The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksXtract Share News (XTR)

Share Price Information for Xtract (XTR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.00
Bid: 0.90
Ask: 1.10
Change: 0.00 (0.00%)
Spread: 0.20 (22.222%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 1.00
XTR 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: Intuitive Plots GBP250,000 Investment In Microsaic

Mon, 25th Jan 2021 19:18

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

----------

Intuitive Investments Group PLC - closed-end investment company focused on life sciences sector - Announces investment of GBP250,000 for 250.0 million shares in AIM-listed technology firm Microsaic Systems PLC.

----------

Home REIT PLC - investor focused on properties across the UK that are dedicated to providing accommodation to the homeless - Has acquired further 11 separate portfolios of properties for a total of GBP69.5 million. "The company has now deployed over GBP184 million of total capital since its IPO, representing 78% of the net proceeds raised at IPO," Home REIT. "The company is in advanced negotiations on a significant pipeline of attractive assets to allow for the efficient deployment of its remaining IPO proceeds." Says new properties add further 798 beds.

----------

AEW UK REIT PLC - UK commercial property investor - Net asset value per share at December 31 rises 34% to 95.87 pence from 92.73p at the end of September. Declares 2.00p interim payout in line with 8.00p annual aim.

----------

Arricano Real Estate PLC - shopping centre operator - Says all of shopping centres have reopened. "We are very pleased to be able to re-open. We look forward to getting back to business as normal," Chief Executive Anna Chubotina says.

----------

Pires Investments PLC - invests in companies that have the potential for major transformation and exponential growth - Says investee Sure Valley Ventures invests in immersive entertainment firm Virtex VR Ltd. "SVV has completed an initial investment in Virtex to accelerate the company's strategy to build a platform for the next-generation of live, immersive entertainment within the virtual reality gaming and e-sports industries," Pires adds.

----------

RM Secured Direct Lending PLC - closed-ended investment trust - Receives increased allocation from the British Business Bank under the Coronavirus Business Interruption Loan Scheme. "We are delighted to have received an increase to our allocation under the CBILS scheme. Not only does this enable us to support British businesses impacted by Covid-19 but which meet our strict investment criteria, the government guarantee acts as a strong credit enhancement for any eligible new loans which can be facilitated under the scheme," Chief Investment Officer of RM Funds James Robson says.

----------

Gunsynd PLC - London-based investment company focused on the natural resources sector - Invested extra GBP85,000 in Rincon Resources Ltd, an ASX-listed gold and base metals explorer. Now holds 8.9 million Rincon shares, a 17% stake.

----------

Nostra Terra Oil & Gas Company PLC - Texas-focused oil and gas explorer - Reports output rates from Cypress farm-out well at Pine Mills oil field, Texas. Currently producing at "steady rate" of 100 barrels of oil per day. "While this rate is above expectations, given the strong performance the operator will review seeking authorisation to increase production further," Nostra says.

----------

Angus Energy PLC - UK-focused onshore oil and gas development company - Says it, Saltfleetby Energy Ltd and Aleph Energy Ltd have appointed after completing technical due diligence at Salfleetby. "Legal and corporate due diligence is being conducted in parallel with the drafting of the loan facility and security agreements, with the objective of concluding the documentation in the coming two to three weeks, with drawdown shortly thereafter following the satisfaction of the conditions precedent, standard for a facility of this nature," Angus adds.

----------

Tirupati Graphite PLC - graphite and graphene producer in Madagascar and India - Says loan note holder has converted 40,000 convertible loan notes into 88,889 shares at 2.5 pence each.

----------

Condor Gold PLC - exploration company - Completes ground investigation programme of 23 geotechnical drill holes and 58 test pits at tailings storage facility located in La India project, Nicaragua.

----------

Pensana Rare Earths PLC - exploration and development company - Submits planning application for proposed rare earth oxide separation facility at Saltend Chemicals Park, Yorkshire. "The USD125 million facility will generate around 100 direct jobs once constructed and in operation," Pensana says. "The application, which is expected to take up to three months to review, supports Pensana's commitment to establish the world's first fully sustainable mine to magnet metal supply chain in the UK."

----------

KEFI Gold & Copper PLC - gold explorer in Ethiopia and Saudi Arabia - Says Tulu Kapi gold project, Ethiopia on track for project finance consortium closing in March and first output in final quarter of 2022. While in Saudi Arabia, drilling continues to extend mineralisation of Hawiah copper and gold asset.

----------

Altus Strategies PLC - mining royalties in Africa - Egyptian Mineral Resource Authority confirms Akh Gold Ltd, an Altus unit, to be awarded a "number of gold exploration licences". "The licences will be awarded as part of Egypt's inaugural competitive international exploration licence bid round, which commenced in 2020. Altus is working with EMRA in respect of entering into the definitive exploration licence agreements and will provide an update on this process and the licences in due course," Altus.

----------

Shanta Gold Ltd - Tanzania-focused gold miner - Says fourth-quarter gold output up 3.2% to 20,622 ounces from 19,973 ounces in third quarter. Silver output down 6.1% to 26,544 ounces from 25,016 ounces. Says 2020 output of 82,978 ounces meets 80,000 to 85,000 ounces guidance range.

----------

PetroTal Corp - oil & gas development and production company - Says Gran Tierra Resources Ltd sells 109.0 million PetroTal shares. Adds that multiple entities bought shares sold by Gran Tierra. Gran Tierra holds 137.1 million PetroTal shares, a 17% interest.

----------

Corcel PLC - natural resources explorer and developer focused on battery metals - Says next key milestone at Mambare nickel-cobalt asset in Papua New Guinea is environmental permit, expected in near term. Corcel notes 37% hike in nickel prices over past six months.

----------

Asiamet Resources Ltd - Indonesia-focussed copper and gold miner - Says binding sale and purchase agreement entered into with PT WIN to sell subsidiary Indokal has been terminated. The first tranche payment of USD2.5 million was not transacted by PT WIN within the agreed timeframe of 10 business days following the signing of the deal and a subsequent extension period. "The company used best endeavours to ensure this payment was made, however this was not complied with and no reasonable explanation was provided other than a request for further changes to the terms of the binding SPA which were considered to be unacceptable and detrimental to the best interests of the company," says Asiamet.

----------

Taseko Mines Ltd - Vancouver, Canada-headquartered mid-tier copper producer - Begins offering of USD325 million senior unsecured notes due 2026. Proceeds will go towards redeeming outstanding 8.75% senior secured notes due 2022. Will also go towards work at Florence Copper project and Gibraltar mine.

----------

Jangada Mines PLC - mineral resource miner focused on Brazil - Says eight holes of nine completed at Pitombeiras vanadium project. "Drill results further extend mineralisation footprint from previously known resource area," Jangada says.

----------

Xtract Resources PLC - diversified metals and minerals producer - Updates on Bushranger copper and gold project, Australia. Says drill hole BRDD-20-001 completed at 1,145.6 metre depth. "Drilling of the second hole (BRDD-21-002) of the phase one drilling programme has commenced," Xtract adds.

----------

Minds + Machines Group Ltd - operator of internet top-level domains - Enters into settlement deal with ICM Registry LLC vendors over alleged warranty claims as part of acquisition deal. "Under the terms of the settlement agreement the company has agreed to pay the settlement parties in aggregate USD1.0 million in full and final settlement of all claims brought by the settlement parties relating to the acquisition of ICM by the company under the acquisition agreement," Minds adds.

----------

Impellam Group PLC - recruitment company - Enters into plan to buyback shares for cancellation. Share purchase plan to begin with immediate effect. Purchases under plan to be limited to GBP500,000.

----------

Eckoh PLC - Hertfordshire-based payments technology firm - Launches upgraded version of CallGuard PCI DSS compliant payment solution product. "The new, more advanced features will improve functionality and user experience for contact centre agents and managers. The new agent interface will provide greater control, helping agents to complete payment calls faster, with greater accuracy, providing a more efficient customer experience," Eckoh says.

----------

Synairgen PLC - respiratory drug discovery company based in Southampton - Says inhaled interferon beta treatment included in US NIH ACTIV-2 trial in COVID-19 outpatients. Trial is part of US Operation Warp Speed programme which aims to speed development of "most promising treatments and vaccine candidates for Covid-19," Synairgen adds.

----------

Nightcap PLC - bar operator in the UK - Notes share price increase, stock rose 31% on Monday. Notes it raised GBP4.0 million through placing.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
6 Oct 2022 20:29

TRADING UPDATES: Carlco appoints new CEO; Xtract sees positive results

(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
30 Sep 2022 18:24

EARNINGS UPDATES: 600 Group swings to profit; Thor Mining narrows loss

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

Read more
16 Aug 2022 15:54

UK shareholder meetings calendar - next 7 days

Wednesday 17 August 
Calnex Solutions PLCAGM
Thursday 18 August 
Artemis Resources LtdGM directors fees, share options
Artemis Resources LtdAGM
LoopUp Group PLCGM resolutions to the annual report and accounts that were not put in AGM
NextEnergy Solar Fund LtdAGM
Oryx International Growth Fund LtdAGM
SIMEC AtlantisEnergyAGM
Friday 19 August 
Braemar Shipping Services PLCAGM
Citius Resources PLCAGM
Next Fifteen Communications Group PLCGM re acquisition of M&C Saatchi
Volex PLCAGM
Monday 22 August 
African Pioneer PLCAGM
Argentex Group PLCAGM
Nostrum Oil & Gas PLCGM operational update
Ondo InsurTech PLCAGM
Sabien Technology Group PLCGM re broker option
Scottish Investment Trust PLCGM re recombination of assets with JPMorgan Global Growth & Income plc
Trackwise Designs PLCAGM
Tuesday 23 August 
Bezant Resources PLCAGM
Livermore Investments Group LtdAGM
Xtract Resources PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
15 Aug 2022 18:17

IN BRIEF: Xtract notes encouraging results from Bushranger samples

Xtract Resources PLC - London-based mining company focused on Africa and Australia - Scoping metallurgical test work programme conducted on samples from Racecourse and Ascot deposits at Bushranger project are shown to be representative of anticipated average copper grade of the deposits.

Read more
5 Aug 2022 06:59

IN BRIEF: Xtract Resources completes phase two drilling at Bushranger

Xtract Resources PLC - London-based mining company focused on Africa and Australia - Completes drill hole BRDD-21-055 and with it phase two of the Bushranger copper-gold exploration project. It is located in New South Wales, Australia. The mineralisation styles it intersected were "of a similar nature" to those intersected in drill hole BRDD-21-035. This means that there is a possibility for extending the mineralisation with a high copper and gold tenor by up to 100 meters at depth. It aims to identify the extent of the Ascot prospect and target higher-grade gold intersections at both prospects with a phase three programme.

Read more
27 Jul 2022 20:32

TRADING UPDATES: Skillcast expects revenue rise; Cap-XX solves dispute

(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
21 Jul 2022 21:14

TRADING UPDATES: DP Eurasia system sales rise; Journeo wins contract

(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
21 Jul 2022 10:55

AIM WINNERS & LOSERS: First gold at Xtract mine; eve Sleep tumbles

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

Read more
8 Jul 2022 06:55

IN BRIEF: Xtract Resources finds up to 4.8 grammes of silver per tonne

Xtract Resources PLC - London-based mining company focused on Africa and Australia - on Thursday finds up to 4.8 grammes of silver per tonne in hole BRDD-21-041 at its Bushranger copper-gold exploration project in New South Wales, Australia. Also finds up to 0.70% copper equivalent at the hole.

Read more
30 Jun 2022 20:30

EARNINGS UPDATES: Brandshield grows revenue; Xtract loss widens

(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
22 Jun 2022 10:27

In Brief: Xtract Resources posts "satisfactory" results amid cyclone

Xtract Resources PLC - mining company focused on Africa and Australia - Receives total gold production of 2,176 ounces for the quarter ended March 31 at the Manica concession in Mozambique. The company says the first quarter value of gold produced amounts to USD794,797. Combined attributable revenue from gold sales and other income during the period amounts to USD614,257.

Read more
27 May 2022 20:27

IN BRIEF: Xtract Resources rises on upbeat Bushranger project results

Xtract Resources PLC- mining company focused on Africa and Australia - Receives positive results from the drill hole BRDD-22-039, linked to the phase-two diamond-drilling programme at Australia's Bushranger copper-gold exploration project. BRDD-22-039 intersected strong intervals of porphyry related gold mineralisation, including an interval of 32 metres which returned 0.92 grammes per tonne of gold from a depth of 510m, this zone was consistently elevated in gold throughout showing a good propensity for disseminated porphyry related gold mineralisation, with the best assay result in the zone returning 2m at 3.24 g/t Au.

Read more
17 May 2022 21:09

IN BRIEF: Xtract Resources notes robust drill results from Bushranger

Xtract Resources PLC- mining company focused on Africa and Australia - Receives results from drilling of two further drill holes from the phase two diamond drilling programme at the Bushranger copper-gold exploration project.

Read more
10 May 2022 11:27

AIM WINNERS & LOSERS: Versarien signs Umbro deal; Dekel sales tumble

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

Read more
10 May 2022 11:04

Xtract Resources reports "eclectic" drill hole assays from Bushranger

(Alliance News) - Mining firm Xtract Resources PLC on Tuesday reported an "eclectic" set of drill results from the Bushranger copper-gold exploration project, Australia.

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.