AIM WINNERS & LOSERS: Billington expects profit to top forecasts
11th Dec 2024 10:44
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - Sound Energy PLC on Wednesday said it has completed the sale of its Moroccan assets for up to USD45.2 million. Read More
Sound Energy PLC - gas development projects in Morocco - Secures Moroccan government approval for the sale of its Moroccan assets to local company Managem SA. Sound Energy on Monday confirms it has received formal approval from the minister of Energy Transition & Sustainable Development for the sale of Sound Energy Morocco East Ltd, the holder of the assets. The approval allows the subsidiary to continue as the operator of the Tendrara exploitation concession and of the Anoual and Grand Tendrara exploration permits following its transfer to Managem. The deal for USD45.2 million was first announced back in June. Sound Energy will continue to hold 20% of the Tendrara production concession and just under 28% working interests in each of the Anoual and Grand Tendrara exploration permits. Some deal conditions remain, and Sound Energy says it will make further announcements. Read More
(Alliance News) - Sound Energy PLC on Thursday reported a sharply higher loss as costs relating to impairments increased significantly. Read More
Sound Energy PLC - Moroccan-focused upstream energy company - Enters bridge financing facility agreement for up to GBP1.5 million, available for three months from September 1. Explains that it has agreed the facility with a "high-net-worth individual" trading as 2i Partners, introduced by Lyndisfarne Partners Ltd. Sound Energy has not yet drawn down any funds under the facility, which if required, will give it access to additional working capital resources. Any amounts drawn under the facility will attract an interest rate of 15% per quarter. Sound Energy will pay the lender GBP50,000 in the event that no draw down is made prior to expiry of the availability period. 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
(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) - Sound Energy PLC on Tuesday said that it has released and demobilised the Star Valley Rig 101, having conducted planned work over operations at its site in Tendrara, Morocco. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Sound Energy PLC on Friday said work over operations have begun in preparation for the commencement of gas extraction at wells TE-6 and TE-7 in the Tendrara concession. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and Tuesday 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
(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) - Sound Energy PLC noteholders on Monday voted in favour of restructuring the company's bonds. 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 of London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Sound Energy PLC - London-based, Morocco-focused upstream gas company - Says its Morocco assets are unaffected by the recent earthquake on Friday last week. This is after completing a survey of its assets located in its Sidi Moktar onshore exploration permits, located around 100 kilometres to the northwest of the earthquake epicentre, in which it found none were affected by the earthquake and all personnel were accounted for. Notes its other assets are located a significant distance from affected areas and so are also therefore unaffected. Read More
Sound Energy PLC - London-based, Morocco-focused upstream gas company - Receives conversion notices to issue 22.2 million shares at a conversion price of 2.25 pence each under an existing GBP2.5 million convertible loan note agreement, the terms of which were announced on June 13. The partial conversion reduces the amount owing on the convertible notes by GBP500,000, with GBP1.5 million remaining. Read More