TRADING UPDATES: Journeo wins orders; MicroSalt sales beat forecast
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Ajax Resources PLC - London-based natural resources investment company - Updates on the proposed equity fundraising announced on December 11. Says new ordinary shares will be issued at 5.5 pence, a 22% premium to the company's last fundraising round which closed on July 28. Increases amount to GBP1.2 million due to investor interest in the fundraise, which is expected to close at GMT 19:00. It has received commitments for about 90% of the fundraising amount, which includes participation from its board as well as existing significant shareholders. The funds will add to the USD400,000 from Appian Capital Advisory Ltd expected on completion of the acquisition of the Pereira Velho Gold Project. On December 11, Ajax announced heads of terms to acquire Brazil-based Pereira Velho Exploracao SA. PVESA is wholly owned by entities affiliated with Appian Capital Advisory Ltd. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday, Friday and not separately reported by Alliance News: Read More
Ajax Resources PLC - London-based natural resources investment company - Agrees terms to conditionally buy a 75% interest in the Paguanta project, a copper-gold project in the Tarapaca region of northern Chile, which is currently owned by Asara Resources Ltd. Says Paguanta is an advanced exploration-stage deposit, historically recognised for its silver production. It has silver, zinc and lead resources and "significant identified potential" for copper and gold. The firms have until November 25 to negotiate the final terms of the contract and complete. Within 15 days of completion, Ajax will pay USD50,000 in cash and a further USD100,000 worth of shares. A further USD500,000 will be payable upon the definition of a proved reserve of more than 25 million tonnes of 5% or more zinc equivalent. Another USD500,000 will be required when a reserve exceeding 5 million tonnes of copper is defined. Asara will retain a 1% net smelter royalty, capped at a maximum of USD850,000 and subject to the average zinc price during the previous two quarters exceeding USD2,600 per metric tonne. Read More
Ajax Resources PLC - London-headquartered natural resources investment company - Closes second round of subscription announced back in May 2023. Raises GBP200,000 total through issue of 4.4m shares at price of 4.5 pence per share, by way of subscription. Proceeds earmarked for additional exploration work at newly acquired Eureka project. Read More
(Alliance News) - Ajax Resources PLC on Thursday said it plans to launch a drilling campaign at its newly acquired Eureka project in Argentina, as it posted a narrowed annual loss and again reported no revenue. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Ajax Resources PLC on Thursday reported it has struck a conditional deal for the acquisition of a new licence area near its Eureka project, and provided an update on its potential takeover of a Jujuy mining project. Read More
(Alliance News) - Ajax Resources PLC on Wednesday started trading on the Aquis Stock Exchange Growth Market, moving from the London Main Market. Read More
(Alliance News) - UK stocks were called to open higher on Wednesday, as the Israel-Iran conflict continues with US President Donald Trump demanding Tehran's "unconditional surrender". Read More
(Alliance News) - Ajax Resources PLC on Friday said it has applied for admission to the Aquis Stock Exchange Growth Market, alongside a planned subscription to raise up to GBP1.5 million to support its exploration strategy in Argentina. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Ajax Resources PLC - natural resources investment - Takes out option to buy Minas La Escondida, a prospective gold and copper project in the Jujuy province of north west Argentina. The option from a local investor has a 45-day term and will cost Ajax USD80,000 in cash. La Escondida is contiguous with the Eureka project, which Ajax recently conditionally acquired, and it shares similar geology. Ajax is buying the Eureka project licenses from AIM-listed Bezant Resources PLC. As a result of the two acquisitions, Ajax will no longer be a cash shell and will move its listing to the Aquis Stock Exchange from the London Main Market, effective on June 9. Its shares are suspended from trading. Read More
(Alliance News) - Ajax Resources PLC and Bezant Resources PLC on Tuesday said they have agreed on the terms of a proposed sale of Bezant's Puna Metals SA subsidiary. Read More
(Alliance News) - Stock prices in London were higher midday on Tuesday, while the UK's aviation regulator has noted the "benefits to consumers" of England's Gatwick airport expanding. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - Ajax Resources PLC on Monday said its loss narrowed in the first half as it continues to screen "production and development opportunities". Read More