Gelion (GELN.L) has joined AIM. UK-Australian energy-storage innovator founded in 2015 by Professor Thomas Maschmeyer as a spin-out from the University of Sydney. Capital to be raised on Admission £19.04m (£16m primary and £3m secondary). The company has also raised Capital of £6m following a conversion of loan notes. Anticipated Market Capitalisation £154.37m. Due 30 Nov.
Two off AIM today. Caribbean Investment Hdgs and Silence Therapeutics.
One off the Main Market (Premium), St
Companies: OEX ORM PHE SNOX
Market update - 28/05/2021
Companies: Tlou Energy Ltd. (TOU:ASX)Oilex Ltd (OEX:ASX)
Dish of the day
Trellus Health (TRLS.L) which is commercialising a scientifically validated, resilience-based, connected health solution for chronic condition management has joined AIM. · Successful Fundraising for gross proceeds of £28.5 million. Market capitalisation of approximately £64.6 million on Admission.
Belluscura has joined AIM (BELL.L). The designer and manufacturer of FDA cleared, lightweight and portable oxygen concentrators has raised gross proceeds of £17.5 million, at an Issue
Companies: ANIC AFX CRCL DXSP EQT OEX PEG RGD STX ULS YEW
Watchstone Group plc (LON:WTG) intends to apply for admission of its Ordinary Shares to trading on the Access segment of the AQSE Growth Market operated by the Aquis Stock Exchange (AQSE). It is expected trading will commence on 30 April 2021. Catena Group (CTNA.L) to complete reverse takeover and be renamed Insig AI and is acquiring the remaining shares of Insight Capital Partners. Insight, which is based in the UK, is a data science and machine learning solutions company that provides bespok
Companies: SAR SYM WRES FUL BOIL OEX UNG ALBA ETX OSI
Jadestone Energy (JSE) – Maiden dividend to be declared alongside next years’ interims | Oilex (OEX): Acquisition of Major Cooper-Eromanga Acreage Position | Curzon Energy* (CZN): Half-year results, focus remains on Pared energy transaction | Solo Oil (SOLO) - Interim Results, rationalisation of its portfolio bear fruits | Bahamas Petroleum (BPC) - Interim Results for the Six Months Ended 30 June 2019
Companies: JSE OEX CZN SCIR CEG
Eco Atlantic Oil & Gas (ECO): Another significant discovery offshore Guyana | Savannah Petroleum (SAVP): Signature of Niger-Benin Export Pipeline Transportation Convention | Oilex (OEX): Further diversification of the company’s portfolio | Lansdowne Oil & Gas* (LOGP) - Completion of Barryroe Site Survey
Companies: EOG SAVE OEX LOGP
AMRYT PHARMA PLC— a biopharmaceutical company focused on developing and delivering innovative new treatments to help improve the lives of patients with rare or orphan diseases have raised $60m before expenses and will relist on the AIM Market on the 25/09/2019. VAALCO Energy, Inc. (NYSE: EGY), an independent energy com pany focused on developm ent and production assets in West Africa, today announces its formal intention to seek a Standard Listing on the Main Market of London Stock Exchange ("LS
Companies: ANG LSAI OVB JADE OEX ODX MPE MWE SAV RBGP
Independent Oil & Gas (IOG): Funding Update | i3 Energy (I3E): Rig Move | Exillon Energy (EXI): Monthly Production | Touchstone Exploration (TXP): H1 Results | Oilex (OEX): Licence Acquisition
Companies: IOG I3E TXP OEX
Companies: SSY QFI SRB GFIN THR XSG LMS RENE OEX SO4
Union Jack Oil* (UJO): West Newton Update | Rockhopper Exploration (RKH): Egypt Update | International Oil & Gas (IOG): Harvey Well Spud | UK Oil & Gas (UKOG): Increased Horse Hill Interest | Europe Oil & Gas (EOG): Irish Licence Interest | Oilex (OEX): Australian Licence | Reabold Resources (RBD): Romania Well Spud
Companies: UJO RKH IOG UKOG EOG OEX RBD
Freyherr International Group PLC the Medicinal Cannabis holding company established in 2016, is planning to list on the NEX exchange on the 13 August.
Companies: EOG PCA STX EVG OEX CORA SPDI WRES SHG
Cabot Energy (CAN LN); Under review: Trading update | Touchstone Exploration (TXP LN)1,8: BUY, £0.25 | Oilex (OEX LN) (not covered): Cambay JV update in India | Block Energy (BLOE LN) (not covered): Strong flow tests in Georgia
Companies: TXP OEX BLOE CAB
Erris Resources PLC—a mineral exploration and development company currently focused on two geographic areas. Offer TBC, expected 21 December 2017
CIP Merchant Capital—Closed ended investment Company. Sector focus oil & gas, healthcare, pharma, and real estate. Offer TBA. Due 21 Dec
Panthera Resources— The Company was established to act as a holding company for Indo Gold Limited, an unlisted Australian registered company. The Company aims to explore and develop gold assets in India and West Afr
Companies: TSTL WTI OEX JOUL SNX EDEN PPC PHC
After several false dawns, credibility is now beginning to return to this Indian energy play focused on multi-TCF gas resources Dual listed Oilex joined AIM in 2006, focused on developing a strong position in the highly prospective producing basins in India. Expansion elsewhere since then has failed and nine wells drilled in India over the last 10 years have disappointed. Plus, JV partner problems and a looming licence expiry have made investors cautious. However, in 2016 new management took con
Companies: Oilex Ltd
Oilex (OEX LN) (not covered): June 2017 quarterly report | Nostrum Oil & Gas (NOG LN)6 : BUY, £5.40; 1H17 Operational Update | Premier Oil (PMO LN): Speculative Buy, £1.00; Exploration and Development Update | Victoria Oil & Gas (VOG LN)1,6: BUY, £1.10; 2Q17 results in Cameroon
Companies: OEX NOG HBR VOG
Research Tree provides access to ongoing research coverage, media content and regulatory news on Oilex Ltd.
We currently have 22 research reports from 5
Jubilee today announce the full year results for FY 2021 ending in June 21. It was a year of continued progress with revenues up 143% to £133m (from FY 2020), adjusted PBT up 324% to £52m and eps up 93% to 1.8p/sh – an extraordinary year – but still only the beginning of the progression in our view. Continued developments in South Africa have led to a fully flexible chrome and chrome tailings solution at Inyoni. Supply from a wide variety of sources (Run-Of-Mine, new tailings from own operati
Companies: Jubilee Metals Group PLC
Friday's market sell off saw some violent downward moves in many stocks with little initial differentiation between sectors or the key drivers of businesses, creating significant share price drops in a number of higher quality or uncorrelated names. We take a look at some stocks we believe have either seen an unwarranted sell-off, have seen weakness go under the radar or where there is now a more attractive opportunity.
Companies: ANX IBPO CYAN SOM EQT AFM
Phoenix copper today announces an update on its deep drilling program below the proposed Empire oxide open pit resource and into the deeper sulphide zone. Phoenix is roughly 1/4 the way through a 4,500m drilling programme and has once again shown that high-grade zones of copper, zinc and lead sulphide mineralisation exist, nearly always associated with gold and/or silver and often with elevated concentrations of tungsten and molybdenum.
Companies: Phoenix Copper Ltd. (United Kingdom)
Savannah today announces that it is amicably terminating its JV arrangement with Rio Tinto over the Mutamba Minerals Sands project in Mozambique. Savannah has been paid $9.5m (which translates into 0.4p/sh) in cash to relinquish the 20% it has earned in the project and will cease all activity in country. All staff will transfer to Rio Tinto.
Companies: Savannah Resources Plc
Across a broader market sell off EQTEC have shown resilience and is trading at 1.55p, above its placing in May, up 25% from one month ago.
Companies: EQTEC PLC
No joiners today
No leavers today
What’s cooking in the IPO kitchen?
Trinistar Liverpool S.a r.L announces its potential listing of a newly formed single asset company which will own the Capital Building in Liverpool on the IPSX. Upon admission the Company would become a real estate investment trust (REIT). The Capital Building occupies close to a 3.5 acre freehold site in the centre of Liverpool’s business district; the building comprises c425,000 square feet of predominantly of
Companies: ADBE ADBE SYM ARC AVCT CMCL CLIN DCTA FRAN OSI
SolGold (“SOLG”) has published the first partial assay results from its drilling programme at the Varela target on the Rio Amarillo concession, 35km from the flagship Cascabel project. Hole 1 has been assayed to a depth of 1,052m, revealing an intercept of 72m @ 2.16 g/t Au from 639.7m, including 24m @ 5.77 g/t Au. More interestingly assay results are pending from 1,052m to 1,708.1m (EOH) where free gold and porphyry mineralisation have been identified. Intersections of porphyry style mineralisa
Companies: SolGold Plc
West Newton planning update
Companies: Union Jack Oil Plc
Trinity has received FDP approval from the Ministry of Energy and Energy Industries (MEEI) for the Phase 1 development of the Galeota licence. The submitted development plan has the potential to add additional peak production of c4,000 bopd; however more recent modelling suggests that intra-year peak production could be significantly higher, up to 7,000 bopd. Whilst the current development concept comprises the installation of a low-cost eight well platform (Echo), we note that Trinity is also w
Companies: Trinity Exploration & Production Plc
European gas prices are never far away from the headlines at the moment, although Parkmead’s results to end-June did not capture this surge in prices – that is yet to come. Parkmead is well placed to benefit from the current strength in European gas prices, while the potential for another commodity super-cycle suggests there is further progress to come on its major GPA oil project. A strong net cash position also puts it in the driving seat for potential acquisitions.
Companies: Parkmead Group PLC
Shanta Gold (AIM: SHG), the East Africa-focused gold producer has today announced a drilling update on its West Kenya Project (WKP) based on its Phase 2 drilling program which aims to infill 17 modelled zones across both Isulu and Bushiangala deposits up to 450-500m below surface. The Company has also reported drilling results from a regional exploration target, Ramula, where assays have been received from the first of 12 holes drilled, as part of the resource drill-out programme, totalling 451m
Companies: Shanta Gold Limited
Savannah Resources has sold its interest in the Mozambique mineral sands project (Mutamba) to JV partner Rio Tinto for $9.5m in cash. The payment has already been made to one of Savannah’s UK subsidiaries.
Given Barroso’s importance and capital requirements over the coming months, we view this as very good news. It allows management to dedicate all its time to Barroso and reduces future SAV equity dilution. Despite the strong lithium price and exceptional performance of ASX and TSX lithium sto
Atlantic Lithium* (ALL LN) – Shareholders approve demerger of gold assets
Castillo Copper (CCZ LN) – Extension of options to acquire the Litchfield and Picasso lithium projects
Cornish Lithium (Private) – $18m funding package secured from TechMet
Hochschild (HOC LN) – Shares rise as government appears to back away from closure plans
Hummingbird Resources (HUM LN) – Updated mineral reserves extend Yanoflila LOM and delivers maiden estimate at Kouroussa
Phoenix Copper* (PXC LN) – Deep drilli
Companies: HOC HUM PXC PREM CCZ ALL
Q3 2021 results; new Romania drilling planned
Companies: Serinus Energy plc
Companies: Atlantic Lithium Limited.