AIM WINNERS & LOSERS: Rome Resources says DRC drilling "encouraging"

Tue, 12th Aug 2025 11:21

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

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AIM - WINNERS

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t42 IoT Tracking Solutions PLC, up 17% at 2.57 pence, 12-month range 1.60p-5.50p. The provider of real-time tracking solutions for the freight market enters into a deal to extend an existing USD1.3 million loan. It also reports a "schedule of purchase orders" for tracking devices. The maturity date of its USD1.3 million secure convertible loan from Ewave Mobile Ltd has been extended to December 10, 2027. It addition, t42 says Contguard Ltd has placed "purchase orders for t42 tracking product units, worth in excess of USD2.5 million". "The orders are scheduled for 2025 and 2026. An initial purchase order has been received, with some units delivered in recent days and the remainder to be delivered by the end of September," it explains.

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Rome Resources PLC, up 13% at 0.31p, 12-month range 0.13p-0.50p. It reports "encouraging" findings from ongoing exploration activities at its Mont Agoma prospect located in the Democratic Republic of the Congo. "Recent drilling has encountered tin and copper mineralisation at both newly identified zones in addition to deeper extensions of known zones," the mineral explorer says.

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AIM - LOSERS

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Mobile Tornado Group PLC, down 27% at 0.51p, 12-month range 0.46p-1.92p. The stock extends a slide after a 50% plunge on Monday. The provider of workforce management solutions on Monday proposed exiting the AIM market. It believes the listing on London's junior market has too much cost and "regulatory burden", and there is "limited liquidity" in trading of its shares.

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By Eric Cunha, Alliance News news editor

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