Helium One Global Ld - State-9 Spud at Galactica Project
State-9 Spud at Galactica Project
Helium One Global Ltd has announced the spudding of the State-9 development well at its Galactica helium project in Colorado. This marks the sixth well in the campaign, targeting the Lyons Sandstone Formation. Helium One funds the initial $450,000 under a joint venture with Blue Star Helium. The well aims to bolster production potential estimates.
Catenai PLC - Further re investment in Alludium, Issue of Equity
Completion of investment in Alludium and Issue of Equity
Catenai PLC (AIM: CTAI) has completed its investment in Alludium Ltd. Additionally, the company has issued 1,114,434 new ordinary shares to settle a consultancy invoice. The shares will trade on AIM around 27 May 2025. The total voting rights now comprise 963,288,885 ordinary shares. The announcement includes forward-looking statements regarding the company's future growth.
Central Asia Metals - Proposed acquisition of New World Resources
Proposed Acquisition of New World Resources Limited for A$185 million
Central Asia Metals Plc (CAML) announces its intent to acquire New World Resources Limited, valued at A$185 million. The acquisition includes the Antler Project, a high-grade copper deposit in Arizona, USA. The transaction will be funded via existing cash reserves and a new US$120 million credit facility, promising substantial growth and cash flow for CAML.
Pantheon Resources - Further Results from the Flow Testing of Megrez-1
Pantheon Resources plc: Further Results from the Flow Testing of the Megrez-1
Pantheon Resources plc completed flow testing at the Megrez-1 well, reporting over 2,000 barrels of liquid daily with no significant oil or gas. The company, focusing on Ahpun and Kodiak fields, has 1.57 billion barrels of crude and 6.6 Tcf gas resources, advancing plans for Ahpun field development and Dubhe-1 demonstration well.
Polarean Imaging PLC - Dr. Bastiaan Driehuys awarded by ATS
American Thoracic Society honours Dr. Bastiaan Driehuys for pioneering work in Xenon MRI
Dr. Bastiaan Driehuys, co-founder and Chief Scientific Officer of Polarean Imaging, received the 2025 ATS Respiratory Health Award for his groundbreaking work in developing Xenon MRI technology. This innovation, essential for enhanced pulmonary imaging, supports early detection and improved treatment of respiratory conditions, showcasing its value in respiratory healthcare advancements.
JD Sports Fashion - JD SPORTS FASHION PLC FY25 RESULTS
JD Sports Fashion Plc FY25 Results
JD Sports Fashion Plc reports resilient performance for FY25, with a 12% revenue increase and consistent gross margin of 48%. Despite market volatility, the Group achieved a profit before tax of £923m and emphasized strategic growth, acquisitions in key markets, and increased shareholder returns. CEO Régis Schultz highlighted the company's adapted strategy for profitability amid slower anticipated market growth.
Pennpetro Energy PLC - Corporate Update
Pennpetro Energy Plc: Convertible Loan Note Facility and Share Subscription Facility Extension
Pennpetro Energy Plc has secured a £1,000,000 Convertible Loan Note Facility with GEM Global Yield LLC SCS, allowing an initial £150,000 drawdown. Additionally, the company’s £20,000,000 Share Subscription Facility with GEM is reinstated and extended to June 2028, ensuring future funding for growth, re-trading, and audit finalization.
Revolution Beauty Gp - Funding Options, Possible Offer & Sale Process
Revolution Beauty Group Plc: Update on Review of Funding Options, Possible Offer, Board Change and Formal Sale Process
Revolution Beauty Group announces a strategic review involving potential equity raise discussions and exploration of a company sale. Iain McDonald is appointed as Non-Executive Chair, succeeding Alistair McGeorge. The Board has initiated a Formal Sale Process, inviting expressions of interest by 11 June 2025, with Panmure Liberum managing the process.
Mila Resources Plc - Highly Positive Gold Results Delivered from Yarrol
Highly Positive Gold Results Delivered from Yarrol: Maiden Drilling Programme Unlocks High-Grade Mineralisation
Mila Resources Plc announced impressive initial assay results from the Yarrol Gold Project in Queensland. The maiden drilling programme confirmed high-grade, multi-lode gold mineralisation, including 17m at 5.47g/t Au. The results enhance the project's potential for substantial resource growth along the 20km geological corridor, with further data expected by the end of Q2 2025.
BSF Enterprise PLC - Lab-Grown Leather Ltd Progress
Lab-Grown Leather Ltd Progress
BSF Enterprise PLC's subsidiary, Lab-Grown Leather Ltd, has announced notable advancements in sustainable leather alternatives with its Elemental Leather™ line. Highlights include the ultra-thin Elemental+™, and the groundbreaking Elemental X™ featuring T-Rex leather. LGL is engaging in partnerships and expanding production while focusing on continuous improvement and cost reduction through innovative methods.
Marks and Spencer Gp - Final Results
RESHAPING FOR GROWTH
Marks and Spencer Group Plc reports a third consecutive year of growth, with profit before tax and adjusting items rising by 22.2% to £875.5m. The company plans to invest £600m-£650m in 2025/26 to bolster resilience and growth, despite challenges from a cyber incident impacting operations. The full year dividend increased by 20% to 3.6p.
Quantum Blockchain Technologies Plc - Directorate Change
Appointment of Non-Executive Director at Quantum Blockchain Technologies
Quantum Blockchain Technologies (AIM: QBT) has appointed Vladimir Basilio Kusznirczuk as a Non-Executive Director. Kusznirczuk, with a strong background in business development at firms like AT&T and BlackBerry, has been part of QBT since May 2023. His extensive experience in the US and Canadian markets is expected to bolster QBT’s technology commercialization efforts.
Sovereign Metals Ltd - Power Supply MOU & Malawi Hydropower Project
Sovereign Signs Power Supply MOU as World Bank Approves Landmark Malawi Hydropower Project
Sovereign Metals Limited has executed a non-binding MOU with ESCOM to ensure electricity supply for its Kasiya Rutile-Graphite Project in Malawi. This coincides with the World Bank's US$350m grant approval for the Mpatamanga Hydropower Storage Project, set to significantly boost Malawi's power capacity by 2030, enhancing economic development.
Great Southrn.Copper - Drilling Completed at Viuda Negra Prospect
Great Southern Copper Completes Drilling at Viuda Negra Prospect Targeting Gold-Silver Mineralisation
Great Southern Copper plc has finalized its scout diamond drilling program at the Viuda Negra prospect in Chile. The program, targeting gold-silver mineralisation, drilled four holes totaling 553.05 meters and intersected broad zones of quartz-magnetite vein alteration. Exploration continues with Phase II drilling at Mostaza and reconnaissance at Brechia Amarilla.
Currys PLC - FY Trading - Performance continues to strengthen
Trading update for year ending 3 May 2025
Currys plc reports a strong performance for the year ending 3 May 2025, with a 37% increase in adjusted PBT to approximately £162 million. The company experienced a 4% group like-for-like sales growth in the past 17 weeks and significant free cash flow growth, prompting the Board's plan to resume dividends.