26th Aug 2025 10:18
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday.
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AIM - WINNERS
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Oriole Resources PLC, up 95% at 0.39 pence, 12-month range 0.15p-0.375p. The West and Central Africa-focused gold exploration firm reports "further significant results" from phase 1 drilling at its 90%-owned Mbe orogenic gold project in Cameroon. Says results from holes MBDD018 to MBDD020 have returned 31 mineralised gold intersections at the MB01-S target, with grades up to 119.10 grams of gold per tonne. This takes the total number to 285 gold-bearing intersections in the programme to date, with "a discovery rate of more than one intersection every [21 metres]". Oriole says the results underpin and extend the current exploration target, "with multiple zones of high-grade mineralised material identified outside the existing mineralisation model". Also notes that five samples from artisanal pits outside the defined exploration target returned grades of up to 13.10 g/t gold. Chief Executive Martin Rosser says that "with the system remaining open in all directions, the potential scale of Mbe is currently uncapped and is therefore hugely exciting".
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Guardian Metal Resources PLC, up 28% at 95.00p, 12-month range 23p-92.5p. The Nevada-focused tungsten exploration company says it has become a member of the US government's Defense Industrial Base Consortium and Cornerstone Program. Says the DIBC is focused on "identifying, developing, and testing cutting-edge capabilities, while also addressing supply chain issues, critical mineral extraction, and scaling emerging technologies". Cornerstone, managed by the US Army, "focuses on developing prototype projects and capabilities to address specific needs within the defence-related industrial base, such as improving artillery systems or enhancing the supply chain for critical materials". Guardian says being in the DIBC provides potential opportunities to access funding and partnerships. "Collectively, these milestones underscore the strategic importance of our tungsten projects to US national security, and we look forward to further strengthening our relationship with the US government in support of these critical objectives," says Guardian's Oliver Friesen.
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AIM - LOSERS
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LifeSafe Holdings PLC, down 11% at 2.90p, 12-month range 2.75p-12.5p. The Essex, England-based fire safety technology developer has raised approximately GBP700,000 through a subscription of 23.9 million new shares. Also says it will early on Wednesday launch a retail offer for up to 16.7 million new shares to raise up to around GBP500,000. LifeSafe says it is "currently working capital constrained" and the fundraise aims to strengthen its balance sheet and provide capital "to meet its current and future liabilities...through to the company becoming profitable during 2026". Says that it will need to seek urgent alternative financing if it cannot complete the fundraise. Also, LifeSafe proposes delisting from AIM and intends to re-register as a private company, noting the "considerable annual cost" of maintaining its admission, difficulties in attracting "meaningful new shareholders", and that it does not believe the current stock price "accurately reflects [its] potential or underlying prospects".
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By Emma Curzon, Alliance News reporter
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Related Shares:
Oriole ResourcesGuardian Metal Resources PLCLifesafe Hldg