GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSovereign Metals Share News (SVML)

Share Price Information for Sovereign Metals (SVML)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 33.50
Bid: 33.00
Ask: 34.00
Change: 0.00 (0.00%)
Spread: 1.00 (3.03%)
Open: 33.50
High: 33.50
Low: 33.50
Prev. Close: 33.50
SVML 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: Schroders Capital Global investee to be bought out

Tue, 31st Oct 2023 17:58

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

----------

Schroders Capital Global Innovation Trust PLC - London-based investment trust focused on a diversified portfolio of global private and public equity companies - Says cybersecurity portfolio firm Tessian to be acquired by Proofpoint. "The agreement is expected to close in late 2023 to early 2024, subject to customary closing conditions and required regulatory approvals. Details of the transaction were not disclosed," SCGIT says. It had made USD6.8 million investment in Tessian back in May 2021.

----------

Gateley Holdings PLC - Birmingham, England-based legal and professional services group - Says GBP6.2 million total earn out consideration for acquisition of Gateley Smithers Purslow has been paid to vendors, satisfied 38% in ordinary shares in Gateley and 62% in cash. "The earn out consideration has been achieved as a result of GSP realising not less than GBP4.5 million of [earnings before interest, tax, depreciation and amortisation] over the 24 months to 30 September 2023," Gateley says.

----------

SDX Energy PLC - North-Africa focused oil and gas firm - Completes testing operations on the KSR-21 well in Morocco. "The well, targeting a prospect within the Hoot formation, was drilled to a total vertical depth of 1,955 meters," SDX says.

----------

Future Metals NL - West Perth-based exploration company, focused on the Panton platinum group metals project - Reports cash and cash equivalents at end of period of AUD1.6 million, around GBP834,645, at end of first-quarter to September 30. Last week Thursday, it reported a resource upgrade for Panton asset. The latest mineral resource estimate confirmed Panton as "the highest grade in Australia and one of the highest grade undeveloped PGM projects globally".

----------

Sovereign Metals Ltd - Malawi-focused mining exploration and development company - Says cash and cash equivalents at September 30 first-quarter end totals AUD43.0 million, amid AUD40.6 million proceeds from equity issue, up from AUD5.6 million at end of final quarter.

----------

Atlantic Lithium Ltd - Africa-focused lithium exploration and development company - Cash and cash equivalents in first-quarter ended September 30 decline to AUD10.6 million from AUD15.3 million at financial year end. Says AUD2.09 million used in operating activities and AUD3.0 million in investing activities.

----------

Celsius Resources Ltd - focused on its portfolio of copper-gold resources in the Philippines - Cash and cash equivalents in first-quarter ended September 30 total AUD3.7 million, down from AUD5.0 million at financial year-end. Says AUD1.2 million used in operating activities, AUD572,000 used in investing activities but net cash position gets AUD415,000 lift from financing activities.

----------

Aminex PLC - oil and gas investment company focused on Tanzania - Notes announcement from Orca Energy Group Inc on 3D seismic programme at Kiliwani asset in Tanzania. The third party contractor responsible for the seismic programme has suspended operations. A breach of contract notice has been handed the contractor. Aminex adds: "We are in the process of discussing the impact of the above information on the proposed acquisition of 3D seismic data over part of the Kiliwani North development licence area with Orca and shall provide a further update in due course."

----------

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
2 Nov 2023 20:54

TRADING UPDATES: Inspiration Healthcare launches new ventilator

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

Read more
16 Oct 2023 13:52

IN BRIEF: Sovereign Metals names Central Copper's Frank Eager as CEO

Sovereign Metals Ltd - Malawi-focused mining exploration and development company - Appoints Frank Eagar as managing director and chief executive officer, effective from October 20. Eager is a chartered accountant, with corporate, commercial and technical experience in the mining sector. He was previously chief financial officer at Central Copper Resources PLC, and CEO of Baobab Steel Ltd.

Read more
29 Sep 2023 14:39

EARNINGS: R&Q Insurance loss swells, Jade Road still selling assets

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

Read more
16 Aug 2023 15:47

UK shareholder meetings calendar - next 7 days

Thursday 17 August 
Harvest Minerals LtdAGM
Quantum Exponential Group PLCAGM
Windward LtdAGM
Yourgene Health PLCGM and court meeting re takeover by Novacyt
Friday 18 August 
Adams PLCAGM
ME Group International PLCGM re proposed share buyback
Oxford BioDynamics PLCGM re placing
Pathfinder Minerals PLCGM re disposal of the subsidiary
Monday 21 August 
Calculus VCT PLCAGM
Home REIT PLCGM re changes to the investment policy
Tuesday 22 August 
Cake Box Holdings PLCAGM
ReNeuron Group PLCAGM
RUA Life Sciences PLCAGM
Smoove PLCAGM
STM Group PLCAGM
Wednesday 23 August 
Brandshield Systems PLCAGM
James Latham PLCAGM
LifeSafe Holdings PLCGM re shareholder circular
Momentum Multi-Asset Value Trust PLCGM re appointment of the liquidators
Sovereign Metals LtdGM re share placement options
Thor Energy PLCGM re proposed share consolidation
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
17 Jul 2023 12:02

LONDON MARKET MIDDAY: Uninspiring China data hurts miners and luxury

(Alliance News) - China's economy expanded at an unimpressive pace, bringing growth fears for the world's second-largest economy to the fore again and ensuring equities kicked off the new week on the back foot.

Read more
17 Jul 2023 09:24

Sovereign Metals gets Rio Tinto backing to tune of GBP21 million

(Alliance News) - Rio Tinto PLC has snapped up a 15% stake in Sovereign Metals Ltd, the AIM-listed exploration and development company said on Monday.

Read more
20 Jun 2023 14:05

IN BRIEF: Sovereign Metals starts bulk sample programme at Kasiya

Sovereign Metals Ltd - Mining exploration and development company focusing on flagship Kasiya rutile deposit in Malawi - Says graphite bulk sample programme for qualification, downstream testwork and product development at Kasiya has begun. Notes programme is producing larger volumes of natural graphite. Adds a "significant" laboratory upgrade is underway to enable continuous production of bulk sampling.

Read more
8 Jun 2023 14:26

IN BRIEF: Sovereign Metals reports near perfect crytallinity at Kasiya

Sovereign Metals Ltd - Mining exploration and development company focusing on flagship Kasiya rutile deposit in Malawi - Says testing at Kasiya graphite project shows "near perfect" crystallinity, as carbon purity goes above benchmark. Says results demonstrate "excellent suitability" for use in lithium-ion batteries. Adds, further testwork is underway to confirm optimal purification process. This comes after the lithium-ion battery anode market became the largest end-market for natural flake graphite, with demand for anodes growing by 46%.

Read more
5 Apr 2023 15:00

IN BRIEF: Sovereign Metals boasts "outstanding outcome" at Kasiya

Sovereign Metals Ltd - Malawi-focused mineral explorer - Says the indicated resource at the Kasiya deposit in Malawi now stands at 1.2 billion tonnes at 1.0% rutile and 1.5% graphite. Its updated mineral resource estimate moves over 500 million tonnes from the inferred category to the indicated category. Over 66% of the mineral resource estimate is now in the indicated category.

Read more
30 Mar 2023 09:54

LONDON BROKER RATINGS: SocGen cuts Next; Jefferies cuts CMC markets

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
15 Mar 2023 15:36

TRADING UPDATES: SigmaRoc Sweden boost; Mosman's Cinnabar-1 success

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

Read more
14 Mar 2023 17:39

EARNINGS SUMMARY: Eagle Eye profit up; Litigation Capital optimistic

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

Read more
10 Mar 2023 15:43

UK shareholder meetings calendar - next 7 days

Monday 13 March 
BlackRock Energy & Resources Income Trust PLCAGM
Hercules Site Services PLCAGM
Hummingbird Resources PLCGM re strategic investment and placement
Ironveld PLCGM re second placing shares on AIM
Tuesday 14 March 
Georgia Capital PLCGM re company's transfer from Premium to Standard listing
MTI Wireless Edge LtdAGM
Redx Pharma PLCAGM
Wednesday 15 March 
Applied Graphene Materials PLCGM re delisting
BSF Enterprise PLCAGM
Chemring Group PLCAGM
Invinity Energy Systems PLCGM re placing fundraising and subscription
Safestore Holdings PLCAGM
Thursday 16 March 
Athelney Trust PLCAGM
Glantus Holdings PLCEGM re raising of gross proceeds
Hunting PLCAGM
Impax Asset Management Group PLCAGM
Kibo Energy PLCEGM re renewal of director authorisations
Friday 17 March 
AdEPT Technology Group PLCCourt hearing & GM re takeover by Thetis
Chrysalis Investments LtdAGM
Distell Group Holdings LtdAGM
Ecofin Global Utilities & Infrastructure Trust PLCAGM
Sovereign Metals LtdGM re capital reduction and distribution of shares
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
3 Feb 2023 21:15

TRADING UPDATES: Aura Energy finishes drilling; Cordel revenue up

(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

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.