Asia-focused renewable energy developer Coro Energy (LON: CORO) has received approval for a senior secured debt facility of up to $20m. This will fund up to 70% of investment in solar and battery storage products in Vietnam. The share price jumped 19.7% to 3.95p.
Catenai (LON: CTAI) investee company Alludium has achieved ISO 27001:2022 certification (standard for information security management systems) and received its SOC 2® Type II attestation, which indicates the company’s controls are deemed to be effective. The share price increased 19.6% to 0.305p.
Deltic Energy (LON: DELT) shares rebounded 14% to 2.85p following yesterday’s fall after the Rockrose Energy bid lapsed. UK regulatory approval of the change of control of Deltic Energy North Sea licences had not been obtained. Deltic Energy has enough cash to last into the second half. The recommended offer was 7.46p/share. Rockrose Energy recently acquired 529,000 shares at 3.4822p each, taking the shareholding in the oil and gas company to 3.19%, which suggests continued interest.
Rockhopper Exploration (LON: RKH) has booked reserves for the Sea Lion project, offshore Falkland Islands. Phase one and two has attributed 2P reserves of 314mmbbl (110mmbbl net to Rockhopper) and there is significant upside to this figure. The first oil is expected to be produced in early 2028. There was $179m in cash at the end of 2025, but there will be net debt by the end of 2026. The share price gained 6,57% to 82.7p.
Reabold Resources (LON: RBD) has raised £1.51m in an oversubscribed placing at 0.1p/share. This follows a £1.9m investment by strategic investors. The cash will be spent on the West Newton project in the North Sea. The share price rose 5.13% to 0.1025p.
FALLERS
Peru-focused mining company Nativo Resources (LON: NTVO) has established an At The Market Facility with Axis Capital Markets of up to £5m. The company has issued 12 million shares to Axis, which will sell them to raise cash for the company. The share price declined 25.3% to 0.28p.
Sorted Group (LON: SORT) is asking for shareholder approval for the sale of its operating business, which was bought two years ago, for £1. It requires additional cash to grow Ongoing monthly operating costs will be around £18,000 and the board will seek to find an acquisition. The name will be changed to SGH. The share price slumped by one-quarter to 15p.
Waste to energy technology developer FORGENT (LON: FORG) has received a non-binding offer from a global insurer for a customer’s potential project. This covers the two-year warranty period and a site acceptance test backstop. This derisks the project and it could be used for other projects.
Litigation Capital Management (LON: LIT) shares fell a further 3.83% to 4.52p following the announcement of an interim loss of $116.7m on Tuesday. The share price has fallen by more than one-quarter over the past week.
Ex-dividends
Caledonia Mining Corporation (LON: CMCL) is paying a dividend of 14 cents/share and the share price is 15p higher at £17.50.
Gattaca (LON: GATC) is paying an interim dividend of 1.33p/share and the share price is unchanged at 112p.
MHA (LON: MHA) is paying a dividend of 1p/share and the share price declined 3p to 128.5p.
Personal Group Holdings (LON: PGH) is paying a final dividend of 15.1p/share and the share price fell 10p to 349p.
Quartix (LON: QTX) is paying a final dividend of 7.5p/share and the share price slipped 4p to 222p.
Real Estate Investors (LON: RLE) is paying a dividend of 0.4p/share and the share price is unchanged at 29.1p.