%)
Open: 63.00
High: 64.00
Low: 63.00
Prev. Close: 63.00
SRB 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: Angus in Balcombe blow; YouGov buys Canada asset

Tue, 02nd Mar 2021 19:11

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

----------

Angus Energy PLC - UK-focused onshore oil and gas development company - Notes West Sussex County Council's Planning Committee rejects planning application for an extended well test at Balcombe oil field. Angus says "disappointed" by decision. "The company is presently evaluating all of the options available with its partners," Angus adds.

----------

YouGov PLC - London-based research data and analytics group - Buys Toronto-based sports research and consulting agency Charlton Insights, boosting YouGov Sport's presence in Canada. Acquisition fee is tied to a "three year earn-out", YouGov adds.

----------

CloudCall Group PLC - Leicester, England-based provider of unified communications and contact centre software - Receives additional demand so boosts size of fundraising to GBP7.5 million, from GBP7.0 million. Equity raise consists of 8.8 million placing shares and 357,169 shares as part of PrimaryBid offer.

----------

Next Fifteen Communications Group PLC - London-based digital communication group - To repay GBP1.4 million in furlough money from UK government amid "continued strong trading performance".

----------

FastForward Innovations Ltd - technology and life sciences sector focused investor - Notes 2.3% owned investee EMMAC Life Sciences sells wellness brands to Yooma Wellness Inc. FastForward has a 9.0% stake in Yooma.

----------

Vela Technologies PLC - Bingley, England-based company with investments in early-stage disruptive technology businesses - Invests roughly GBP66,000 in Mode Global Holdings PLC, as part of the London-listed fintech firm's GBP6 million placing.

----------

Warehouse REIT PLC - real estate investment trust focused on warehouse assets - Buys multi-let warehouse estate on Glasgow Airport Business Park for GBP5.3 million, representing net initial yield of 6.3%. "The property generates a net rental income of GBP357,000 per annum," Warehouse REIT adds.

----------

600 Group PLC - West Yorkshire, England-based manufacturer and distributor of machine tools, precision engineered components and industrial laser systems - Says three US operations granted forgiveness of initial loans under US government's Paycheck Protection Program. Loans amount to USD2.2 million. "Second round funding under the PPP scheme for an additional USD2.2 million has been applied for. From this application, two of the three entities have so far received their allocation, amounting to USD1.6 million, with the remaining USD600,000 expected to be received in the coming weeks," 600 adds. Notes order intake has continued to improve since first Covid-19 outbreak, with February up about 40% annually.

----------

Coral Products PLC - Merseyside-based supplier of injection moulded plastic products - Completes disposal of Coral Product (Mouldings) Ltd and Interpack Ltd to One51 ES Plastics UK Ltd for GBP7.9 million. Notes as planned, Chief Executive Officer Michael Wood steps down following disposals. Non-Executive Chair Joseph Grimmond becomes executive chair.

----------

Omega Diagnostics Group PLC - sells wide range of specialist products, primarily in the immunoassay, in-vitro diagnostics market - Lands contract with Screen4 Ltd to provide Covid-19 antibody laboratory-based testing services.

----------

Quadrise Fuels International PLC - London-based fuel conversion technology firm - Raises GBP6.0 million from placing of 222.2 million shares at 2.7 pence each.

----------

PureTech Health PLC- Boston, Massachusetts-based biotherapeutics company - Founded entity Karuna Therapeutics, a firm developing medicines for psychiatric and neurological conditions, prices offer of 2.1 million shares at USD120.00 each. To raise about USD250.0 million.

----------

Castillo Copper Ltd - Australia and Zambia focused base metal explorer - Earmarks "strategic intent" to progress Big One deposit, Australia following " a series of excellent assay results" and global demand for copper. Castillo adds: "Further work is planned to extend known mineralisation and Big One deposit's potential scale, commencing with an induced polarisation survey to identify incremental test-drill targets."

----------

88 Energy Ltd - Alaska-focused oil producer - Says mobilisation of rig 111 to Merlin-1 location "progressing well" but reports "minor delays" attributed to weather. Spud date scheduled for March 8.

----------

Serabi Gold PLC - Brazil-focused gold miner - Raises USD17.5 million, about GBP12.5 million, from placing of 16.7 million shares at GBP0.75 each. "The financing completed today creates a strong financial position for Serabi from which we will be able to advance our significant growth opportunities," CEO Mike Hodgson says.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
17 Jan 2023 20:13

TRADING UPDATES: Equals to beat market forecasts; Pebble in line

(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
17 Jan 2023 17:22

Serabi exceeds full-year gold production estimates

(Sharecast News) - Brazil-focussed gold miner and developer Serabi said gold production in the fourth quarter of 2022 totalled 7,798 ounces.

Read more
17 Jan 2023 11:12

AIM WINNERS & LOSERS: Revolution Bars to hit lower end of guidance

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

Read more
13 Dec 2022 12:40

Serabi Gold keeps costs in line as earnings fall

(Sharecast News) - Serabi Gold reported third-quarter production of 8,541 ounces on Tuesday, bringing total gold production for the first nine months of 2022 to 24,021 ounces.

Read more
17 Oct 2022 08:16

IN BRIEF: Serabi Gold on track to exceed annual gold output guidance

Serabi Gold PLC - Brazil-focused gold miner - On Thursday last week, says total gold production for the third quarter totals 8,542 ounces, up from 8,418 ounces in the second quarter, but down from 9,035 ounces a year ago. Says this quarter saw "2,600 tonnes of higher-grade Coringa development ore transported to Palito, contributing 570 ounces of gold production for the quarter".

Read more
26 Sep 2022 20:22

TRADING UPDATES: AltynGold, Rambler Metals & Mining revenue grows

(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
26 Sep 2022 14:07

Serabi Gold upbeat on latest drilling at Palito

(Sharecast News) - Serabi Gold updated the market on exploration at its Palito Mine in the Tapajos region of Brazil's Para state on Monday.

Read more
2 Sep 2022 06:58

IN BRIEF: Serabi Gold half-year profit falls 68% on cost of sales

Serabi Gold PLC - Brazil-focused gold miner - On Wednesday reports interim profit falls on growing costs. Pretax profit in the six months to June 30 falls 68% to USD2.5 million from USD7.9 million a year prior. Revenue falls by 4.0% to USD31.2 million from USD32.5 million. Cost of sales surge 27% to USD23.3 million from USD18.4 million.

Read more
23 Aug 2022 21:59

IN BRIEF: Serabi Gold must prepare additional study at Coringa project

Serabi Gold PLC - London-based Brazil-focused gold miner - Says that an appeal has been upheld requiring the company to prepare an additional study to assess the impact of its activities at the Coringa Gold project in Brazil. Serabi had previously contested that this study was not a legal requirement.

Read more
17 Aug 2022 14:53

Serabi Gold reports positive sampling from Tapajos region

(Sharecast News) - Brazil-focussed miner and developer Serabi Gold updated the market on operations in the Tapajos region of the country's Para State on Tuesday, reporting total July production of 2,703 ounces.

Read more
17 Aug 2022 14:21

IN BRIEF: Serabi Gold shares up on gold production in Para, Brazil

Serabi Gold PLC - London-based Brazil-focused gold miner - Says it's on track to meet its gold production guidance of 30,000 ounces of gold in 2022. Finds up to 302.37 grammes of gold per tonne at its Coringa project in the Tapajos region of Para, a state in northern Brazil. Says produced 2,703 ounces of gold in July.

Read more
8 Aug 2022 12:57

Michael Lynch-Bell appointed as new Serabi Gold chair

(Sharecast News) - Brazil-focussed miner and developer Serabi Gold announced the appointment of Michael Lynch-Bell as a non-executive director and its new chairman on Monday, with immediate effect.

Read more
8 Aug 2022 10:51

Serabi Gold appoints former EY partner Lynch-Bell as chair

(Alliance News) - Serabi Gold PLC on Monday said it has appointed Michael Lynch-Bell as non-executive chair with immediate effect.

Read more
13 Jul 2022 12:28

Serabi mines less gold in first half but expects to hit 2022 target

(Alliance News) - Serabi Gold PLC on Wednesday reported it produced less gold in the first half of the year but added it will meet its 2022 production target.

Read more
13 Jul 2022 09:37

Serabi reports 'strong improvement' in Q2 production

(Sharecast News) - Brazil-focussed gold developer and miner Serabi reported a "strong improvement" in production in its second quarter on Wednesday, with 8,418 ounces recovered.

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.