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Pin to quick picksVersarien Share News (VRS)

Share Price Information for Versarien (VRS)

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Share Price: 0.10525
Bid: 0.093
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Change: 0.00 (0.00%)
Spread: 0.0145 (15.591%)
Open: 0.00
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Prev. Close: 0.10525
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Versarien secures first US oil and gas sector contract

Fri, 28th Jun 2019 11:31

(Sharecast News) - Versarien's shares jumped on Friday after the company secured its first graphene order from a US based company operating in the oil and gas exploration sector.The order for 12kg of the AIM traded company's high purity graphene nano platelets integrated into a polymer masterbatch followed successful laboratory testing and industrial trials by the customer.The material will be used by the customer in down-hole drilling components for their initial scale up process, which is expected to lead to additional and significantly larger orders if successful.Neill Ricketts, chief executive of Versarien, said: "The oil and gas exploration sector is constantly looking for new technology to enhance drilling activities, allowing new sources to be reached more efficiently. This provides for significant cost and environmental benefits and we are proud that our graphene can play its part. We believe we are in a strong position to build a wider customer base in the oil and gas sector."Versarien's shares were up 10.40% at 104.88p at 1123 BST.
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Versarien sells South Korean plant, licenses patents

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11 Mar 2024 11:22

Versarien sells South Korea plant and equipment, agrees licence deal

(Alliance News) - Versarien PLC on Monday said it agreed its plant and equipment in South Korea for GBP604,000 to MCK Tech Co Ltd, alongside exclusive licence deal with MCK Tech for the use of five patents.

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7 Feb 2024 11:44

IN BRIEF: Former Versarien CEO Ricketts takes firm to court

Versarien PLC - Cheltenham, England-based engineering materials company - Says it has received "various unquantified claims" under the Employment Rights Act 1996 against the company. The claims were made by former chief executive Neill Ricketts. A preliminary hearing for case management has been scheduled for July 17.

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19 Jan 2024 11:56

Versarien raises £0.4m to progress growing pipeline

(Sharecast News) - Advanced materials engineer Versarien has raised £0.4m, it announced on Friday, to help it with its growing pipeline of opportunities.

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Versarien raises GBP400,000 as asset sale discussions continue

(Alliance News) - Versarien PLC on Friday said it has raised GBP400,000 through a placing, as the company looks to capitalise on pipeline opportunities.

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