AFC Energy on a sound financial footing
As at the April 30 it was sitting on £2.84mln of cash following a £3.6mln placing and open offer earlier this year. It is expecting a further £1.5mln (€1.95mln) of EU funding.
Company
AFC Energy PLC
LON:AFC
AFC Energy plc is a leading innovator in hydrogen-based power and ammonia cracking solutions, delivering clean energy for on-grid and off-grid applications. The company's hydrogen fuel cell technology provides a sustainable alternative to diesel power generation, supporting electric vehicle charging, decentralised power systems for construction, and temporary power needs.
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AFC Energy's realism appeals to broker Cantor
AFC Energy PLC’s aim this year is to commercialise its breakthrough industrial fuel cell technology.
AFC Energy shares rise as Lanstead arrangement completes
All 18 settlements of the equity swap agreement have now been completed
Risers & fallers: Tribal, Servelec, Atlas Development, Fresnillo..
Major share price risers and fallers in London at 4.30pm
AFC Energy announces milestones for the year
The milestones for 2016 seek to build on the accelerated technology development achieved in 2015
FTSE 100 reverses course as Brexit nervousness grows
The top-share index had a brief look above 6,000 before heading south
Investments and investor services
FTSE 100 in cautious advance
Investors checked out of hotels group Millennium & Copthorne but bought into Hellenic bottler Coca-Cola HBC
AFC Energy partners with German consultancy
Plantlng has provided engineering support and engineering procurement construction management services to AFC Energy's POWER-UP project at Stade for over a year.
Archive
FTSE 100 pares losses
Footsie had a firm start and a strong finish but still finished in the red
FTSE 100 dragged lower by oil giants
The oil price is on the slide and taking with it the integrated oil giants
Investments and investor services
FTSE 100 turns lower after firm start
A firm start quickly ran out of impetus, with investors focused on weak Chinese data and a sliding oil price
AFC Energy hails generation milestone in Germany
A second generation fuel cell system is scheduled for release later this year
AFC Energy fundraiser reveals exceptional investor support
In total investors pledged £4.1mln – or 3.6 times more than was asked for – so had to be scaled back.
AFC Energy looks to exciting 2016
It's been a busy year for fuel cell specialist AFC Energy and 2016 looks equally as exciting, it told investors in a quarterly newsletter.
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Proactive news summary: AFC Energy, Atlantis Resources, Brady, Chariot, Forte Energy, Noricum ...
The day's small cap news was dominated by the latest UK oil & gas licensing round.
AFC Energy shareholders chip in as company waits on EU grants
The company has received backing as it ramps up its commercialisation programme
Risers & Fallers: Redde, Mercom, Cyprotex and more
Below are the main risers and fallers in the London market at 4pm