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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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Proactive news headlines: Pantheon Resources, Oxford Cannabinoid, Ananda, Versarien and more

ATOME Energy’s 2023 represents a “year of delivery” according to Liberum, which raised its target price to 191.5p from 180.4p.

Analysts at the bank said the energy company’s Phase 1 flagship 120MW Villeta project in Paraguay is seeing the bulk of activity and is on track for full production of green ammonia by 2025.

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Chariot Ltd (AIM:CHAR, OTC:OIGLF) Anchois gas project looks set to transform Morocco’s energy security dynamic at a time of long-term instability in European gas markets, Liberum Capital analyst Sam Wahab said in a note.

Liberum in a note began its coverage with a ‘buy’ recommendation with Wahab pitching a price target of 45p, suggesting substantial upside to the current price of 16.12p.

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Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) new and oversubscribed US$22mln equity funding represents a “show of force” and could lead to a rerating of the explorer’s shares, that’s according to stockbroker WH Ireland.

In a statement this morning Pantheon confirmed it had closed the books on a brief and successful bookbuild process which initially sought to raise US$10.5mln - it will now issue 104.17mln new shares priced at 17p each through the placing.

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When Shore Capital Markets initiated coverage on Seeing Machines earlier this month, the broker saw aviation as a nascent opportunity for the AIM-quoted vision-based autotech company.

Yesterday’s announcement that Seeing Machines has partnered up with Raytheon subsidiary Collins Aerospace in a US$10mln (£8mln) collaboration appears to have vindicated this line of thought.

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Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has confirmed it now expects to raise £22mln of new capital in a quick oversubscribed share placing and a subsequent retail offer.

The Alaska oil explorer revealed it was seeking to raise funds after Tuesday’s market close, launching an accelerated bookbuild targeting a minimum of US$10.5mln, and this morning reported that the book closed successfully.

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Cellular Goods PLC (LSE:CBX) has kicked off sales of its 'Look Better' skincare range and select 'Gift Better' line products on beauty retail giant Sephora's UK website.

The offering includes ten items, priced from £32 to £99 each.

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