UPDATE: TT Electronics says Volex offer fundamentally undervalues firm
(Alliance News) - TT Electronics PLC on Friday confirmed it has rejected Volex PLC's takeover proposal, with a higher bid from a third party also being declined. Read More
(Alliance News) - TT Electronics PLC on Friday confirmed it has rejected Volex PLC's takeover proposal, with a higher bid from a third party also being declined. Read More
(Alliance News) - Firering Strategic Minerals PLC on Friday announced significant funding progress for its Limeco quicklime project in Zambia, which is on track for phased commissioning by late 2024. Read More
(Alliance News) - Craven House Capital PLC on Friday said its loss narrowed during its most recent financial year, as it also narrows its loss on the fair value of its investments. Read More
(Alliance News) - Scottish Oriental Smaller Cos Trust PLC on Thursday said that Taiwan and Korea have witnessed increased investor enthusiasm amid opportunities provided by artificial intelligence. Read More
Helium One Global Ltd - Tanzania-focused helium exploration company - Says the Colorado Energy & Carbon Management Commission has approved permits to drill five more helium development wells at the Galactica-Pegasus project in Las Animas County in Colorado. These wells will form part of the initial gas gathering into the Galactica helium production facility, along with the State 16 well, which is suspended ahead of tie-in to production. Helium One completed a farm-in agreement with Blue Star Helium Ltd at the project at the beginning of November, and drilling is expected to begin in the fourth quarter of this year. Read More
(Alliance News) - BHP Group Ltd's capital outlay earmarked for its planned copper projects will put its balance sheet under pressure, according to Berenberg. Read More
Hargreave Hale AIM VCT PLC - Venture capital trust investing primarily in companies listed on the AIM market in London - entering closed period from today until it releases its financial results for year ended September 30. Hargreave not prohibited from repurchasing its own shares or issuing new shares as long as new information is disclosed through appropriate regulatory channels. Read More
Tertiary Minerals PLC - mineral development company focused on deposits in the US, Zambia and northern Europe - Says drilling has begun at its 100%-owned Brunton Pass copper-gold project in Nevada. It plans to drill four reverse circulation percussion holes, two of which will test for skarn and porphyry copper mineralisation. The other two holes will test coincident geophysical and geochemical anomaly for epithermal gold-silver mineralisation. Drilling is expected to finish in early December, with early results anticipated early in the new year. Read More
(Alliance News) - Tekcapital PLC on Thursday noted investee Innovative Eyewear Inc revenue grew in the third quarter of 2024, and on Friday announced it has raised USD1.0 million through a placing and subscription. Read More
(Alliance News) - GreenRoc Strategic Materials PLC on Friday revealed its Amitsoq exploitation licence has been approved as it progresses further with the project. Read More
(Alliance News) - Stock prices in London were mostly higher at midday on Friday, despite disappointing data including weaker-than-expected gross domestic product growth. Read More
(Alliance News) - Altitude Group PLC on Friday said it expects strong revenue and profit growth for the six months ended September 30 despite subdued market conditions in the promotional products industry. Read More