Energy B (LON: NGRB) chairman David Lenigas bought 100,000 shares at 16p each and 50,000 shares at 25p each. Silvertree Partners will take over accounting and company secretary activities for the company. The share price jumped 79.8% to 29p.
Astrid Intelligence (LON: ASTR), which is focused on the Bittensor decentralised AI ecosystem, says Zils will operate as the company’s Bittensor subnet, Subnet 127. Astrid Intelligence retains the SN127 owner key and will recognise the revenues and costs. It has sold 200,000 SN127 tokens for 400 TAO, taking the stake to 3,000 tokens. The share price increased 11.8% to 0.0475p.
Uranium explorer Reveille Resources (LON: REV) shares have started trading on the OTCID Basic Market in the US under the symbol RVREF. Warrants have been exercised at 10p each and this has raised £260,000. Lieutenant General Andrew M. Rohling (Ret.), former Deputy Chair of the NATO Military Committee, has been appointed as a non-executive director. The share price rose 3.01% to 17.0125p.
FALLERS
Sulnox Group (LON: SNOX) has issued 366,664 shares at 2p each to EPS Ventures Pte Ltd, which relates to the volume of Sulnox Eco used. The share price declined 15.4% to 27.5p.
Ajax Resources (LON: AJAX) has agreed a second extension to its option to acquire the Nueva Celti copper project in Spain until 30 November. A non-refundable option fee of $10,000 has been paid. The acquisition of a 74.79% interest in the Paguanta project has been completed. The share price fell 10.3% to 6.5p.
Adsure Services (LON: ADS) expects interim revenues to be 17% lower. A new tool for resource allocation being used by the audit and assurance services provider has taken longer than anticipated to be implemented. Improvements that will increase resource utilisation have been put into force. Corrective actions should improve trading in the second half, but not enough to make up for the first half shortfall. The interims will be published in December. Larissa Joy has been appointed chair. The share price is 7.69% lower at 30p.
Ethtry (LON: ETHY) has issued the vendors of Dunbar Energy with consideration shares that give certain Dunbar Energy vendors a 24.7% stake. The share price is down 2.94% to 0.165p.
Stack BTC (LON: STAK) has revised the terms of the acquisition of the Direct Bullion business. The total consideration is still £12m, but it will all be in shares issued at a minimum of 6p each with £7.6m payable on completion with the rest payable over two to five years. The deferred consideration depends on EBITDA of at least £2.5m in each year. Direct Bullion made a post-tax profit of £2.15m last year. The share price dipped 2.78% to 4.375p.
Sentry 7 (LON: SVN) says Whitespace, its engineering partner, has entered a teaming agreement with PA Consulting for a co-deign and proof of value programme for the secure messaging platform for the regulated financial sector. This is intended to fight quantum computing attacks. The share price slipped 2.22% to 0.22p.