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Pin to quick picksTekCapital Share News (TEK)

Share Price Information for TekCapital (TEK)

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Share Price: 10.50
Bid: 10.00
Ask: 11.00
Change: -0.50 (-4.55%)
Spread: 1.00 (10.00%)
Open: 11.00
High: 10.90
Low: 10.50
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TRADING UPDATES: Valeura hits 90 million barrel milestone at Jasmine

Wed, 17th May 2023 14:32

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

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Valeura Energy Inc - Thailand- and Turkey-focused oil and gas company based in Alberta, Canada - Says it has produced its 90 millionth barrel of oil at its Jasmine oil field, exceeding the seven million barrel expectations set out during its original development in 2004. Says: "In our view, it is exceptional that after having recovered more than 12 times that amount since its first production in 2005, we have verified Proved and Probable reserves of more than 10 million barrels and continue to find opportunities for infill drilling aimed at further reserves replacement. Drilling operations to date in 2023 have both increased production rates and identified new development targets which will form the basis of a work plan for 2024 and beyond."

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Tekcapital PLC - London-based intellectual property investment company - Says portfolio company MicroSalt has expanded the sales of its SaltMe! crisps and MicroSalt shakers into 400 additional stores in the US. Says stores include Brookshire Brothers, Pete's Fresh Market, Heinen's, Dick's Fresh Market, Zerbos, Better Health Market, Tdych's Marketplace and Associated Supermarkets. "We are proud of our efforts thus far to build product distribution as it underscores the retail need for full flavor, low-sodium products. These efforts are working in parallel with our efforts to provide low-sodium products for private-labeled retail brands. Excess sodium consumption is one of the leading contributors to hypertension, and partnerships like this are the best way to provide consumers with great tasting products with less sodium," Chief Executive Rick Guiney comments.

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Tertiary Minerals PLC - Zambia and Nevada, US-focused explorer focusing on energy transition and precious metals - Says soil sampling programme completed at Lubuila Copper Project in Zambia, including additional follow-up sampling based on portable X-Ray Fluorescence results. Says 425 samples collected, targeting two untested areas of Lower Roan Group Sediments, and an historical anomaly in Upper Roan Group Sediments. Says initial results indicate a large open-ended copper-in-soil anomaly over an area of 1,000 metres by 680 metres, with a peak copper value of 306 parts per million and an average value of 125 parts per million. "I am pleased to announce that the first soil sampling programme of the 2023 exploration season was completed efficiently whilst also producing anomalous results in preliminary analysis. The copper-in-soil anomaly identified in Area C is large and remains open in all directions. However, this needs to be validated with traditional laboratory wet geochemical analysis that can also provide analysis for a wider range of metallic elements and a better geochemical context," says Chief Executive Patrick Cheetham.

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Versarien PLC - Cheltenham, England-based engineering materials company - Says preliminary results of Cementene trials indicate that 20% of Portland cement can be removed from Banagher's precast concrete mix when Cementene is added, while maintaining the compression strength of the concrete. Adds that results indicated that Cementene has potential to reduce CO2 emissions without impacting performance. "We are delighted with the results that have been achieved by Banagher utilising Versarien's Cementene. The use of Cementene has been demonstrated to offer a substantial environmental benefit at a cost we believe is competitive. We look forward to continuing to work with Banagher and, in due course, other concrete suppliers to role out Cementene enhanced concrete as soon as possible," says Chief Executive Stephen Hodge.

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By Harvey Dorset, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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17 Mar 2023 16:12

Tekcapital investee Guidant makes significant progress

(Sharecast News) - Intellectual property investor Tekcapital reported significant progress for its wholly-owned portfolio company Guident on Friday.

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17 Mar 2023 14:54

Tekcapital boasts positive progress for investee Guident

(Alliance News) - Tekcapital PLC on Friday provided a positive progress update on its portfolio company, Guident Ltd.

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17 Mar 2023 10:48

AIM WINNERS & LOSERS: Verditek shares surge on contract win

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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13 Mar 2023 16:31

TekCapital announces H Mart deal for Micro Salt's SaltMe crisps

(Alliance News) - Tekcapital PLC on Monday said US retailer Hanahreum Mart has agreed to carry its portfolio company MicroSalt's SaltMe branded crisps.

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27 Feb 2023 15:34

TRADING UPDATES: Ince results see further delay; Guild division launch

(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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24 Feb 2023 12:05

Tekcapital's Guident partners with Novelsat on autonomous vehicles

(Alliance News) - Tekcapital PLC on Friday said its portfolio company Guident Ltd is partnering with Novelsat Ltd to develop a remote monitor and control solution for autonomous vehicles and devices.

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20 Feb 2023 13:42

Tekcapital raises £2.25m to advance portfolio firms

(Sharecast News) - Intellectual property investor Tekcapital has raised £2.25m, it announced on Monday, to accelerate the growth of its portfolio companies.

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20 Feb 2023 10:54

Tekcapital raises GBP2.3 million in funds via oversubscribed placing

(Alliance News) - Tekcapital PLC on Monday said that it intends to use placing funds to facilitate the progress of its portfolio companies, after raising GBP2.3 million.

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20 Feb 2023 10:34

AIM WINNERS & LOSERS: Mosman wins sacred site certificate at Amadeus

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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17 Feb 2023 10:48

Tekcapital says Guident collaborates with Auve on autonomous vehicles

(Alliance News) - Tekcapital PLC on Friday said its fully-owned subsidiary Guident Ltd signed a letter of intent with Auve Tech OU to provide remote monitoring and control services, or RMCC, for Auve's autonomous vehicles.

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17 Feb 2023 10:30

AIM WINNERS & LOSERS: Purplebricks drops as turnaround plan continues

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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7 Feb 2023 19:37

TRADING UPDATES: Ormonde Mining acquires stake in Peak Nickel

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

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6 Feb 2023 09:38

Tekcapital portfolio firm MicroSalt agrees US Salt distribution deal

(Alliance News) - Tekcapital PLC on Monday said its portfolio company MicroSalt has agreed a deal with US Salt LLC for the distribution and delivery of MicroSalt's low-sodium solutions.

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31 Jan 2023 21:41

TRADING UPDATES: Andrada finds pegmatite; Tekcapital wins partner

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

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24 Jan 2023 20:47

TRADING UPDATES: M&C Saatchi sees revenue rise; Angus extends drilling

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

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