Nativo Resources (LON: NTVO) has signed a binding letter of intent with Chancery Royalty for a funding package that will enable construction and the commencement of production at the La Patona gold processing plant in Acari, Peru. There is project finance of $3.5m drawn at $500,000 each month and a share subscription of £600,000 at 0.21p/share invested in two tranches. Chancery Royalty will receive a 6% gross revenue share on La Patona gold up to 3,034 troy ounces, and 1.5% after that. It will also have 142.9 million warrants exercisable at 0.32p/share. Zeus estimates dilution of 17% following this deal. The share price jumped 89.7% to 0.37p.
Orosur Mining Inc (LON: OMI) says partial results from the first hole at El Cedro show gold mineralisation from the surface and the target vein system was intersected at 100 metres. This is part of the Anza project in Colombia. The share price increased 76.8% to 24.75p.
Digital advertising services provider Dianomi (LON: DNM) is recommending a bid from performance advertising service provider Taboola Europe. The offer is 64p/share in cash and a contingent consideration unit that could be worth up to 24p/share. The initial cash consideration is worth £19m. The two companies have complementary media relationships. The contingent consideration is based on existing Dianomi publisher clients signing up for new agreements. The share price rebounded 74.3% to 64.5p. The May 2021 placing price was 273p.
Cyber security software provider Acuity RM (LON: ACRM) has secured an order for additional services from an existing nuclear customer. The value of the order is modest, but it shows how additional revenues can be generated from customers. The share price improved 38.6% to 1.49p.
FALLERS
Asiamet Resources (LON: ARS) shares have gone ex-dividend for the 2.68 cents/share special dividend. The share price declined 83.9% to 0.34p.
Retailer Mothercare (LON: MTC) says trading in the Middle East has got tougher. Alshaya is the franchise partner in the region and contributed 28% of revenues last year. Alshaya is considering closing a majority of its 62 stores. Mothercare will cut costs and is reviewing its model. The share price dived 76.5% to 0.2p.
Cirata (LON: CRTA) interim revenues fell from $4.8m to $1m, while overheads were lower at $6.3m. The data analysis technology supplier edged up annualised contract value to $5.3m, and the pipeline is growing thanks to changes in sales organisation. Cash was $2.6m at the end of June 2026, down from $6.1m one year earlier. George Loewenbaum increased his stake from 10.2% to 11.2%. The share price dipped 40.1% to 7.7p.
Empyrean Energy (LON: EME) shares have returned from suspension following a £1m fundraising at 0.05p/share. This follows completion of the farm-down of a 75% non-operated participating interest in the Duyung PSC to PT Nations Natuna Barat (NNB). The cash will fund the company’s share of the costs for the drilling of the GOLD-1 exploration well in the fourth quarter. Empyrean Energy will contribute £477,000, which one-fifth of the expected cost. This will earn it a 10% interest in the GOLD Cluster in upper Austria. The share price slid 35.2% to 0.047p.