EARNINGS: Zephyr Energy interim loss narrows; Eqtec expenses surge
26th Sep 2024 18:12
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
Phoenix Copper Ltd - US-focused base and precious metals producer and explorer - Announces on Thursday that it has renewed its earn-in agreement with Electra Battery Materials, regarding Phoenix's Redcastle cobalt property on the Idaho cobalt belt. Inks amendment to the Redcastle property agreement to extend its two main exploration expenditure commitments by two years, to 2026 and 2028 respectively. The amendment will require an investment of USD1.5 million into any combination of exploration, development and related work by the third anniversary date of May 21, 2026; with an additional required investment of USD1.5 million into any combination of the above works by the fifth anniversary date of May 21, 2028. 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) - 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 is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and Wednesday, and not separately reported by Alliance News: Read More
Phoenix Copper Ltd - London-based mining company with projects in Sweden, Finland and Kosovo - Says it has finalised the purchase of two pre-owned ball mills for its Empire project in Idaho, US. The equipment, which cost a total of USD1.1 million, is expected to be transported to Idaho in the summer. It was bought at a USD6 million to USD7 million discount. 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 earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Phoenix Copper Ltd - Base and precious metals explorer developing Empire open-pit copper and silver project in US state of Idaho - Raises GBP2.7 million via the placing of 14.1 million shares and a subscription of 9.0 million shares, both at an issue price of 11.5p each. In addition, the company is providing retail investors the chance to subscribe for up to 1.7 million offer shares at the issue price to raise a further GBP200,000. The retail offer closes January 31. On Friday morning, Phoenix announced its intention to raise approximately GBP2.4 million through the issue of new shares and the retail offer. The placing was run as an accelerated bookbuild by brokers Panmure Gordon (UK) Ltd and WH Ireland Ltd as joint bookrunners. Read More
Phoenix Copper Ltd - developing Empire open-pit copper and silver project in US state of Idaho - Launches share offer to raise up to GBP2.4 million to buy mining and processing equipment. The offer is priced at 11.5 pence per share and will consist of a GBP1.2 million placing, a GBP1.0 million direct subscription, and up to GBP200,000 from a retail offer. The placing will be run as an accelerated bookbuild by brokers Panmure Gordon (UK) Ltd and WH Ireland Ltd as joint bookrunners. Phoenix says the mine equipment is available at a potential "substantial discount" to new value. The company also says it remains in advanced discussions with bond investors for a proposed corporate copper bond to finance construction of the Empire mine. Read More
(Alliance News) - Phoenix Copper Ltd on Thursday said that the study will be a "significant milestone" for the company, which will push the under-explored project towards completion. Read More
(Alliance News) - Phoenix Copper Ltd on Friday said that it is at "advanced stage" negotiations with investors for the proposed copper bond financing of its Empire mine project. Read More
Phoenix Copper Ltd - Base and precious metals explorer in the US state of Idaho - Extends initial term of short-term USD2.0 million three-month loan facility, first announced in late March before being extended in June by three months and November by two weeks to Friday last week, to a new expiry date of January 2. Says it has requested this to allow further time to conclude ongoing discussions with various investors regarding its proposed corporate copper bond issue. Says: "Although there can be no certainty until the bonds have been issued and settled, the company confirms that these discussions are at an advanced stage and the directors remain confident that the bond issue will close, thus allowing the company to have access to the relevant construction funding when required." Also notes that while the loan facility can be extended until March 31, the unnamed lender is not entitled to convert principal or other amounts into Phoenix Copper shares while the loan remains within the initial term. 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
(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
Phoenix Copper Ltd - Base and precious metals explorer in the US state of Idaho - Says metallurgical test work at Empire mine shows possible "robust" copper, gold and silver recoveries. Says the test was completed by Forte Dynamics, which consisted of flotation processes as well as sulphuric acid leaching. Adds Navarre Creek drilling campaign is underway, with a total of 9.825 feet drilled so far. Read More
Phoenix Copper Ltd - Base and precious metals' explorer in the US state of Idaho - Says 2023 drilling programme underway at Navarre Creek exploration project in Custer County, Idaho. Says programme will comprise up to 60 reverse-circulation drill holes from 30 drill pads at the Navarre Creek claim block. Notes drill programme is to obtain a better understanding of mapping, surface geochemistry, mineral imagery and geomagnetic ground surveys. Read More
(Correcting that the loan facility is with Riverfort Global Opportunities PCC Ltd, not RiverFort Global Opportunities PLC). Read More