Valereum (LON: VLRM) shares continued to rise after last week’s announcement that it intends to launch a global open marketplace platform for Non-Fungible tokens (NFTs) and the commercial review of the business plans for the Gibraltar Stock Exchange. The share price rose 18.8% to 28.5p (27p/30p). There is regular trading in the shares.
Mark Horrocks has increased his stake in Quetzal Capital (LON: QTZ) from below 3% to 5.3%. The share price jumped 15.5% to 3.35p (3.2p/3.5p).
Energy storage technology developer Invinity Energy Services (LON: IES) share rose 14% to 53p (51p/55p) ahead of the publishing of 2021 results on 27 June.
Shares in brewer Daniel Thwaites (LON: THW) rose following the previous week’s full year results to March 2022. Revenues recovered from £32.2m to £96m and it also returned to profit. A loss of £12.4m was turned into a pre-tax profit of £12.7m. The pension deficit has become a pension asset worth £10.1m and a final dividend of 2.2p a share is recommended. The shares rose 9% to 106p (104p/108p).
Shares in clean energy supplier Good Energy (LON: GOOD) rose 3.81% to 272.5p (265p/280p) in the week of its AGM. There was a pre-AGM investor presentation. Resolutions 8-12 were not passed, which were mainly enabling the company to issue new shares or buy back existing shares. Resolution 12 would have amended the articles of association to permit hybrid meetings.
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Fallers
Shares in Yooma Wellness Inc (LON: YOOM) slumped by one-quarter to 4.5p (4p/5p), making it the worst Aquis performer last week. There was one deal during the week with 47,777 shares traded at 3p each, although there were no new announcements.
Pluto Digital has repaid the loan, plus interest, of £5.18m owed to NFT Investments (LON: NFT). Weak cryptocurrencies are hitting the shares. The price fell 19.6% to 1.025p (1p/1.05p).
Wishbone Gold (LON: WSBN) says that drilling at the Halo project in north Queensland has discovered copper mineralisation in the majority of holes drilled. The 21 hole is apparently the most promising. There was a 16.7% fall in the share price to 10p (9.5p/10.5p).
All Star Minerals (LON: ASMO) is raising £200,000 at 0.02p a share and every two shares come with a warrant to subscribe for a share at 0.04p. The share price slipped 10.9% to 0.0245p (0.025p/0.026p). The cash will be used to finance investment in the company’s exploration projects. A further share issue at 0.02p pays the £102,000 owed to GMI, where the All Star Minerals chief executive is a substantial shareholder. Management says that it is planning a much bigger cash raise. OvalX has been appointed as broker.
Cadence Minerals (LON: KDNC) reported an outflow of cash from operating activities of £751,000 in 2021, down from £1.36m the previous year. The company, which is also quoted on AIM, has agreed to sell its 30% working interest in the Yangibana project tenements for £5.1m in shares of the ASX-listed operator Hastings Technology Metals. The share price fell 4.23% to 10.75p (10.5p/11p). Blockchain and cryptocurrency investor Coinsilium Group Ltd (LON: COIN) increased 2021 revenues by 130% to £530,000. Net fair value loss on financial assets was £407,000, compared with a gain of £566,000, but realised gains increased from £199,000 to £1.52m. Overall pre-tax profit fell from £310,000 to £14,000. There is £1.51m in the bank at the end of 2021, while NAV is £5.84m. Coinsilium has entered a simple agreement for future tokens (SAFT) with potential Latin America- focused blockchain gaming hub GGs.io for $100,000 of its future tokens and is a strategic adviser. There was a 1.42% fall in the share price to 2.77p (2.74p/2.8p).
