TRADING UPDATES: Blencowe secures processing site for Orom-Cross

Mon, 29th Jun 2026 19:08

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

----------

Fevara PLC - Carisle, UK-based animal feeding manufacturer - Becomes a supporting signatory organisation of the UK Beef, Sheep & Dairy Welfare Strategies developed by Ruminant Health & Welfare. Says Ruminant is an "independent, industry-based body working to improve the health, welfare and productivity of the UK's national flock and herd." Says the strategies provide a framework to improve animal health, welfare and productivity across the UK ruminant sector, and support more sustainable and resilient farming practices. Fevara will be involved in delivering the strategies, "from sharing research data to substantiate progress to providing expertise to the working groups." "We are pleased to support the Ruminant Health & Welfare strategies which provide a clear, evidence-based framework for industry collaboration and measurable progress," comments Chief Executive Officer Joshua Hoopes.

----------

Blencowe Resources PLC - developing the Orom-Cross graphite project in Uganda - Selects the preferred site for the future downstream operations associated with the Orom-Cross project. Says it has secured a 100-acre site north of Gulu in Northern Uganda, at an agreed purchase price of USD70,000, and intends it to be the future base for downstream processing operations to further beneficiate its graphite concentrate into purified products. Its option over the site runs for an initial six-month period, with a further three-month extension available. Says it views the cost as modest and in alignment with its staged downstream development strategy, and that it believes the location provides an optimal platform to support a low operating cost profile. Highlights the site's direct access to a large modern electrical substation connected to Uganda's hydroelectric power network. "The scale of this site supports future anticipated growth as both Orom-Cross and the beneficiation facility ramp up together," the company says. Executive Chair Cameron Pearce comments: "This is strategically important for Blencowe, for Orom-Cross and for Uganda. In-country beneficiation has the potential to support higher-value product sales, local skills development, industrial growth and stronger alignment with Western markets actively seeking secure, scalable non-China graphite supply. We are now progressing ESIA work and infrastructure costings for the site and will update the market as these workstreams advance."

----------

Goldstone Resources Ltd - Ghana-focused gold explorer - Agrees to an extension to the standstill agreement it entered in December 2023, in relation to its existing gold loan agreement with Asian Investment Management Services Ltd entered in June 2020. Says the maturity date of the gold loan has been extended to June 30, 2027 from December 31, 2026, and interest payments have been temporarily deferred. Adds that the loan's interest freeze has been extended from June 30 to September 30. CEO Emma Priestley says the extensions provide "additional financial flexibility at an important stage in our development." She continues: "Our immediate focus is on advancing the Homase Mine through an extensive drilling programme designed to expand and upgrade the JORC Mineral Resource, while continuing to optimise operations in the current strong gold price environment. Together with our ongoing funding initiatives, these measures position GoldStone to deliver the next phase of its growth strategy and create long-term value for our shareholders."

----------

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com