10th Dec 2025 16:16
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
----------
Tirupati Graphite PLC - London-based flake graphite producer, with projects in Madagascar and Mozambique - Receives commitments for GBP3.1 million for a new round of financing, including convertible loan notes and a conditional share placing. This is part of a package of refinancing measures, which also includes a planned restructuring of existing loan notes. Tirupati believes that the proposed measures will best protect shareholder value and stakeholders' interests, in light of "the operational issues experienced in 2025, the further upgrades and improvements required to achieve sustainable production cash flows, and its present difficult liquidity position". Expects the conditional placing and CLNs to raise between GBP2.5 million and GBP3.5 million, with an issue price of 1.5 pence per placing share. Subscribers would also receive warrants for additional shares on a one-for-two basis, at an exercise price of 3.75p per share. Tirupati says the new CLNs will also be convertible into ordinary shares at the issue price.
----------
Netcall PLC - Bedford, England-based customer engagement software provider - Acquires UK-based digital experience platform provider Jadu Holdings Ltd, for a maximum total consideration of GBP19.2 million. This comprises initial consideration of GBP15.2 million with an earn-out of up to GBP4.0 million. Netcall says the deal strengthens its public sector competitive positioning by expanding its presence in UK local government from around one-in-three to around one-in-two councils. Also says it broadens the addressable market, provides cross-selling potential across the Netcall portfolio, and supports international growth via an established US partner channel and customer base. It also adds complementary digital experience and AI capabilities to Netcall's Liberty platform. Netcall expects the acquisition to enhance adjusted earnings per share within the current financial year.
----------
Taseko Mines Ltd - operates open-pit Gibraltar copper mine in British Columbia, Canada - Chief Financial Officer Bryce Hamming exercises 15,000 share options, due to expire on February 1, and sells 15,000 shares at an average price of CAD7.25 per share or approximately GBP3.94 each, on Tuesday in Toronto.
----------
Angling Direct PLC - Norwich, England-based fishing tackle and equipment retailer - Extends the expiry date for its share buyback programme from Wednesday until the close of business on December 10, 2026. Angling Direct announced the GBP4.0 million share buyback programme on December 9, 2024, and has since repurchased 4.5 million shares at an average price of 38.4p each for approximately GBP1.7 million in total. Says approximately GBP2.3 million remains undeployed, and the extension will provide an opportunity for this amount to be applied on further buybacks up to the GBP4.0 million limit.
----------
dotdigital Group PLC - London-based customer experience and data platform provider - Commences a share buyback programme worth up to GBP3.0 million in order to "offset future dilution, that may occur, due to employee incentive arrangements".
----------
CRISM Therapeutics Corp - British Virgin Islands-based pharmaceutical company - Raises GBP1.0 million through an oversubscribed placing of 11.1 million new shares at 9p each. Shares have an attaching grant of warrants on a one for two basis, exercisable at 15p per share and expiring on December 31. CRISM expects first patients to be dosed in the first quarter of 2026. It also announces a retail offer to raise up to GBP100,000 at the same issue price. Says the net proceeds will allow it to progress its MHRA approved phase 2 open label clinical trial of irinotecan-ChemoSeed in patients with surgically resectable glioblastoma.
----------
Amaroq Ltd - Greenland-focused mine developer - Says Nanoq gold project drilling results in south Greenland confirmed "significant" gold and copper mineralisation, citing intersections of up to 187.4 grammes of gold per tonne, and up to 1.1% copper. Nanoq is on the eastern flank of the Nanortalik gold belt, which also contains the Amaroq-operated Nalunaq gold mine. Says it successfully tested around 600 metres of strike length within the Nanoq Central Zone with mineralised intervals averaging approximately 3.3 metre thickness at a grade of 9.98g/t of gold at a vertical depth of up to 70 metres. Core drilling, meanwhile, suggests the presence of thick intersections of up to 3.83g/t of gold over 9.0 metres and 6.7 g/t over 7.4 metres in folded quartz veins and surrounding host rocks. This creates "significant upside potential and large minable packages". Adds that results confirm that significant copper is present in the system, with up to 0.56% copper over 2.5 metres and assay grades of up to 1.12% copper over 0.5 metres. "These results strengthen our geological interpretation and compare favourably with early-stage drilling outcomes from well-known orogenic gold systems, reinforcing our confidence in the scale and continuity of the mineralised structures," Amaroq says.
----------
By Emma Curzon, Alliance News reporter
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
Tirupati GraphiteNetcallTaseko Mines L.Angling DirectdotDigital GroupCrism TheraAmaroq Minerals