19th Mar 2026 22:11
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
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Angus Energy PLC - focused on Saltfleetby gas field in Lincolnshire and oil assets in Weald Basin in southern England - Reaches agreement to restructure debt obligations with three principal creditors, Trafigura, the Overriding Royalty Interest holders, and Forum Energy Services Ltd. "This comprehensive restructuring, when completed, will represent a major milestone for the business, demonstrating strong stakeholder support and providing a clear, sustainable financial platform for the company's next phase of development," Angus says. The parties now enter the legally binding documentation phase, in which Angus aims to finalise and execute detailed agreements over the coming weeks. The company will provide a further update once it signs definitive agreements, which will be sent to shareholders for approval.
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Nanoco Group PLC - Runcorn, England-based nanomaterials developer - Submits a joint motion with Shoei Chemical Inc and Shoei Electronic Materials Inc to stay the ongoing litigation between Shoei and Nanoco following a binding term sheet being agreed between the parties. The sheet outlines that no compensation will be payable by either party, and both parties will be responsible for their own costs incurred. "Pursuant to the term sheet, among other things, Nanoco covenants not to sue Shoei, its customers, and suppliers for use of Nanoco's Quantum Dot patents for the display field, and Shoei covenants not to sue Nanoco, its customers, and suppliers for use of Shoei's QD patents for the sensing field. The parties have agreed in good faith to negotiate an agreement reflecting the term sheet as well as other deal terms. All other terms of the term sheet are confidential," Nanoco says.
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Catenai PLC - London-based digital media and technology company - Investee company Alludium Ltd secures its first paying customers since its no-code AI agent operating system launched on March 10, following an initial seven-day trial period.
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Botswana Minerals PLC - copper and diamond explorer, previously known as Botswana Diamonds - Reports "encouraging" results from integrated geological and AI-enhanced initial exploration analysis across its copper prospecting licences in north-west Botswana. The analysis identifies several target systems within its licence areas, prospective for copper, silver, zinc, lead, nickel and cobalt. Says two principal exploration models have been defined: anomalies with copper-silver-nickel-cobalt signatures, consistent with potential Besshi-type volcanogenic massive sulphide systems; and a continuous geochemical corridor extending over approximately 20 kilometres, interpreted as consistent with Mississippi Valley-Type lead-zinc mineralisation. Further, hyperspectral analysis identifies iron oxide and clay alteration zones. Company says these "may represent surface expressions of underlying hydrothermal systems. These zones are supported by copper, silver, cobalt and nickel signatures that are distinct from the Pb-Zn-dominated MVT corridor elsewhere on the licences." Company adds: "These early-stage results support the Company's AI-driven exploration strategy and will guide the next phase of work. This will include geophysical surveys and further geochemical sampling with the objective of advancing priority targets towards drilling."
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Alkemy Capital Investments PLC - critical minerals-focused investor - Updates on industry engagement activities by wholly owned subsidiary, Tees Valley Lithium. Praises "strong engagement across the European battery supply chain, as industry participants increasingly prioritise the development of domestic lithium refining capacity." After TVL representatives attended the Benchmark GigaEurope Conference in Brussels last week, TVL has commenced follow-up discussions with a number of counterparties across the battery supply chain, including potential feedstock suppliers and Tier 1 offtake participants. Additionally, following completion of the front-end engineering design study, TVL begins the next phase of project development, focused on advancing commercial, financing and delivery workstreams. Also, agrees to issue 100,000 shares at 397.00 pence to Wave International in connection with engineering and project development services provided to TVL. Also issues 61,004 warrants at an exercise price of 615.00 for a period of 48 months.
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Kavango Resources PLC - London-based precious metals exploration group - Back in July, Kavango exercised its option to acquire 100% of the Nara Gold Project, Zimbabwe, consisting of 45 claims. An extension to February 27 was agreed in December. Announces a further extension to finalise legal formalities. Says both parties "remain committed to completion and the execution of the Nara sale and purchase as soon as possible."
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By Aidan Lane, Alliance News reporter
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Related Shares:
Angus EnergyNanocoCatenai PlcBotswana Min.Alkemy Capital.Kavango Resources