(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.
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AIM - WINNERS
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7digital Group PLC, up 43% at 1.82 pence, 12-month range 0.17p-4.8p. The London-headquartered digital music and radio services platform signs long-term contract with an expected term of 24 months with Kuaishou Technology, a content community and social platform, to provide Kuaishou's mobile apps with licensed music globally. "The contract strengthens 7digital's revenue visibility as it includes a set-up fee, a monthly recurring access fee, and a usage fee," 7digital says.
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EQTEC PLC, up 20% at 1.92p, 12-month range 0.13p-3.17p. The advanced gasification technology firm signs a collaboration framework agreement with Toyota Motor Manufacturing (UK) Ltd. Through the Deeside Refuse Derived Fuel Project, EQTEC and Toyota have agreed to collaborate to explore an "innovative, circular and sustainable waste-to-energy solution" for Toyota's engine manufacturing plant in Deeside. The agreement will last three years.
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Osirium Technologies PLC, up 16% at 26.70p, 12-month range 15p-40.45p. The cybersecurity software company reports NHS trust customer wins for its Privileged Access Management solution. Wins nine new NHS trust customers since the beginning of February, with these deals providing "significant" upsell opportunities. "With bookings momentum continuing from our record Q4 last year, we look forward to securing more deals of this nature as well as exploring the significant upsell opportunities presented by these initial contracts through our proven "land and expand" strategy," Chief Executive David Guyatt says.
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Deepmatter Group PLC, up 14% at 2.5p, 12-month range 1.4p-4p. Signs co-distribution agreement with Elemental Machines, a US-based organisation helping biotechnology and pharmaceutical companies identify research problems through its sensor-based products. Elemental Machines will promote DeepMatter's integrated software, hardware and artificial intelligence enabled platform, DigitalGlassware, to small and mid-size biotech North American customers through its sales team. DeepMatter will promote Elemental Machines' sensor-based products to its European network.
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AIM - LOSERS
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Oriole Resources PLC, down 24% at 0.944p, 12-month range 0.17p-1.95p. Says IAMGOLD has underspent on its year 3 commitment at Senala in Senegal, and discussions are taking place over how this will be addressed under the terms of the option agreement, in which IAMGOLD has the option to spend up to USD8 million to earn a 70% interest in Senala. "Discussions with IAMGOLD are ongoing, and although we are disappointed that IAMGOLD has missed its spending and work commitment for year 3, Senala is an exciting asset in a very prospective mineral belt," says Chief Executive Tim Livesey.
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Clear Leisure PLC, down 16% at 2.60p, 12-month range 0.11p-4.49p. Due to Covid-19 delays at the court of Venice, the hearing in its case against Sipiem's previous management and internal audit committee, which was due to be held on Wednesday, has been rescheduled to May 26. "Despite a slight delay in the court hearing, the company remains confident of the outcome of the litigation, given the strong foundations of the claim," Clear Leisure says.
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By Lucy Heming;Â lucyheming@alliancenews.com
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Osirium Tech (OSI)
Eqtec (EQT)
Oriole (ORR)