The Pitch Pit (LON: PICH) share price recovered 532% to 0.06p as it refocuses on AI ventures. The company plans to raise up to £500,000.
Digital assets investor KR1 (LON: KR1) reported interim revenues from those digital assets improving from £3.91m to £8.72m, although lower gains on disposals of assets meant that the pre-tax profit edged up from £10m to £10.3m. There was £1.5m in cash in the balance sheet at the end of June 2024. NAV was 82.01p/share at the end of June 2024 and this has fallen back to 71.92p/share at the end of July 2024. The share price jumped 19.8% to 51.5p, which is still well below asset value.
Constantine Logothetis has acquired more shares in SulNOx Group (LON: SNOX) taking his total to 25.1%. The share price improved 4.11% to 38p.
FALLERS
Adsure Services (LON: ADS) has declared a final dividend of 0.99p/share. The ex-dividend date is 17 October. Even so, share buying at prices lower than the market price last week led to the share price halving to 15p.
Wishbone Gold (LON: WSBN) has raised £360,000 at 0.375p. This will provide working capital. New 3D modelling at the Red Setter prospect owned by Wishbone Goldshows a high quality target, plus the structure of a dome target. The assessment of the Western Australia shows gold, some near the surface, and copper resource. The share price dipped 46.7% to 0.4p.
Probiotix Health (LON: PBX) has secured an agreement with Greek consumer business Eifron, which will introduce YourBiotix tablets in early 2025 under its own brand. There will also be other products using Probiotix Health’s core ingredient launched. The share price fell 10.5% to 4.25p
Oscillate (LON: MUSH) has signed an agreement to acquire Quantum Hydrogen for £1.4m in shares. The Minnesota exploration acreage has potential for hydrogen gas. There was £500,000 raised at 1p/share. The share price slid 3.85% to 1.25p. Investee company Shortwave Life Sciences (LON: PSY) announced positive safety results for its proprietary psilocybin-based drug combination.
Marula Mining (LON: MARU) reported a higher loss in 2023. There was a £913,000 cash outflow from operating activities. There was also a £1.67m outflow from investing activities. The first manganese export sales have been completed from the Larisoro manganese mine. The share price declined 3.39% to 7.125p.
William Black and Armstrong Investments has increased its stake in EPE Special Opportunities (LON: EO.P) from 5.1% to 6.02%. The share price slipped 3.13% to 155p.