Forgent (LON:FORG) has agreed improved terms for the Mount Sholl nickel copper PGE project option agreement. The total cost is the same at A$2.7m in cash and shares, but it will be paid in four instalments. The initial payment on exercise will be A$975,000 followed by three payments of A$575,000 each at three month intervals. The initial payment will mean Forgent has an 80% interest in the project in Western Australia. The option has been extended to 14 November. The share price rebounded 22.2% to 0.011p.
Image Scan (LON:IGE) says indicated revenues were more than double last years at £3.4m and the x-ray imaging technology developer returned to profit. New products helped growth and the order book is worth £1.4m. Pre-tax profit of £300,000 is estimated for 2025-26. The share price recovered 7.69% to 3.5p.
Thor Explorations (LON:THX) has set the sterling exchange rate for its quarterly dividend at C$1:£0.53339, which means that it will be 0.6667p/share, which is just above the previous quarter dividend of 0.6625p/share. The share price improved 5.82% to 50p.
Smart buildings company Built Cybernetics (LON:BUC) has completed its acquisition of Ecolibrium Inc, which owns the SmartSense smart building technology. Shareholder Unbound has nominated Abhijit Mishra to the board. There has been a change to the convertible loan agreemets although the total remains the same. Unbound has advanced £350,000 and Greenwave-FZCO has advanced £150,000. The share price rose 4.76% to 1.65p.
FALLERS
Oil and gas company Synergia Energy (LON:SYN) says that there is no firm date for the spudding of the C-79 Cambay well. This is on the Cambay PSC (working interest 50%) in India. The drilling unit mobilisation could be March 2027. The share price slumped 17.7% to 0.007p.
Dekel Agri-Vision (LON:DKL) returned from suspension down21.4% to 0.275p after raising £24,526 from a retail offer at 0.26p/share. This takes the total raised to £720,000. The company plans to raise cash to expand its cashew nuts operation in Tiebissou, Côte d’Ivoire. Third quarter cashew sales volumes were 72.3% ahead.
Digital health company Medpal AI (LON:MPAL) says weight management clinic New Health revenues in October were one-third higher than the previous month at £3.63m Group revenues rose from £3.2m to £4.1m month to month with the rest coming from the online pharmacy business. Annualised revenues are £49m. The share price fell 9.09% to 5p.
Wind turbine maintenance services provider European Green Transition (LON: EGT) has appointed Cavendish as nominated adviser and broker. The share price dipped 4.76% to 10p.