i3 Energy's subsidiary sells royalty assets for USD24.8 million
17th Apr 2024 13:02
(Alliance News) - i3 Energy PLC on Wednesday said that its subsidiary, i3 Energy Canada Ltd, has signed a deal for the sale of several royalty assets. Read More
(Alliance News) - i3 Energy PLC on Wednesday said that its subsidiary, i3 Energy Canada Ltd, has signed a deal for the sale of several royalty assets. Read More
(Alliance News) - The UK economy is expected to grow 0.4% in 2024 and accelerate in 2025, according to an average of City forecasts compiled by the UK government and issued on Wednesday. Read More
Europa Oil & Gas Holdings PLC - UK and Ireland-focused oil and gas exploration, development and production company - Pretax loss narrows 20% to GBP1.0 million in the six months to GBP1.0 million from GBP1.3 million a year prior. Revenue dives to GBP1.4 million from GBP3.7 million, which it says was due to the three-month shut-in period at Wressle in the East Midlands. Total cost of sales decrease 28% to GBP1.6 million from GBP2.2 million. Notably, reports no exploration write off cost, compared to GBP1.7 million a year prior. Looking ahead, Chief Executive Officer Will Holland says: "As we have alluded to in the past, we are always looking for additional geographies where we can reallocate our inhouse expertise. Such an opportunity arose in Equatorial Guinea towards the end of last year, where we are investing in a very high-quality licence with three drill-ready and potentially transformational prospects." Read More
(Alliance News) - Empire Metals Ltd on Wednesday said it had renegotiated the terms of one of its joint ventures. Read More
Quantum Exponential Group PLC - invests in quantum technology - Remains in discussion with an investor group regarding a "potential substantial investment in the company." Says there can be no certainty on outcome of discussions. Read More
(Alliance News) - Oracle Power PLC on Wednesday announced the successful completion of an environmental & social impact assessment for its Pakistan power plant, allowing the development project to progress. Read More
(Alliance News) - Stock prices in London were higher on Wednesday, shaking off a hotter-than-expected UK consumer price index reading, and a warning from Federal Reserve Chair Jerome Powell on the fight to contain inflation in the US. Read More
(Alliance News) - EP Corporate Group AS on Wednesday said International Distributions Services PLC, the owner of Royal Mail, had rejected a bid proposal. Read More
(Alliance News) - ReNeuron Group PLC on Wednesday announced Chief Financial Officer John Hawkins will be stepping down from his role on May 7. Read More
(Alliance News) - Equals Group PLC said it extended the deadline for Embedded Finance Ltd and TowerBrook Capital Partners UK LLP to announce whether they intend or not intend to make a takeover offer. Read More
(Alliance News) - Time Out Group PLC on Wednesday said it has struck a management deal with Corvin Food Market Kft for the opening of a new Time Out Market in Budapest. Read More
(Alliance News) - Eckoh PLC announced on Wednesday that it has expanded its global Secure Voice Cloud platform footprint, enhancing its availability and geographic reach for its customers. Read More
Bradda Head Lithium Ltd - The North America-focused lithium developer - Completes drilling of four widely spaced holes for a total of 4,330 feet from a planned programme of 8,800 feet/2,680 meters at the Basin lithium in clay project in Arizona, US. Says the holes have been logged, sampled, and shipped to the laboratory, with results pending. Drilling of a fifth hole is in progress. The drilling of a further three holes has been planned. The programme is scheduled to complete in early May, it adds. Chair Ian Stalker says: "Drilling the Basin North clays has been an exciting and promising program. Thus far; we're finding excellent clay thicknesses, as expected, and some clay depths have been shallower than anticipated,which is an encouraging result that supports the viability and potential of this project." Read More
(Alliance News) - Safestay PLC on Wednesday celebrated a management contract for an independent hostel in Spain for an initial 20-year term. Read More
(Alliance News) - De La Rue PLC on Wednesday said it expects yearly profit to be in line with guidance, with its Authentication unit achieving a GBP100 million revenue goal. Read More