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Bellzone Mining rises 74% to 0.305p a share

Shares in Bellzone Mining (BZM) have rebounded following the drop in share price after the announcement that no definitive agreement has been entered to provide the company with further working capital.

Working capital is tight and there is a risk unless funds are secured in the near term the company would need to invoke insolvency procedures, the company said

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Kore Potash rises 11% to 9p each

Kore Potash (KP2)  continues to rise following the release of its Definitive Feasibility Study.

Shares in K2P surged over 90% immediately after the release of the announcement and have continued to rise.

The study relates to its 97% owned Sintoukola Potash Project in the Republic of Congo.

Brad Sampson, Chief Executive Officer of Kore Potash, commented: "Completion of the DFS is a critical step towards unlocking the potential of the Sintoukola Project area.  The Company looks forward to finalising the review of the DFS and sharing the outcomes with Shareholders.”

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Prospex Oil & Gas Rises 12% 

Prospex Oil & Gas (PXOG) rose 12% to 0.265p a share after markets opened.

Markets reacted positively to the issue of unsecured loan notes to new and existing investors, which included several company directors to fund 2019 development costs at the Selva gas discovery on the Podere Gallina Permit in Italy.

After gradually declining for several days traders have been pushing prices back towards previous levels

Prospex Chairman, Bill Smith, commented that “It is highly encouraging that first production in Romania has opened up non-equity funding options to the Company."

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Falanx Group rises 26% to 3.6p a share

Falanx Group (FLX)  released its interim results this week posting a 51% revenue increase, with the cyber division reporting a 198% increase in revenue.

It has recently secured a contract from high-profile UK government department as well as a new client contract providing monitoring services for a three year period.

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