Alien Metals (LON: UFO) has amended last week’s announcement about silver assays from fieldwork at the Elizabeth Hill project, which was based on information released by its partner Errawarra Resources. Within the notable assay results, in one result 0.06% copper was amended to 0.1% copper. Silver assays of up to 490g/t were found in samples. The share price rose 17.3% to 0.1525p, adding to last week’s outperformance.
Late on Friday, Premier African Minerals (LON: PREM) reported positive news concerning the spodumene processing plant at the Zulu lithium and tantalum project. Previous problems have been identified, and operational changes should cure them. The share price recovered 9.8% to 0.028p.
Avacta (LON: AVCT) is selling Coris Bioconcept to 3B BlackBio Dx for an initial payment of £2.15m with an earn-out of up to £615,000. The business was loss-making. Avacta will focus on developing its peptide drug conjugate pipeline. The share price increased 8.65% to 51.5p.
OptiBiotix Health (LON: OPTI) doubled gross revenues to £557,000 in the six months to June 2025, while gross margin improved to 54%. The second half will benefit from a reduction in overheads. Cash was £1.3m at the end of June 2025. The share price improved 4.35% to 12p.
FALLERS
Active Energy Group (LON: AEG) is updating its digital asset treasury strategy. It proposes to put an equal proportion of its discretionary allocation in Ethereum and Solana. Bitcoin will still be held. The share price dipped 15.8% to 0.16p.
Digital mental health services provider Kooth (LON: KOO) says trading in California is in line with management expectations and there has been a positive impact report. Demand outstrip supply, although US federal cuts to healthcare spending could impact programmes. UK trading is steady. Net cash was £15.1m at the end of June 2025. The US dollar exchange rate will hold back revenues and profit. Kooth has strengthened its management team in the US and Kate Newhouse has taken over as chief executive. The share price declined 9.94% to 163p.
Oracle Power (LON: ORCP) chief executive Naheed Memon has been appointed to Pakistan’s National Hydrogen Working Group. Oracle Power has a green hydrogen project in Sindh province. The share price fell 5.84% to 0.0145p.
Coro Energy (LON: CORO) has completed the placing raising £1.64m 0.5p/share. A retail offer could raise a further £100,000 and closes on 31 July. The general meeting to gain shareholder approval should be held on 14 August. The cash will finance rooftop solar and battery storage projects in Vietnam. There will be a strategic review of wind and solar projects in the Philippines. There will be a further cash injection when the sale of the company’s 15% interest in the Duyung PSC is approved by the Indonesian authorities. The share price slipped 4.76% to 0.5p.
Advanced imaging technology developer Kromek (LON: KMK) has received $5m from Siemens, which is the second instalment of the non-exclusive agreement CZT detectors for SPECT applications, and it follows the delivery of certain milestones. So far, $30m has been received and there are further payments totalling $7.5m due, with the next instalment likely in the year to April 2027. The share price decreased 2.63% to 5.55p.