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Quadrise (QED) Share News

IN BRIEF: Quadrise gets GBP2 million total from placing and open offer

26th Jul 2023 13:30

Quadrise PLC - London-based residual oil technology that produces synthetic heavy fuel oil MSAR - Open offer of shares at 1.25 pence each gets acceptances for 67.6 million shares, 38% of the 175.9 million shares on offer, raising GBP840,000. Together with its share placing at the same price, Quadrise raises GBP1.9 million in total. The cash will be used to progress operations and active projects and strengthen its balance sheet, the company previously had said. Read More

UPDATE: Quadrise raises GBP1.1 million from placing of new shares

7th Jul 2023 11:53

Quadrise PLC - London-based innovator and licensor of residual oil technology, which produces the synthetic heavy fuel oil MSAR - Says it has conditionally raised gross proceeds of GBP1.1 million. This is after a placing of 88.0 million new shares at a price of 1.25 pence. Expects to raise up to GBP2.2 million in additional gross proceeds via the launch of an open offer to qualifying shareholders. Read More

AIM WINNERS & LOSERS: Aptamer shares claw back some lost ground

7th Jul 2023 10:37

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

IN BRIEF: Quadrise launches fundraise to advance projects, shares drop

7th Jul 2023 10:01

Quadrise PLC - London-based innovator and licensor of residual oil technology, which produces the synthetic heavy fuel oil MSAR - Intends to conduct a placing of 140 million shares at 1.25 pence to raise no less than GBP1.0 million. Also launches open offer to shareholders of up to a maximum of GBP2.3 million. Says fundraise is to progress operations and active projects and will strengthen its balance sheet. Read More

Quadrise shares edge up on plans to resume project in Morocco

22nd Jun 2023 10:46

(Alliance News) - Quadrise PLC on Thursday said that its paused project in Morocco will resume "at the next available opportunity", following the arrival of its necessary parts and spares. Read More

AIM WINNERS & LOSERS: Ovoca Bio drops as Orenetide study delayed

12th Jun 2023 10:13

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

Quadrise shares soar on Valkor site licence and supply agreement

12th Jun 2023 10:11

(Alliance News) - Quadrise PLC on Monday said it reached a site licence and supply agreement with Valkor Technologies LLC for the use of its MSAR and bioMSAR technology at Valkor's heavy oil asset in Utah. Read More

Quadrise collaborates with BTG Bioliquids on fast pyrolysis technolgy

8th Jun 2023 11:53

(Alliance News) - Quadrise PLC on Thursday announced a joint development agreement with BTG Bioliquids BV to use fast pyrolysis bio-oil technolgy as a cost-effective and renewable fuel source in its bioMSAR solution. Read More

AIM WINNERS & LOSERS: Rockfire boasts record zinc grades at Molaoi

26th May 2023 10:27

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

IN BRIEF: Quadrise notes successful testing on bioMSAR with Vertoro

26th May 2023 09:33

Quadrise PLC - London-based innovator & licensor of residual oil technology, producing a synthetic heavy fuel oil called MSAR - Says first phase of engine testing with Vertoro BV joint-venture confirms material improvements in efficiency and emissions reductions with bioMSAR fuel. Says it has produced stable blends of bioSMAR containing up to 40% of Vertoro's crude sugar oil, which shows energy efficiency improvements of 7%, resulting in reduced fuel consumption and lower carbon dioxide emissions. Quadrise and Vertoro have been working together since September last year to develop a cost-effective supplement or alternative to glycerine in Quadrise's bioMSAR fuel. Read More

IN BRIEF: Quadrise shares down as fuel trial testing delayed

22nd May 2023 11:48

Quadrise PLC - London-based innovator & licensor of residual oil technology, producing a synthetic heavy fuel oil called MSAR - Says the industrial demonstration test has started this week in Morocco in line with the client's production schedule. Says the personnel at the client site confirms the MSAR and bioMSAR fuel quality and fully commissions its pumping and heating unit at load. However, says while running the client's initial unit warm-up sequence using MSAR fuel, a mechanical component in the PHU fails, which had reduced the "available unit load achievable from the Quadrise burner". As a result, Quadrise says it is unable to finish the testing during May as originally planned. Says the parties agree to pause the trial. Read More

IN BRIEF: Quadrise reports progress with projects in US and Morocco

16th May 2023 18:41

Quadrise PLC - London-based innovator & licensor of residual oil technology, producing a synthetic heavy fuel oil called MSAR - Provides update covering progress on each of its key projects. In Morocco, says the industrial demonstration test is now scheduled to commence in May. Upon success, the parties will enter discussions for potential commercial supply, with a view to signing a fuel supply agreement in the third quarter. Adds discussions with third party fuel suppliers for the proof-of-concept and letter of no objection trials on board the MSC Leandra are progressing positively. Says the intended outcome of these discussions is to conclude a tripartite agreement between the supplier, MSC and Quadrise as soon as possible. Further, in Utah - Quadrise and Valkor are finalising terms for the supply of a licence, services and manufacturing unit to enable Valkor to produce MSAR and bioMSAR for the first project, and conditional sub-licensing of the technology for other heavy oil projects in Utah. Read More

TRADING UPDATES: Shanta profit jumps; Octopus Renewables optimistic

29th Mar 2023 13:18

(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

IN BRIEF: Quadrise confirms that name change is now complete

28th Mar 2023 13:29

Quadrise PLC - London-based innovator & licensor of residual oil technology, producing a synthetic heavy fuel oil called MSAR, formerly known as Quadrise Fuels International PLC - Says new company name "Quadrise PLC" has now been formally registered at Companies House. The change of name took effect on Tuesday. The company's ticker has also changed to 'QED' from 'QFI'. Read More

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