Persistence Gold Group is investing £3.51m in GoldStone Resources (LON: GRL) at 1p/share. This will fund a drilling programme at the Homase mine in Ghana to enhance the JORC mineral resource, plus exploration and mine planning. Persistence Gold can appoint one director while it owns more than 15% – the current stake is 20.96%. Strand Hanson has been appointed broker. The share price jumped 22.7% to 0.675p, which is still well below the subscription price.
Legal services provider Knights Group Holdings (LON: KGH) full year revenues rose 28% to £207.7m and pre-tax profit was 19% higher at £33.2m. The total dividend has been raised 17% to 5.63p/share. Cash generation funded acquisitions and net debt was slightly higher at £65.4m. Pre-tax profit is forecast to improve to £36.4m this year. The share price is 3.465 higher at 194.5p, having been above 198p at one point.
Outsourced surgery provider One Health Group (LON: OHGR) grew full year revenues 11% to £31.6m and pre-tax profit improved from £1.9m to £2.7m. This year the new surgical hub is being built and that will reduce interest income, so there could be a small dip in profit. This year’s estimated capex is £8.5m, but there should still be net cash by the end of March 2027. Once the new surgical hub is up and running there will be a much higher depreciation charge, but cash generation will improve. Forecasts do not include any contribution from the surgical hub. This provides upside to profit forecasts from 2027-28 onwards. The share price increased 3.09% to 250p.
Oriole Resources (LON: ORR) announced the results from the recent drilling at the MB01-S deposit at the 50%-owned Mbe gold project in Cameroon. They show northern, western and southern extensions to the geological model. An updated mineral resource estimate should be published in the third quarter. The share price rose 2.7% to 0.38p.
FALLERS
Phoenix Copper (LON: PXC) announced a £2.3m fundraising at 0.5p/share and a retail offer that could raise £500,000 is planned. The cash will repay short-term debt owed to Indigo Capital – currently $1.564m – and fund ongoing costs. There will also be funds spent on detailed engineering at the Empire copper project in Idaho. The share price dived by three-fifths to 0.44p.
Granicus Holdings, which sold Everfex to Fiinu (LON: BANK), has sent a letter to major shareholders in the Plugin overdraft developer. The writer of the letter is former Everfex boss Karol Oleksa. The letter criticises the Fiinu management for the 2025 loss. A review of the Everfex business identified problems not disclosed at the time of the acquisition. Fiinu is suing the seller due to breaches of restrictive and covenants and seller warranties. The claims are valued at £16m. The share price dipped 4.76% to 5p.
Restructuring and property advisory business BTG Consulting (LON: BTG) improved full year pre-tax profit from £23.5m to £25m. There were contributions from acquisitions, but organic revenue growth was 8%. Net debt was £1m at the end of April 2026. Canaccord Genuity upgraded its pre-tax profit forecast to £26.5m. The share price declined 4.7% to 111.5p.
Seascape Energy Asia (LON: SEA) executive chairman James Menzies is taking medical leave-of-absence for an initial three-months following a cycling accident. The share price slipped 1.69% to 87.5p.