UK Oil and Gas (LON: UKOG) shares returned from suspension 257.8% higher at 0.0365p. A subsidiary has executed a memorandum of understanding with National Gas Transmission, which is developing a 100% hydrogen pipeline system. The plan is to connect the company’s planned onshore salt cavern hydrogen storage facilities in Yorkshire and Dorset.
Tertiary Minerals (LON: TYM) says drilling results at Target A1 at the Mushima North project in Zambia have revealed the highest-grade silver and copper intersection. It also extends mineralisation 100 metres to the north. The mineralisation is approximately 450 metres by 400 metres. The share price jumped 36.9% to 0.0575p.
Pulsar Helium Inc (LON: PLSR) has made a helium-3 discovery at the Topaz project in Minnesota. There are sustained concentrations of up to 14.5 parts per billion in produced gas. This is one of the highest naturally occurring accumulation of helium-3 ever reported. Helium-3 is one of the rarest isotopes on Earth. It can generate $2,500/litre in some markets. Uses include future fusion energy reactors, quantum computing and advanced cryogenics. The share price increased 23.4% to 29p.
Building services provider Northern Bear (LON: NTBR) says that current trading is ahead of expectations. A strong first half means that full year underlying operating profit will be in line with last year. A non-recurring pre-tax profit of £1m will help to reduce debt. The share price rose 10.5% to 105p.
FALLERS
Litigation finance provider Litigation Capital Management (LON: LIT) made an underlying loss of A$100.5m, compared with a pre-tax profit of A$17.2m the previous year. Six cases were lost, and three more losses are being appealed. Costs have been reduced. The company is focusing on case management rather than seeking new cases. Net debt was A$69m at the end of June 2025. There is a facility of A$114m. The share price slumped 41.2% to 15.575p.
Shares in cyber security business Smarttech247 (LON: S247) have fallen a further 14.3% to 2.7p. Following its proposal that it should leave AIM because it believes that will bring more flexibility in strategy.
Oil and gas producer and explorer Arrow Exploration (LON: AXL) has abandoned the Mateguafa Oeste exploration well MO-1 because there were only traces of oil. The drilling rig is moving north east to the Mateguafa Attic prospect. There should be results announced in November. There are three other development wells planned if this is successful. This is on the Tapir licence in Colombia, where Arrow Exploration holds 50%. The share price slipped 13% to 11.75p.
Built Cybernetics (LON: BUC) says this year’s revenues ae expected to better than expected, despite weaker trading at the smart buildings. There has been stronger trading at the architecture division. There will still be a small loss in the second half. There are plans to sell Anders + Kern. The company has raised £1.115m via a convertible loan note issue. The share price declined 8.89% to 2.05p.