eEnergy Group (LON: EAAS) is urging shareholders to vote at the upcoming general meeting on 23 October to ensure that the £8.3m share issue at 0.3p each goes ahead and £4m of trade creditors can be paid. This will keep the company solvent and if the shares cannot be issued than management will need to assess the company’s financial position. The share price recovered 17.7% to 0.365p.
Verici Dx (LON: VRCI) shares rebounded 9.3% to 0.235p/share following the recently completed £8.75m fundraising at 0.2p/share.
Shuka Minerals (LON: SKA) has received laboratory results for the remaining holes of the drilling programme at the Speaks / Mine Club area at the Kabwe zinc mine. These confirm high grades, which are well above the average grades previously reported and they are some of the highest grades globally. The focus is increasing the resource by at least 50%. The share price gained 9.09% to 3.6p.
Helix Exploration (LON: HEX) says the Montana Board of Oil and Gas Conservation has granted an exemption to allow the helium producer to vent waste gas (primarily nitrogen) at the Rudyard facility. This will enable operations to restart. The share price rose 7.93% to 29.25p.
ECR Minerals (LON: ECR) is making progress at the 50% owned Maddens Flat group of mines in north Queensland. Stockpiled development material targeted to be processed by the end of October. Main production ore should begin to be processed in November. The share price increased 7.41% to 0.145p.
FALLERS
Jarvis Securities (LON: JIM) says it will consider credible reverse takeover opportunities, but winding up the company is still the current intention. There was £2.5m in cash at the end of September 2026. The 2025-26 results should be released before the end of the year. The share price declined a further 38.5% to 4p, which capitalises the company at £1.8m.
Trading in Serval Resources (LON: SRVL) shares restarted after the ending of the Capital Access Window. The retail offer raised £519,000 at 25p/share and this takes the total amount raised to £7m. The company is exploring for copper in Namibia and Botswana. The share price dipped 16.4% to 25.5p.
There has been some profit taking in cloud-based video editing technology developer Blackbird (LON: BIRD) despite today’s confirmation that elevate.io is available on the Google Perks platform in the UK. This enables Chromebook users to access elevate.io at a discounted rate. Existing and new users can take advantage of this browser-based offer. If the pilot is successful, it could be rolled out in other countries. The share price may have fallen 13.2% to 2.95p, but it is still 63.9% higher on the week.
Iodine producer Iofina (LON: IOF) disappointed the market with weak third quarter production figures due to lower brine volumes and a delay in IO#12 commencing production. Third quarter production was 205 tons. Second half iodine production expectations have been reduced from 460-485 tons to 440-455 tons. However, higher iodine prices have offset much of this decline. Forecasts for 2026 have hardly changed. The share price slipped 10.9% to 49p.