(Corrected to clarify that the ASIC Ultra Boost patent has not yet been granted, although Quantum's application has received formal approval from the US Patent & Trademark Office.) Read More
(Alliance News) - Stocks in London fell on Wednesday as elevated oil prices and bond yields pushed investors to the sidelines, with looming US jobs data adding to the cautious mood. Read More
(Alliance News) - CT Global Managed Portfolio Trust PLC on Wednesday reported an increased net asset value and dividend for its latest financial year. Read More
Quantum Blockchain Technologies PLC - London-based blockchain research and development - Raises GBP350,000 before expenses through a placing of 140.0 million new shares at 0.25 pence each. Says it will use the net proceeds for continued research and development, testing and optimisation of its proprietary bitcoin mining technologies, including its 'Method C AI Oracle'. Funds will also go towards bringing the recently-granted US patent for its ASIC Ultra Boost to market readiness, as well as porting and integration work with mining hardware and software environments. It will also help fund commercial and business development activities with prospective industry counterparties. Placing funds will be used for general working capital. Read More
(Alliance News) - RentGuarantor Holdings PLC shares surged on Wednesday after the company said it expects full-year revenue to be "materially" above market expectations. Read More
Bluebird Mining Ventures Ltd - British Virgin Islands-based gold streaming, mining and treasury company - Announces completion of disposal of its South Korean interests. Bluebird Mining says it received a nominal cash sum and retained a 2.5% net smelter return royalty over each of the Gubong and Kochang projects. Further, the transaction includes royalty buy-backs in favour of 1575275 BC Ltd, a Canadian mining investment company., exercisable for a consideration of USD2.5 million in respect of each royalty. Bluebird Mining says the disposal strengthens the firm by removing future funding commitments associated with the South Korean projects, and by simplifying the company's corporate structure and reducing legacy complexity, among others. Read More
(Alliance News) - Kendrick Resources PLC on Wednesday announced an important validation milestone at its Teufelskuppe project in Namibia. Read More
(Alliance News) - Andy Burnham has been told that "vibes are not going to work" on defence policy, as the prime minister defended his plans to fund the armed forces during Prime Minister's Questions. Read More
(Alliance News) - UK Prime Minister Andy Burnham has blamed the rising cost of borrowing and market turbulence on the Tory record on ballooning debt and declared "we are turning that corner". Read More
(Alliance News) - UK Prime Minister Andy Burnham has warned Brussels' Made In Europe agenda "could pose significant problems for British steel", as he said he wanted a "closer relationship" with the EU. 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) - Unite Group PLC on Wednesday said that Unite Students and Manchester Metropolitan University have received approval, from England's Building Safety Regulator, to commence the first phase of construction at Cambridge Halls. Read More