Shares in Unigel (LON: UNX) recovered by two-thirds to 100p even though shareholders voted to leave Aquis. Chan E Lin has taken a 6.74% stake. The cancellation will be on 22 June.
Incanthera (LON: INC) is acquiring skincare brand Enielle for up to 54 million shares at 2p each depending on performance and its owner and boss Stuart Robertson will become Incanthera chief executive, taking over from Dr Simon Ward who will remain on the board. Tim McCarthy is stepping down as executive chairman. Enielle focuses on day time treatment of wrinkles and skin texture and it will fit with Skin + CELL, which is focused on evening use. There will be a multi-channel sales strategy and pricing is being reviewed. The share price rebounded 49% to 1.9p.
Quantum computing technology developer Delta Gold Technologies (LON: DGQ) partner Penn State University has filed three patent applications, and these will be added to the Delta IP portfolio. The patents relate to using gold and other materials for their quantum mechanical properties for sensing, computing and information processing. Warrant exercises have raised £209,000. Directors have been buying shares. The share price gained 45.9% to 197p.
Heart health ingredients developer ProBiotix Health (LON: PBX) has secured a partnership with Slovakia-based iProbio for the supply of its probiotic strain LPLDL® for a new cardiometabolic health food supplement branded as CARDIObiom+®. Heat disease deaths in Slovakia are around 50% higher than the EU average. The share price increased 24.1% to 9p.
Vaultz Capital (LON: V3TC) is raising £1m from resources investor Regent Resources Capital Corporation at 2.2p/share. Creditors owed £320,000 will be paid. Vaultz Capital is assessing deals “aligned with the energy transition and digital economy, including strategic minerals, AI and digital infrastructure”. Eric Benz has had his employment terminated and he is no longer a director. Ian Burns is joining the board. Executive chairman Charlie Wood bought two million shares at 2.44p each. The share price improved 15.6% to 2.6p, compared with an estimated NAV of 3.1p.
Quorium Global Photonics SPC has reduced its stake in Valereum (LON: VLRM) from 49.9% to 44.8%. The share price rose 13.7% to 2.33p.
Sulnox Group (LON: SNOX) announced a distribution agreement with DLBC, which supplies lubricants to agricultural and transport clients in France. This broadens the use of Sulnox emissions reduction additives. The share price edged up 9.09% to 60p.
FALLERS
Vault Ventures (LON: VULT) has identified that trading by its Dubai subsidiary in crypto assets has led to large losses and the loan pf £2.15m advanced to the subsidiary will be written down. There are still potential recoveries from the business. The share price slumped 60.5% to 0.425p.
WeCap (LON: WCAP) has raised £37.250 at 0.35p/share for working capital for the next six months. The share price dipped 7.14% to 0.325p.