Technology developer Vault Ventures (LON: VULT) is finalising a strategic partnership with an organisation involved in quantum, post-quantum and security-critical software systems. This will support development of revenue generating quantum products for regulated organisations. Priority areas have been identified, and the partnership should accelerate development. There should be no requirement for a share issue to fund the partnership. The share price improved 15% to 1.15p.
The WeShop share price fell back to $111.85, although volumes remain low. Even so, shares in both Aquis-quoted investors gained during the week. WeCap (LON: WCAP) shares rose 8.11% to 2p and Hot Rocks Investments (LON: HRIP) shares increased 3.08% to 1.675p.
Ajax Resources (LON: AJAX) has signed a conditional option to acquire the Rachaite silver, lead, zinc and copper/gold prospect in Argentina. The prospect was previously owned by former AIM company Alexander Mining and its drilling confirmed mineralisation. The potential purchase price is $20,000 in shares or the option and $380,000 in cash when exercised. Ajax Resources also has to invest $200,000 in exploration over three years. A 1% net smelter royalty will be retained by the seller, and this can be purchased for $250,000 minus royalty payments made. The share price increased 7.14% to 5.625p.
Mendell Helium (LON: MDH) says costs were swelled by preparations for a move to AIM when the option to acquire M3 Helium is exercised. There was a cash outflow from operations of £1.1m in the six months to September 2025. The share price increased 7.14% to 3.75p.
EDX Medical (LON: EDX) chief executive Dr Michael Hudson bought 28,526 shares at 10.57p each. The share price gained 4.88% to 10.75p.
FALLERS
SulNOx Group (LON: SNOX) says 1.45 million warrants were exercised by existing shareholders at 29p each, raising £420,000. Constantine Logothetis now holds 27.75% and Nistadgruppen AS has 13.85%. The share price fell 8.33% to 82.5p.
The Smarter Web Company (LON: SWC) has agreed a new subscription agreement for a further 50 million shares and the existing 13.24 million shares not subscribed for from the previous agreement. Up to 25% of the trading volume in one week can be issued. The share price dipped 5.59% to 33.75p.