Ariana Resources PLC (AIM:AAU) says it's well positioned for its planned ASX listing this year and has appointed Shaw & Partners as lead manager. The company plans to raise new equity alongside the listing to support drilling at its Dokwe project in Zimbabwe, where it sees potential for over a million ounces.
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) has posted strong results from its Paradox project, with estimated recoveries up to 1.24 million barrels from the State 36-2R well. The company said the scale of the project has the potential to grow considerably.
Ilika PLC (AIM:IKA, OTCQX:ILIKF) has raised £4.2 million, including £0.9 million from retail investors, to back its battery tech plans. The money will support commercial work on its Stereax and Goliath solid-state batteries.
Foresight Solar Fund Ltd (LSE:FSFL) has cut its credit facility by a third but extended the term to 2028. The move will save £1 million in fees and keep its balance sheet more flexible.
hVIVO PLC (AIM:HVO) has named Tracey James as an independent director, starting June 1st. She'll chair the audit committee and brings AIM experience from past roles at Grant Thornton and other firms.
Follow us and subscribe on YouTube, our social channels and on proactiveinvestors.co.uk.
