Active Energy PLC (LON: AEG) announced that it has received its first order for CoalSwitch, increasing its share price by 37% to 0. 535p in early deals on Tuesday.
The order comes from PacifiCorp, the largest network operator in the western United States, which covers the energy needs of 1. 9 million. Customers.
Active Energy’s CoalSwitch, a biomass-based fuel made from scrap wood, is being burned as part of a demonstration conducted by PacifiCorp to burn coal and biomass together at the Hunter Power Plant in Utah.
[Email protected] Capital PLC (LON: SYME) rose 13% to 0. 53p after the Italian private equity group Quadrivio was named as a partner for its first inventory project.
Quadrivio is an alternative investment firm focusing on private equity, private debt and managed accounts, said [email protected]
The company has more than 2 billion cumulatively. The standard company, which is listed on the market, added EUR raised and managed by Italian and international institutional investors.
[E-mail protected] Capital PLC (LON: SYME) has named the Italian private equity group Quadrivio as a partner for its first inventory project. Quadrivio is an alternative investment firm specializing in private equity, private debt and managed accounts. [E-Mail protected] The company has cumulatively more than 2 billion. The standard company, which is listed on the market, added EUR raised and managed by Italian and international institutional investors.
SIMEC Atlantis Energy Limited (LON: SAE) announced that it has now officially entered into a joint venture agreement with the Dutch N P Group. The joint venture NPA Fuels Limited will produce, market and supply waste-derived fuel products to converted coal-fired power plant operators across the UK.
Bezant Resources PLC (LON: BEZ) has agreed to acquire Metrock Resources and the Kanye Manganese Project in southern Botswana. The initial consideration Bezant will have to pay upon completion is £ 405. 000 when spending 150 million. Bezant shares at an assumed issue price of 0. 27 pence per share and the issue of 31. 8 million. Options on Bezant shares at an exercise price of 0. 4p and an expiration date of 30. September 2024. Bezant will also spend a total of 84. 6 million. Shares to loan in the amount of 198. £ 213 to purchase and £ 30 to creditors. Paying £ 200 that Metrock owes. Upon closing, the company will add around £ 26 creditors to Metrock. 508 AUD (approx. 14th. 900 GBP) in cash. The shares to be issued represent around 6. 26% of Bezant’s expanded share capital.
Open Orphan PLC (LON: ORPH) has extended a contract for its consulting services with one of the world’s three leading pharmaceutical customers until December 2021. The pharmaceutical services, vaccine and antiviral testing company announced that it has been providing independent, up-to-date and hands-on chemistry and manufacturing advisory services for & Control (CMC) to the client through the Venn Life Sciences team in the Netherlands since 20212.
IQGeo Group Plc (LON: IQG) announced that it has signed a « major new contract » for software and services with a leading Canadian telecommunications operator. The AIM-listed company stated that the new contract has a value of £ 1. 2 million. for software license subscriptions and implementation services to be recognized over a three-year period. The new customer has selected his software for geospatial data platform and workflow manager in order to « quickly record and visualize the status of projects, service tickets and critical network resources for office workers and remote field teams ».
Westmount Energy Limited (LON: WTE) (OTCQB: WMELF), an investor in oil exploration assets in the Guyana-Suriname Basin, has increased its stake in JHI Associates to 7. 2% after buying 250. 000 shares for 400. 000 USD. The main component of the Ontario registered JHI is a 17th. 5% were involved in the Canje Block, which had more than 4. Covers 800 square kilometers off the coast of Guyana. It is located next to and in the same geological basin as the Stabroek Block, which has made eighteen significant oil discoveries for a total of nine billion oil equivalent drums since 2015. JHI will be promoted for up to four holes and funded to drill additional holes.
Seeing Machines Limited (LON: SEE), the traffic safety technology company, announced that its fleet (aftermarket) business continued to grow in 2020 despite the coronavirus pandemic. The company, which specializes in artificial intelligence surveillance systems, highlighted the division’s performance in the southern hemisphere, where the recovery from the challenges of the pandemic has been « reasonably gratifying ». . At the end of November 2020, Seeing Machines announced that a total of more than 26. 000 Guardian units are installed. Due to the accessibility of the vehicle and the resulting slower installation rate, additional 3. 500 units can be connected to hardware
Destiny Pharma PLC (LON: DEST) has announced that it is making good progress in preparing for the Phase III trial of a groundbreaking new treatment for C.. Difficile infection (CDI) relapse, which should start in 2022. This follows the successful fundraiser in November that raised £ 10. 4 million. and the completion of the acquisition of the drug candidate known as NTCD-M3. Key to the early initiatives was the signing of an important new manufacturing contract that will deliver a more efficient process and a lower cost product. The group brought high level expertise in the form of Professor Dale Gerding, who joined the drug developer’s scientific advisory board and has become a “key advisor”. .
Oriole Resources PLC (LON: ORR) said that Thani Stratex Djibouti Ltd, a company in which it has an 11. 8% of the shares have completed the first phase of their drilling program at the Hesdaba gold project in Djibouti. Previously reported intersections by Hesdaba were up to 15 meters with a rating of 4. 08 grams of gold per ton. On the Assaleyta project just east of Hesdaba, construction of a storage facility, access roads and drill fields has been completed and a Phase 2 drilling program is ongoing. The first results of this program are also expected in the first quarter of 2021.
SigmaRoc PLC (LON: SRC) announced that it has a new syndicated senior credit facility of up to 125 million with Santander UK and several other major UK and European banks. GBP, which will provide it with « additional capacity » to support its ongoing purchase and build strategy. The building materials group listed on the AIM stated that the new system consists of a system with a term of 85 million. GBP and an accordion option over 40 million. GBP for a term of five years with an interest cost of 2. 5% margin above the LIBOR rate with twice the net debt to the underlying result (EBITDA). SigmaRoc said the new facility and £ 12. 4 million. EUR raised in early December put the company in a “solid position” to continue its strategy and seize “several short term opportunities”. .
BlueRock Diamonds PLC (LON: BRD) has announced that the expansion plans for the Kareevlei mine in the South African region of Kimberley are well on the way. The crushing circuit will be completed by the end of 2020 and put into operation in early January 2021. The rest of the system is expected to be installed gradually in the first quarter of 2021. The expansion enables a 75% increase in processing capacity to 130. 000 tons. The company said it is continuing to advance its overall expansion strategy to reach volumes up to one million tons per year. To support this, BlueRock has also been drilling to improve the resource base.
W Resources PLC (LON: WRES) announced that it had delivered 20 tons of tungsten concentrate from the La Parrilla mine in Spain in December. The company also reported record recovery rates for concentrators of 58 in December. 7% tungsten trioxide, up from 40% in November. In La Parrilla, a 25-ton delivery of tin concentrate is waiting to be picked up by a customer.
Touchstone Exploration Inc. . (LON: TXP) (TSX: TXP) has announced the appointment of Beverley Smith as an independent non-executive director effective November 22nd. December 2020 announced. The group determined that Smith is a licensed geologist and seasoned business executive with over 30 years experience in the oil and gas sector who has had a number of successes in a successful international career at BG Group as Vice President Exploration and Growth for Europe and most recently as Interim Chief Executive Officer of Hurricane Energy PLC. She has a background in development and production geology and underground management, particularly in the Trinidad (hibiscus, poinsettia and Ixora), Tunisia (Hasdrubal) fields and various operational developments in the UK including Mercury, Neptune, Minerva, Apollo, Fleming, and Drake Jackdaw fields as well as other non-operated developments. John D. . Wright, Chairman of Touchstone, commented, « We are delighted to have Beverley join the board. Her expertise in international oil and gas, especially her background in Trinidad, will be critical as we continue to explore and develop the Ortoire block. «
IronRidge Resources Limited (LON: IRR), the Africa-focused mineral exploration company, announced that Christelle Van Der Merwe has been appointed to the company’s board of directors as a non-executive director.
Oracle Power PLC (LON: ORCP) announced Monday that Glen Lewis, a non-executive director, has informed the company of his resignation from the board of directors with immediate effect for personal reasons. Mark Steed, Oracle Chairman, said, “The board of directors would like to thank Glen for his contribution to the company and we wish him all the best for the future. «
Galantas Gold Corporation (LON: GAL) (CVE: GAL), the Northern Irish gold producer and explorer with a 100% interest in the Northern Irish gold mine, Omagh, announced late Monday that a convertible bond, as described in the publications from 16. and 23. December 2019 was converted into common shares of the company by the owner Melquart Limited. The bond had a coupon of 15% and could be exercised at a discount of 25% on the market price. The principal and interest on the bond amount to a total of 1. 150. 000 GBP (1. 968. 386 CAD). . According to the Notes, 11. 410. 933 shares of Galantas common stock with no par value issued at a price of CAD 0. 1725 each. After the issue, Melquart will be 20. 673. Holds 528 Galantas common shares, which is 45. 1% of the issued share capital of the company and the bond has been paid in full.
European Metals Holdings Limited (LON: EMH) (ASX: EMH) (FRA: E861. F) said it had received option exercise notices at 100. 000 new ordinary shares of the company to subscribe at a price of 40. 18 cents per DI share, for the subscription monies of 40. 180 AUD have been received, as well as notifications of the exercise of options to subscribe for another 100. 000 DI shares at a price of Jan.. 11 cents per DI share, for the subscription monies in the amount of 31. 110 AUD have been received, and option exercise notices to subscribe for an additional 200. 000 DI shares at a price of 25 cents per DI share, for the subscription monies of 50. 000 AUD have been received. The proceeds from the option exercise will be used for general working capital purposes.
Power Metal Resources PLC (LON: POW), the AIM-listed metals exploration and development company, announced that it has received notices regarding the exercise of warrants over 5. 698. 000 new shares of common stock received from 0. 1 pence each in the company, with 3. 198 were issued at an exercise price of 1. 0 pence per common share and 2. 500. 000 at an exercise price of 0. 7p per common share. Power Metal has a subscription fee of 49 for these exercises. Received £ 480.
Bahamas Petroleum Company PLC (LON: BPC), a Caribbean and Atlantic oil and gas company with exploration, production, appraisal and development resources throughout the region, has received notice of the exercise of warrants in Reference to receive 3. 624. 800 common shares from 0. 002 pence each in the company’s capital at an exercise price of 2 pence per share. In addition, Bahamas Petroleum announced that in connection with the Sept.. Financing agreement announced December 2020 42. 500. Has issued 000 warrants related to advisory fees. These warrants are valid for three years from the grant date and have an exercise price of 2 pence per share. If these warrants were exercised, the company would generate gross proceeds of approx. 850. Received £ 000.
Salt Lake Potash Limited (LON: SO4) (ASX: SO4) announced that it has met all remaining terms of the Syndicated Facility Agreement (SFA) to complete a financial close and out of the initial draw of 105 million. USD debt. Tony Swiericzuk, Salt Lake Chief Executive Officer, commented, « SO4 is delighted to close the Taurus / CEFC debt facility for $ 138 million. And the initial tranche of 105 million. Having drawn US dollars. This is a major milestone in the development of the company and the Lake Way project. Drawdown made the repayment of the bridge facility easier, which has enabled SO4 to move the project forward significantly since August 2019. These funds, combined with the recent placement, ensure that the company is well funded to carry out the Lake Way project. «
Sunrise Resources PLC (LON: SRES) announced that the annual general meeting on Thursday, 28. January 2021, at 12 noon. 12:00 AM at the company’s offices at Silk Point, Queens Avenue, Macclesfield, Cheshire SK10 2BB. Due to the restrictions imposed by the UK government in connection with the coronavirus (COVID-19) pandemic, the general meeting will be held as a closed session attended by a minimum number of shareholders and directors. In this case, shareholders are advised not to travel to attend the meeting as they will not be admitted. Shareholders are therefore asked to register a proxy where the chairman will be appointed in accordance with their voting instructions.
Mosman Oil & Gas Limited (LON: MSMN) has announced that all resolutions presented to shareholders at the Annual General Meeting on Tuesday in Sydney, Australia on Tuesday have been duly passed. Resolutions included one to reappoint Mr. John Young as director and six to issue shares and warrants to directors to cover outstanding amounts deferred due to the effects of the coronavirus pandemic (COVID-19). The group said that the adoption of the resolutions debts amounting to 225. Removed A $ 000 from their balance sheet and therefore increased working capital by a similar amount.
Zaim Credit Systems PLC (LON: ZAIM), the Russia-focused fintech group that provides financial inclusion to consumers who are not well served by major lenders, announced that it has a new investor presentation that can be found on the group’s new website via the following link: https: // www. zaimcreditsystemsplc. com / investor_presentation
Avation PLC (LON: AVAP) announced that the 2020 Annual General Meeting will take place at 9 a.m.. 12:00 AM UK time on Nov.. December 2020. Due to coronavirus restrictions, the AGM will be held remotely via Zoom conference call and shareholders will be invited to attend using the link below: https: // us02web. Zoom. us / j / 3413107807; Zoom Meeting ID: 341 310 7807
. . .
Colin Harrington of Zephyr Energy (LON: ZPHR) speaks to Proactive London after announcing the start of drilling for the 16-2 well in the Utah Paradox Basin.
Harrington reminds viewers of the goal of digging up to 100 feet of continuous core from target Cane Creek. . .
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