The Smarter Web Company (LON: SWC) shares continue to reach new highs and trading has begun on the US OTCQB trading platform. The share price jumped 125% to 182.5p. The Bitcoin holding has increased to 242.34 and the average purchase price is $107,002 each. That is an investment of $19.1m and a bookbuild is underway to raise at least £15m at 180p/share to buy more Bitcoin.
Coinsilium (LON: COIN) subsidiary Forza Gibraltar has bought a further 5.o416 Bitcoin at an average price of £81,323.39 each. This takes the Bitcoin holding to 18.6815 Bitcoin. The share price soared 74.5% to 11.95p.
Shares in S-Ventures (LON: SVEN) recovered 51.1% to 0.34p following the return from suspension the previous Friday following the sale of the trading businesses to AIM-quoted Tooru (LON: TOO) in return for 466.7 million shares, which are currently trading at 0.26p each. The stake is worth more than double the current market capitalisation of S-Ventures.
Hot Rocks Investments (LON: HRIP) has bought 60,000 warrants in The Smarter Web Company that are exercisable at 2.5p each. It also acquired a stake in Namibia-focused Supernova Metals, which is an oil explorer that is changing its name to Oregen Energy. Hot Rocks Investments shares rose 50.8% to 0.49p. The investment company also invested in the Wishbone Gold (LON: WSBN) £1.75m fundraising at 0.13p/share, including £300,000 invested by directors. The share price increased 19.4% to 0.185p.
Healthcare IT developer DXS International (LON: DXSP) says its digital medicine technology ExpertCare has been selected for the Grow Digital Health Midlands programme. This provides access to experts to aid development and the opportunity to present to decision makers. The share price improved 11.1% to 2.5p.
Digital finance platform operator Tap Global Group (LON: TAP) has announced plans to move to AIM on 27 June and no new money will be raised. Spark will be the nominated adviser and Tennyson Securities the broker. The company expects to report a positive EBITDA this year. The share price rose 9.09% to 1.8p.
RentGuarantor Holdings (LON: RGG) raised £1.02m via a subscription at 25p/share. The cash will finance growth and fund costs of moving to AIM. The share price is 8.91% higher at 27.5p.
FALLERS
Shortwave Life Sciences (LON: PSY) raised £40,000 at 0.125p/share. Each new share comes with a warrant exercisable at 0.15p each. This will help to pay off debt. The share price slumped 58.3% to 0.125p.
Amirose London Holdings (LON: ALH) raised £100,000 at 0.5p/share and issued a further 288,000 shares to pay the bill from Novum Securities. The cash will help to accelerate growth. The share price dipped 15.4% to 2.75p.
Steve Xerri has increased his stake in Oscillate (LON: MUSH) from 5.58% to 6.4%. The share price declined 6.67% to 0.35p.
Nick Cowan is stepping down as chief executive of Valereum (LON: VLRM). This follows the falling through of the £19m investment by DMC Markets. His 10 million warrants have been cancelled. Gary Cottle will become an executive director. Matthew Ripperger and Grant Gischen are joining the board as non-executives. The share price fell 4.71% to 4.05p.
Stuart Adam is stepping down from the board of NYCE International (LON: NYCE). The share price slipped 3.85% to 0.125p.