Crownpeak Holdings is making an agreed 30p a share cash bid for omnichannel retail merchandising software provider Attraqt Group (LON: ATQT) in order to combine the technology with its Digital Experience Platform. The share price has not been at that level since May, and it reached its all-time low of 17.5p yesterday. The share price rose by 65.7% to 29p.
Pathfinder Minerals (LON: PFP) has agreed an option with claim enforcement group Acumen Advisory Group (AAG) for the acquisition of Mozambique-based IM Minerals Ltd. AAG will complete due diligence before deciding whether to pay £2m to acquire the business and the n commence proceedings against the government of Mozambique due to the unlawful transfer of a mining licence. A successful claim would spark a contingent payment to Pathfinder Minerals of either $24m or 20% of net recoveries if that is higher. The claim could be worth between $110m and $1.5bn and AAG has the cash to pursue it. Pathfinder Minerals shares jumped 61.9% to 0.85p.
Kodal Minerals (LON: KOD) estimates that capital costs for dense media separation processing plant for the Bougouni lithium project in Southern Mali will cost $65m. The NPV (7%) is estimated at $420m post-tax. This is based on an initial four-year mine life and based on a lithium price of $2,080 per tonne. The shares rose 15.1% to 0.305p.
Cyber security services provider Falanx Group (LON: FLX) reported 14% growth in underlying 2021-22 revenues to £3.5m and a slightly lower loss. So far in this financial year the order intake has increased by 18%. Operating costs will peak in the first half. There was a 14.3% rise in the share price to 0.6p.
Rosslyn Data Technologies (LON: RDT) has won a three-year, £500,000 contract with a multinational medtech company for the digital transformation of procurement operations. The share price rose 13.9% to 1.85p.
Shares in online performance marketing firm XLMedia (LON: XLM) slumped by 27.5% to 25p after forecast downgrades. More-third party business and a levelling off of activity in the sports sector have led Cenkos to reduce its profit after tax estimate from $14.6m to $6.2m.
US-focused minerals explorer Phoenix Copper (LON: PXC) says that the current economic conditions and volatile commodity prices have made it difficult to estimate operating and capital cost for the Empire open pit copper mine. The shares price slipped 22% to 23p.
Cloud-based conferencing services provider LoopUp (LON: LOOP) raised £3.5m at 5p a share to plug delays in cash generation and R&D tax credit receipts. This follows the deal to take on a book of business and the transfer happens on 1 October. The share price fell 21.1% to 5.05p. Last year £8.85m was raised at 25p a share, some of which went to finance the acquisition of SyncRTC.
Trading in Ukrproduct Group (LON: UKR) shares recommenced after it published its 2021 results and there was a 12.7% fall to 1.75p. A £329,000 profit was reported.
Ex-dividends
Advanced Medical Solutions (LON: AMS) is paying an interim dividend of 0.64p a share and the share price fell 5p to 241p.
Alumasc (LON: ALU) is paying a final dividend of 6.65p a share and the share price fell 1.5p to 143p.
Anglo Asian Mining (LON: AAZ) is paying an interim dividend of 3.69p a share and the share price fell 2.5p to 71.5p.
Arcontech (LON: ARC) is paying a dividend of 3.25p a share and the share price fell 2p to 78p.
TF & JH Braime (BMT) is paying a dividend of 4.75p a ordinary share and the share price is unchanged at 2050p.
TF & JH Braime (BMT) is paying a dividend of 4.75p per A non-voting share and the share price is unchanged at 1750p.
Central Asia Metals (LON: CAML) is paying an interim dividend of 10p a share and the share price declined by 3.75p to 219.25p.
Duke Royalty (LON: DUKE) is paying a dividend of 0.7p a share and the share price slipped 0.5p to 31.25p.
Fevertree Drinks (LON: FEVR) is paying a dividend of 5.63p a share and the share price fell 44.25p to 825.25p.
Fintel (LON: FNTL) is paying an interim dividend of 1p a share and the share price declined by 3.75p to 176.75p.
Fletcher King (LON: FLK) is paying a final dividend of 0.5p a share and the share price is unchanged at 37.5p.
Good Energy (LON: GOOD) is paying an interim dividend of 0.75p a share and the share price slipped 0.5p to 222.5p.
Jadestone Energy (LON: JSE) is paying an interim dividend of 0.6p a share and the share price lipped by 0.1p to 70.5p.
Life Science REIT (LON: LABS) is paying a maiden dividend of 1p a share and the share price fell 2.2p to 73p.
PHSC (LON: PHSC) is paying a final dividend of 0.5p a share and the share price is unchanged at 20p.
Public Policy Holding Company (LON: PPHC) is paying a maiden dividend of 4.5 cents a share and the share price is unchanged at 143.5p.
Safestyle UK (LON: SFE) is paying an interim dividend of 0.4p a share and the share price rose 0.5p to 26.75p.
Wynnstay Group (LON: WYN) is paying a final dividend of 5.4p a share and the share price slipped by 5p to 615p.
