boohoo receives lender consent for recent GBP39.3 million equity raise
25th Nov 2024 12:52
(Alliance News) - boohoo Group PLC on Monday said it has received lender consent for its recent GBP39.3 million equity fundraising. Read More
(Alliance News) - boohoo Group PLC on Monday said it has received lender consent for its recent GBP39.3 million equity fundraising. Read More
(Alliance News) - Utilico Emerging Markets Trust PLC on Monday reported a decline in its half-year net asset value, as it grappled with "elevated volatility". Read More
BWA Group PLC - company which has mineral exploration licences in Cameroon and Canada - Pretax loss widens to GBP156,060 in the financial year that ended June 30 from GBP53,202 in the 18 months to June 30, 2023. Income from management fees declines by 46% to GBP260,000 from GBP480,000. Administrative costs decrease 9.2% to GBP393,040 from GBP432,882. Chair Jonathan Wearing says: "The last financial year has been one of progress for the company, both in terms of settling the dispute around Kings Of The North and our exploration activities in Cameroon. Since financial year-end Peter Taylor, formerly the chief executive officer of Pathfinder Minerals PLC, has joined the board, bringing a wealth of mining experience and knowledge of working in Cameroon. Further exploration drilling has been undertaken in the Dehane 2 licence area and is currently underway in Dehane 1, financed by further equity investment of GBP450,000 raised towards the target of GBP1million set by the board. The results of sample analysis from the Dehane 1 and 2 areas will be announced in due course." Read More
Falcon Oil & Gas Ltd - Australia, Hungary and South Africa-focused oil and gas company - Begins the spudding of its Shenandoah S2-4H horizontal well in the Beetaloo Sub-basin in the Northern Territory in Australia, with subsidiary Falcon Oil & Gas Australia Ltd's joint venture partner Tamboran B2 Pty Ltd. It expects to drill to a depth of 20,669 feet, including a horizonal section of around 10,000 feet, targeting the Amungee Member B-shale. Read More
(Alliance News) - The Bank of England should be "vigilant" over a potential economic slowdown in the UK, according to a deputy governor. Read More
(Alliance News) - Stock prices in London surrendered some earlier gains but were still higher on Monday, kicking off the week positively as the US Treasury secretary pick was deemed market-friendly. Read More
(Alliance News) - Ajax Resources PLC on Monday said its loss narrowed in the first half as it continues to screen "production and development opportunities". Read More
(Alliance News) - Nativo Resources PLC on Monday said its joint venture partner, Boku Resources SAC, has entered into a sales agreement with a gold ore processing plant in the Arequipa region in Peru. Read More
DSW Capital PLC - Warrington, England-based professional services via Dow Schofield Watts and DR Solicitors brands - Promotes Deputy Chief Executive Officer Shru Morris to CEO-designate. Morris, who joined DSW in August, will success James Dow on April 1. Dow co-founded DSW with Jon Schofield and Mark Watts back in 2002. DSW notes that Morris was involved in the "transformational" acquisition of DR Soliciters Ltd for GBP6.1 million, which completed last month. DSW also promotes Pete Fendall, currently chief operating officer & interim chief financial officer, to chief finance & operating officer. Read More
(Alliance News) - Mkango Resources Ltd shares soared on Monday after it said a feasibility study on the development of a rare earth magnet recycling and manufacturing operation showed "robust economics". Read More
(Alliance News) - Hummingbird Resources PLC said on Monday that its Kouroussa gold mine in Guinea has reached commercial production, though output has fallen short of target levels. Read More
(Alliance News) - Rachel Reeves' budget caught firms "off guard" and will undermine investment and jobs, the head of one of Britain's leading business groups has said. Read More
RC365 Holding PLC - London-based provider of remittance and payment services in east and south east Asia - Sells Hong Kong incorporated subsidiary RCPay Ltd for HKD400,000, about GBP40,860, in cash. RC365 says it will continue to provide the same services, including foreign exchange and payment card offerings, via its UK incorporated RCPay Ltd subsidiary. "The divestiture of RCPAY HK provides an opportunity to realise value from the restructuring of the RCPay business while not impacting the group's ability to continue to service its customers and execute on its partnership agreements," says Chief Executive Officer Michael Law. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - Ondo InsurTech PLC on Monday said it has restructured vendor loan notes issued to its largest shareholder, HomeServe Assistance Ltd, a Walsall, England-based multinational specialising in home emergency repairs and improvements. The loan notes were originally issued as part of Ondo InsurTech's 2022 acquisition of the LeakBot business. Read More