Uranium explorer Reveille Resources (LON: REV) has confirmed the appointment of former US Secretary of State Mike Pompeo as non-executive chairman. He has received seven million options exercisable at 7.25p each and they last for his full three-year term on the board. The share price continues to rise and is a further 57.7% higher at 15.375p.
Ajax Resources (LON: AJAX) intends to raise a minimum of €2.5m as part of the flotation on Euronext Growth Oslo. The minimum share price would be around 8p. Additional information has been submitted for the Environmental Impact Assessment for the Macacha copper and silver project in Salta Province, Argentina. Authorisation could be achieved before the end of the month. Chief executive Ippolito Ingo Cattaneo bought 450,000 shares at 8p each. Orca Capital has a 10% stake. The share price gained 21.6% to 7.75p.
Fuel additives supplier Sulnox Group (LON: SNOX) generated second quarter revenues of £984,000, which is a record quarter. Further growth will come from recent contract wins. Full year revenues of £7.22m are forecast, up from £2.62m in the previous year. Sulnox will remain loss-making but get nearer to profitability next year. The share price improved 1.52% to 33.5p.
FALLERS
Mollyroe has changed its name to Cascade AI (LON: CASC). The company has partnered with BytePlus and Seedance to launch the global Greenlight Film Competition, which invites filmmakers and creators to pitch a teaser for a story, using Cascade’s filmmaking platform to develop their ideas. Four winners will share $100,000 in prizes. Octopus Investments has a 3.81% stake. The share price slumped 48% to 3.25p.
WeCap (LON: WCAP) shares slipped 30% to 0.175p as the WeShop investee company share price declined 36.2% to $3.08 during the week.
Valereum (LON: VLRM) says there is an extension to the deadline for registration of the first ranking security interest over mining interests in Australia. Management is trying to find out why the security has not been registered. The new deadline is 22 October. The share price declined 29.7% to 1.925p.
Time to ACT (LON: TTA) says Hugh-Peter Kelly, the original inventor of the GreenSpur advanced electrical machines technology, has sold 625,000 shares, halving his stake to 2.8%. The share price fell 7.69% to 30p.
Three directors of Delta Gold Technologies (LON: DGQ) bought shares. Mark Burnett acquired 4,000 shares at 118p each, Patrick Severide bought an initial 4,236 shares at 117.9p each and Adam Monaco acquired an initial 2,500 shares at 117p each. The share price dipped 4.26% to 112.5p.