Thor Energy (LON: THR) has signed a binding agreement with DISA Technologies to treat uranium waste dumps in Colorado. This includes a gross revenue sharing agreement for the uranium and other critical minerals produced. DISA has received its US Nuclear Regulatory Commission Service Providers License. Thor Energy holds 25% rights to the uranium minerals with Metals One (LON: MET1) owning the other 75% of the subsidiary, which will receive between 2.5% to 4% of gross sale revenues. Thor Energy does not have to fund capital spending. Metals One also says that first production at the Chilalo graphite project in Tanzania, where it has a minority stake, is being accelerated to October 2027. Metals One shares are up 3.12% to 4.12475p. Thor Energy is the best performer on the day with a gain of 22.2% to 0.825p.
Cancer treatments developer Sareum (LON: SAR) had cash of £3.5m at the end of June 2025. It is set to advance the development of its lead asset SDC-1801, which has an initial focus on psoriasis, and it is in discussions with contract research organisations about restarting the toxicology study that was recently discontinued. The share price increased 19.6% to 16.75p.
Following the filing of the patent for the P140 autoimmune platform ImmuPharma (LON: IMM) says that it is seeking partners and potential partners that sign a disclosure agreement have the opportunity to access the most recent data. The company has enough cash to take it into the second half of 2026, following the final settlement of the Lanstead Capital sharing agreement in November. Additional cash should come from deals. The share price rose 15.6% to 12.6p.
Wine maker Chapel Down Group (LON: CDGP) expects to increase this year’s grape yield from 1,852 tonnes to 2,882 tonnes as the number of productive vineyards grows and the yield per acre rises. The warm summer weather created optimal conditions. The share price improved 12.8% to 39.5p.
FALLERS
Staffing company Empresaria (LON: EMR) is no longer in an offer period following the announcement that Legacy Holdings does not intend to make an offer of 62p/share due to the changes in the board. The new board will conduct a review of operations, and it believes that Empresaria has the management teams to unlock untapped potential, particularly when there is a recovery in staffing markets. There will be an initial focus on efficiency and costs. The share price slumped 26.2% to 24.5p.
Vast Resources (LON: VAST) is raising £2m at 0.18p/share. This will be used to repay $1m of debt from Alpha and Mecuria, while it waits to receive the proceeds of diamond sales and fund further development of the Baita Plai mine and reopen the Manaila mine. The share price slipped 22.4% to 0.2025p.
Nativo Resources (LON: NTVO) has started technical investigations at the Tesoro gold project in Peru and the requirements for a gold processing plant at La Patona have been met. Final Investment Decision is dependent on financing. Further funding will also be required to advance mining operations. The share price fell 17.1% to 0.435p.
Geo Exploration (LON: GEO) says the drilling of hole JUD002 at the Juno gold project in Western Australia is complete. Assay results from the first two holes should be received. The next phase of drilling will be in early 2026. The share price declined 13.6% to 0.255p.
Ex-dividends
Sanderson Design Group (LON: SDG) is paying an interim dividend of 0.5p/share and the share price fell 0.5p to 47.5p.
Serica Energy (LON: SQZ) is paying an interim dividend of 6p/share and the share price declined 1p to 189p.
Thor Explorations (LON: THX) is paying a fourth quarter dividend of 0.67p/share and the share price jumped 11% to 65.5p. A further 0.67p/share advance dividend goes ex-dividend tomorrow.
Touchstar (LON: TST) is paying an interim dividend of 1.75p/share and the share price is unchanged at 72.5p.
M Winkworth (LON: WINK) is paying a dividend of 3.3p/share and the share price is unchanged at 195p.