Aquis weekly movers: Invinity Energy talking with strategic partners

Vanadium flow battery developer Invinity Energy Systems (LON: IES) has interest from several potential strategic investors. This has delayed the process. Linking with the right strategic partner is important to the growth of the business. The company increased 11.4% to 24.5p.

EPE Special Opportunities (LON: EO.P) has net assets of 324.07p/share. The share price is 3.33% higher at 155p.

- Advertisement -

Marula Mining (LON: MARU) has been awarded a mineral dealer’s trading licence in Kenya. This enables the buying, selling and export of manganese ores. A $1.8m exploration programme is planned at the Larisoro manganese mine. There have been £2m worth of shares issued at 3.75p each to pay for equipment and expenses. The share price rose 1.43% to 8.875p.


Investment company Gunsynd (LON: GUN) reported a slump in NAV from £3.28m to £1.74m in the year to January 2024. The focus is resource companies and the share prices have performed poorly. There was cash of £113,000 at the end of January but there have been share sales since then. The share price dipped 22.6% 0.12p. Director Donald Strang bought 2 million shares at 0.1196p each.

KR1 (LON: KR1) has invested $550,000 in Mode Labs, a modular layer 2 blockchain network operator. The share price fell 13% to 77p.

- Advertisement -

Phoenix Digital Assets (LON: PNIX) directors and other investors have exercised 71.25 million warrants at 1p each, raising £712,500. This dilutes the NAV and the share price declined 8.75% to 3.65p.

Supernova Digital Assets (LON: SOL) director Nicholas Lyth bought 3.5 million shares at 0.2p each. The share price slid 7.5% to 0.185p.

Diesel fuel additives supplier SulNOX Group (LON: SNOX) trebled quarterly revenues to £315,000 in the fourth quarter and it is 282% ahead of the same time last year. Full year revenues were £555,000. There are already committed sales of £105,000 in the current quarter. The share price fell 1.56% to 31.5p.

Latest News

Subscribe to the UK Investor Magazine email newsletter

Register for our free email newsletter and receive the latest investment news, podcasts, event information and offers.

More Articles Like This

Tagdiv Cloud library - template content.