Corporate finance business Marechale Capital (LON: MAC) has obtained FCA approval for the acquisition of Stanford Capital Partners. This is one of the three acquisitions announced last week that will scale up the business. The share price jumped a further 22.55 to 5.45p and it is 173% higher since the end of May.
Beeks Financial Cloud (LON: BKS) has signed a five-year contract worth £3.6m with a Tier 1 global bank for the deployment of AI-based trading analysis and monitoring tool Market Edge Intelligence software in one part of its business. This will help to underpin expectations for 2025-26. This helped the share price to rebound 17.9% to 191.5p.
Oriole Resources (LON: ORR) has announced further results from drilling at 50%-owned Mbe orogenic gold project in Cameroon. Gold is over significant widths in the two latest drill holes. An updated mineral resource estimate is expected in early third quarter 2026. The share price improved 11.7% to 0.335p.
Jangada Mines (LON: JAN) has started phase 2 drilling at the Molly gold project in Brazil. There will be ten holes totalling around 1,100 metres. This will refine geological models. The share price rose 6.82% to 1.175p.
FALLERS
Genetic testing developer GENinCODE (LON: GENI) reported 14% growth in 2025 revenues to £3.1m, but investment in preparation of growth in the US and other markets meant that the loss increased. There was a £4.12m cash outflow from operating activities during the year. Earlier this year, £4.3m net was raised at 1p/share, so there is enough cash to take the business into 2027. This year the new manufacturing and distribution deal with Thermo Fisher will start to make a contribution and an FDA submission for the CARDIO inCode-Score test assessing coronary genetic risk is expected in the third quarter. If things go to plan approval could be received by the end of 2026. Updated guidelines for this type of test were announced in March, and they should provide additional momentum for sales. This year Spain will continue to be the main generator of revenues, but GENinCODE is laying the foundations for additional growth in other markets next year. The share price dipped 17.4% to 0.95p.
Podcast platform operator Audioboom (LON: BOOM) has concluded its strategic review. There were three potential bidders, but they were deemed to be undervaluing the business. First quarter revenues were a record and a 2026 pre-tax profit of $6.5m is forecast. The share price declined 15.2% to 475p.
Capital machinery supplier Mpac (LON: MPAC) is selling its subsidiary Lambert and trading remains tough. Lambert produced specialist packaging lines and differed from the rest of the business which supplies more standardised capital equipment. Lambert lost money last year, but it is expected to return to profit in 2026. Italy-based Mech.i. Tronic is paying an initial £16m for Lambert with up to £4m more depending on performance in 2026. This deal is part of the reason behind a sharp cut in the 2026 pre-tax profit forecast, but there are also tough trading conditions putting pressure on margins. Panmure Liberum has cut its pre-tax profit forecast from £15m to £8.5m. Net debt should be reduced to £30.8m by the end of the year. The share price slid 11.4% to 232.5p.
Great Western Mining Corporation (LON: GWMO) shares will start trading on the US OTCQB market today and they should be attractive to US investors because of the mining assets in Nevada. The share price fell 10.3% to 3.9p.