IN BRIEF: Alien Metals Pretax Loss Narrows; Focus On Finding Partner

Tue, 30th Jun 2020 14:40

Alien Metals Ltd - Mexico-focused mining exploration and development company - Posts narrowed pretax loss for 2019 of GP1.0 million compared to GBP1.5 million in 2018, due entirely to a drop in administrative expenses. The company said it is committed to its strategy of advancing projects and seeking a suitable partner for an earn-in agreement of joint venture. To this end, Alien Metals is focused on using all funds invested in the company for exploration activity and business development.

Current stock price: 0.094 pence

Year-to-date change: down 57%

By Anna Farley; annafarley@alliancenews.com

Related Shares

More News

15 Mar 2024 16:31

Alien Metals announces short-term funding for exploration project

(Alliance News) - Alien Metals Ltd on Friday announced a funding package worth up to AUD2.0 million through a convertible loan note.

15 Mar 2024 13:28

Alien Metals secures AUD 2m short-term funding

(Sharecast News) - Alien Metals announced a short-term funding facility worth up to AUD 2m (£1.03m) via a convertible loan note on Friday.

8 Feb 2024 20:13

TRADING UPDATES: Seeing Machines revenue grows; Baron Oil strikes deal

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

8 Feb 2024 14:27

Alien Metals takes wraps off Hancock development study

(Sharecast News) - Alien Metals unveiled promising outcomes of a development study on its Hancock Iron Ore Project in Western Australia's Pilbara regi...

27 Dec 2023 09:02

IN BRIEF: Alien Metals prepares new team as CEO Troy Whittaker resigns

Alien Metals Ltd - exploration and development in Australia - Chief Executive Officer Troy Whittaker resigns, with effect from December 31. Alien Meta...