George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksUnion Jack Share News (UJO)

Share Price Information for Union Jack (UJO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 14.50
Bid: 14.00
Ask: 15.00
Change: 0.00 (0.00%)
Spread: 1.00 (7.143%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 14.50
UJO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Newly-Listed Wheaton Reports Bumper Quarter

Tue, 10th Nov 2020 17:40

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

----------

Wheaton Precious Metals Corp - precious metals streaming company - Third quarter revenue jumps 37% to USD307.3 million and net earnings almost double to USD149.9 million from USD76.0 million. Declares USD0.12 per share fourth quarter payout, 20% increase. Quarterly gold production down 11% annually to 91,770 ounces, silver down 0.2% to 6,028, palladium down 0.5% to 5,444 ounces and gold equivalent down 6.6% to 171,370 ounces. Company began life on Main Market in late October.

----------

Power Metal Resources PLC - metals exploration and development company - Updates on Red Rock Australasia Pty Ltd joint-venture, as does partner Red Rock Resources PLC. Power Metal has just shy of a 50% stake, Red Rock holds just over 50%. Joint venture notified that it has had seven further license applications accepted. "RRAL will now advertise the seven applications in newspapers with statewide and local circulation, and after a three week exposure period, the Department of Jobs, Precincts & Regions of the State of Victoria will begin the application assessment process," Power Metal adds. Separately, Power Metal explains drilling has begun at Silver Peak silver project, Canada.

----------

Kavango Resources PLC - Botswana-focused exploration firm - Plans to raise GBP2.0 million through issue of 72.7 million shares at 2.75 pence each.

----------

Bluejay Mining PLC - exploration firm with assets in Finland and Greenland - Enters into pact with Rio Tinto PLC at Enonkoski nickel project which could see Rio take 75% stake in asset by completing USD20.0 million worth of expenditure. Bluejay explains it will pay GBP100,000 in shares to Magnus Minerals Ltd to settle historical royalty claims.

----------

Orosur Mining Inc - Toronto-based mineral exploration firm focused on Columbia and Uruguay - Receives USD582,170 from Minera Monte Aguila SAS, a joint-venture between Newmont Corp and Agnico Eagle Mines Ltd as part of Anza project, Colombia earn-in. "The company has commenced field activities at the Anza project. Work programs remain subject to the changing status of the Covid-19 pandemic in the local region, however thus far this has been managed without incident," Orosur says.

----------

Panthera Resources PLC - gold exploration and development company with assets in West Africa and India - Says partner Moydow Holdings Ltd arranges USD1 million equity financing to go towards work programmes in West Africa.

----------

Nostra Terra Oil & Gas Co PLC - AIM-listed company focused on the prolific Permian Basin in West Texas - Says Cypress farm-out well at Pine Mills oil field has now spudded. "We continue to be pleased with the progress made by our partner. The result of this well can have a significant impact for the company in terms of cashflow as well as an increase in reserves, also leading the way to additional development in Pine Mills," Chief Executive Officer Matt Lofgran says.

----------

Union Jack Oil PLC and Egdon Resources PLC - oil and gas producers and partners at North Kelsey, Lincolnshire - Reports "positive progress" at Biscathorpe project on Lincolnshire licence PEDL253. Joint-venture identifies potential drilling targets which can be accessed through a side-track on existing Biscathorpe-2 well. "Egdon, on behalf of the PEDL253 joint venture partners, will be submitting an application for planning permission for the side-track drilling operation, associated testing and in a success case the long-term production of oil at the site," the companies said.

----------

Plexus Holdings PLC - AIM-listed oil and gas engineering services firm - Enters into licence agreement with Cameron International Ltd to supply the POS-GRIP wellhead friction grip product and HG metal-to-metal seal method. Cameron will pay Plexus royalty based on number of wellheads sold in range of 3% and 6% until 2029. "In addition to royalty fees, Cameron shall pay the company a capital licence fee payment of USD500,000 in exchange for the non-exclusive licence rights," Plexus says.

----------

Dekel Agri-Vision PLC - West Africa-focused agriculture company - Says crude palm oil sales volumes improve 40% year-on-year to 1,843 tonnes. Average sales price per tonne up 28% to EUR636. Output up 19% to 1,818 tonnes.

----------

ProPhotonix Ltd - manufacturer of LED illumination systems - Announces launch of COBRA Clean FX1, a UVC LED based lamp providing disinfection. "UVC is a proven method in the disinfection of water, air, and surfaces which has shown to be effective against pathogens such as E. coli, L. innocua, and Covid-19," ProPhotonix says.

----------

Water Intelligence PLC - environmental services and technology company - Begins sales of Orca sewer diagnostic product. Completes reacquisition of American Leak Detection franchisee in Brisbane, Australia.

----------

Equals Group PLC - London-based payments and e-banking firm - Begins B2B relationship with HomeSend, a cross-border payments firm. "Under this agreement, the group will bolster HomeSend activities in the UK, further enabling customers to send money to UK bank accounts in real time and with upfront transparency of all associated fees," Equals says.

----------

Prime People PLC - London-based recruiter - Plans buyback of up to GBP250,000 worth of shares.

----------

Checkit PLC - Cambridge-based workflow management firm - Revenue in nine months ended October 31 improves to GBP9.8 million from GBP6.6 million year-on-year. "The business performed ahead of the board's expectations during Q3," Checkit says. Third-quarter revenue flat annually at GBP3.4 million.

----------

Ethernity Networks Ltd - network processing technology supplier - Secures order from North American "tier 1" aerospace contractor customer to provide ENET Avionic Ethernet Switch firmware and software.

----------

SEEEN PLC - London-based social media technology firm - Says third quarter revenue up 23% annually at USD2.7 million, year-to-date revenue down 9% at USD6.4 million. Third quarter audience views up 77% to 4.9 billion.

----------

Telit Communications PLC - internet of things and machine to machine communications company - Says revenue in nine months to September 30 down 11% annually to USD245 million from USD274.5 million, "remaining resilient compared to H1 despite continued lockdown measure".

----------

Immupharma PLC - pharmaceutical company - Says US Food & Drug Administration offers to accept type A meeting request for optimised international phase 3 trial of Lupuzor in systemic lupus erythematosus, an auto-immune disease. Immupharma says partner Avion Pharmaceuticals submitted full dossier on November 6. In normal circumstances, this "leads to a guidance meeting within 30 days", Immupharma says. "However, FDA timeframes cannot be guaranteed."

----------

ValiRx PLC - clinical-stage biotechnology company - Enters into agreement with Kalos Therapeutics, a US biotechnology firm, to evaluate peptide KTH222 as drug candidate to treat ovarian cancer sufferers. "Under the terms of the agreement, ValiRx has the right to perform a defined series of preclinical, cell-based assays to consider the benefit of using KTH222 in combination with standard of care treatment, Paclitaxel," ValiRx says.

----------

NetScientific PLC - life sciences investor - Portfolio company PDS Biotechnology Corp says VERSATILE-002 phase 2 clinical trial evaluating PDS0101 with Merck & Co's Keytruda for treatment of head and neck cancer is now open.

----------

Dunedin Enterprise Investment Trust PLC - investment company focused on UK mid-market companies - Says tender offer oversubscribed. Says 13.7 million shares validly tendered. Notes that following scale back exercise, 2.5 million shares purchased at roughly GBP9.8 million in total.

----------

Urban Logistics REIT PLC - London-based logistics-focused real estate investment trust - Acquires logistics site in Hertfordshire for GBP34.3 million. "The 12-acre site comprises five units, three of which are let to Muller UK & Ireland Group, a major producer and distributor of dairy products, until 2030 with a rent review in 2025. The passing rent is GBP8.75 per square foot," Urban Logistics says.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
28 Mar 2024 14:14

TRADING UPDATES: Duke expects revenue rise; SIMEC gets EL deal payment

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

Read more
12 Mar 2024 17:41

EARNINGS AND TRADING: Ariana strikes gold; Union Jack adds royalties

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

Read more
12 Mar 2024 12:57

Union Jack Oil buys three US royalty packages

(Sharecast News) - Union Jack Oil announced the expansion of its mineral royalty portfolio on Tuesday, with the acquisition of three additional packages brokered by Reach Oil & Gas.

Read more
11 Mar 2024 14:55

Union Jack Oil says drilling contract penned at Andrews-1-17 well

(Alliance News) - Oil and gas explorer Union Jack Oil PLC on Monday noted the operator of the Andrews-1-17 well in Oklahoma, US has signed a drilling contract with a local contractor.

Read more
27 Feb 2024 13:56

IN BRIEF: Union Jack Oil says WN-A3 well to be drilled in 2024

Union Jack Oil PLC - Bath-based UK- and US-focused oil and gas company - Says proposed well WN-A3 in West Newston project, onshore UK in East Yorkshire, is planned to be drilled during late 2024, and will be twinned with the West Newton A-1 discovery well. Adds that a feasibility study is underway for a single gas well development plan at the WN-A3 well. Chair David Bramhill says: "We plan to expedite the drilling of West Newton with the deviated WN-A3 appraisal well as soon as all remaining regulatory permissions have been granted. Discussions are already underway with the relevant authorities and work has commenced to progress drilling. Our revised drilling plan offers significant cost-savings without compromising any aspects of the project. The objective is to develop what we know to be a material onshore gas resource located in an area with excellent access to local and national infrastructure and an attractive domestic gas off-take market."

Read more
13 Feb 2024 11:27

Union Jack Oil hails two farm-in agreements in Oklahoma

(Alliance News) - Union Jack Oil PLC on Tuesday announced new deals to boost its drilling and mineral royalty portfolio.

Read more
13 Feb 2024 09:18

Union Jack Oil further expands footprint in Oklahoma

(Sharecast News) - US and UK-focused onshore oil explorer Union Jack Oil has signed two further farm-in agreements with Reach Oil & Gas for the Wilzetta Fault oilfields in central Oklahoma, which is thought to have substantial reserves.

Read more
6 Feb 2024 17:35

TRADING UPDATES: Power Metal firms Tati gold; Union Jack inks deal

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

Read more
6 Feb 2024 13:09

Union Jack agrees farm-in deal on Oklahoma well

(Sharecast News) - Union Jack Oil announced a farm-in agreement with Reach Oil & Gas Company on Tuesday, granting it a 45% working interest in the upcoming Andrews-1 well, scheduled for drilling in the second quarter.

Read more
29 Jan 2024 11:25

Union Jack Oil to expand operations to US through new partnership

(Alliance News) - Union Jack Oil PLC on Monday said it will expand its operations to the US through a partnership with Reach Oil & Gas Inc.

Read more
15 Jan 2024 11:34

Union Jack shares rise on Wressle revenue and production update

(Alliance News) - Union Jack Oil PLC on Monday said it has achieved revenue of over USD18.0 million at its Wressle hydrocarbon development since production restarted in August 2021.

Read more
15 Jan 2024 07:42

Union Jack reaches $18m revenue since Wressle restart

(Sharecast News) - Union Jack Oil reported significant net revenues exceeding $18m from the Wressle hydrocarbon development on Monday.

Read more
2 Jan 2024 11:05

Union Jack and Europa Oil get resources upgrade for Wressle field

(Alliance News) - Union Jack Oil PLC and Europa Oil & Gas Holdings PLC on Tuesday said an independent assessment has increased the oil reserves of their licences at the Wressle field onshore in Lincolnshire, England.

Read more
19 Dec 2023 12:43

Europa Oil & Gas and Union Jack Oil toast flow rate at Wressle-1 well

(Alliance News) - Europa Oil & Gas Holdings PLC and Union Jack Oil PLC on Tuesday said that production had increased at the UK onshore Wressle-1 well.

Read more
29 Nov 2023 17:20

Union Jack, Europa O&G note Egdon update on Wressle future plans

(Alliance News) - Union Jack Oil PLC and Europa Oil & Gas Holdings PLC on Wednesday both noted Egdon Resources UK Ltd's community update on the Wressle oilfield development in North Lincolnshire, including PEDL180 and PEDL182 assets.

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.