SulNOx Group (LON: SNOX) has been granted a US patent for a range of formulations including the Berol 6446 Heavy Fuel Oils emulsifiers and SulNOxEco Fuel Conditioners for diesel and petrol. This will help to generate revenues in the US. The share price increased 10% to 11p.
Coinsilium Group Ltd (LON: COIN) has converted a £200,000 loan note into Greengage Global Holding Ltd shares and warrants. It has also invested £25,000, at a 9.9% share price increase on the initial investment in the digital merchant banking technology developer, in the latest £1m fundraising. This increases Coinsilium’ stake to 27,133 A shares and 8,370 warrants. The share price rose 4.55% to 1.15p.
SuperSeed Capital (LON: WWW) managing partner Mads Jensen bought 3,000 shares at 85p each. The share price improved 3.13% to 82.5p.
Cadence Minerals (LON: KDNC) investee company Hastings Technology Metals has signed non-binding heads of agreement with Neo Performance Materials Inc relating to a potential offtake agreement for rare earth concentrate from stage one of the Yangibana rare earths project. This could cover up to 25,000 tonnes per annum. The share price edged up 2.25% to 8.65p.
Mark Horrocks has increased his stake in Lift Global Ventures (LON: LFT) from 12.3% to 13.3%. Investee company Trans-Africa Energy has entered a joint development agreement with Ghana Natural Gas, which gives the company majority stakes in four projects processing and transporting natural gas. The share price fell 15.8% to 0.8p.
Newbury Racecourse (LON: NYR) is investing 40% of its media income into prize money this year. A new betting office retail rights agreement started on 1 April. An annual dividend is planned this year. The share price dipped 2.58% to 755p.
Energy storage technology company Invinity Energy Systems (LON: IES) has reassured the market that its 2022 accounts will be published by the end of June and there is likely to be a reduction in provisions for contract losses. That means the overall loss will be lower. Revenues will be around £3.6m. There was cash of £15.4m at the end of May. The share price fell 1.19% to 41.5p.