AIM WINNERS & LOSERS: Image Scan up on expected swing to profit
10th Oct 2023 10:07
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
Capital Metals PLC - London-based, Sri Lanka-focused mineral sands mining company - On Friday, says it understands that the board of investment of Sri Lanka, the investment promotion agency, will now be involved in the appraisal of and recommendation for the approval of mineral licences while the GSMB will have a continuing role in managing licences. This follows a Sri Lankan government cabinet paper setting out a change in mineral licensing procedures which was approved in late July. Adds the company is in the final stages of establishing a board of investment company which will hold all its interests in Sri Lanka and will be afforded the direct protections against nationalisation. Greg Martyr, executive chair says: "Through a combination of procedural reforms and public inquiries, it is pleasing to see the ability to abuse authority and frustrate the mineral licensing process is gradually ebbing away from officials in the GSMB. This can only be a good thing for the country and our situation." Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - Capital Metals PLC on Friday achieved a narrowed annual loss during what it labelled as an "extremely challenging year". Read More
Capital Metals PLC - London-based, Sri Lanka-focused mineral sands mining company - Extends memorandum of understanding with LB Group to December 31, in order to fund the project into production. LB Group is a manufacturer of high-performance titanium dioxide pigments and sponge. The agreement, previously announced in May, is to fund the Eastern Minerals project into production. LB Group will "fully" fund the project, which is estimated to cost USD81 million. Read More
(Alliance News) - Capital Metals PLC on Monday said it has been engaged in extensive lobbying actions regarding its temporarily suspended industrial mining licences 16236 and 16237 in Sri Lanka, as well as project development activities. Read More
(Alliance News) - Capital Metals PLC on Monday said it has launched a subscription to raise over GBP360,000 from mainly non-UK investors, in part to help lift suspensions on its mining licences and advance an environmental impact study. Read More
Capital Metals PLC - Sri Lanka-focused mineral sands company - Says Michael Frayne will step down as chief executive officer and as director. Adds a new CEO with "applicable experience" will be recruited in due course. Non-Executive Chair Greg Martyr will take over the management of firm as executive chair. Both are with effect from July 1. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - Capital Metals PLC on Tuesday said it has raised GBP500,000 through a placing, in hopes of listing two suspended industrial mining licences. 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
Capital Metals PLC - Sri Lanka-focused mineral sands company - Updates regarding the temporary suspension by the Geological Survey & Mines Bureau of the company's industrial mining licences. Company says it is consulting with its international and local legal advisers but considers the reasons for the notice of cancellation to be devoid of merit. Plans to follow the appeal procedure in accordance with Sri Lanka's Mines & Minerals Act which stipulates that a cancellation shall not take effect unless and until an appeal has been disallowed. Chair Greg Martyr says: "We believe the notice of cancellation of the IMLs is a desperate act of a small number of individuals within the GSMB and, given what is at stake, will be overturned when common sense prevails." Read More
(Alliance News) - Capital Metals PLC on Tuesday said it has signed a deal to create a joint venture to fund the development of its Eastern Minerals project in Sri Lanka. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. 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) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - Capital Metals PLC on Monday said it transferred a 60% equity stake in its subsidiary Damsila Exports Pvt Ltd to a Sri Lankan national associated with the company since 2015, in a bid to satisfy the Sri Lankan Geological Survey & Mines Bureau. Read More
(Alliance News) - Capital Metals PLC on Friday said processes are underway to amend its corporate structure, in response to Sri Lanka's Geological Survey & Mines Bureau's temporary suspension of its industrial mining licences. Read More