Aquis weekly movers: Invinity Energy Systems partner reserves capacity

Sameer Prasad has increased his stake in Investment Evolution Credit (LON: IEC) from 6.99% to 7.37%. The share price recovered 12.5% to 4.5p.

Wishbone Gold (LON: WSBN) has completed the reorganisation of the Western Australia subsidiary. Liabilities have been paid, and this is a step to taking full control of the Red Setter and Cottesloe projects. Geologist Edward Mead has been appointed a director, and he has experience in the Pilbara region of Western Australia. The share price rose 8% to 0.135p.

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Invinity Energy Systems (LON: IES) says its partner Frontier Power has signed a Long Duration Energy Storage (LDES) joint development agreement with Ethos Green Energy, who will provide land for projects. This could support up to 20 GWh of storage projects and Frontier Power has reserved up to 2GWh of Invinity Energy Systems manufacturing capacity to support bids. The share price increased 6.52% to 12.25p.

Prize draws operator Good Life Plus (LON: GDLF) has raised £860,000 through shares issued at 2.15p/share, which is a premium to the market price, to Winforton Investments, which is associated with Sportingbet founder Mark Blandford. Another of his investment companies is converting £1m of convertible loan notes at the subscription price. The cash will finance attracting additional customers and media partnerships. Management wants to improve retention and average spending per user through the premium subscription product. The share price improved 2.63% to 1.95p.

FALLERS

Campus Investments, which is controlled by David Rowland, is subscribing £1m in VVV Resources (LON: VVV) at 1p/share assuming an agreement with his company R8 Capital Investments over money it is owed. Jonathan Rowland and Richard Morecroft will join the board, and the company will change its name to VVV Sports to reflect the move into sports services. The share price slumped 52.4% to 5p.

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Shares in Ananda Pharma (LON: ANA) have started trading on the OTCQB market in the US. There was some significant trading after 2.30pm during the week, which was after the opening in the US. Ananda Pharma is on the Small Cap awards 2025 shortlist for Aquis company of the year. The share price dipped 5.56% to 0.425p.

Fibre optic cables materials manufacturer Unigel Group (LON: UNX) has declared an interim dividend of 2p/share. The ex-dividend date is 24 April. The share price fell 4.44% to 107.5p.

SulNOx Group (LON: SNOX) has been granted patents for its fuel emissions reduction additives in eight African countries. The share price slipped 2.7% to 90p. SulNOx Group is also on the Small Cap awards 2025 shortlist for Aquis company of the year. (The others are EDX Medical (LON: EDX), Oberon Investments (LON: OBE) and Valereum (LON: VLRM).  

Jonathan Swaine is stepping down as managing director, pubs at Shepherd Neame (LON: SHEP). He will not be directly replaced. The share price declined 1% to 495p.

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