11th Dec 2025 10:17
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday.
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AIM - WINNERS
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Ethernity Networks Ltd, up 3.9% at 0.0054 pence, 12-month range 0.0052p-0.13p. The data processing semiconductor technology provider says it remains confident in securing a partnership for the development of its planned ASSP device, and that a growing number of leading original equipment manufacturers have expressed interest in receiving the ASSP and acting as early adopters. Also says a long-standing OEM customer completed its second ASIC development earlier this year under the USD800,000 agreement signed in November 2023, and that it anticipates increased royalty revenues from this engagement during 2026. Additionally, Tier-1 US PON vendors have placed an order for an additional 2,000 unit licenses, and a Tier-1 US defence and aerospace customer has delivered a product based on Ethernity's IP to market and expects the client to purchase additional platform-use licenses next year.
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AIM - LOSERS
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Alien Metals Ltd, down 18% at 0.098p, 12-month range 0.095p-0.105p. The minerals explorer and developer launches a placing of 2.0 billion shares at 0.09p each to raise GBP1.8 million. Will also issue 666.7 million warrants to subscribers, entitling holders to subscribe for one additional share per warrant at an exercise price of 0.135p. Also, Alien intends to appoint Michael Carter as a new independent non-executive director, and Bennelong Resource Capital Pty Ltd has agreed to convert GBP250,000 of the convertible notes it holds, pursuant to the existing funding facility announced in March, into 277.8 million common shares at the placing price. The repayment date of the balance of the funding facility is extended from December 31 to June 30. Alien says the placement's net proceeds will go towards progressing work on its iron ore projects in Western Australia, general working capital and operational requirements, and the partial or complete repayment of the funding facility.
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Nativo Resources PLC, down 21% at 0.25p, 12-month range 0.225p-3.6p. The Peru-focused gold miner says temporary access to the underground workings at the Bonanza gold mine on the Tesoro gold concession is now available, enabling the enabled the engineering team to assess stability and collect detailed underground samples to confirm the geological model. Expects full rehabilitation of the mine access to be completed by the selected mining contractor once mobilised. Expects to formally appoint a mining contractor next week, followed by mobilisation to the site in January. Explains: "This represents a modest scheduling delay, driven primarily by the Christmas period and the exceptionally high activity levels across Peru's mining sector due to record gold prices, which has made securing specialised labour more challenging than anticipated." Chief Executive Officer Stephen Birrell says that "Nativo remains well positioned to resume small-scale mining at Bonanza in early 2026, while simultaneously maturing additional targets that may provide further production capacity in the medium term."
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By Emma Curzon, Alliance News reporter
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Related Shares:
Ethernity NetAlien MetalsNativo Resources