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The Markets
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Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
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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: Greatland Gold, Europa, Guild, Ariana and more

Web3 investor, advisor and venture builder Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) wrapped up a busy year with a rousing AGM on Thursday.

Chairman Malcolm Palle praised the group’s strategic leap into the Web3 and artificial intelligence (AI) technology spaces.

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88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has agreed a 12-month pause under the Project Peregrine leases, with the Bureau of Land Management Alaska (BLM) allowing the exploration company to retain the high potential acreage.

Specifically, the suspended acreage spans some 125,735 acres.

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Ariana Resources PLC (AIM:AAU) said drilling at Tavsan in Turkey had intercepted several high-grade intervals spanning more than 10 metres (m) in the deeper holes in some cases.

Nearly 9,000m have now been drilled in the current campaign at Tavsan, it added, with best results including 2.52 grammes per tonne (g/t) gold over 12m from a depth of 114m and 2.1g/t over 11m from 137m.

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Incanthera PLC (AQSE:INC) said a deal struck earlier this week is expected to transform the business to one with "significant revenues and profits, generating free cash flow".

On Monday, it announced that Marionnaud, part of the A.S. Watson Group, would be the commercial partner for its skincare range.

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Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) said it has successfully closed an oversubscribed placing and direct subscription offer of new shares, bringing in a 'gross' £6.1 million.

Newly minted stock was issued at 0.25p, while the proceeds from the fundraiser will be used for the upcoming drill programme at the Itumbula West-A prospect in Tanzania.

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Greatland Gold PLC (AIM:GGP, OTC:GRLGF) said the mineral resource estimate (MRE) at the Havieron development in Western Australia has risen by 29% to 8.4 million ounces of gold equivalent.

A 30/70 joint venture between Greatland and Newcrest (Newmont), Havieron now contains an estimated 7 million ounces of gold, up by 28%, and 275,000 tonnes of copper, or 1.4 million gold equivalent oz.

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