16th May 2025 10:15
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday.
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AIM - WINNERS
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Mirriad Advertising, up 24% at 0.014 pence, 12-month range 0.010p-1.33p. The London-based in-content advertising and virtual product placement company raises around GBP100,000 via a retail offer of 1.04 billion new shares at 0.01p each. This bring the total raised by the group to GBP1.6 million, through the retail offer and a placing of 15.00 billion shares at 0.001p which raised gross proceeds of GBP1.5 million. The fundraising follows warnings in early May that the company may be forced to go into administration in the absence of an "immediate injection of capital".
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eEnergy Group PLC, up 21% at 6.00p, 12-month range 3.80p-7.10p. The net zero energy services provider partners with energy-as-a-service and data solutions provider Redaptive to provide up to GBP100 million to eEnergy customer projects in the UK that have been approved by Redaptive. eEnergy says the deal will provide it with "incremental business" with the opportunity to manage and deliver LED and solar projects on behalf of Redaptive's European customer base. "This is a game-changing partnership," says eEnergy Chief Executive Officer Harvey Sinclair. "Redaptive's decision to provide up to GBP100 million unlocks a massive growth opportunity for eEnergy, giving us the firepower to deliver more funded decarbonisation projects, faster, and across every sector. As their lead UK delivery partner, we're not just accessing capital - we're joining forces with a global player to deliver scale."
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AIM - LOSERS
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Mosman Oil & Gas, down 21% at 0.048p, 12-month range 0.019p-0.080p. The helium, hydrogen, and hydrocarbon exploration company raises GBP1.3 million before expenses via a placing of 2.78 billion shares at 0.045p each. Net funds from the placing with be used for the extended flow test of the helium zone at its Sagebrush-1 well; to progress putting Sagebrush-1 on production; to progress the development of the Sagebrush area, and for other working capital requirements. Mosman also now intends to launch a retail offer at the same issue price for up to GBP300,000.
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By Emily Parsons, Alliance News reporter
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Related Shares:
Mirriad AdvertisingeEnergy GroupMosman Oil & Gas