Filtronic PLC - Filtronic Expands Strategic Agreement with SpaceX

Filtronic Expands Strategic Agreement with SpaceX for Starlink constellation

Filtronic plc has expanded its partnership with SpaceX, enhancing its role in supplying E-band SSPA modules for the Starlink constellation. This development reflects SpaceX's confidence in Filtronic's technology and involves issuing warrants for up to 5% of Filtronic's share capital. 

Blencowe Resources - Offtake for Purified Graphite

Blencowe Resources Plc has signed a non-binding MOU with Apollo Energy Systems for purified graphite from its Orom-Cross Graphite Project in Uganda, supporting its strategy of securing diversified global buyers. 

Gulf Marine Services - Contract

New Contract Award: Gulf Marine Services PLC

Gulf Marine Services PLC, a leading offshore energy support provider, has secured a new contract for an additional vessel in the Middle East. The contract, with an initial term of seven months, highlights GMS's capabilities in delivering customized solutions to clients. 

Oracle Power PLC - Assay Results from Northern Zone Gold Project

Assay Results from Northern Zone Gold Project

Oracle Power PLC announces impressive initial assay results from the Northern Zone Gold Project, with significant shallow gold intercepts found. The 11-hole, 1,289-meter drill program near Kalgoorlie, Western Australia, highlights substantial gold grades. Continued exploration aims to enhance project understanding before progressing to a Mineral Resource Estimate. Further drilling of 2,000 meters is commencing.

M&G PLC - M&G plc Full Year 2024 Results

M&G plc reported a 5% increase in adjusted operating profit before tax to £837 million in 2024, alongside an operating capital generation of £933 million. The company announced a new progressive dividend policy, with a 2% increase in total dividend per share. 

Serica Energy PLC - Update on Triton FPSO

Update on Triton FPSO

Serica Energy plc announced that production from the Triton FPSO, managed by Dana Petroleum, is now expected to resume in May instead of March due to maintenance challenges. CEO Chris Cox emphasized the need for consistent production to convert strong drilling results into sustained cash flow and highlighted ongoing discussions with Dana to enhance FPSO performance.

Plexus Holdings Plc - Proposed Placing, Subscription and Retail Offer

Proposed Placing, Subscription, Retail Offer and Loan Note Conversion by Plexus Holdings PLC

Plexus Holdings PLC announces a fundraising initiative via placing, subscription, and retail offer to raise approximately £3.5 million. Proceeds will bolster the company's wellhead rental fleet and support growth efforts. Directors, including Ben van Bilderbeek and Craig Hendrie, intend to partake, subject to regulatory conditions. Results and further details to follow shortly.

Wishbone Gold PLC - Reverse Transaction Termination, Corporate Update

Termination of Reverse Transaction, Corporate Update and Continuing Suspension

Wishbone Gold Plc has announced the termination of its proposed reverse takeover of Evrensel Global Natural Resources Ltd. To strengthen the management team, David Lenigas joins as a consultant. The company plans to focus on Australian gold assets and a new financing arrangement. Trading remains suspended pending the clarification of its financial position.

Great Western Mining - New Yellow Peak Claims Staked

NEW YELLOW PEAK CLAIMS STAKED: EVIDENCE FOR PORPHYRY POTENTIAL

Great Western Mining Corporation PLC has staked 20 new claims at Yellow Peak in Nevada, suggesting potential for a significant porphyry copper system. The discovery of previously unrecognized granites and phyllic alteration supports this prospect, aligning with the company's exploration model for the Huntoon Copper Project.