Aquis weekly movers: Western Selection stake

William Black has taken a 6.11% stake in Western Selection (LON: WESP). That pushed up the share price by 28.6% to 45p.

Quantum technology investment company Quantum Exponential Group (LON: QBIT) appointed Stuart Woods as chief operating and strategy officer. He is also involved in sector intelligence publisher The Quantum Insider. He was previously involved in quantum computing as Oxford Instruments.

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Valereum (LON: VLRM) has formed a new subsidiary called Valereum Collections as part of the company’s digital collectible strategy. The share price recovered 7.41% to 7.25p.

Cadence Minerals (LON: KDNC) says the Hastings Technology Metals share price has fallen thereby reducing the value of the stake received when Cadence Minerals swapped its 30% stake in mineral concessions in the Yangibana rare earths project. Even so, Hastings is making progress in developing the mine and ore reserves increased by one-quarter to 20.93Mt at 0.9% total rare earth oxide grade. That increases the mine life to 17 years and production could start in 2024. Shipping of iron ore concentrate from the Amapa iron ore project should recommence in the next six months. The share price is 4.67% ahead at 14p.



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The Semper Fortis Esports (LON: SEMP) share price has slumped by 52.8% to 01.25p. That was down to trading last Monday, where trading share prices fell from 0.25p to 0.1p over the day.  

TruSpine Technologies (LON: TSP) has still not received the promised bridge loan facility or a share subscription. A £200,000 loan has been received from a third party. This will provide working capital. The share price slumped 41.7% to 1.05p.

Selling early in the week knocked the British Honey Company (LON: BHC) share price and it fell by two-fifths to 11.25p.

Trading in Pioneer Media Holdings Inc (LON: PNER) will end on the Aquis Stock Exchange on 9 March, and the share price fell 35% to 6.5p.

Shares in emissions reducing fuel additives supplier SulNOx Group (SNOX) dived by 27.8% to 6.5p because RemNOx Ltd has not taken up the option to acquire a total of 24.08 million shares at 30p each from directors between 6 February and 28 February.

Trading in Wheelsure Holdings (LON: WHLP) shares is suspended because the accounts for the year to August 2022 have not been issued. Talks continue concerning a cash injection. Prior to suspension, the share price declined by 16.7% to 6.25p.

Voyager Life (LON: VOY) has sent a circular to shareholders for a general meeting to pass a waiver of an obligation for the concert party to bid for the company and enable more shares to be issued. The share price fell 10.4% to 12.1p.

KR1 (LON: KR1) had a net asset value of 60.6p a share at the end of January 2023. The share price dipped by 4.81% to 49.5p.

Invinity Energy Systems (LON: IES) is repaying the remaining $2.1m of its $2.5m convertible loan facility provided by RiverFort Global Opportunities out of the proceeds of the recent placing. There is a 10% redemption premium, making the total cost £1.92m. That stops dilution by the issue of six million shares. Related warrants can be exercised at 32p a share. There are 1.35 million warrants in issue with a further 499,980 warrants to be issued. The share price dipped by 3.08% to 31.5p.

Coinsilium (LON: COIN) says it has still not finalised a joint venture agreement with IOV Labs. The share price fell 2.63% to 1.85p.

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