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Pin to quick picksTrident Royalties Share News (TRR)

Share Price Information for Trident Royalties (TRR)

London Stock Exchange
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Share Price: 34.50
Bid: 34.00
Ask: 35.00
Change: 0.00 (0.00%)
Spread: 1.00 (2.941%)
Open: 34.50
High: 34.50
Low: 34.50
Prev. Close: 34.50
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Trident Resources In Maiden Annual Loss, Still Looking For Acquisition

Wed, 07th Aug 2019 13:04

(Alliance News) - Trident Resources PLC said on Wednesday that it made a loss in its first full year since its initial public offering last October but it is yet to make an acquisition.

In the year ended April 30, the cash shell made a pretax loss of GBP229,861, generating no revenue in the period.

Administrative expenses, including directors' and consulting fees, totalled GBP119,621. Listing expenses were GBP110,240.

The company raised GBP4.0 million during the IPO with the intention of raising money to acquire a company, most likely in the mining sector. Trident Resources has GBP3.7 million in cash.

Non-Executive Chair James Kelly said: "I believe that Trident represents an extremely attractive proposition to prospective Acquisition counterparties considering listing on the London Stock Exchange and I remain confident that we will be able to execute an Acquisition that creates value for our shareholders.

"Whilst the board has a desire to complete an acquisition in a timely manner and take advantage of current market dynamics, we will not compromise in our approach of securing attractive commercial terms and completing the appropriate detailed and systematic technical, legal and financial due diligence."

The company said its annual general meeting will take place on September 12.

Shares in Trident Resources were untraded on Wednesday, last quoted at 15.25 pence in London.

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15 Mar 2024 13:21

Trident Royalties upbeat on latest Thacker Pass progress

(Sharecast News) - Mining royalty company Trident Royalties announced significant progress in the development of the Thacker Pass Lithium Project by Lithium Americas Corporation (LAC) on Friday.

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15 Mar 2024 12:10

Trident Royalties welcomes US government loan for lithium project

(Alliance News) - Trident Royalties PLC said on Friday that the Thacker Pass lithium project has reached a "significant milestone" after receiving a conditional commitment for a substantial loan from the US Department of Energy.

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19 Feb 2024 18:57

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19 Feb 2024 12:03

Trident Royalties agrees new $40m revolving credit facility

(Sharecast News) - Trident Royalties announced an agreement with BMO Capital Markets and CIBC on Monday, for a newly-structured $40m revolving credit facility (RCF), with the option to increase its size to $60m through an accordion.

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19 Feb 2024 11:05

Trident Royalties secures USD40 million revolving credit facility

(Alliance News) - Trident Royalties PLC on Monday said that it has signed a previously-announced agreement for a revolving credit facility with BMO Capital Markets Ltd and CIBC.

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5 Feb 2024 16:17

Trident Royalties receipts jump in December quarter

(Sharecast News) - Trident Royalties said in an update on Monday that its receipts for the December quarter reached $3.2m, representing a 63% increase from the third quarter.

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29 Jan 2024 16:00

UK earnings, trading statements calendar - next 7 days

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Kromek Group PLCHalf Year Results
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Oxford Cannabinoid Technologies Holdings PLCHalf Year Results
Pets at Home Group PLCTrading Statement
Renewi PLCTrading Statement
Saga PLCTrading Statement
SSP Group PLCTrading Statement
SThree PLCFull Year Results
Synthomer PLCTrading Statement
Wednesday 31 January 
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abrdn Private Equity Opportunities Trust PLCFull Year Results
Ecora Resources PLCTrading Statement
GSK PLCFull Year Results
ITM Power PLCHalf Year Results
NWF Group PLCHalf Year Results
Thursday 1 February 
Airtel Africa PLCTrading Statement
AG Barr PLCTrading Statement
BT Group PLCTrading Statement
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Gem Diamonds LtdTrading Statement
Glencore PLCTrading Statement
JTC PLCTrading Statement
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Shell PLCFull Year Results
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10 Jan 2024 15:18

Trident Royalties hails deal at La Preciosa silver prject

(Alliance News) - Trident Royalties PLC on Wednesday hailed a long-term land-use agreement at La Preciosa project in Mexico.

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8 Jan 2024 15:43

Director dealings: Trident Royalties CEO ups stake

(Sharecast News) - Trident Royalties revealed on Monday that chief executive Adam Davidson had acquired 70,914 ordinary shares in the AIM-listed diversified mining royalty company.

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30 Nov 2023 14:23

IN BRIEF: Trident Royalties CFO Richard Hughes buys 200,000 shares

Trident Royalties PLC - mining royalty and streaming, providing investment exposure to base, battery, precious and bulk metals - Chief Financial Officer Richard Hughes buys 200,000 shares at 32.13 pence, worth GBP64,260, on Wednesday. Now interested in 800,000 shares, a 0.3% stake.

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29 Nov 2023 15:46

Trident Royalties commits to USD40 million revolving credit facility

(Alliance News) - Trident Royalties PLC on Wednesday said it has committed to a new USD40 million revolving credit facility with an option to increase the financing to USD60 million through an accordion feature.

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21 Nov 2023 14:39

TRADING UPDATES: Poolbeg hails approval; EDX links with Thermo Fisher

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21 Nov 2023 11:53

Trident acquires royalty over Arizona copper project

(Sharecast News) - Trident Royalties has successfully acquired a 0.9% net smelter return royalty over a copper project in Arizona, it announced on Tuesday.

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