Stack BTC (LON: STAK) raised £260,000 at 5p/share early in the week. The cash for acquisitions and investing in Bitcoin. The company subsequently bought 5 Bitcoin at £51,850 each and 5 Bitcoin at £52,758 each. The share price jumped 102% to 12.375p.
Fidelio Partners has a 20.2% stake in Supernova Digital Assets (LON: SOL). The share price increased 27.8% to 0.0575p.
B HODL (LON: HODL) announced a capital deployment programme. It is redeploying £350,000 in cash to invest in Bitcoin or buy back shares, which still leaves 24 months of working capital. B HODL will participate in the rewards account set up by CoinCorner, which owns 14.3% in B HODL, that will provide a return on part of the Bitcoin holding that is not in the Lightning network. The share price gained 19.2% to 7.75p.
Mendell Helium (LON: MDH) says M3 Helium, which it has an option to acquire that has been extended to 30 April, will commence drilling of wells on Rost and Enwell leases. The drill rig should arrive in the week beginning 16 March. The share price rose 13.35 to 4.25p.
Falconedge (LON: EDGE) says that the February Bitcoin yield was 0.912%. The total Bitcoin holding is 20.059694. The share price improved 2.04% to 1p.
Wishbone Gold (LON: WSBN) won a contested ballot for 67km2 of mineral title on crown land, 25km north-west of Telfer, which was applied for by multiple parties. The share price edged up 1.53% to 66.5p.
FALLERS
Vault Ventures (LON: VULT) is developing a post-quantum secure communications platform with Whitespace Global. The contract with Whitespace Global is worth £1.6m. Vault Ventures will have controlled ownership of the cryptographic architecture. The share price declined 29.7% to 1.3p.
The WeShop share price has fallen to $16.40, which is a drop of more than 90% since the high just after flotation. The value of the WeCap (LON: WCAP) shareholding is just over $20m. The WeCap share price fell 12.9% to 0.675p.
Coinsilium (LON: COIN) says that the Yellow network token and trading platform has been launched. The share price slid 12.3% to 2.85p.
Ajax Resources (LON: AJAX) has signed an agreement to acquire the Pereira Velho gold project. The payment is $200,000 cash plus $1.9m in shares, plus a 1.5% net smelter return, depending on the level of the gold price, which can be bought back for $1.5m. Ajax Resources issued 927,000 shares for the option agreement for the purchase of 100% to the Macacha project. Ajax Resources chief executive bought 264,146 shares at 8p each, taking his stake to 16.3%. The share price dipped 11.8% to 7.5p.
AIM-quoted Gana Media (LON: GANA) is providing a loan of up to £100,000 to NYCE International (LON: NYCE). The loan lasts with 12% and the interest rate is 7%. There are “discussions to integrate ‘NirmataPlay’ games aggregator into Estadio Gana Mexico”. NYCE chief executive Farzad Peyman-Fard is a non-executive director of Gana Media. The NYCE share price slipped 10.5% to 8.5p.