focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSunrise Res Share News (SRES)

Share Price Information for Sunrise Res (SRES)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0375
Bid: 0.025
Ask: 0.05
Change: 0.00 (0.00%)
Spread: 0.025 (100.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.0475
SRES 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: Victoria Quarter Earnings Rise, Launches Tender Offer

Tue, 23rd Feb 2021 18:08

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

----------

Victoria PLC - Worcestershire-headquartered flooring firm - Announces tender offer to purchase EUR50 million of senior secured notes due 2024. Also says it intends to offer EUR350 million in senior secured notes due 2026. Says it will use the new cash for general corporate purposes - particularly acquisitions - and the partial refinancing of existing 2024 senior secured notes to further improve the maturity profile of the group's debt. Additionally, highlights higher quarterly earnings with revenue for the third quarter to December-end up 16% year-on-year at around GBP184 million and earnings before interest, tax, depreciation, and amortization at GBP120.0 million.

----------

Sunrise Resources PLC- miner focused on operations in Nevada, US and Western Australia - Says a 500-ton sample of natural pozzolan has been delivered to a large cement and ready-mix company in the US. Adds results from a strength testing of mortar blocks made using a 20% substitution of ordinary Portland cement with natural pozzolan from the 500-ton bulk sample shows mortar strength "well in excess of the requirements of ASTM C618" after just seven days curing. Less positively, due to high demand for perlite, all potential customers are currently focussing on their own production and this has caused delays to Sunrise receiving test results of its own product. Separately, Sunrise says it is progressing with drilling plans at Bakers Gold project in Australia, noting the proposed drill programme will comprise five reverse circulation drill holes between 100 metres and 200 metres deep to test three separate gold targets which include old mine workings, areas of gold nugget production and a gold-in-soil geochemical anomaly.

----------

Serinus Energy PLC - oil company with operations in Romania and Tunisia - Notes flow test results of the Moftinu-1008 well in Romania show the 1,000 metre well flowing 4.0 million standard cubic feet per day, around 667 barrels of oil equivalent per day. Notes the well is now awaiting tie-in as the flowline connecting in to the Moftinu gas plant has been completed and requires final pressure testing.

----------

Bezant Resources PLC - copper-gold exploration and development company - Begins diamond drill testing at its Kalengwa exploration project area in Zambia. Notes the maiden 800 metre programme will test the first two priority exploration targets based on review of extensive historic exploration datasets. Says target Kalengwa SW2 shows strong magnetic and copper geochemical anomalies that straddle the major Kalengwa Lineament structure 2.5 kilometres southwest from a former mine and target Minemba is located on a structural "mirror image" of the Kalengwa mine setting just 4 kilometres distant, with a coincident copper geochemical anomaly. Says it has signed a drill contract and a rig will be mobilised soon.

----------

Greatland Gold PLC - precious and base metals exploration and development in Western Australia and Tasmania - Says initial 2021 work programme for the Juri gold-copper joint venture with Australia-based Newcrest Mining Ltd includes drilling of several targets within the Paterson Range East and Black Hills licences. Adds it has identified multiple additional targets within the Juri JV following analysis of results of a airborne electromagnetic survey and further geological interpretation of regional aeromagnetics. Notes exploration work at the Juri JV is focussed on the discovery of intrusion related gold-copper deposits similar to Havieron, Telfer and Winu.

----------

United Oil & Gas PLC - oil and gas explorer - Says preliminary results form its ASH-3 development well at the Abu Sennan project in Egypt show a maximum rate of 7,720 barrels oil equivalent per day, comprising 6,379 barrels of oil per day and 6.7 million cubic feet per day from the Alam El Bueib reservoir during well-testing

----------

Red Rock Resources PLC- gold explorer in Kenya and Australia, copper-cobalt in DRC - Says mineral resource estimate at Mikei Gold Project in Kenya is 15.13 million tonnes at 1.49 grams per tonne of gold, with contained metal content of 723,000 ounces of gold. "We now have the opportunity to build on this solid base and it is our belief that the potential for expansion at and around Mikei is strong," says Chair Andrew Bell.

----------

Golden Rock Global PLC - special purpose acquisition company eyeing buy in fintech sector - Raises GBP200,000 through the subscription for 3.2 million shares at GBP0.0625 each and will use the capital for "much-needed" additional working capital which will extend the period during which it is able to continue to seek an acquisition. Separately, says non-executive directors Feng Chen and Bin Shi resign effective immediately, but does not give the reason why.

----------

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
19 Jan 2015 09:54

Sunrise Resources Raises GBP210,000 In Share Issue (ALLISS)

Read more
16 Jan 2015 14:42

UK DIRECTOR DEALINGS SUMMARY: New Morrisons Chairman Buys

Read more
12 Jan 2015 13:49

DIRECTOR DEALINGS: Sunrise Resources Chairman Buys 500,000 Shares

Read more
20 Nov 2014 15:35

Sunrise Resources finds high-quality silver in Nevada

Shares in Sunrise Resources brightened after the US silver explorer struck a high quality deposit of the precious metal in Nevada. The stock rose 0.03p or 6.25% to 0.43p as Sunrise said 11 samples contained an average of 11.3 ounces per ton of silver along a 280-metre strike length of the Chihuahua-

Read more
7 Nov 2014 17:22

Sunrise Resources Issues Shares To Tertiary Minerals To Settle Management Fees (ALLISS)

Read more
30 Oct 2014 09:07

Sunrise Resources Shares Volatile After Australian Project Update

Read more
25 Sep 2014 08:24

Sunrise Resources Signs 10-Year Lease Of Mining Patents In Nevada

Read more
23 Sep 2014 09:42

Sunrise Soil Sampling At Corona, Bakers; Application For Dickey Lee

Read more
20 Aug 2014 16:03

Sunrise Resources Issues Shares To Directors Instead Of Cash Fees

Read more
19 Aug 2014 13:37

Sunrise Resources announces diamond recovery in Australia

Sunrise Resources, the mineral development company, reported the recovery of diamonds samples from its Cue Diamond Project in western Australia. Diamonds were recovered from two target areas and 15 small samples were processed from nine drill holes at four separate target areas, which is proof, the

Read more
19 Aug 2014 08:57

Sunrise Resources Finds Diamonds In Latest Samples At Cue Site

Read more
15 Aug 2014 14:45

Sunrise Resources unveils positive tests at US mineral project

Mineral explorer Sunrise Resources revealed positive test results from a US mining scheme, boosting its shares. Sunrise said the sampling results at its 100%-owned County Line Diatomite project in Nevada, which it bought in February this year, showed the potential for a large tonnage of diatomite.

Read more
15 Aug 2014 11:05

UK MIDDAY BRIEFING: BHP Billiton On Verge Of Asset Demerger

Read more
15 Aug 2014 10:59

UK WINNERS & LOSERS: BHP Billiton Tops FTSE 100 After Demerger Plans

Read more
15 Aug 2014 07:39

UK MORNING BRIEFING: Miners Lead Broad-Based London Gains

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.