Shares in Goldstone Resources (LON: GRL) have risen a further 41.2% to 1.2p following last week’s announcement that it is raising £2m at 1p/share, which was then a premium to the market price. The share price has trebled in the past week. The cash will fund exploration at the Homase mine in Ghana to expand […]

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Tavistock Investments (LON: TAVI) has updated investors on its litigation with Titan, who acquired Tavistock’s asset management business and funds branded ACUMEN. This was part of a 10-year strategic partnership. Tavistock says that there were many breaches of the agreement. A court hearing determined that Tavistock can add other counterclaims and awarded it interim costs […]

The post AIM movers: Serica Energy buys North Sea Assets and Touchstar warning appeared first on UK Investor Magazine.

Greenroc Strategic Materials (LON: GROC) has secured a €5.2m secured loan facility to finance work at the Amitsoq graphite mine in south Greenland and the establishment of a European pilot plant to produce active anode material. The loan can be drawn down over the first two years and has a maturity of five year. The […]

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WH Ireland (LON: WHI) has confirmed that current levels of proxy votes indicate that the planned sale of the wealth management operations, departure from AIM and the winding up of the company will not be passed by shareholders. The outcome will not be certain until the general meeting tomorrow. The share price jumped 212.5% to […]

The post AIM movers: WH Ireland could lose general meeting vote and Angle refines strategy appeared first on UK Investor Magazine.

Shield Therapeutics (LON: STX) says the US FDA has accepted ACCRUFeR as a clinical supplement and assigned priority review to extend coverage to children with iron deficiency anaemia. Approval could be received in 2026. This follows positive results from a phase 3 paediatric clinical trial. The share price jumped 32.5% to 8.35p. Block Energy (LON: […]

The post AIM movers: Potential extended use for Shield Therapeutics’ ACCRUFeR iron deficiency treatment and ex-dividends appeared first on UK Investor Magazine.

Jangada Mines (LON: JAN) has appointed Paulo Guimarães Misk as chief executive, who has 40 years mining experience, and executive chairman Brian McMaster will become a non-executive. The focus is accelerating the development of the Paranaita gold project in Brazil. The share price soared 21.1% to 0.575p. Oxford Biodynamics (LON: OBD) is collaborating with Google […]

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Oil and gas producer Empyrean Energy (LON: EME) says the operator of the Mako field has signed a gas sales agreement with PT PLN Energi Primer Indonesia. This covers the current production from the Duyung production sharing contract until January 2027. Empyrean Energy has an 8.5% interest in the Mako field. The share price soared […]

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Oxford BioDynamics (LON: OBD) says Pfizer has published information on its use of EpiSwitch biomarkers as a liquid biopsy in evaluating tumours and treatment outcomes for the JAVELIN bladder 100 trial. The EpiSwitch test can determine whether a tumour has high or low immune activity. This confirmation of efficacy will help to grow EpiSwitch sales. […]

The post AIM movers: Pfizer confirms efficacy of Oxford BioDynamics EpiSwitch and Sosandar write down reduces profit appeared first on UK Investor Magazine.

Ethernity Networks (LON: ENET) has invoiced $890,000 of a $1.05m contract with a US aerospace system products provider. The contract will be extended by $290,000. There will be further revenues in the second half. The share price rebounded 18.5% to 0.08p. BUPA will offer prostate cancer test EpiSwitch PSE, which was developed by Oxford BioDynamics […]

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Zoo Digital (LON: ZOO) shares are recovering after last week’s trading statement and finance director Phillip Blundell bought 20,000 shares at 12.15p each. The share price recovered 19.4% to 14.625p. Retail software provider itim Group (LON: ITIM) shares continue to rise following yesterday’s trading statement saying that 2024 revenues were 5% better than expected at […]

The post AIM movers: Yellow Cake changes incentive plan and Benchmark revenues fall appeared first on UK Investor Magazine.

A contract win helped the Inspiration Healthcare (LON: IHC) share price rebound 44.4% to 19.5p. A $6m contract has been won by the Neonatal division and the core business is doing well. However, there are further delays to the Middle East contract – the first shipment is awaiting custom clearance – and revenues in the […]

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Sustainable laundry technology developer Xeros Technology (LON: XSG) is progressing with tech verification from four global washing machine manufacturers and two of those could move to substantial paid-for joint development agreements. Timing is uncertain, though. Even so, Cavendish has reduced its 2024 and 2025 forecast revenues. The loss is estimated to decline from £4.8m to […]

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Fintech Fiinu (LON: BANK) has signed heads of agreement for the first white-label deal for its Plugin Overdraft with a UK bank. It will provide a Banking-as-a-Service platform including Plugin Overdraft and requires regulatory approval and testing. The bank will have exclusivity in the UK for 12-months from launch, which could be in the fourth […]

The post AIM movers: Fiinu secures first Plugin Overdraft customer and Distil sales slump appeared first on UK Investor Magazine.

Shares in i-nexus Global (LON: INX) rebounded 60% to 2p following last Friday’s approval by shareholders of the cancelation of the AIM quotation. The share price is still lower than before the proposal was announced. Powerhouse Energy (LON: PHE) has reached mechanical completion of the feedstock testing unit at Bridgend. This means that the waste […]

The post AIM movers: Filtronic profit upgrade and XLMedia tender offer appeared first on UK Investor Magazine.

Yulia Kirianova has stepped down from the board of oil and gas company Enwell Energy (LON: ENW). Interim chief executive Oleksiy Zayets has joined the board as appointee of Smart Energy (CY), which has a 6.95% stake. He has held the role of interim chief executive since March and has been with the company since […]

The post AIM movers: Positive drilling news from Prospex Energy and Adams leaving AIM appeared first on UK Investor Magazine.

CloudCoCo (LON: CLCO) is selling its managed IT services business for £9.2m. This will discharge liabilities, including the MXC loan notes, and leave cash of £950,000. If the sale does not go-ahead management will need to consider if there is a future for the group. There are also discussions concerning the sale of the Connect […]

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Steppe Cement (LON: STCM) revenues improved in the third quarter, although the nine-month revenues are still 2% lower. The average price received for cement is still lower than one year ago, although higher than the previous quarter, and volumes are steady this year. Production has increased due to capital investment and that is spreading the […]

The post AIM movers: Environmental approval problem for Emmerson and Steppe Cement recovers appeared first on UK Investor Magazine.

Crossword Cybersecurity (LON: CCS) has signed a partnership to jointly market its Rizikon supply chain cyber platform. The deal is with a UK subsidiary of a global aerospace and security company. The focus is sub-sectors within the UK critical national infrastructure market. There is potential to generate several million pounds over the next few years. […]

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In the first quarter of 2024, Vast Resources (LON: VAST) has produced 613DMT of copper concentrate from the Baita Plai polymetallic mine. This compares with 562DMT in the previous quarter. Finalisation of the refinancing should enable further production improvement. Cost savings have been made at the Aprelevka mine and gold production is rising. The share […]

The post AIM movers: Vast Resources production improvement and Faron Pharmaceuticals fundraising appeared first on UK Investor Magazine.

Online wine retailer Naked Wines (LON: WINE) says 2023-24 revenues were 13% lower at £290m, compared with a 18% decline in the first half. Underlying operating profit was £5m, although asset impairments, US inventory provisions and other exceptional costs mean that there will be a reported operating loss of up to £18m. Net cash was […]

The post AIM movers: Weak telecoms market for Calnex Solutions and Naked Wines improves cash appeared first on UK Investor Magazine.

NICE has recommended the genedrive (LON: GDR) CYP2C19-ID test for genotype-guided clopidogrel treatment in the NHS. It is the preferred platform for UK point-of-care testing for the management of ischemic stroke and transient ischaemic attack patients. It is advised that these patients should have a genetic test before antiplatelet treatment. The share price jumped 53.3% […]

The post AIM movers: NICE recommends genedrive test and Shearwater contract delays appeared first on UK Investor Magazine.

Diagnostics developer and manufacturer Abingdon Health (LON: ABDX) improved interim revenues from £1.1m to £2.4m, while operating costs were stable. The pre-tax loss halved to £1.22m. Three new contract development and manufacturing contracts have been won since the end of 2023. There are own-label tests being launched by retailers where orders will be delivered in […]

The post AIM movers: Abingdon Health halves loss and ex-dividends appeared first on UK Investor Magazine.

Strategic Minerals (LON: SML) says that the Cobre magnetite operation has regained a major client that has ordered 30,000 tons. There could be a second contract of a similar size. This follows a halving of sales volumes in 2023. The share price jumped 75% to 0.175p. Positive drilling results from Thor Energy (LON: THR) pushed […]

The post AIM weekly movers: Consolidation at Microsaic Systems leads to share price decline appeared first on UK Investor Magazine.

Gaming machines and displays technology supplier Nexteq (LON: NXQ) says 2023 pre-tax profit was ahead of expectations thanks to a higher gross margin offsetting lower revenues. Pre-tax profit improved from $10.2m to $14m. The share price continues to recover from its recent low and is 10.9% higher at 122p. Video games publisher Frontier Developments (LON: […]

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Gama Aviation (LON: GMAA) is selling its Jet East business for $131m. Adjusting for debt and transaction costs the net amount is $100m, which is equivalent to 125p/share. That could allow a 55p/share dividend. The share price is two-thirds higher at 87.5p. The rest of the cash can be reinvested in the remaining aviation services […]

The post AIM movers: Gama Aviation sells subsidiary for more than share price and Sosandar delays profit by investing in stores appeared first on UK Investor Magazine.

Trading has resumed in the shares of Tintra (LON: TNT) following publication of the accounts to January 2023. The financial technology business made a higher loss last year. The shares had been suspended since the end of July and since then it has received a bid approach at 150p/share. The share price jumped 63% to […]

The post AIM movers: Tintra returns from suspension and Safestyle slumps on fundraising concerns appeared first on UK Investor Magazine.

Oxford BioDynamics (LON: OBD) continues to rise on the back of the faster than expected completion of the validation of the PSE prostate cancer test in US CLIA laboratories. The test is available in the US and the UK, which will initially send the test to be processed in the US while accreditation is obtained […]

The post AIM movers: Saietta gains contract in India and Tasty decline appeared first on UK Investor Magazine.

Oxford BioDynamics (LON: OBD) says the PSE prostate cancer test has completed validation in US CLIA laboratories earlier than expected. The test is available in the US and the UK, which will initially send the test to be processed in the US while accreditation is obtained in the UK. This adds to the company’s range […]

The post AIM movers: Oxford BioDynamics validation and Anglo Asian Mining profit slump appeared first on UK Investor Magazine.

Francisco Partners II is making a recommended cash offer for e-waste and data erasure company Blancco Technology Group (LON: BLTG). The bid is 223p/share and the share price jumped 22.4% to 219p. The share price has not been as high as the bid for 18 months. Blancco management believe the help of a backer with […]

The post AIM movers: Blancco Technology bid and Deltex Medical slumps on return from suspension appeared first on UK Investor Magazine.

Empire Metals (LON: EEE) has confirmed that there is a giant-scale hydrothermal titanium and copper mineral system at its Pitfield project in Western Australia. The share price jumped 60.8% to 2.975p. The maiden drilling programme indicated a metal-rich 40km by 8km system. Titanium mineralisation is between 4% and 10% titanium oxide. There are also anomalous […]

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Restaurants operator Fulham Shore (LON: FUL) is recommending a 14.15p a share cash bid by Tokyo-based TORIDOLL Holdings. The share price jumped 32.4% to 13.9p. The bidder has revenues of around £1bn and already has European interests. It works with specialist private equity firm Capdesia in Europe. The takeover will enable greater expansion of the […]

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Shares in executive search firm Norman Broadbent (LON: NBB) jumped 42.9% to 5p on the back of a 27% increase in net fee income to £7.34m in 2022. The fourth quarter was stronger than the previous quarters and the new year has started well. This has enabled 2022 EBITDA of £100,00 compared with a loss […]

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The new management team at Trellus Health (LON: TRLS) is reducing the cash burn and there should be nought cash until the end of 2024. Trellus Health intends to provide personalised care for people with chronic conditions with the initial focus being inflammatory bowel disease (IBD). The service offered is what the company calls resilience-driven […]

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Precision medicine tests developer Oxford BioDynamics (LON: OBD) fell 14.7% to 13.225p following its interim figures announcement. The company has significant opportunities but limited funds. The cash outflow after R&D tax credits was £2.3m in the six-month period. There is £4.6m of cash in the bank at the end of March 2022. That was after […]

The post Limited cash to take advantage of Oxford BioDynamics prospects appeared first on UK Investor Magazine.