Oriole Resources (LON: ORR) says the number of gold bearing intersections at the Mbe gold project in Cameroon to 285, equivalent to one intersection for every 21 metres. A mineral resource estimate is expected before the end of the year. The share price jumped 135% to 0.47p, having been as high as 0.62p.
Synthetic binders developer Aptamer Group (LON: APTA) has launched a biomarker discovery service. Biomarkers are molecular indicators of physiological states, including disease presence and enable targeted drug development. The service will use the company’s own Optimer technology in combination with proteomic analysis and it can generate the binding molecules. This is a fee for service model. The share price increased 65.5% to 1.2p, which is the highest level since early 2024.
Fiinu (LON: BANK) has been readmitted to AIM following the acquisition of Poland-based foreign exchange brokerage Everfex. The initial payment of £8m was satisfied by the issue of 80 million shares at 10p each and the rest will depend on performance and be payable via up to 20 million shares at 20p each. Everfex made a pre-tax profit of more than £600,000 for the four months to April 2025. The share price rose 49% to 19p.
Empire Metals (LON: EEE) has made a breakthrough in process development at the Pitfield project in Western Australia. Recoveries are 77% at the rougher stage and 90% at the cleaning stage. Leach results achieved 98% titanium dissolution. Overall titanium recovery is 67% and this is expected to improve. This is a high purity product. The share price improved 38.2% to 52.5p.
FALLERS
Fire safety products supplier LifeSafe Holdings (LON: LIFS) is asking for shareholder approval to leave AIM. It has raised £700,000 at 3p/share and a retail offer, which closes on 5 September, can raise up to £500,000. Disappointing sales mean that LifeSafe requires more working capital. Overoptimistic expectations from the company have led to the share price slumping from the 75p placing share price in July 2022. It costs £300,000 each year to be quoted and management says that it has prospective investors that can only invest in private companies and are willing to invest at higher valuations than the current valuation. Executive chairman Dominic Berger acquired 1.37 million shares at 1p each, taking his stake to 5.85%. The share price slumped 46.2% to 1.75p.
Advanced engineering materials developer Versarien (LON: VRS) says that the sale of its remaining subsidiaries is near completion. The Chinese strategic investor has withdrawn from the investment process because of the UK national security review process only approving a restricted joint venture. The share price dived 40.7% to 0.008p.
Sorted Group (LON: SORT) finance director Mahmoud Wariah is leaving the company, but he is working his six months’ notice. The software supplier plans a share capital reorganisation to reduce the nominal value of the shares from 62.5p to 0.01p. The will enable placings of shares to raise cash. The share price fell 31.3% to 27.5p.
AI-based services provider to smaller businesses Pri0r1ty Intelligence Group (LON: PR1) has joined the OTCQB Venture Market in the US. This is designed to attract US investor interest. It works best when companies have business in the US. The share price slipped 29.4% to 3.6p.