Atlantic Lithium (LON: ALL) shares improved 37.3% to 11.2p ahead of its AGM on 27 November. The main rise was on Monday when there were 11.4 million shares traded. Management believes that the mining lease for the Ewoyaa lithium project in Ghana could be granted soon.
David Nugent, who owns 16% of Genedrive (LON: GDR), has agreed the terms of a loan of up to £1m. It can be drawn down in two equal tranches. It will be secured against the company’s assets. The share price recovered 22.4% to 0.9p.
Sabien Technology (LON: SNT) says Korea-based partner City Oil Field has commissioned its first regenerated green oil production plant. The partnership is being progressed to a strategic agreement. Sabien Technology will acquire a 1.12% stake in City Oil Field for £600,000 in shares, and the UK sales agreement has been extended for ten years and will be expanded to other countries. There will also be a deal to sell products from the new plant. City Oil Field will own 15.9% of Sabien Technology. The share price increased 17.9% to 8.25p.
X-ray screening systems supplier Image Scan (LON: IGE) has secured a double-digit unit contract with its Indian partner for the ThreatScan-LS1 following a competitive tender. The share price gained 15.6% to 1.85p.
FALLERS
Bigblu Broadband (LON: BBB) is in talks with the buyer of Skymesh about the post-acquisition performance of the business and whether there is going to be any deferred consideration. Bigblu Broadband may have to compensate the buyer for debtors that have not been collected. Bigblu Broadband plans to ask for shareholder permission to leave AIM at a general meeting on 8 December. It could leave on 18 December. Management will seek to realise value form the remaining assets. The share price dived 70.3% to 5.5p.
Empyrean Energy (LON: EME) says Conrad Asia Energy has signed an agreement with PT Nations Natuna Barat for farming into the Mako gas field in the Duyung production sharing contract and the new partner will pay 100% of project development costs for a 75% non-operated participating interest in the Duyung PSC. The deal could be completed by the third quarter of 2026. Empyrean Energy is in dispute with Conrad Asia Energy about its interest in the Duyung PSC. The share price slumped 69.2% to 0.0425p.
Industrial equipment distributor HC Slingsby (LON: SLNG) is asking for shareholder approval to leave AIM. The shares are illiquid and the cost of being on AIM adds to the company’s loss, which was £237,000 in the nine months to September 2025. Net debt was £340,000. There is already support from shareholders owning 73.2% of the shares. HC Slingsby transferred from the Main Market to AIM on 24 May 2005. It has been on the London Stock Exchange for many decades. The cancellation could be on 23 December. No matched bargain facility is planned. The share price dipped 52% to 60p.
Defence consultancy RC Fornax (LON: RCFX) raised £2.25m in a placing at 6p/share and raised £70,000 out of the £500,000 retail offer. The cash will fund development of the Procure X Marketplace to connect small companies with defence buyers and provide working capital. Directors and management are investing £156,800 in new shares. This includes Paul Reeves and Daniel Clark who raised £1m in the flotation back in February, when the company raised £5.2m at 32.5p/share. Cavendish has increased its 2025-26 forecast loss to £2m and expects a lower loss next year. The share price slid 39.5p to 5.9p.