Valereum (LON: VLRM) has been admitted to the Apex segment of the Aquis Stock Exchange. The share price improved 9.3% to 11.75p.
Vinanz Ltd (LON: BTC) has added another 21 bitcoin miners to its site in Nebraska, taking the total to 56. The share price rose 2.73% to 14.125p.
FALLERS
Aquaculture technology developer OTAQ (LON: OTAQ) has sent out the circular seeking shareholder approval to leave Aquis. The general meeting will be held on 10 December. Delays in orders mean that 2024 Dowgate forecasts a drop in revenues from £4.4m to £3.1m (previously £4.2m) this year and a £1.8m loss, up from £1.2m in 2023. There should be net cash of £100,000 by the end of the year. Convertible loan note interest can be capitalised with up to 75% of proceeds from the sale of certain inventory will be used to pay back the holders. The share price fell a further one-third to 0.5p.
Invinity Energy Systems (LON: IES) has sent a circular to shareholders to gain approval to move the domicile from Jersey to the UK. The share price dipped 16.9% to 12.25p.
Global Connectivity (LON: GCON) has had its stake in Rural Broadband Solutions diluted to £9.5m. The valuation of the stake has been reduced from £13.6m to £11.7m, which is equivalent to 3.2p/share. There is an agreement in principle for an investment in a new business. The share price is 12.1% to 0.725p.
Tap Global Group (LON: TAP) has cancelled its long-term incentive plan and granted options to directors with most of the options vesting when there are increases in the share price. Peter Wall has been formally appointed as chairman. The share price slid 9.84% to 2.75p.
Marula Mining (LON: MARU) has appointed Morre Kingston Smith as auditor. Results from metallurgical testing work on ore from the Kinusi copper mine should be available in the first quarter of 2025. Further test shipments will happen before the end of the year. Sampling work of high-grade tungsten deposits at the Northern Cape lithium and tungsten project in South Africa is continuing. Tungsten concentrate could be produced next year. The share price declined 7.14% to 4.875p.
Oscilate (LON: MUSH) has identified areas to start hydrogen operations in Minnesota. Work is under budget. The share price slipped 5.56% to 0.85p.