AIM WINNERS & LOSERS: Mosman Oil raises GBP1.3 million via placing
16th May 2025 10:15
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
Mirriad Advertising PLC - London-based in-content advertising and virtual product placement company - raises GBP1.5 million via placing with existing and new investors at 0.01 pence per new share. In addition, plans to raise GBP200,000 via retail offer at the same price. On Tuesday, Mirriad explains the fund raise will prove working capital. In addition, it plans a significant reduction to its cost base and changes to its operating model, in order to enable it to continue to trade as a going concern. Mirriad plans to cut monthly cost base to GBP250,000 from GBP650,000-675,000. This includes a 40% cut in headcount. As part of the cost rationalisation exercise, and conditional on completion of the Fundraise, Stephan Beringer will step down as chief executive and Louis Wakefield will be appointed as CEO designate. Read More
(Alliance News) - London's FTSE 100 opened in the green on Wednesday as China criticises the US-UK trade deal, and gold prices continue to weaken amid easing global tariff tension. Read More
Mirriad Advertising PLC - London-based in-content advertising and virtual product placement company - Receives initial feedback from some investors that they may be willing to support a fundraise, further to the company's announcement on May 1 that it may be forced to go into administration this week "in the absence of an immediate injection of capital and in view of the current financial uncertainty". Discussions remain ongoing, though if in the coming days it becomes apparent it will not be possible to raise funds, a wind-down is "highly likely" and trading in Mirriad shares will be suspended. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
(Alliance News) - Mirriad Advertising PLC on Wednesday extended its partnership with RTL Ad Alliance for three years as they continue to set "new standards for the future of in-content advertising in Germany." Read More
(Alliance News) - Shares in Mirriad Advertising PLC surged on Monday after it announced a partnership with US-based media firm Group Black Inc. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - Mirriad Advertising PLC on Tuesday announced a decline in revenue amid job cuts across the US media industry. Read More
(Alliance News) - Mirriad Advertising PLC on Wednesday said year-to-date progress in signing new contracts has been slow, with a number of "significant" existing pacts being cancelled. Read More
(Alliance News) - Mirriad Advertising PLC on Monday lowered its full-year revenue expectations, as revenue dropped more than 30% in the first half of 2024 following a "transitional period". Read More
(Alliance News) - Mirriad Advertising PLC on Friday remained optimistic about meeting revenue expectations for the year, despite a disappointing first half and limited visibility over revenue sources for the second. Read More
Mirriad Advertising PLC - London-based virtual product placement and in-content advertising platform - Confirms James Black has been appointed non-executive director and chair elect, with immediate effect. Read More
(Alliance News) - Mirriad Advertising PLC on Tuesday reported a narrowed loss as it remained focused on the integration of TripleLift, which offers website monetisation. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week 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 Wednesday and Thursday and not separately reported by Alliance News: Read More
Mirriad Advertising PLC - London-based provider of in-content advertising technology - Conditionally raises gross proceeds of GBP6.1 million through the successful placing by Allenby Capital Ltd and Baden Hill of 489.6 million ordinary shares at 1.25 pence each. Should a directors' subscription proceed as intended, it will have raised gross proceeds of GBP6.3 million. Read More