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Pin to quick picksSerabi Share News (SRB)

Share Price Information for Serabi (SRB)

London Stock Exchange
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Share Price: 64.00
Bid: 63.00
Ask: 65.00
Change: 3.00 (4.92%)
Spread: 2.00 (3.175%)
Open: 61.00
High: 64.00
Low: 61.00
Prev. Close: 61.00
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TRADING UPDATES: Spectral does not expect delay to Rosecliff deal

Tue, 01st Aug 2023 19:45

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

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Manolete Partners PLC - London-based insolvency litigation financing firm - Notes UK Supreme Court ruling in a case involving Paccar Inc that relates to a number of funded claims in relation to truck cartel price fixing being heard in the UK's Competition Appeal Tribunal. Points out Manolete also has a number of claims in relation to the same matter. Explains all of Manolete's claims have been purchased by the company, none are funded. Thus, states the Supreme Court ruling therefore has no relevance to Manolete's claims in this matter. Considers that the prospect of any party seeking to re-open a previously completed funded case as highly remote.

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ThomasLloyd Energy Impact Trust PLC - London-based renewable energy investment trust -

ThomasLloyd Group Ltd calls on company to immediately withdraw its recommendation to vote against the continuation resolution. Believes that the current actions of the company are fundamentally detrimental to shareholder value and to the best interests of shareholders. Fails to see how the company can claim it had no alternative but to recommend that shareholders vote against the continuation resolution. Considers the actions of the board of the company to be

self-serving.

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Spectral MD Holdings Ltd - London-based artificial intelligence company focused on medical diagnostics for wound care treatment - Notes thefiling by Rosecliff Acquisition Corp regarding its delisting from Nasdaq. On April 11, Spectral announced that it had entered into a business combination agreement to combine with Rosecliff. Does not anticipate any delay to the transaction, which is expected to be completed in the third quarter.

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Thor Energy PLC - uranium and vanadium explorer - Quarterly update. Nicole Galloway Warland, managing director says: "The June quarter has seen a strong focus on our US uranium and vanadium assets, with the completion of the first high-resolution airborne magnetic and radiometric surveys in the region, covering the Wedding Bell, Radium Mountain and Vanadium King projects. This has led to several exciting high order uranium anomalies being identified in areas untested as well as along strike of history uranium and vanadium workings. Concurrently, drilling preparation and approvals are underway for follow-up drilling to the 2022 program at Wedding Bell and Radium Mountain projects, plus a maiden drill program at Vanadium King. We reported a positive set of vanadium assay results, confirming the uranium mineralisation determined by downhole gamma and highlighting broader enriched vanadium haloes of up to 0.27% vanadium."

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Everest Global PLC - London-based investment company focused on African agricultural sector - Reports revenue in six months ended April 30 fell to GBP1.4 million from GBP1.7 million the year prior. Pretax profit of GBP379,463 compared to loss of GBP4.6 million before. Basic earnings per share of 1.15 pence compared to loss per share of 17.79p. "While the world economy is uncertain with the war in the Ukraine, inflation, high interest rates and, uncertain demand and supply we believe we will steady the company and give it a solid foundation for future growth," company says.

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Serabi Gold PLC - Brazilian-focused gold mining and development company - Signs agreement with the representatives of the indigenous communities confirming their support for the long-term development of the Coringa project and setting out the steps to be followed to complete the consultation process. The agreement has been signed with Kabu Institute and the Mantino Indigenous Association who together represent all of the communities of the Bau indigenous territory. The parties have agreed not to take actions to suspend the development of the Coringa project in recognition of the long term direct and indirect local economic benefits. Over the next 180 days the parties will complete all remaining aspects of the consultation process.

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By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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17 Apr 2024 10:24

Serabi quarterly gold production rises; reiterates output guidance

(Alliance News) - Serabi Gold PLC on Wednesday reported an increase in its first quarter gold production and remains on track to meet its annual output guidance.

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8 Apr 2024 17:03

TRADING UPDATES: ECR Minerals confident on Creswick drilling results

(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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8 Apr 2024 11:00

Serabi Gold reports progress at Palito complex

(Sharecast News) - Serabi Gold updated the market on its regional exploration campaign at the Palito complex in the Tapajos region of Para State in northern Brazil on Monday, reporting significant progress and findings.

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31 Jan 2024 15:58

Serabi Gold renews trial licence for Coringa

(Sharecast News) - Serabi Gold announced the renewal of its trial mining licence for the Coringa mine on Wednesday.

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31 Jan 2024 11:36

IN BRIEF: Serabi Gold shares surge as Coringa trial licence renewed

Serabi Gold PLC - Brazil-focused gold mining and development company - National Mining Agency issues three-year renewal of Serabi's trial mining licence for its Coringa mine in north-central Brazil. New licence permits transportation of up to 50,000 tonnes of ore per year from Coringa for processing at Serabi's Palito Complex. Brazil's State Secretariat for Environment & Sustainability, or SEMAS, continues to analyse Serabi's application for the installation licence. Company is now permitted to install the planned crusher and ore sorter, expecting the latter to be operational by the fourth quarter. Serabi notes the agreement reached in July with the Bau indigenous territory's communities, which saw Kabu Institute and Mantino Indigenous Association representatives confirming their support for Coringa's long-term development.

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29 Jan 2024 17:17

Serabi reports improved full-year gold production

(Sharecast News) - Serabi Gold said in an update on Monday that in the fourth quarter of 2023, it achieved gold production of 7,891 ounces, and for the entire year, it recorded gold production of 33,153 ounces, marking a 4.2% year-on-year improvement.

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19 Dec 2023 13:33

Serabi Gold upbeat on latest exploration at Matilda

(Sharecast News) - Brazil-focussed miner and developer Serabi Gold updated the market on exploration at the Matilda Copper Prospect in the Tapajos region of Para State on Tuesday.

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30 Nov 2023 13:53

Serabi swings to third-quarter profit as production grows

(Sharecast News) - Brazil-focussed gold miner Serabi Gold reported total third-quarter gold production of 8,738 ounces on Thursday - a slight increase from 8,541 ounces in the same period in 2022.

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28 Nov 2023 13:35

EARNINGS AND TRADING: Treatt revenue up; Crossword cuts outlook

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

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21 Nov 2023 11:49

Serabi Gold reports expanded reserve estimates at Palito

(Sharecast News) - Brazil-focussed miner and developer Serabi Gold released updated mineral reserve estimates for its Palito Complex on Tuesday, including the Palito deposit and Sao Chico satellite deposit.

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19 Oct 2023 11:26

IN BRIEF: Serabi Gold purchases ore sorter for Coringa gold project

Serabi Gold PLC - Brazil-focused gold mining and development company - Buys ore sorter from Krakow-based Comex Group for use at its Coringa gold project in north-central Brazil, in the state of Para. Expects ore sorter to arrive in Brazil before the end of the year, and anticipates it to be operational by the third quarter of 2024. Says capacity of the ore sorter is 40 tonnes per hour, leading to a "significant" rise in gold production rates once operational.

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17 Oct 2023 11:27

Serabi Gold says gold production rises each quarter of year so far

(Alliance News) - Serabi Gold PLC on Tuesday said it delivered its highest quarterly production of the year in the third quarter.

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6 Oct 2023 13:07

Serabi Gold takes wraps off expanded resource at Palito

(Sharecast News) - Brazil-focussed miner and developer Serabi Gold unveiled an updated mineral resource estimate for its Palito Complex on Friday, spotlighting a substantial 50% growth in measured and indicated resources since December 2021.

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6 Oct 2023 09:52

Serabi Gold says mineral resource estimate rises by 50%

(Alliance News) - Serabi Gold PLC on Friday said its updated mineral resource estimate for the Palito complex has indicated a "significant increase" in gold.

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