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Quadrise (QED) Share News

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IN BRIEF: Quadrise continues work on MSAR, bioMSAR fuel trial deal

29th Apr 2024 14:09

Quadrise PLC - London-based clean energy technology provider - Regarding its project MSC Shipmanagement Ltd of Cyprus, says it continues to work with its project partners to seek to finalise the project agreement. Says it will provide a further update on the project and entry of the project agreement in due course. In March, Quadrise announced a binding deal with MSC and Cargill NV over the production of MSAR and bioMSAR fuels for Quadrise's forthcoming vessel trials on board the MSC Leandra was expected by the end of the first quarter of 2024. It agreed this collaboration in February. Read More

Quadrise partner HSO receives funding for Valkor Project in Utah

19th Apr 2024 11:21

(Alliance News) - Quadrise PLC on Friday said its Valkor project has received new funding and drilling permission. Read More

IN BRIEF: Quadrise raises GBP1.0 million in oversubscribed open offer

12th Apr 2024 18:18

Quadrise PLC - London-based clean energy technology provider - Says open offer oversubscribed for total of 112.4 million new shares compared to the 82.2 million available. As a result, says a scaling back exercise has become effective, with all applications being met and excess applications scaled back pro-rata to 45% of the number of shares applied for. As a result, 82.2 million shares will be issued at 1.25 pence each, raising around GBP1.0 million under the open offer. Read More

IN BRIEF: Quadrise shares sink on discounted fundraise

19th Mar 2024 14:27

Quadrise PLC - London-based clean energy technology provider - Completes fundraise for GBP1.5 million through the placing of 118.9 million shares and a subscription offer for a further 1.1 million shares. Both offers were conducted at an issue price of 1.25 pence per share, representing a 15% discount to the company's Thursday closing price of 1.47p. The company also announces an open offer for certain shareholder for 82.2 million shares at the same issue price, which it expects to raise an additional GBP1 million. Read More

EARNINGS AND TRADING: JPMorgan US Smaller optimistic; Burford buyback

18th Mar 2024 19:06

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

TRADING UPDATES: Biome wins contract; Orosur Mining raises GBP500,000

15th Feb 2024 15:49

(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

Quadrise shares jump on MSAR and bioMSAR fuel trial deal

6th Feb 2024 10:00

(Alliance News) - Quadrise PLC on Tuesday said it has sealed a collaboration deal with Cargill NV and MAC2 Solutions NV for the production of MSAR and bioMSAR fuels for its upcoming marine vessel trials. Read More

AIM WINNERS & LOSERS: Quadrise surges; Helium One slides again

6th Dec 2023 11:08

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

Quadrise shares up on fuel testing showing reduction of emissions

6th Dec 2023 10:27

(Alliance News) - Quadrise PLC on Wednesday hailed results from its bioMSAR fuel testing, reporting reduced carbon dioxide emissions. Read More

TRADING UPDATES: Molten Ventures completes raise; Saietta proposes one

27th Nov 2023 19:03

(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

Quadrise shares rise as biofuel projects make strong progress

27th Nov 2023 11:43

(Alliance News) - Quadrise PLC on Monday said development of its MSAR and bioMSAR fuels has progressed well so far in 2023, as it starts in earnest seeking to "quickly scale up" with help from new commercial partners. Read More

Quadrise shares rise on successful industrial demonstration test

22nd Nov 2023 12:30

(Alliance News) - Quadrise PLC shares rose on Wednesday, after it announced the successful completion of industrial demonstration tests at its client's site in Morocco. Read More

LONDON MARKET MIDDAY: Stocks mixed moments before Autumn statement

22nd Nov 2023 11:57

(Alliance News) - Stock prices in London were mixed at midday Wednesday, with the FTSE 100 edged down slightly, as investors eye the Autumn statement. Read More

AIM WINNERS & LOSERS: Quadrise hails successful fuel demos in Morocco

22nd Nov 2023 11:12

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

UK shareholder meetings calendar - next 7 days

20th Nov 2023 15:44

Read More

TRADING UPDATES: Amaroq wins two new exploration licences in Greenland

31st Oct 2023 14:23

(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

Quadrise loss for the year widens on higher costs; posts no revenue

2nd Oct 2023 11:43

(Alliance News) - Quadrise PLC on Monday said its full-year loss widened as expenses grew, and warned investors that there was uncertainty over the firm as a going concern. Read More

IN BRIEF: Quadrise's Morocco trial site not directly affected by quake

12th Sep 2023 12:52

Quadrise PLC - London-based residual oil technology that produces synthetic heavy fuel oil MSAR - Provides an update on its fuel trial in Morocco, saying it remains "in close touch" with the client and notes that the client team and operations at the fuel trial site were not directly affected by the recent earthquake. Says it continues to monitor the situation closely, with a Quadrise team now on site installing and commissioning the replacement pump. Says the trial will re-commence at the next available client production window, which is now estimated to be early next month. Read More

IN BRIEF: Quadrise's Morocco trial site not directly affected by quake

12th Sep 2023 12:52

Quadrise PLC - London-based residual oil technology that produces synthetic heavy fuel oil MSAR - Provides an update on its fuel trial in Morocco, saying it remains "in close touch" with the client and notes that the client team and operations at the fuel trial site were not directly affected by the recent earthquake. Says it continues to monitor the situation closely, with a Quadrise team now on site installing and commissioning the replacement pump. Says the trial will re-commence at the next available client production window, which is now estimated to be early next month. Read More

IN BRIEF: Quadrise says Valkor project in Utah now awaits only finance

29th Aug 2023 10:51

Quadrise PLC - London-based residual oil technology that produces synthetic heavy fuel oil MSAR - Says site licence agreement with Valkor Technologies LLC for heavy oil project in the US state of Utah now is conditional only on Valkor's receipt of project finance of at least USD15 million. The comment by Quadrise comes after a decision by the Utah Board of Oil, Gas & Mining on Wednesday last week to not grant a unitisation request by Valkor. This would have treated the pilot drilling area as a single unit with closer spacing of wells. Valkor says the regulatory decision doesn't harm the primary project site development plan, nor its ability to raise finance. With a drilling permit expected to be issued by the Utah Department of Oil, Gas & Mining in early September, the financing is the only remaining condition for Quadrise to award the conditional site license to Valkor. It expects Valkor to start heavy oil drilling activities in the fourth quarter of this year. Read More

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