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Pin to quick picksSerabi Share News (SRB)

Share Price Information for Serabi (SRB)

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Share Price: 66.00
Bid: 65.00
Ask: 67.00
Change: 1.50 (2.33%)
Spread: 2.00 (3.077%)
Open: 64.50
High: 66.00
Low: 64.50
Prev. Close: 64.50
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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.

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14 Jan 2020 11:14

Serabi Gold Forecasts Improved Production As Brazil Operations Do Well

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Serabi Gold Shares Rise On Drilling Results At Sao Chico Project

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6 Jan 2020 10:03

Serabi Gold shares rise on results from Sao Chico drilling

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold announced results from its ongoing surface and underground exploration diamond drilling programme on the Sao Chico orebody at its Palito Complex on Monday.

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3 Jan 2020 11:51

Friday broker round-up

(Sharecast News) - Homeserve: Peel Hunt upgrades to buy with a target price of 1,450p.

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23 Dec 2019 17:35

Serabi Gold In Agreement To Extend Final USD12 Million Coringa Payment

Serabi Gold In Agreement To Extend Final USD12 Million Coringa Payment

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23 Dec 2019 14:51

Serabi Gold pushes back date for final Chapleau payment

(Sharecast News) - Brazil-focussed gold exploration and development company Serabi Gold announced on Monday that itself and Equinox Gold Corporation - the parent company of Anfield Gold Corporation - agreed on 20 December to extend the final payment date for the deferred consideration due over the acquisition of Chapleau Resources.

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12 Nov 2019 13:31

Tuesday broker round-up

(Sharecast News) - BBA Aviation: HSBC downgrades to hold with a target price of 330p.

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11 Nov 2019 12:58

Serabi Swings To Third Quarter Profit; Output Edges To 2019 Target

Serabi Swings To Third Quarter Profit; Output Edges To 2019 Target

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11 Nov 2019 11:52

Serabi Gold turns in solid third quarter performance

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold reported EBITDA of $4.6m (£3.59m) in its third quarter results on Monday, swinging from the small loss it made at the same time last year.

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22 Oct 2019 12:27

Serabi Files Coringa Technical Report; Construction 2020 Third Quarter

Serabi Files Coringa Technical Report; Construction 2020 Third Quarter

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14 Oct 2019 15:50

Serabi Gold pleased with third quarter results from Tapajos

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold released the results and a review of its third quarter operational and development activities in the Tapajos region of Para State in the north of the country on Monday.

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14 Oct 2019 09:06

Serabi Gold Production Up In Third Quarter, Narrows Annual Guidance

Serabi Gold Production Up In Third Quarter, Narrows Annual Guidance

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15 May 2019 15:00

Serabi Gold sees EBITDA surge in first quarter

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold reported a 47% improvement in its EBITDA for its first quarter on Wednesday, to $4.3m.

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15 Apr 2019 15:23

Serabi Gold sees improved production in first quarter

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold reported first quarter gold production of 10,164 ounces on Monday, up from 9,188 ounces year-on-year and maintaining the momentum from the end of 2018.

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13 Feb 2019 14:00

Serabi Gold starts year on a strong note

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold updated the market on its operations and projects in Brazil on Wednesday, reporting January gold production of 3,671 ounces, in line with its previous guidance.

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