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Lastest Finance News

IN BRIEF: Corpus Resources raises GBP99,000 via share placing

11th Feb 2025 16:36

Corpus Resources PLC - London-based oil and gas company formerly known as Curzon Energy PLC - Raises GBP99,000 before expenses through placing 660 million shares at 0.015 pence each. The placing shares will represent around 25% of Corpus' enlarged share capital, and were at an approximate 33% discount to the mid-market price of 0.0225p on Tuesday. Each placing share has an attaching warrant grant, exercisable at 0.050p per share. The warrants will expire three years from the admission of the placing shares to trading. Net proceeds from the placing will be used for working capital and to progress reverse takeover efforts. Read More

IN BRIEF: Oracle Power makes progress on Northern Zone mining lease

11th Feb 2025 16:05

Oracle Power PLC - Australia and Pakistan-focused projects developer - Says the Resource Tenor branch of the Australian Department of Energy, Mines, Industry Regulation & Safety has advised that the notification period for Oracle's M25/389 mining lease application under section 29 of the Native Title Act will end on May 29. Oracle says its future drilling campaign will be guided by the "promising" drill results to date at the Northern Zone gold project, and will establish a mineral resource estimate. Read More

Time Finance reaches all-time high for Hard Asset lending portfolio

11th Feb 2025 15:23

(Alliance News) - Time Finance PLC on Tuesday said its Hard Asset lending portfolio, the focus of its Asset Finance business, has reached an "all-time record high" of more than GBP100 million. Read More

IN BRIEF: Finsbury Growth portfolio manager buys 32,500 shares

11th Feb 2025 15:07

Finsbury Growth & Income Trust PLC - London-based trust investing in shares of predominantly UK-listed companies - Portfolio Manager Nick Train buys 32,500 shares at 958.50 pence each, worth GBP311,513, on Tuesday in London. This brings his total stake in the company to 3.7%, or 5.5 million shares. Read More

Marula Mining reinforces confidence in NCLT project in South Africa

11th Feb 2025 14:25

(Alliance News) - Marula Mining PLC on Tuesday highlighted a "compelling opportunity for near-term production" in South Africa following a site visit to a project. Read More

Strategic Minerals finds further tungsten and copper at Cornwall site

11th Feb 2025 14:22

(Alliance News) - Strategic Minerals PLC on Tuesday said it has identified additional tungsten and copper mineralisation at the Redmoor Project in Cornwall, England. Read More

CleanTech Lithium raises GBP2.4 million to fund capital programmes

11th Feb 2025 14:16

(Alliance News) - CleanTech Lithium PLC on Tuesday said it has raised GBP2.4 million through a share placing to fund progress on capital programmes. Read More

Rockfire Resources says new zinc zone in Greece could double resources

11th Feb 2025 13:44

(Alliance News) - Rockfire Resources PLC on Tuesday said a survey at the Gkagkania prospect within the Molaoi licence in Greece has found a second zinc zone. Read More

IN BRIEF: Aurora UK Alpha begins share buyback programme

11th Feb 2025 13:35

Aurora UK Alpha PLC - London-based investment trust and alternative investment fund - Launches share buyback programme capped at 11.4 million shares, or 10.0% of total share capital. The company says it believes a buyback programme is an attractive use of capital and will be financed through its cash resources. The shares will be held in treasury for later reissue or cancellation at the company's discretion. Read More

"Highest level" of security given to UK wind farms, amid China worries

11th Feb 2025 13:33

(Alliance News) - Wind farms in the UK are subject to the "highest levels of national security", Downing Street has stressed, amid reports ministers could sign off on Chinese involvement in a major North Sea project. Read More

UK "engaging" with US on steel tariff detail — PM Starmer's spokesman

11th Feb 2025 13:30

(Alliance News) - Britain is "engaging" with the US on the detail of President Donald Trump's steel tariffs, Prime Minister Keir Starmer's spokesman said Tuesday, in contrast to firm responses by Canada and the EU. Read More

UK appears not to have signed leaders' declaration at AI summit

11th Feb 2025 13:28

(Alliance News) - The UK appears not to have signed a leaders' declaration at the climax of the AI Action Summit in Paris. Read More

Hercules Site Services completes disposal of Suction Excavator arm

11th Feb 2025 12:34

(Alliance News) - Hercules Site Services PLC on Tuesday said it has completed the disposal of its Suction Excavator business for a total of GBP2.4 million. Read More

Power Metal Resources plans partial disposal of Guardian Metal stake

11th Feb 2025 12:09

(Alliance News) - Power Metal Resources PLC on Tuesday said it intends to sell part of its stake in Guardian Metal Resources PLC for a total of GBP9.2 million before costs. Read More

Rome Resources moves base and continues drilling amid Congo conflict

11th Feb 2025 12:08

(Alliance News) - Rome Resources PLC on Tuesday said drilling operations have continued "uninterrupted" despite ongoing conflict in the eastern Democratic Republic of Congo. Read More

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