AIM WINNERS & LOSERS: Challenger Energy up on Chevron farm-out deal
6th Mar 2024 09:25
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. 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 Wednesday and not separately reported by Alliance News: Read More
Verditek PLC - London-based producer of lightweight solar panels - Says talks with the bondholders in relation to the proposed disposal of its solar business are progressing positively. Earlier in February, Verditek agreed to sell the business to a new company established by holders of Verditek's secured convertible loan notes, for GBP528,340 in notes and GBP50,000 in cash. Furthermore, company says it has implemented additional measures to reduce cash burn. This means that Verditek has extended its current cash runway until the end of the week beginning March 4. Warns that should talks not complete, the directors will likely consider alternative routes including, potentially, a liquidation of the company. Read More
Verditek PLC- London-based producer of lightweight solar panels - Agrees terms to sell its solar business to a new company, which will be established by the holders of Verditek's secured convertible loan notes for GBP528,340 in notes and GBP50,000 in cash. Upon disposal, Verditek will be regarded as an AIM rule 15 cash shell. Verditek will therefore need to, within six months, make an acquisition or acquisitions which constitute a reverse takeover. Says that it is currently in discussions with "a group of individuals", who it is proposed would come in as a new management team with a view to completing a fundraise of about GBP300,000. The aim would be to conduct a reverse takeover within 6 months of completion of the disposal. "There is no guarantee that this proposal will proceed as it still at an exploratory stage and the company will update the market with more information as soon as it is available," Verditek adds. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. 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) - Verditek PLC on Wednesday expressed the urgency of a fundraise in the next few months, as its cash resources become increasingly limited. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - Verditek PLC on Friday said it has raised GBP500,000 through a subscription of 111.1 million new shares, for general working capital purposes. Read More
(Alliance News) - Verditek PLC on Tuesday said it signed a memorandum of understanding with Net Zero Valley, a global impact private equity and real estate investment firm and alternative fund manager. 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
(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
Verditek PLC - London-based solar panel producer - Says it has received a solar panel order from Roof Tile Group worth EUR167,500, which will be delivered in the next 12 weeks. Adds that this follows an initial trial in 2020 to trial integrated solar tiles for housing projects, as well as earlier orders worth EUR17,000 and EUR41,000 for panels used in a development phase during the past nine months. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - Stocks in London closed down on Friday, and ended the week sharply lower, as markets on both sides of the Atlantic remained anxious about troubles in the banking sector. Read More
(Alliance News) - European equities succumbed to late-morning selling pressure on Friday, as fear of a banking crisis mounted again, with Credit Suisse shares in the red once more. Read More