AIM movers: 80 Mile Greenland boost and Journeo’s New York order

Resources explorer 80 Mile (LON: 80M) says its US joint venture partner has announced that an independent report confirms the world-class potential of the Jameson Land Basin in eastern Greenland. This estimates more than 13 billion barrels (P10) of gross unrisked recoverable prospective oil resources. 80 Mile has a 30% post earn-in share. It has a free carry on the initial drilling planned for the second half of 2026. March GL is earning up to 70%. This follows yesterday’s announcement that 80 Mile has revised the terms of its acquisition of Hydrogen Valley, which operates a biofuel site in Italy. The share price increased 11.1% to 0.8p.

Artemis Resources (LON: ARV) assay results for the Titan East target at the Carlow resource. A down hole interval of 5 metres grading at 13.1g/t gold was identified from a 132 metre drill hole. This is in a previously unrecognised zone of mineralisation. The share price gained 10.7% to 0.415p.

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AI analytics technology services provider Insig AI (LON: INSG) has won a contract with an international law firm. This is the first legal practice that Insig AI’s Generative Intelligence Engine has been sold to. The share price improved 7.41% to 29p.

Journeo (LON: JNEO) has received a $5m order from Outfront Media to supply platform displays systems for the Metropolitan Transportation Authority in New York. Deliveries will start in the second half of 2026. The share price rose 7.42% to 492.5p.

WH Ireland (LON: WHI) has received the final payment of £1.1m for the sale of the capital markets business to Zeus. This was the full amount deferred and was based on revenues in the 12 months since the disposal. The share price recovered 4.55% to 1.15p.

FALLERS

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Shares in bars operator The Revel Collective (LON: TRC) continue to decline following last week’s news that it is conducting a strategic review, which includes a formal sales process. Net debt was £25.3m at the end of September 2025. Additional funding will be required to stay within banking limits. First quarter like-for-like revenues were 7.4% lower. The share price slipped a further 16.7% to 0.15p.

Guardian Metal Resources (LON: GMET) had cash of $1.87m at the end of June 2025. Subsequent fundraisings have increased the cash position to $14.7m. The share price declined 7.83% to 106p.

Unified marketplace for AI agents Sundae Bar (LON: SBAR) has raised £1m at 6p/share and a WAP retail offer could raise up to £100,000. The cash will accelerate the growth of the sundae_bar platform. The share price fell 6.9% to 6.75p.

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