11th Nov 2025 10:37
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
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SMALL-CAP - WINNERS
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Zenith Energy Ltd, up 18% at 3.18 pence, 12-month range 1.45p-17p. The oil company with interests in Italy, Tunisia and the US says regional authorities in Lombardy have accepted its exploration permit applications for Italy's two largest uranium deposits, Val Vedello and Novazza. The projects, first developed by AGIP Nucleare SPA in the 1960s and 1980s, together contain an estimated 15 million pounds of uranium oxide0., with extensive existing underground infrastructure. Zenith says the decision marks a "major value-generation opportunity", leaving only environmental impact assessments before final licence approval expected in mid-2026. The company plans to advance the projects through its new Italian subsidiary, Futuro Energetico Italiano Srl, and is exploring options to spin out the uranium assets into a separately listed vehicle.
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Quantum Data Energy PLC, up 8.0% at 18.15p, 12-month range 5.4p-187p. Says it has signed a partnership agreement with datacentre operator Navon World, strengthening its 1-gigawatt AI datacentre power strategy. Navon will join Quantum's existing collaboration with Carbon Zero Markets, with the partners working together to develop modular AI datacentre campuses of 25 to 50 megawatts across the UK and internationally. The developer of reserve power generation plants, formerly known as Mast Energy Developments, adds that it is in talks with one of the UK's largest residential property developers to provide power resilience solutions and explore a joint venture for potential datacentre sites. CEO Pieter Krugel says the deal "bolsters our plans to deliver up to 1GW of AI datacentre-power campuses," with Bristol identified as an early focus location.
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SMALL-CAP - LOSERS
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GSTechnologies Ltd, down 9.4% at 0.725p, 12-month range 0.6p-3.3p. The fintech company says five of six resolutions were passed at its annual general meeting on Tuesday, but shareholders voted against the disapplication of pre-emption rights. Resolution six, which sought authority to issue new shares without offering them first to existing shareholders, was not carried. All other resolutions, including the adoption of accounts, reappointment of directors Bai Guojin and Shayne Tan, and auditor approval, were carried.
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Georgina Energy PLC, down 8.2% at 4.91p, 12-month range 4.25p-11p. The helium and hydrogen exploration company says it has agreed to acquire three subsidiaries of Central Petroleum Ltd that hold interests in major exploration permits across Australia's Amadeus Basin. The assets include the Mt Kitty, Dukas, and Mahler prospects, which contain high concentrations of helium, hydrogen and hydrocarbons, with Mt Kitty already hosting 2C contingent resources. Upon completion, Central Petroleum will hold 25% of Georgina's share capital. The deal remains subject to regulatory and shareholder approvals, a GBP7 million fundraise, and publication of a prospectus. CEO Anthony Hamilton says the transaction is "transformational," adding valuable production potential.
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By Eva Castanedo, Alliance News reporter
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Related Shares:
Zenith EnergyQuantum DataGSTechnologiesGeorgina Energy