ImmuPharma (LON: IMM) has raised £125,000 from the exercise of warrants at 5p each. This follows the previous week’s filing a new patent application for P140, which can help to identify and treat a subpopulation of patients with Type M immune disorder that ae P140 super-responders. The share price rose a further 174% to 14.25p.
80 Mile (LON: 80M) says Nasdaq shell Pelican Acquisition Corporation is acquiring Greenland Exploration, which has an agreement to earn up to 70% of 80 Mile’s Jameson liquid hydrocarbon project in Greenland – two drill holes have to be completed. The deal values the 70% stake at $215m. That theoretically values the 30% 80 Mile would own at $92m. The share price jumped 63.6% to 0.54p.
Fulcrum Metals (LON: FMET) says the Teck-Hughes tailings project drilling has started and initial assays ae up to 1.2g/t gold. This is producing data for a mineral resource estimate. Phase 3 testing of the Extrakt technology will provide processing data. This will go towards the preliminary feasibility study. The share price recovered 43.8% to 5.75p. The July fundraising was at 3p/share.
Rockfire Resources (LON: ROCK) say resource upgrade drilling will commence on 15 September. Thirty drill holes are planned, and drilling will last until February. The share price is two-fifths higher at 0.28p.
FALLERS
Angle (LON: AGL) chief executive Andrew Newland and finance director Ian Griffiths have stepped down from the board following discussions with investors. There are no immediate replacements. This follows the latest interims from the cancer diagnostics company. Interim revenues fell by one-fifth to £800,000. Net loss increased from £7.7m to £9.3m. Net cash was £5.3m at the end of June 2025. Cash lasts until the first quarter of 2026. Cavendish has been appointed as nominated adviser and broker. A new management team may make it easier to raise cash from investors in the coming months. The current strategy could be changed. The share price dived 53.3% to 3.15p.
Active Energy Group (LON: AEG) raised £2.5m in an oversubscribed placing that had to be scaled back. The placing share price was 0.075p. Each share came with a warrant exercisable at 0.1p each. Executive chairman Pankaj Rajani bought 5.88 million shares at 0.085p each and chief executive Paul Eliott 5.53 million shares at 0.09p each. The share price dipped 37.5% to 0.0875p.
Interim figures from cross-border payments services provider Finseta (LON: FIN) were disappointing due customers delaying US dollar transactions due to foreign exchange volatility. Revenues were 16% higher at £5.9m and gross margins declined from 65.7% to 62.7%. Operating costs increased due to expansion plans. Full year revenues are expected to be 11% ahead. Shore has downgraded its forecasts and expects a loss of £400,000 in 2025. The share price declined 34.8% to 15p.
Shares in staffing company Empresaria (LON: EMR) have slumped 32.5% to 26p even though there was no additional news about the potential bid or the requisitioned general meeting. Legacy UK Holdings has made an indicative cash offer of 62p/share for Empresaria, and the share price indicates a lack of confidence that this will turn into a firm offer.