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Pin to quick picksSerabi Share News (SRB)

Share Price Information for Serabi (SRB)

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Share Price: 70.50
Bid: 69.00
Ask: 72.00
Change: 0.00 (0.00%)
Spread: 3.00 (4.348%)
Open: 70.50
High: 70.50
Low: 70.50
Prev. Close: 70.50
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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.

More News
4 Jun 2014 14:41

DIRECTOR DEALINGS: Serabi Gold Non-Executive Director Sells Shares

LONDON (Alliance News) - Serabi Gold PLC Wednesday said Non-Executive Director Daniel Kunz sold 5.1 million shares in the company at a price of 5.75 pence per share on Tuesday. The gold mining company said Kunz sold the shares to Fratelli Investments Ltd, which now holds 343.6 million share

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14 May 2014 11:41

Serabi Gold Pretax Loss Narrows On Foreign Exchange Savings

LONDON (Alliance News) - Serabi Gold PLC Wednesday said its pretax loss narrowed slightly in the first quarter, as lower foreign exchange costs helped the company in its move towards revenue from its Palito mine. The Brazil-focused gold miner, which is yet to produce any revenues, said its

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7 Apr 2014 09:49

Serabi Gold Announces Mixed Palito Quarterly Production

LONDON (Alliance News) - Serabi Gold PLC Monday said it has achieved mixed production rates from its Palito Mine following successful commissioning and initial switch-on in December. The Brazil-focused gold miner said its first quarter gold production was 2,300 ounces, from 11,387 tonnes of

Read more
5 Feb 2014 13:06

UK MIDDAY BRIEFING: RSA Insurance Buoyed By Ex-RBS Boss Appointment

LONDON (Alliance News) - The FTSE 100 is on the verge of snapping a five day losing streak Wednesday, led higher by the likes of RSA Insurance Group, which unveiled its new chief executive, and GlaxoSmithKline, which has just reported strong results.
Read more

5 Feb 2014 11:41

UK WINNERS & LOSERS: Hargreaves Lansdown Warns On Low Interest Rates

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.

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FTSE 100 - WINNERS

RSA Insurance Group, up 3.5%. The troubled insurer said late Tuesday t

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5 Feb 2014 08:54

Serabi Gold Jumps As It Hits More High-Grade Gold At Sao Chico

LONDON (Alliance News) - Serabi Gold PLC Wednesday said its exploration programme at its Sao Chico gold project had intersected further high-grade gold deposits, suggesting a significant extension of the mineralisation at the site. In a statement, the Brazil-focused gold miner said the late

Read more
5 Feb 2014 08:12

UK MORNING BRIEFING: Insurers In Focus As Stephen Hester Joins RSA

LONDON (Alliance News) - Shares have continued their slide at the open Wednesday, despite a positive close overnight on Wall Street.

Brokers have been taking a look at UK insurers after RSA Insurance sprung a positive surprise late Tuesday by appointing turnaround a

Read more
8 Oct 2013 11:09

UK WINNERS & LOSERS: M&S Dips But Aeorema Jumps As It Recommends First Dividend

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8 Oct 2013 10:04

Serabi Gold Prepares Mining License Application After Strong Sao Chico Results

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8 Oct 2013 09:40

STOCKS NEWS EUROPE-UK small caps flat, outperform wider market

The FTSE Small Caps Index trades flat, but outperforms the blue-chip FTSE 100 index and the FTSE 250 mid-cap index which are down by 0.8 percent and 0.3 percent respectively. Daisy Group, provider of business communication services, gains 6.5 percent after saying it is performing in line wi

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24 Jun 2013 07:36

Monday broker round-up UPDATE

Andor Technology: WH Ireland cuts target price from 500p to 380p, while staying with its buy recommendation. Investec upgrades from hold to buy with a target price of 360p. Ashtead Group: Numis raises target price from 582p to 640p, while downgrading to hold. Bellzone Mining: Investec lowers targe

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25 Feb 2013 13:13

Shares jump as Serabi Gold completes dewatering of Palito mine

Shares in AIM-listed Serabi Gold rose on Monday after the Brazil-focused gold mining and exploration company published its second operational update on mining operations at its high-grade Palito gold mine in Para state. The company reported that it had completed dewatering of the mine in January an

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28 Jan 2013 13:02

Serabi gold issues 13.6m shares to board directors

AIM-listed mining company Serabi Gold has awarded 13.6m shares to members of its board, a statement issued by the company on Monday disclosed. The company, which is currently transitioning from a gold exploration business to a mine developer, stated that gold production is expected to go ahead befo

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18 Jan 2013 06:45

STOCKS NEWS EUROPE-UK small caps close 0.5 percent higher

The FTSE Small Caps index closes 0.5 percent higher, with the mid caps ahead 0.6 percent, and the blue chips up 0.5 percent. NCC Group gains 5.5 percent as the international, independent provider of Escrow and Assurance reports a 13 percent rise in first-half group revenue to 48.1 million p

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2 Oct 2012 10:21

Resources round-up: Kalimantan Gold, Serabi Gold, Ariana Resources

Kalimantan Gold plunged 22 per cent after it said Tigers Realm Metals had pulled out of drilling at its Jelai epithermal gold project in Indonesia. "TRM did not see the results it expected in [its] modest 6-month drill test and they have provided notice to withdraw from the option deed effective Sep

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