(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
----------
AIM - WINNERS
----------
Kodal Minerals PLC, up 9.9% at 0.26 pence, 12-month range 0.032p-0.36p. The firm kicks off aircore drilling to find gold mineralisation at the Nielle project in northern Ivory Coast. The exploration firm says the 5,000 metres programme is expected to take two weeks to complete. Also in Ivory Coast, is Kodal's Dabakala project. An infill sampling programme there has been sealed all samples have been submitted for analysis.
----------
Tlou Energy Ltd, up 3.7% at 2.70p, 12-month range 1.42p-5.50p. Announces it is developing a hydrogen strategy to complement its gas-to-power project. The company is seeking to use gas and solar to alleviate some of the chronic power shortage in Botswana and southern Africa. Tlou says the hydrogen economy presents "additional business opportunities". It adds it is "well-positioned" to produce hydrogen.
----------
AIM - LOSERS
----------
Eqtec PLC, down 9.8% at 1.52p, 12-month range 0.19p-3.17p. The Cork, Ireland-based gasification technology solutions firm plans to raise up to GBP15 million. It says the cash will be used to support its growth existing markets and entry into new ones. Shares will be priced at 1.5p each, an 11% discount to its 1.69p closing price on Thursday. In addition, it announces Director Gerry Madden intends to retire later in 2021. The search for a replacement as kicked off.
----------
By Eric Cunha; ericcunha@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Tlou Energy (TLOU)
Eqtec (EQT)
Kodal Minerals (KOD)