(Alliance News) - Five water firms in England are to be provisionally allowed to raise their bills by between 1% and 5% more than previously granted by regulator Ofwat, the competition watchdog has said. Read More
(Alliance News) - Stocks in London were called lower on Thursday, while overseas Hamas and the Israeli government have agreed to the first phase of the US government's peace plan, following talks in Egypt. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
(Alliance News) - Great Britain's energy system operator has said there could be "tight days" for energy supply over winter but stressed that new battery storage will help to meet national demand. Read More
(Alliance News) - UK home buyer demand has weakened for the third month in a row, with house sales also subdued, according to surveyors. Read More
Gunsynd PLC - investor in companies and projects in the natural resource sector - Notes announcement by Richmond Hill Resources PLC of a WRAP retail offer made in conjunction with its AIM initial public offering to raise up to GBP250,000 through the issuance of up to 250 million shares at 1 pence each. In addition, Richmond Hill completes a placing of GBP1.4 million before expenses. At June 30, Gunsynd held a 3.43% stake in Richmond Hill alongside loans outstanding (including interest) of GBP144,259. Read More
Hamak Strategy Ltd - Africa-focused gold exploration firm and digital asset treasury manager announces the first drilling results from its joint venture with First Au Ltd on its 65% owned Nimba gold project. Results show Hole FADD25-001 intersected a wide mineralised zone of 29 metres at 0.97 grams per tonne of gold from 49 metres to 78 metres. This includes 23 metres at 1.15 grams per tonne of gold from 49 metres to 72 metres depth, with individual high-grade intersections of 4.1 grams per tonne of gold, 3.1 grams per tonne of gold, 2.7 grams per tonne of gold, 2.3 grams per tonne of gold and 2.0 grams per tonne of gold. A deeper intersection also yielded 8 metres at 2.55 grams per tonne of gold from 130 metres to 138 metres. This intersection included 2 metres at 8.37 grams per tonne of gold with individual intersections of 7.7 grams per tonne of gold and 9.1 grams per tonne of gold. Says these intersections confirm the continuity of mineralisation at depth from the first Hamak drilling that intersected 20 metres at 7 grams per tonne of gold closer to surface. Assay results for the next two holes, FADD-002 and FADD-003, are expected in the near future. Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Insig AI PLC - London-based data science and machine learning firm - Raises approximately GBP500,000 from an institutional investor following discussions around the establishment of a digital assets fund. Says it placed 1.6 million shares at 31 pence, with the proceeds earmarked for general working capital purposes and the evaluation of strategic options. Says this includes the possible creation of a fund dedicated to investments in digital assets and related enterprises. Read More
(Alliance News) - Seeing Machines Ltd on Wednesday said it has signed a contract worth around USD1.8 million with an existing customer for the supply of Guardian Backup-driver Monitoring System units. Read More
(Alliance News) - The FTSE 100 hit new heights on Wednesday, boosted by gains in miners as the price of gold surpassed USD4,000 an ounce for the first time. Read More
(Alliance News) - WH Ireland Group PLC's share price more than doubled on Wednesday, as it said proxy votes indicate that a vote on the sale of its wealth management business will fail. Read More
(Alliance News) - Tekmar Group PLC on Wednesday said it has signed a pact with Jan De Nul Group for work related to a cable protection system. Read More
Centaur Media PLC - London-based business consultancy group - Completes sale of The Lawyer to Lighthouse Bidco Ltd for GBP43 million enterprise value. Reports net cash of GBP69.8 million following receipt of disposal funds from the transaction. Says proceeds earmarked for capital returns to shareholders, with it set to announce further details in due course. Lighthouse is the parent of Legal Benchmarking Ltd. Read More
(Alliance News) - Fusion Antibodies PLC on Wednesday said it has been picked for an antibody services project with a European-based global pharmaceutical company. Read More