ProBiotix Health (LON: PBX) has secured a commercial agreement for InstaMelt with DanCare Health. InstaMelt is a food supplement dosage format that offers innovative features for health brands. DanCare will launch the supplement in China in the fourth quarter under its own brand. The share price jumped by three-fifths to 4p.
Fenikso (LON: FNK) has invested up to $250,000 in a six-month secured convertible loan note issued by AIM-quoted Coro Energy (LON: CORO). This loan provides an annualised coupon of 40%. The loan is secured on the shares of Coro Asia Renewables, which owns renewable assets in the Philippines. Fenikso has more than $5m in cash left in the bank. The share price rose 18.7% to 1.425p.
Phoenix Digital Assets (LON: PNIX) is buying back up to 140 million shares and it can spend up to £7.5m. The programme lasts until 23 July. So far, nearly £10,000 has been spent on 500,000 shares. The share price improved 15.5% to 4.1p.
Ormonde Mining (LON: ORM) has appointed Steve Nicol as a non-executive director. He has been working with the company for many years. The share price edged up 10% to 0.275p.
FALLERS
St Mark Homes (LON: SMAP) shares continue to decline ahead of the departure from Aquis on 2 September. The price fell by one-quarter to 6p.
Valereum (LON: VLRM) is using Fireblocks’ technology as part of its infrastructure. It will enable secure sending and storing of digital assets. The Fireblocks advanced wallet security technology will be integrated in the platform. A subsidiary has been set up in El Salvador. The share price fell 13.7% to 3.15p.
Coinsilium Group (LON: COIN) chief executive Eddy Travia bought 300,000 shares at 1.6p each and executive chairman Malcolm Palle has acquired 300,000 shares at 1.62p each. The share price declined 2.86% to 1.7p.