Valereum (LON: VLRM) has entered into an agreement to raise $200m of royalty and streaming capital from new special purpose segregated portfolio company, Valereum QGP-SP, which is being formed to list on a US National Exchange. There will be a one year option over a stake of 49.9% in Valereum in return for the royalty and streaming income. This will help to accelerate development of the crypto and blockchain platforms and finance acquisitions. The share price jumped 146% to 14.75p.
Digital asset company Vaultz Capital (LON: V3TC) holds 135 Bitcoin. Two resolutions related to a share capital reorganisation and a reduction in nominal value were withdrawn from the AGM following shareholder feedback. The share price bounced back 53.3% to 2.875p.
Ajax Resources (LON: AJAX) had cash of £1.37m at the end of August 2025. It is in the process of acquiring the Paguanta silver lead zinc project in Chile. Drilling should commence soon at the Eureka project. The cash will finance this and a JORC compliant mineral resource estimate. The share price gained 34.9% to 7.25p.
AI software company IntelliAM AI (LON: INT) has won contracts in the building products sector. They cover 15 sites and should generate £250,000 in this financial year. Annual recurring revenues were £1.18m at the end of September 2025, Cash was £786,000 and a further £250,000 has subsequently been raised at110p/share. A WRAP retail offer could raise up to £150,000 more. This will fund the delivery of the co-development partnership with a global engineering manufacturer. The share price is 18.2% higher at 130p.
WeShop (NASDAQ: WSHP) shares ended the week at $145.21. WeCap (LON: WCAP) has an interest valued at around 28p/share. The share price increased 8.33% to 2.6p. Hot Rocks Investments (LON: HRIP) owns a stake worth $21.8m and the share price rose 3.7% to 1.4p, which values the investment company at £3.4m.
Mendell Helium (LON: MDH) has extended the broker option of up to 10 million shares until 3 December. A further £12,000 has been raised via subscription at 3p/share. The share price improved 4.35% to 3p.
Chairman Richard Oldfield bought 25,000 Shepherd Neame (LON: SHEP) shares at 467.6p each. The share price edged up 0.4% to 466p.
FALLERS
Cannabis medicines developer Ananda Developments (LON: ANA) is calling a general meeting on 12 December to gain shareholder approval to leave Aquis. This will save money and may make it easier to raise cash. Initial data from a phase 1 human study for MRX1 has shown a positive safety profile. The final study should be complete in the second quarter of 2026. The share price slumped 51.1% to 0.11p.
Trading in Amazing AI (LON: AAI) shares was suspended following the resignation of Guild Financial Advisory as corporate adviser. The company has hired Rosenblatt Law to pursue a legal action against Tom Winnifrith and Share Prophets Ltd. Chief executive Paul Mathieson is also pursuing legal action, although his social media comments will not help him. The share price had fallen 21.4% to 0.275p by the time of suspension on Wednesday.
Wishbone Gold (LON: WSBN) is consolidating 100 shares into one new share and trading will commence on 1 December. The pre-consolidation share price was 19.4% lower at 0.725p.
Café chain Cooks Coffee Company (LON: COOK) increased interim revenues by 111% to NZ$5.77m, helped by managed stores in Ireland via the partnership with Dairygold. Pre-tax profit fell from NZ$530,000 to NZ$68,000. Overall store sales were 26.9% ahead at NZ$45.5m. There are currently 100 stores, most of which are franchised, with a target of 300 by 2034. Net debt is NZ$1.73m. Since the half year end total sales have risen 21.8%. The share price dipped 5.56% from its 2025 high to 8.5p.
Sulnox Group (LON: SNOX) has secured a major distribution agreement for its reduced emissions additives in the marine sector through Drew Marine USA, which operates in 1,200 ports around the world. The share price slipped 4.17% to 57.5p.