Aquis weekly movers: Richmond Hill returns from suspension after prospectus launched

Richmond Hill Resources (LON: SHNJ) shares returned from suspension 58.6% higher at 1.15p following the publishing of a prospectus for the acquisition of 145 map designated mineral exploration titles in an area of copper mineralisation in Quebec and the move to AIM on 15 October. A placing will raise £1.4m at 1p/share. This values the company at £5.9m. A retail offer is planned, which is conditional on admission to AIM. The cash raised will fund exploration and working capital.

Digital asset investor Vaultz Capital (LON: V3TC) has had the shares approved for electronic trading on the Frankfurt Stock Exchange. The share price increased 34.4% to 5.375p.

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Interim revenues at digital assets investor KR1 (LON: KR1) fell from £8.72m to £2.93m. There was a disposal loss of £162,000, compared with a £3.64m gain. There was also a drop in fair value of assets, compared with a gain last time. This means that there was a first half loss of £14.1m, compared with a pre-tax profit of £10.3m. Over 12 months, NAV fell from 78.76p/share to 40.39p/share. The NAV recovered to 50.74p/share by the end of August 2025. The share price recovered 9.59% to 40p.

B2B gaming product marketplace company Nyce International (LON: NYCE) generated initial revenues of £122,000 in the six months to June 2025. The loss increased from £167,000 to £594,000. Shares have been issued to pay £47,500 to creditors. Hub Affiliations has raised its stake from 19.85% to 21.5%. The share price rose 6.67% to 0.08p.

Brewer Shepherd Neame (LON: SHEP) reported lower interim revenues in the year to June 2025. They fell from £172.3m in 53 weeks to £164.3m in 52 weeks. They were still lower on a like-for-like basis. Underlying pre-tax profit declined 4% to £7.6m. Dividends were raised by 4% to 21.5p/share. Net assets are 1229p/share. A revaluation of pubs showed a surplus over book value of 356p/share. The share price improved 6.08% to 497.5p.

FALLERS

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Isle of Man-based B HODL (HODL), which recently joined Aquis has appointed Canaccord Genuity as broker. The strategy is to acquire Bitcoin and a further 10 Bitcoin were acquired for £844,213. That takes the holding to 122 Bitcoin at a total cost of £10.2m. The share price lost some initial gains and is 28.7% lower at 14.25p. The original placing was at 14p.

Trading in wind-based hydrogen production technology Hydrogen Future Industries (LON: HFI) was restored after the release of interims to January 2025. There are no revenues. The loss reduced from £432,000 to £198,000, mainly due to the lack of research and development spending. Director fees have been deferred. There are currently loans from directors totalling £154,000. A fundraising is planned to finance technology development and the new Bitcoin treasury strategy. The share price declined by one-quarter to 1.125p.

Dermatology treatments developer Incanthera (LON: INC) did not generate any revenues in the year to March 2025, and there was a cash outflow from operating activities of £3.1m. Skin+CELL sales have commenced so there will be revenues in the first half of the new financial year. There is uncertainty about sales levels and salaries, and other costs are being deferred or reduced so that working capital can be funded. The share price is one-quarter lower at 2.25p.

Wishbone Gold (LON: WSBN) is raising £4m at 1.3p/share. This will fund further exploration at the Red Setter Gold Dome in Australia. Interim results show a cash outflow of £1.3m, leaving cash of £826,000 at the end of June 2025. The previous placing was at 0.13p/share, which indicates the recent gains prior to the 21.2% downward move to 1.3p.

Online consumer loans provider Amazing AI (LON: AAI) started the week by announcing a retail offer of up to £500,000 at up to 2p/share and it was cancelled on Thursday because of changes to market conditions. Chief executive Paul Mathieson has provided a loan facility that allows the company to drawdown funds to provide consumer loans of up to $5,000 in Georgia, USA. Amazing AI is also seeking to amend the agreement so that funds can be used to buy crypto assets. The share price slipped 16.1% to 1.3p.

Vault Ventures (LON: VULT) has raised £96,000 from the sale of its total holding of Solana. This leaves Ethereum valued at £2.6m. The cash will finance Ai development. The share price fell 13% to 1p.

Phoenix Digital (LON: PNIX) reported a first half decline in value of its digital assets of £6.06m. NAV was £22.2m at the end of June 2025. The share price is 8.6% lower at 4.25p.

Amirose London Holdings (LON: ALH) reported results for the year to March 2025 showing a loss of £3,000, but this was before the acquisition of the eponymous personal care products contract manufacturer in June. The share price declined 7.69% to 3p.

Mendell Helium (LON: MDH) has still to take up the option to acquire helium producer M3 Helium. This means that there is no contribution to the results to March 2025 where the loss increased from £133,000 to £938,000. There are plans to move to AIM. The share price decreased 7.69% to 3p.

Valereum (LON: VLRM) has decided to cancel two million warrants exercisable at 0.5p each. In return it has paid £10,000 to the holder of the option over the warrants. The share price dipped 1.92% to 2.55p.

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