Renewable energy company SIMEC Atlantis Energy (LON: SAE) generated cash in 2023 due the sale of the Uskmouth energy storage project and ongoing revenues from MeyGen tidal project. Net debt was reduced from £54.1m to £50.6m, with the majority of debt in the MeyGen project, which is set to be expanded. Core company debt was […]

The post AIM movers: SIMEC Atlantis Energy cash boost appeared first on UK Investor Magazine.

Battery technology developer Gelion (LON: GELN) has signed a joint development agreement with natural resources company Glencore International. The two companies will assess the suitability of Gelion technologies for use in Glencore’s stationary or mobile applications and pilot any opportunities. There will also be an assessment of strategic supply of materials to Gelion and future […]

The post AIM movers: Gelion agreement with Glencore and Petro Matad cash for drilling appeared first on UK Investor Magazine.

Roadside Real Estate (LON: ROAD) shares soared 129% to 8p after it sold part of its stake in Cambridge Sleep Sciences to CGV Ventures 1 for £6m. The total stake cost £2.7m and Roadside Real Estate still owns 65%, having sold a 10% stake, so it still has to be consolidated. Management is considering selling […]

The post AIM weekly movers: Roadside Real Estate wakes up to stake value appeared first on UK Investor Magazine.

Cap-XX (LON: CPX) has settled its patent litigation with Maxwell/Tesla, but the terms are confidential. Management does say that any payments are not considered material. The share price recovered 48.7% to 0.275p. Natural resources data and information provider Getech (LON: GTC) had a poor 2023, but there are more positive expectations this year. Revenues in […]

The post AIM movers: Live Company refinancing and ex-dividends appeared first on UK Investor Magazine.

Software company i-nexus Global (LON: INX) is raising £500,000 through unsecured convertible redeemable loan notes with a conversion price of 10p a share. The share price jumped by one-fifth to 4.5p. The cash will provide working capital. Existing convertibles will have their redemption dates extended. Offshore services provider Tekmar Group (LON: TGP) increased interim revenues […]

The post AIM movers: i-nexus convertible funding and Live Company’s late accounts appeared first on UK Investor Magazine.

Live Company Group (LON: LVCG) division KPOP LUX has signed an agreement with branding and promotions business Birdman Inc to collaborate on an annual K-Pop concert in Nagoya in Japan. The initial event will be in June. KPOP LUX will receive a $1m licence fee, while ticket revenue will go to Birdman. KPOP LUX will […]

The post AIM movers: Live Company K-Pop event and PetroNeft Resources potential disposal appeared first on UK Investor Magazine.

TV programmes producer Zinc Media (LON: ZIN) says 2022 revenues beat recently upgraded estimates through organic growth and a better than expected contribution from recent acquisition The Edge. That should mean that the loss should be lower than the £1.4m forecast. Zinc Media has already secured £15m of revenues for 2023, compared with the full […]

The post AIM movers: Zinc Media momentum and Bens Creek selling appeared first on UK Investor Magazine.

Plant-based polymers developer Itaconix (LON: ITX) has appointed Paul LeBlanc as a non-executive director. Dr Peter Nieuwenhuizen has been confirmed as chair. Last year, Itaconix had problems with shareholders over the make up of the board. There are two executives and two non-execs on the board. The share price improved 9.09% to 4.8p. Cleaning services […]

The post AIM movers: Itaconix board appointment and ex-dividend appeared first on UK Investor Magazine.

Eco (Atlantic) Oil & Gas Ltd (LON: ECO) shares more than halved to 19p after its Gazania-1 well, offshore South Africa, did not discover commercial hydrocarbons. Two other wells are planned for South Africa next year. N4 Pharma (LON: N4P) is raising £1m at 2p a share. A broker offer could raise up to £1m […]

The post AIM movers: Eco (Atlantic) Oil & Gas halves on drilling failure appeared first on UK Investor Magazine.

Harland & Wolff (LON: HARL) is preferred bidder for a fleet solid support contract and the share price jumped 50.8% to 15p. Harland & Wolff’s Appledore shipyard is part of a collaboration that could win a £1.6bn contract that could be secured early next year. Paul Davidson has built up a 3.4% stake in Parsley […]

The post AIM movers: Harland & Wolff’s preferred status appeared first on UK Investor Magazine.

Sports nutrition supplier Science in Sport (LON: SIS), whose customers include the Ineos Grenadiers cycling team that currently has four riders in the top ten of the Tour de France, says interim revenues did not grow as fast as expected. The share price slumped 22% to 35.5p. Interim revenues were 12% ahead, but costs are […]

The post AIM movers: Science in Sport disappoints and Tekmar wins contract in Japan appeared first on UK Investor Magazine.