Small Caps News
i3 Energy reported a robust fourth-quarter performance in an update on Monday, with record annual corporate production for 2023 averaging 20,711 barrels of oil equivalent per day.
Gold explorer Oriole Resources updated the market on exploration at its 90%-owned Mbe gold project in Cameroon on Monday.
Directa Plus announced the acquisition of an additional 48. 96% stake in Setcar on Monday, taking its shareholding from 50. 99% to 99. 95%.
Lexington Gold updated the market on its 2023-2024 drilling programme at the Bothaville Project in the Witwatersrand Gold Basin of South Africa on Monday, where it started drilling in early December, reporting significant milestones.
Tertiary Minerals announced the signing of a new joint venture agreement with local partner Mwashia Resources on Monday.
Falcon Oil & Gas announced significant achievements at the Shenandoah South 1H (SS-1H) well in EP117 on Monday, surpassing pre-drill expectations.
Base Resources reported a decrease in average achieved product prices in its half-year results on Monday, as rutile prices declined by 4%, ilmenite by 9%, and zircon by 18%.
Extended reality technology group Engage XR reported a better-than-expected full-year underlying loss on Monday as revenues came in right in the middle of its guidance range.
Professional services consultancy Begbies Traynor said in a trading update on Monday that it maintained consistency with expectations in the third quarter, with both divisions trading in accordance with the outlook it provided at its half-year results in December.
Hornby surged on Friday after Mike Ashley’s Frasers Group lifted its stake in the model train maker to 8. 9%.
Asia-Pacific-focussed upstream company Jadestone Energy announced changes to its corporate governance structure on Friday.
Early-stage technology investor Vela Technologies said in an update on Friday that its total assets, including cash, decreased by £0. 64m or 9% during the December quarter, amounting to £6. 18m.
Corcel updated the market on its unsecured convertible loan note facility on Friday.
Tlou Energy updated the market on the Lesedi project on Friday, reporting significant progress towards electricity generation.
Empire Metals announced a strategic decision regarding its non-core assets on Friday, specifically the Gindalbie Tribute Agreement, as part of its efforts to fast-track development at the Pitfield Titanium Project in Western Australia.
Financial services provider STM Group said on Friday that full-year revenues were £28. 0m, ahead of market expectations, driven by higher than forecasted interest income.
RBG Holdings unveiled plans for a retail offer directed at existing retail shareholders on Friday, in a bid to raise £0. 7m to help its plans to save on interest payments.
Verditek updated the market on its proposed disposal on Friday, announcing positive progress in negotiations with bondholders regarding the sale of certain assets.
Orosur Mining announced on Friday that it has received approval from the TSX-V for its new equity incentive plan, following shareholder endorsement at the annual and special meeting on 20 December.
Griffin Mining announced the resignation of Shengchang Jin from his position as a director of Hebei Hua Ao Mining (HHA), an operating subsidiary owned 88. 8% by the company, on Friday.