AIM WINNERS & LOSERS: Capital Metals signs MoU; Echo Energy sells
9th May 2023 10:30
(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
(Alliance News) - Stock prices in London opened lower on Tuesday after a long bank holiday weekend and new data showing that UK house prices slipped in April. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - Echo Energy PLC said on Tuesday its cash balances have "significantly weakened" amid fall in Argentine production and high inflation. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Echo Energy PLC on Friday said production was up in the fourth quarter, as it targets the reopening of more wells. Read More
(Alliance News) - Echo Energy PLC on Tuesday said it has successfully reactivated three wells in the Chorillos field, after a dormant period of four years. Read More
(Alliance News) - Echo Energy PLC on Friday said that, following the completion of its balance sheet restructuring, it has made an application for over three billion shares to be admitted to trading on AIM. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Echo Energy PLC - producing from Santa Cruz Sur project, onshore Argentina - On Thursday last week, holders of EUR20.0 million in 8.0% secured notes issued by Echo agree to restructure the notes. Note holders representing EUR10.5 million in notes approved the plan by 67%. The deal, if approved by Echo shareholders at a general meeting called for Monday next week, will see EUR15.0 million of debt principal, plus accrued interest, will be converted into new shares at 0.45 pence per share. Earlier in the week, Echo had reported that it produced 392,253 barrels of oil equivalent in the first nine months of 2022, with net production increasing in the third quarter from the second. 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
Echo Energy PLC - London-based energy company focused on Latin America - Says it has successfully completed "first operational priority" of Santa Cruz Sur plan. The plan, announced in July, aims to materially lift output at Santa Cruz Sur. Echo Energy says all three power generational units are fully operational in the Cerro Molino Oeste, El Indio Oeste and Oceano fields. They will provide power to support "existing and future production levels". Read More
(Alliance News) - The following is a round-up of earnings reports by London-listed companies, issued on Tuesday 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
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - Echo Energy PLC shares were up on Friday as it said it has made "critical steps" in its Production & Infrastructure Enhancement plan for its Santa Cruz Sur assets. Read More
(Alliance News) - Echo Energy PLC on Monday said it has raised GBP600,000 via an oversubscribed placing of 242.0 million shares at 25 pence each. Read More
Echo Energy PLC - London-based energy company focused on Latin America - Proposes placing by way of accelerated bookbuild to raise at least GBP450,000 in shares at 0.25 pence each. The issue price is around a 3% discount to Thursday's closing price of 0.257p. Also proposes restructuring of existing debt, conditionally agreeing with Lombard Odier Asset Management Europe Ltd to convert its EUR5.0 million 8.0% secured convertible debt facility with LO into new shares at 0.45p each. The conversion price is a 75% premium to the closing price on Thursday, it says. Read More
Echo Energy PLC - London-based energy company focused on Latin America - Says equipment mobilised at Santa Cruz Sur asset as part of plan to upgrade power generation capacity to levels sufficient to sustain elevated output. Echo in July had announced plans to materially lift output at Santa Cruz Sur. Echo on Monday says equipment has been mobilised at asset and installation will take a month. Read More