Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAlien Metals Share News (UFO)

Share Price Information for Alien Metals (UFO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.165
Bid: 0.16
Ask: 0.17
Change: 0.00 (0.00%)
Spread: 0.01 (6.25%)
Open: 0.165
High: 0.165
Low: 0.165
Prev. Close: 0.165
UFO 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: Alba Mineral in Thule asset boost; Nuformix US patent

Mon, 07th Jun 2021 17:59

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

----------

Alba Mineral Resources PLC - mineral exploration and development company with assets in Greenland and the UK - Reports "significant" exploration target at Thule Black Sands ilmenite project in Greenland. Says independent exploration target of 70.0 million to 300.0 million tonnes of ilmenite at grade of 6% to 11%. "This would represent, at the lower end of the range, an almost three times increase in the current figures for contained ilmenite," Alba adds.

----------

Nuformix PLC - Cambridge, England-based pharmaceutical firm focused fibrosis and oncology - Gets notice of allowance in US for patent application numbered 17/051,592. The title of patent is "crystalline tranilast salts and their pharmaceutical use". CEP Anne Brindley says: "I am very pleased that we have received this Notice of Allowance from the US Patent Office meaning that this patent will proceed to be issued. This is an important endorsement of Nuformix's discoveries and also strengthens the patent estate for our lead asset NXP002."

----------

Destiny Pharma PLC - Brighton, England-based biotechnology firm - Notes discussions at G7 summit on global threat of antimicrobial resistance. "Destiny Pharma has been focused for many years on developing novel medicines from its XF platform that specifically address the AMR threat through the XF platform's unique mechanism of action which can provide safe, effective and fast acting treatments that do not generate resitance," Destiny says.

----------

Arecor Therapeutics PLC - Saffron Walden, England-based biopharmaceutical firm - Signs formulation study with Par Sterile Products LLC. Arecor will use proprietary formulation technology platform Arestat to help develop single dose formulation of an existing Par product.

----------

Omega Diagnostics Group PLC - sells wide range of specialist products, primarily in the immunoassay, in-vitro diagnostics market - Updates on UK government Covid-19 test manufacturing contract. Says waiting for UK confirmation on what test it will manufacture. "Omega is not in control of this process and this is taking longer than originally expected but the company will provide a further update once a test is confirmed. The ability to supply tests that are produced within the UK remains a key priority for the [Department of Health & Social Care] and to that end the DHSC have facilitated initial commercial discussions between Omega and potential partner companies with lateral flow antigen tests to potentially provide UK manufacturing services," Omega adds.

----------

Landore Resources Ltd - Canada-focused minerals explorer - Says drilling in areas below and east of Bam gold project, Canada reported "wide zones of ore grade gold mineralisation". Chief Executive Bill Humphries says: "These encouraging results from relatively shallow intersections in the hanging wall of the extended east pit, together with the recently reported high grade drill intersections in the footwall, give promising indications of a substantial increase in the resource of the BAM gold deposit."

----------

Alien Metals Ltd - iron ore and silver projects in Australia and Mexico - Receives results from maiden drilling programme at Hancock iron ore project, Australia. Results confirm four "high grade direct shipping ore mineralisation prospects", Alien adds.

----------

Adriatic Metals PLC - developing Vares silver project in Bosnia & Herzegovina - Secures exploration permit of concessions granted last year at Vares. Allows drilling and channel sampling to commence, Adriatic adds.

----------

Ferro-Alloy Resources Ltd - developer of Balasausqandiq vanadium deposit in Kazakhstan - Initial investment from Vision Blue Resources completed. "The company has now received the further investment of USD1.6 million in addition to the investment of USD1.5 million already made, bringing the total invested by Vision Blue and its coinvestors to date to USD3.1 million," company says.

----------

AEX Gold Inc - Greenland-focused gold miner - Says team of geologists and drilling engineers arrive at Nalunaq project, Greenland. Team is there to "to further develop the company's understanding of the area to the south west of the deposit," AEX adds.

----------

Panther Metals PLC - company focused on mineral exploration in Canada and Australia - Applies to acquire two tenements, E39/2249 and E39/2250, as part of expansion programme at Red Flag nickel and cobalt asset.

----------

Challenger Energy Group PLC - Caribbean and Atlantic margin focused oil & gas company - Granted three month extension to report results for year ended December 31, 2020. Expects to publish results by September 30.

----------

Accsys Technologies PLC - wood building products manufacturer - Receives notice from Engie Fabricom UK Ltd to terminate engineering, procurement and construction agreement at Tricoya plant in Hull. Accsys says termination notice down to "force majeure arising out of the Covid-19 pandemic and stating that they plan to demobilise over the next two weeks". Accsys adds: "The purported termination may now result in Tricoya UK taking over earlier than previously anticipated the completion of the final stages of construction and subsequent commissioning. This may be with or without assistance of a new lead contractor given the advanced status of the project."

----------

Windar Photonics PLC - London-based developer of wind sensors for electricity generating wind turbines - In four year development project focused on drone based emission detection system. "The development project, which brings together five private companies and the Technical University of Denmark, has a total budget of EUR2.2 million and is backed by a public grant of EUR1.7 million from the Innovation Fund Denmark, under its Grand Solutions programme," Windar adds.

----------

Tungsten Corp PLC - digital financial management products and software solutions provider - Picked by "global human resources software leader" to support its e-invoicing plans in Europe and US. "The customer's 16 European entities will use Tungsten's Total AR solution to streamline and digitise its accounts receivable processes. In the US, the solution will allow the customer to send invoices to its customers via the Tungsten Network, eliminating manual invoice entry systems," Tungsten adds.

----------

Blue Star Capital PLC - esports, payments and technology focused investor - Investee SatoshiPay receives research and development grant from Stellar Development Foundation. "In its blog, SatoshiPay advises that the Stellar Foundation grant will be used to kickstart the development of the Pendulum network project and develop a proof-of-concept implementation of Pendulum," Blue Star says.

----------

Seeing Machines Ltd - Canberra-based driver-monitoring technology company - Notes US 21st Century Smart Cars Act. "These developments in the US are completely aligned to Seeing Machines' view that [mandatory driver monitoring system] is fundamental to the automotive transport sector and that the fitment rate will accelerate substantially over the coming years, globally. Seeing Machines is currently working with all major US automotive manufacturers to deliver its industry-leading technology, with some of these vehicles already in production and on sale to consumers today, fitted with camera-based DMS," company says.

----------

UniVision Engineering Ltd - Hong Kong-based supply, design, installation and maintenance of closed circuit television and surveillance systems - Deal for Chair Stephen Koo to sell 201.0 million shares, 52.4% stake, in UniVision to SinoCloud Group Ltd will not proceed. "The proposed transaction had been subject to a number of pre-conditions. The parties have held various discussions since the signing of the MOU, but these discussions did not produce a definitive agreement within the three-month exclusivity period contained in the MOU," company adds.

----------

Centaur Media PLC - business information, events and marketing provider - Says Jane Wilkinson to succeed Andy Baker as managing director of The Lawyer, Centaur's unit which provides business intelligence to UK legal market. Baker steps down on July 31, Wilkinson takes up role on August 2. "In her role as managing director, Jane Wilkinson will bring deep expertise in subscription revenue modelling and leading businesses in times of digital and data transformation. She will be responsible for developing The Lawyer's customer-centric approach and building on its recent transition into a multi-channel digital platform as part of Centaur's MAP23 strategy," company adds.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
2 Aug 2023 11:43

IN BRIEF: Alien Metals says iron ore identified at Hancock project

Alien Metals Ltd - Mineral explorer and developer in Australia, Mexico and Greenland - Says subsidiary Iron Ore Company of Australia Pty Ltd completes initial investigations on direct ore shipments at tenement E47/5001, which adjoins the Hancock project in the East Pilbara, Hamersley ranges in Australia. Says iron ore has been identified and notes the potential for exploration.

Read more
20 Jul 2023 12:36

Alien Metals says assay results show high grade iron grades

(Alliance News) - Alien Metals Ltd on Thursday said it has received assay results from its Hancock Iron Ore project in Western Australia, which "reinforce" the potential of the project.

Read more
3 Jul 2023 11:42

IN BRIEF: Alien Metals gets USD1 million convertible funding facility

Alien Metals Ltd - mineral explorer and developer in Australia, Mexico and Greenland - Enters convertible debt funding facility with long-term shareholder Bennelong Resource Capital Pty Ltd, which has a current stake of 6.3%. Will issue convertible securities worth of up to USD1.0 million in two equal tranches of USD500,000 each. Each can be converted into a share at a 15% discount to the market price, now or at the time of conversion, or at the price of any equity raise by Alien Metals. Until then, the securities carry an interest rate of the secured overnight financing rate plus eight percentage points. There also is a commitment fee of 3.0% of the facility and an establishment fee of USD10,000, both to be taken from the first tranche of the drawdown. Alien Metals also will issue Bennelong with warrants for 10.0 million shares at a 35% premium to the current market price, exercisable over the next three years. It says this could raise up to an additional USD1 million.

Read more
30 Jun 2023 17:26

EARNINGS SUMMARY: Powerhouse loss widens hugely, DCI Advisors narrows

(Alliance News) - The following is a round-up of 2022 annual results by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
5 May 2023 12:17

IN BRIEF: Alien Metals renegotiates Mallina tenement acquisition deal

Alien Metals Ltd - mineral exploration and development company with assets in Australia, Mexico and Greenland - Renegotiates agreement with Mallina Exploration Pty Ltd to fast track the acquisition of the E 47/3752 tenement that adjoins its flagship Hancock iron ore project in Australia and provides direct strategic access to the Great Northern Highway. Says the key terms of the agreement remain largely unchanged from that of the original agreement; negotiates the removal of the condition precedent relating to exploration drilling to earn the tenement interest. Says removal of this condition precedent allows it to focus on sterilisation drilling across the E 47/3752 licence to enable access road construction.

Read more
26 Apr 2023 15:44

TRADING UPDATES: Skillcast swings to loss, RM Infrastructure NAV down

(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
20 Feb 2023 11:20

Alien Metals get "encouraging" results at Elizabeth Hill in Australia

(Alliance News) - Alien Metals Ltd on Monday reported gold findings at the Elizabeth Hill silver project in Western Australia.

Read more
30 Dec 2022 15:09

IN BRIEF: Alien Metals promotes subsidiary chief Troy Whittaker to CEO

Alien Metals Ltd - Mineral exploration and development company with assets in Australia, Mexico and Greenland - Says Bill Brodie Good will step down as non-board chief executive officer. Troy Whittaker, currently CEO of subsidiary IOCA, will take over as company CEO.

Read more
20 Dec 2022 13:01

Alien Metals shares jump as ups stake in iron ore projects

Alien Metals Ltd - mineral exploration in Australia, Mexico and Greenland - Completes acquisition of additional 39% interest in the Hancock and Brockman direct shipping iron ore projects from Windfield Metals Pty Ltd. Brings Alien Metal's stake to 90%. The acquisition was announced at the start of November. Chair Rod McIllree comments: "As we continue working towards production at Hancock in 2023, moving to 90% is a logical next step in the project evolution and cements our position in the Pilbara as an emerging potential producer of high grade-high purity, direct shipping, iron ore."

Read more
28 Nov 2022 22:09

DIRECTOR DEALINGS: Serco CEO Soames sells GBP3.2 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News:

Read more
23 Nov 2022 13:32

IN BRIEF: Alien Metals completes drilling at Elizabeth Hill

Alien Metals Ltd - London-based minerals exploration and development business - Completes a reverse circulation drilling programme at the Elizabeth Hill silver project and Munni Munni PGE project, located in the west Pilbara of Western Australia. Says the sulphides observed in drill holes at Elizabeth Hill and Munni Munni confirm continuation of mineralising structures. Notes the initial portable X-ray fluorescence results indicate above background concentrations of both base metals and silver. Expects priority samples to be assayed in due course.

Read more
8 Nov 2022 14:18

DIRECTOR DEALINGS: Lawrence Stroll raises stake in Aston Martin to 23%

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News:

Read more
4 Nov 2022 13:26

Alien Metals subsidiary inks bunker sharing proposal in Pilbara

(Sharecast News) - Minerals explorer and developer Alien Metals announced on Friday that its wholly-owned subsidiary, Iron Ore Company of Australia (IOCA), has entered a memorandum of understanding for the sharing of bunker allocation at the Pilbara Ports Authority's Utah Point export facility with the ASX-listed Element 25.

Read more
4 Nov 2022 11:30

Alien Metals anticipates early access to Utah Point with new agreement

(Alliance News) - Alien Metals Ltd on Friday said its subsidiary, Iron Ore Co of Australia Pty Ltd, has entered into a memorandum of understanding to share a bunker allocation at Utah Point in Western Australia.

Read more
2 Nov 2022 18:48

TRADING UPDATE: Zenova paint used in NHS; results from Anglo Asian

(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

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.