Aquis weekly movers: Ormonde Mining investee company secures deal

Ormonde Mining (LON: ORM) investee company TRU Precious Metals has signed an option agreement with Eldorado Gold so that it can earn 80% of the Golden Rose project in Newfoundland. The 36.2%-owned TRU Precious Metals has persuaded Eldorado Gold to invest in the early-stage project.

Valerium (LON: VLRM) will collaborate with Tokeny as a technology provider for Valerium’s Real World Asset (RWA) marketplace. The technology will enable the primary issuance and bulletin board-based secondary trading of various digital assets.

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FALLERS

Quantum Exponential Group (LON: QBIT) shares halved to 0.25p ahead of the adjourned general meeting. There has been no news concerning any new investor. The share price halved to 0.25p.

St Mark Homes (LON: SMAP) has gained shareholder approval for the departure from Aquis and this will happen on 2 September. The share price further slumped 46.7% to 8p.

ProBiotix Health (LON: PBX) has appointed Cellan Davies as head of marketing. The share price fell 23.1% to 2.5p, which is a new low.

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KR1 (LON: KR1) had net assets of 82.01p/share at the end of June 2024. Income earned during the month was £877,000. One-quarter of the value of the portfolio is in Celestia tokens. The share price slipped 13.1% to 56.5p.

Hydrogen Future Industries (LON: HFI) has secured a technology and territory licensing agreement worth up to €2.25m. The wind-based hydrogen production technology company has signed the deal with a new company in the Republic of Ireland. The share price declined 5.56% to 2.125p.

Emission reduction fuel additives developer SulNOx Group (LON: SNOX) says first quarter revenues were 134% ahead at £192,000. There were record product sales in the quarter. There was £1.6m in the bank at the end of June 2024. The share price edged down 1.69% to 29p.

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