Helix Exploration - Rudyard Reserves, Model and Proposed Fundraise
Helix Exploration PLC: Rudyard Reserves and Economic Model Announcement
Helix Exploration PLC has announced updated helium reserves and economic modeling results for its Rudyard Project. The company plans to raise a minimum of £4 million through a share issue to fund the development and production, targeting significant cash flow and market expansion, with first production expected in Q2 2025.
Angle PLC - Trading Update
ANGLE plc Trading Update
ANGLE plc, a leading liquid biopsy company, anticipates a revenue increase of 31% to £2.9 million for 2024. With cash resources reaching £12.6 million, the company aims to achieve cashflow positivity through strategic focus on pharma services. Anticipating stronger 2025 growth, ANGLE emphasizes its robust sales pipeline and ongoing progress with large pharma contracts.
Wishbone Gold PLC - Update, Potential Reverse Takeover and Suspension
Strategic Update, Potential Reverse Takeover and Suspension of Trading on AIM and AQSE
Wishbone Gold Plc has signed non-binding Heads of Terms for a potential reverse takeover of Evrensel Global Natural Resources Ltd. The restructuring may involve asset disposals, leading to suspended trading on AIM and AQSE. Further details and shareholder approval are pending. The deal is subject to due diligence and further agreements.
THG PLC - Q4 2024 Trading Statement
THG PLC Fourth Quarter Trading Statement
THG PLC has successfully completed the demerger of THG Ingenuity, focusing on its core segments, THG Beauty and THG Nutrition. The company reported FY 2024 performance in line with expectations and reduced gross leverage. THG anticipates mid-single-digit revenue growth in FY 2025, driven by demand for its beauty and nutrition products.
Mindflair PLC - New investment by SVV2 and Correction
Mindflair PLC: New Investment and Correction to Previous Announcement
Mindflair PLC highlights a £1.5 million investment led by Sure Valley Ventures in Vizgard, an AI company specializing in defense and public safety solutions. This strategic investment supports Mindflair's focus on AI technology. Additionally, a correction was issued regarding a share option scheme announcement, adjusting the vesting condition to a 4.0 pence share price increase.
Kefi Gold and Copper - GMCO - Saudi Exploration Enablement Program
GMCO Selected for Saudi Government's Exploration Enablement Program
KEFI Gold and Copper's joint venture, GMCO, has been chosen as one of six companies for Saudi Arabia's Exploration Enablement Program, enhancing exploration initiatives with government backing. The program, aimed at boosting high-quality investments, supports KEFI’s strategic review as it considers offers for its 15% stake in GMCO, coinciding with significant sector developments.
Kooth PLC - Trading update, Board changes & succession plans
Kooth PLC: Trading Update, Board Changes and Succession Planning
Kooth PLC reports strong financial performance for 2024, with revenues reaching £65.8m and adjusted EBITDA surpassing analyst expectations. The company is expanding its US operations, notably with a pilot in New Jersey. Tim Barker will step down as CEO in 2025, to be succeeded by Kate Newhouse as joint CEOs ensure a seamless transition.