Blue Star Capital PLC - Crawley, England-based, investor in e-sports, gaming and blockchain sector - Advises that, further to its announcement of January 17, the proceeds of its GBP100,000 placing are expected to be received on or around January 31. Accordingly, the admission of the placing shares to trading on AIM will now occur on or around the same date. Read More
Blue Star Capital PLC - Raises GBP100,000 via a placing of 100.0 million new shares at a price of 0.1 pence each, representing 2.0% of enlarged share capital. Says proceeds will be used for working capital purposes and will provide the company with working capital headroom until September. This is in line with its forecasted monthly cash burn rate and the anticipated disposal of the company's shareholding in SatoshiPay. Admission of new shares to trading on AIM is expected to occur on or around Monday next week. Read More
(Alliance News) - Blue Star Capital PLC on Tuesday said its investee Dynasty Gaming & Media Pte Ltd has partnered with Vera Media Group to 'soft-launch' its new platform Lightning Dragon. Read More
(Alliance News) - Blue Star Capital PLC shares rose on Monday after it announced that investee Dynasty Gaming & Media Pte Ltd recently completed a USD3 million fundraise, and announced a potential merger with Googly Media Pte Ltd. 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
(Alliance News) - Blue Star Capital PLC on Wednesday said its investee company Googly Media Holdings PTE Ltd signed an agreement with the Caribbean Premier League to launch the cricket E-sports Caribbean Premier League. Read More
Blue Star Capital PLC - investor in e-sports, gaming and blockchain companies - Pretax loss widens to GBP1.2 million in six months ended March 31 from GBP996,806 a year before, partly due to a loss on disposable investments of GBP81,491. Blue Star Capital's operating loss increases to GBP1.2 million from GBP1.0 million. Net assets fall to GBP10.5 million as of March 31 from GBP11.7 million a year before, with the company affirming that the formal sales process of its stake in SatoshiPay Ltd is expected to be completed by the end of 2023. NAV per share was 0.2 pence on March 31. Read More
Blue Star Capital PLC - Crawley, England-based investment company focused on e-sports, payments and technology - Notes announcement by Pendulum that its Spacewalk 'blockchain bridge' is now live on SatoshiPay's Amplitude network. Pendulum was incubated by SatoshiPay, a Berlin-based instant payment company in which Blue Star owns a 27.9% stake. Spacewalk is a decentralised 'bridge' connecting blockchain networks Stellar and Polkadot. Blue Star says Pendulum intends to advance foreign exchange trading into the blockchain sector and hopes that Spacewalk will provide the stablecoin liquidity needed. In the future it hopes to extend Spacewalk to other blockchain networks like Cosmos and Ethereum. Read More
Blue Star Capital PLC - Crawley, England-based investment company focused on e-sports, payments, technology and its applications within media and gaming - Says Dynasty Gaming & Media launches a joint venture partnership with Australian e-sports and gaming platform Lets Play Live. Says it is a "significant step" in its transition from service provider to media owner. Read More
(Alliance News) - Stock prices in London were slightly higher at midday in London on Tuesday, as market attention turns to a US inflation reading, which has taken on new significant following the collapse of Silicon Valley Bank. Read More
(Alliance News) - Blue Star Capital PLC on Tuesday said that blockchain company Pendulum has released its 'Spacewalk' blockchain bridge, which aims to bridge the gap between the decentralized finance and traditional fintech services sectors. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - Blue Star Capital PLC on Tuesday said it swung to an annual loss due to a swing in fair valuation movements and an increase in administrative expenses. Read More
Blue Star Capital PLC - Sussex-based investment company focused on e-sports, payments and technology - Notes that smart-blockchain infrastructure technology company Pendulum has announced that the Pendulum parachain has gone live on Polkadot mainnet. Blue Star investee SatoshiPay has 5.5% interest in Pendulum's future tokens. Blue Star owns 28% of SatoshiPay. 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) - 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) - Shares in Blue Star Capital PLC rose on Wednesday after the company issued conclusions from its portfolio review. Read More
Guild Esports PLC - London-based e-sports company - Says it has renegotiated a five-year agreement with Footwork Productions Ltd, controlled by David Beckham, to reduce Guild's minimum payment obligations by GBP7.5 million over the next two years. Under the agreement, the footballer acted as a brand ambassador for Guild in return for 15% of all merchandising and sponsorship revenue over the course of five years. The agreement had a minimum guaranteed fee of GBP15.3 million. Read More
(Alliance News) - Guild Esports PLC on Monday announced that it has signed a three-year global sponsorship agreement with Sky UK Ltd. Read More
Blue Star Capital PLC - Sussex-based investment company focused on e-sports, payments and technology - Says that Chief Executive Officer Derek Law is stepping down from the board to focus on his other directorships. Tony Fabrizi, the company's former chief executive officer, will rejoin the board as executive chair with immediate effect. Fabrizi was chief executive from July 2012 until his resignation in February 2021. After that, Fabrizi was "heavily involved" in Fruitlab Media Ltd, a gaming business, Blue Star explains. Read More