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(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
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AIM - WINNERS
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Tiger Royalties & Investments PLC, up 60% at 0.80 pence, 12-month range 0.15p-0.83p. Says subsidiary African Pioneer PLC is looking to list on the London Stock Exchange. Tiger Royalties holds 50.75% of African Pioneer, which has been a subsidiary of the group since 2012. African Pioneer has identified mineral exploration assets in Zambia, Namibia and Botswana and has entered into agreements to buy three companies and their projects. The acquisitions are conditional on African Pioneer listing in London and, in conjunction with this, the company will be conducting a placing to raise GB1.8 million.
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IXICO PLC, up 11% at 100.20 pence, 12-month range 43.00p-143.50p. Signs collaboration with Microsoft Corp to develop its AI data analytics platform for the pharmaceutical industry. "Combining IXICO's portfolio of AI data analytics and scientific expertise in neurological diseases with Microsoft's cloud-based AI infrastructure, will provide a significant enabler for IXICO's delivery of clinical trial analytics solutions, at scale, to the pharmaceutical industry," company says. The two companies will work together to deliver IXICO's AI solutions into global clinical trials for neurological diseases such as Alzheimer's disease and Huntington's disease by enhancing IXICO's large-scale data processing capabilities.
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Gfinity PLC, up 13% at 4.50 pence, 12-month range 0.38p-5.92p. Digital Media unit signs new partnership with interactive video game map creator Magic Lamp Technologies Ltd, which owns and operates MapGenie.io. "Under the partnership, Gfinity Digital Media will embed MapGenie's interactive video game maps into relevant articles across its network, allowing users to track their gameplay progress and access wider information and features," company says. Gfinity adds that partnership will "drive the advertiser appeal" of its websites.
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Cap-XX Ltd, up 10% at 8.65 pence, 12-month range 1.80p-13.75p. Says Portal Instruments selects its Supercapacitors for needle-free drug delivery platform for self-administering biological medicines. "Portal Instruments chose the CAP-XX prismatic supercapacitors, which are manufactured in CAP-XX's production facilities in Australia and Malaysia, due to their characteristic low equivalent series resistance which enables the high burst of energy needed to drive the fast, large volume needle-free jet injection, and for their thin form factor which fits easily inside the small drug delivery device," company says. Portal Instruments' needle-free jet injection platform is intended to simplify the drug delivery experience, from self-injection for patients suffering from chronic disease, to healthcare workers delivering vaccines.
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Condor Gold, up 8.2% at 49.75 pence, 12-month range 21.00p-61.00p. Enters agreement to purchase a complete new semiautogenenuous mill package from First Majestic Silver Corp for USD6.5 million. The gold explorer and mine developer in Nicaragua said the acquisition price comprises the issue of USD3.0 million shares at 50 pence per share to First Majestic, with the remaining USD3.5 million paid in cash over the next three to four months. Condor said the mill package represents a "key" item of the plant required to bring its La India project in Nicaragua into production.
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By Paul McGowan; paulmcgowan@alliancenews.com
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