Blue Star Capital (LON: BLU) investee company SatoshiPay’s Vortex fiat-to-crypto infrastructure platform processed more than $10m of transactions in January, more than double the level in December. There are plans to expand in the US. The share price jumped 41.2% to 12p.
Healthy snacks supplier Tooru (LON: TOO) says that free-from OAF has increased the number of products in Tesco and the number of stores they are sold in. Three more products will be added after Easter. Asda will start selling OAF products in April. The share price rose 17.4% to 0.27p.
Localisation and digital media services provider Zoo Digital (LON: ZOO) is seeing signs of recovery in activity and has received initial orders from two studios. Gillian Wilmot and Mickey Kalifa are stepping down from the board after many years and Nathalie Schwarz will replace Gillian Wilmot as chair. Two new non-executive directors will be appointed. The share price increased 16.2% to 10.75p.
Full year revenues at restaurants operator Various Eateries (LON: VARE) were in line with expectations at £52.4m, but margins were better that expected and the loss was lower than expected at £2.4m. There was 2% like-for-like growth in revenues and there was a strong performance over the Christmas period. Zeus has reduced its 2025-26 loss estimate to £1m with forecast net cash of £1.9m. The share price gained 11.4% to 12.25p.
Tungsten West (LON: TUN), which owns the Devon-based Hemerdon tungsten and tin mine, has published an updated project value on the back of strong metals prices. The NPV7.5% has increased from $190m to $1.7bn. The debt financing discussions are continuing with multiple lenders. Important equipment is being ordered as the company seeks to restart operations at the mine. The share price improved 8.31% to 21.5p.
FALLERS
Image Scan (LON: IGE) says a major defence contract that was going to use the company’s ThreatScan® portable X‑ray systems has been terminated. The was a 36-month programme that would have been a major contributor to 2026-27 and 2027-28 revenues. The termination reduces the order book from £4.67m to over £1m. The share price slumped 31.7% to 1.4p.
Ethernity Networks (LON: ENET) has raised £367,500 at 0.004p/share. This will repay short-term debt and provide working capital. Warrants are being issued and could raise a similar amount, and this could provide enough cash for most of 2026. In 2025, revenues were $1.03m and they could be more than $1.7m this year. The share price declined 21.4% to 0.0044p.
At the weekend Serabi Gold (LON: SRB) reported a fatality at the Palito complex in Brazil. This relates to a traffic accident underground. Production in the area has stopped but it should resume in a few days. This is the second fatality in one week. The other was at the production face of the Coringa mine. The authorities are investigating both deaths. The share price fell 20.6% to 260p.
Bars and escape rooms operator XP Factory (LON: XPF) had a weak Christmas trading period at Boom Battle Bars, where like-for-like revenues were 7.2% lower. Escape Hunt trading has held up with like-for-like growth of 6.4%. The pace of new openings will slow because of the weaker trading environment. Net debt is higher than expected at £5.6m. Cavendish expects a pre-tax loss of £1.3m this year and £1.5m next year. The business is still cash generative. The share price fell below 12p early in the day, but it has recovered some of the loss and is down 3.57% at 13.5p.
