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Pin to quick picksTomco Energy Share News (TOM)

Share Price Information for Tomco Energy (TOM)

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Share Price: 0.0385
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AIM WINNERS & LOSERS: TomCo raises funds; Instem bid "final"

Fri, 13th Oct 2023 10:53

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

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AIM - WINNERS

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TomCo Energy PLC, up 19% at 0.065 pence, 12-month range 0.050-0.54p. The US-focused oil development firm raises gross proceeds of GBP100,000 via a subscription of 125.0 million shares at 0.08p each - a 46% premium to Thursday's closing price of 0.055p. Says subscription is within existing shareholder, and shares represent around 3.9% of its enlarged share capital. Will use funds cover costs of developing Tar Sands Holdings II in Utah, via its Greenfield Energy subsidiary.

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Ondine Biomedical Inc, up 10% at 8.00p, 12-month range 6.86p-29.19p. The Vancouver-based life sciences company says its Steriwave technology is now available in hospitals across Canada, with Nova Scotia's largest hospital Queen Elizabeth II Health Sciences Centre in Nova Scotia now becoming the latest facility to implement the spray. Steriwave employs patented nasal photodisinfection technology to eliminate bacteria, fungi and viruses located on human tissues. "It is hugely satisfying that Steriwave is now available in hospitals from coast to coast across Canada, giving patients enhanced protection against post-surgical infections," says CEO Carolyn Cross.

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AIM - LOSERS

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Instem PLC, down 6.9% at 761.50p, 12-month range 580p-835.56p. Specialist healthcare industry investor Archimed SAS confirms its final offer for the life sciences IT company is 833p per share, valuing Instem at just over GBP200 million. The offer will not be increased, Archimed says. Instem had agreed to the private equity buyout at the end of August. The court and general meetings to approve the deal are scheduled for next Thursday.

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By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
14 Dec 2018 09:03

TomCo raises £550,000 to further Uintah Basin assets

(Sharecast News) - Shale oil exploration business TomCo raised £550,000 by way of a placing on Friday morning, allowing the group to further operations at its Holliday Block asset.

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3 Dec 2018 10:43

TomCo Appoints Two Technical Advisors To Work On Holiday Block

LONDON (Alliance News) - TomCo Energy PLC on Monday said it has appointed technical advisors to its team at the Holiday block in the US state of Colorado, as it progresses on its field stock was a

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19 Nov 2018 10:45

TomCo Energy shares resume trading as board seeks funding

(Sharecast News) - Oil shale exploration, development and technology group TomCo Energy announced the appointment of Turner Pope Investments as its broker with immediate effect on Monday.

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5 Nov 2018 09:59

TomCo Energy Fundraises To Undertake Field Test In Utah, Repay Loans (ALLISS)

LONDON (Alliance News) - TomCo Energy PLC on Monday said it has raised GBP532,350 through a share placing for general working capital purposes and repaying loans.The oil shale exploration a

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1 Nov 2018 13:34

TomCo Energy Reports Delay In Start Of Holliday Block Live Testing

LONDON (Alliance News) - TomCo Energy PLC said Thursday it expects a short delay in the commencement of the live testing stage conducted on its Holliday Block in Utah.The delay is due to an

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30 Oct 2018 13:53

TomCo raises extra funds through subscription, Red Leaf disposal

(Sharecast News) - Oil shale exploration, development and technology group TomCo Energy has raised £0.1m through the subscription of 1,176,471 new ordinary shares of no par value with an existing shareholder, at a price of 8.5p share, it announced on Tuesday.

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30 Oct 2018 09:30

TomCo Energy Raises GBP100,000 Via Share Subscription Pact (ALLISS)

LONDON (Alliance News) - TomCo Energy PLC said Tuesday that it has raised GBP100,000 through a share issue but added that it will have to raise new funds in future.Shares in TomCo Energy up

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12 Oct 2018 09:54

TomCo Energy's TurboShale Completes Holliday Block Drilling

LONDON (Alliance News) - TomCo Energy PLC said on Friday that TurboShale Inc, in which TomCo holds an 80% interest, has completed the drilling of wells and installation of well heads for the Block

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10 Sep 2018 12:14

TomCo Energy Finalises Field Test Preparation Works At Utah Block

LONDON (Alliance News) - TomCo Energy PLC on Monday said Himes Drilling Co Inc has completed preparation works for the field test at Holliday block located in the US state of Utah.TomCo 80%

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29 Jun 2018 12:09

TomCo Raises Cash In First Half As It Prepares For Utah Field Tests

LONDON (Alliance News) - Oil shale exploration and development company TomCo Energy PLC said Friday it has "wasted no time" in preparing for field tests in Utah after raising cash in the

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4 Jun 2018 11:54

TomCo Finds Generator Supplier To Begin Testwork At Holliday Block

LONDON (Alliance News) - TomCo Energy PLC on Monday said its field testwork at the Holliday block in Utah will start in September while it has also agreed the supply of radio frequency oil shale a

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31 May 2018 12:27

TomCo Energy Hires Drilling Partner For Upcoming Field Test Programme

LONDON (Alliance News) - TomCo Energy PLC said Thursday it has appointed a drilling contractor for its upcoming field test programme in Utah.TurboShale Inc - in which TomCo has a 80% - will

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29 Mar 2018 13:50

TomCo Energy Full Year Loss Narrows As Seeks Further Funding

LONDON (Alliance News) - TomCo Energy PLC said Thursday its loss narrowed on a lack of impairments as it continues to secure further funding to develop and operate the the 30,

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28 Mar 2018 18:45

TomCo Energy Receives GBP100,000 Loan From Christopher Brown (ALLISS)

LONDON (Alliance News) - TomCo Energy PLC said Wednesday Christopher Brown had provided a furtehr GBP100,000 unsecured loan to the firm to support working - a -

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22 Nov 2016 10:42

TomCo Energy Suspends Makarie Palm Oil Project Due To Lack Of Finance

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