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Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is delighted to announce that marketing has commenced for the Mexican National football team Non Fungible Tokens ("NFTs") the Company will be producing. The site www.heroesnftclub.com/miseleccion will be taking signups immediately and the Company is pleased to report there has been extremely strong demand already for the NFT products.
This launch comes just two weeks after the marketing for the Company's Pumas football club NFTs started. MOS is also pleased to report extremely strong demand for those products.
With this second marketing site live, the Company's Heroes NFT Club brand now has two of the largest footballing organisations in Mexico signed and is looking forward to further expanding in Mexico and beyond.
Non Fungible Tokens ("NFTs") are digital data stored in a blockchain, a form of distributed ledger. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded. In effect the Company's products are digital merchandise. An example would be a sports trading card - NFTs produced under this contract are one-of-a-kind trading cards. If you traded it for a different card, you'd have something completely different.
The global NFT market is expected to reach $122 billion in size by 2028, with more than $17 billion in sales in 2021 and $35 Billion expected to be generated this year. The fastest growing sector within this space is the sports NFT market and the Company believes this contract win with a major sports brand demonstrates that the business is now very well positioned within this space.
I thought this part was positive and hopefully comes to fruition soon.
Under the terms of its option agreement with Bureau d'Etudes et d'Investigations Géologico-minières, Géotechniques et Géophysiques SARL ('BEIG3'), the Company has satisfied the conditions to earn a 90% interest in Bibemi, the Wapouzé project (20km to the north) and three licences in Central Cameroon. Beneficial ownership in the licences has been confirmed and the administrative process to formalise this ownership is currently underway.
Bibemi Phase 4 Drilling Results -
including 14.80m grading 4.27 g/t gold
Should show here soon
Inspirit (LON: INSP), the technology and engineering solutions company, is pleased to provide a further update, following the announcement on 27 June 2022, regarding the Company's Waste Heat Recovery ("WHR") system and the marine application that the Company has been progressing with Volvo Marine.
The Company's phase one trial in Poland managed by Inspirit's engineering team, using a non-branded automotive engine, regularly produced a power output of over 34kW during several weeks of testing. This trial was conducted using an automotive engine with the same horsepower as the Volvo Penta D13 Engine running at 2400 revolutions per minute.
Further testing has recently been conducted in Poland, having concluded phase one of the WHR system development, and a series of short phase two tests of the WHR system have been conducted. These introduced the use of the Company's technology, the Helix Accelerator. Use of the Helix Accelerator resulted in a near doubling in the power output achieved to 64kW, using the same automotive engine as the phase one trial.
Further testing and development in Poland is planned before the end of 2022, with the goal of adding additional enhancements to the WHR system as part of the Company's proposed phase three trial programme, where further improvements in the power output are anticipated. Duration and stress testing will also be undertaken at this time, but to date the performance of the WHR system and its robustness have exceeded the Company's internal expectations.
Thereafter, Inspirit will seek to enter into a trial phase with Volvo Marine. The board are also actively pursuing commercial discussions with other parties that are active in the commercial automotive sector.
The board of Inspirit are very pleased with the team's achievements and the progress that has been made to date, particularly with the introduction of the Company's Helix Accelerator. The board remains confident that further significant improvements can be achieved, but further analysis of the data from the phase two trails is required before the upper power limits for the unit can be confidently predicted.
Additionally, the board are investigating the potential for the unit to be incorporated as a retrofit for the commercial engine market and in particular certain applications in the haulage market. This includes widening the Company's tradition sphere of operation in Europe and also in Asia and North America.
The renewal of these prospecting licenses comes at an important time as we have commenced with our maiden scout exploration drill programme on these two licenses. The expedient manner in which the renewal application was completed is testament to Botswana being such an attractive destination for mining investment.
"As regards to the current drilling programme, the drilling to date has confirmed the geological interpretation and respective D'Kar and Ngwako Pan formation contact geology, with reports of visible sulphide mineralisation observed in the initial holes drilled through the contact. I look forward to reporting further details with respect to this in due course.
"In respect of the Casa transaction the full $250,000 in cash has been paid to Arc and we await the issuance of $1.25m in listed stock. Arc has been formally notified by the listed entity that it will receive its shares as soon as certain Canadian exchange regulations have been dealt with."
Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed mineral exploration and development company with gold mining interests in Europe, is pleased to announce that its 75% held Western Tethyan Resources Ltd ("WTR") subsidiary has completed a Heads of Terms ("HoT") with TSX-V listed Avrupa Minerals Ltd. ("Avrupa") for an Exclusive Option to Earn-in on the Slivova Gold Project ("the Project") in Kosovo.
Highlights:
· Slivova represents a sediment-hosted gold deposit containing NI 43-101 Resources of 640,000t @ 4.8 g/t gold and 14.69 g/t silver for 98,700 ounces gold and 302,000 ounces of silver (Indicated) and several less explored potential satellites.
· Earn-In Agreement is subject to WTR completing a six-month exclusive due-diligence review of the Project and the parties executing a formal Earn-In Agreement (the "Agreement") on or before 1 March 2023.
· Key terms of the Agreement are summarised below, with WTR and Avrupa expected to execute the final Agreement once due-diligence is completed.
Just released on the ASX
https://www2.asx.com.au/markets/company/thr
I can't copy and paste the text but its here
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02563802-6A1107882?access_token=83ff96335c2d45a094df02a206a39ff4
Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed mineral exploration and development company with gold mining interests in Europe, is pleased to announce that it has entered into a Convertible Loan Agreement ("CLA") with Venus Minerals Ltd ("Venus") to enable the advancement of the Apliki Project (the "Apliki Project") while Venus pursues its proposed listing on AIM.
Highlights:
· Convertible secured term loan of £500,000 with a 10% coupon; loan to be used to progress the Apliki Project.
· Conversion may occur with any accrued interest, at the option of Ariana, on or before the anniversary of the execution of the CLA or when Venus is admitted to trading on a recognised stock exchange at the price of Venus's shares on admission.
· Ariana will be granted a charge over Venus' shareholding in its operating subsidiary.
· The Loan is conditional inter alia on confirmation from the Apliki JV partner that the drop-dead date of the Apliki Subscription Agreement has been extended from 30 June 2022 to 31 December 2022; such extension was approved in June.
It seems the Company hasn't been idle what with the unaudited results already prepped.
There will be some"issuance of new shares" quite possibly to EHGOF in return for their investment.
It's interesting though that they could have dropped out at anytime during the suspension but chose not to and continued to back the Company / BoD to return to business. They obviously know something and we should get to find out what over the next few months.
I hope that after waiting sooo long for a return to business that the majority of investors are of the mindset that as they had written off their investment anyway, "may as well just leave it to see what happens"
A firm statement on future plans should bring us to the markets attention when we start trading.
LOL (okay, maybe its bordering on maniacal laughter)... We're still here (s***loads of ecstatic emojis) and someone knows a money making reason as to why.
GLA
Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces an update on the drill schedule of the Cinnabar-1 well in Tyler County, Texas.
The drilling rig will move to site and commence drilling Cinnabar-1 when it has completed the third party well it is currently drilling, anticipated to be in the next week or two.
The Cinnabar well is planned for a vertical depth of 9,900 feet. The primary targets are the Wilcox sands, which produce oil and gas in nearby wells. The drilling is expected to take about two weeks.
Mosman owns a c.75% working interest in the well. Mosman Operating LLC, a 100% owned subsidiary of Mosman, is the Operator of the lease.
Good news in that the Bank of America Corporation now own 2.485%, but I'd be grateful if anyone could confirm that please as there seems to be a lot of info in the RNS.
Is this the same RNS?
https://www.lse.co.uk/rns/BOIL/interim-results-8z22lfbaiw6ymou.html
The directors have offered an apology to, among others, David Sefton and the former directors for the claims having been made, and in response David Sefton noted that he not only accepted the apology but recognised that the directors had been properly following their directors' duties to investigate all relevant matters relating to the Company and agreed with them that it can be difficult for an incoming board, often with difficulties in accessing documentary records, to form a complete picture of past events. Both David Sefton and the board now consider the matter to be closed.