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The Markets
by Proactive
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: Rainbow Rare Earth, Cellular Goods Shanta, Tharisa and more

Chariot Ltd (AIM:CHAR, OTC:OIGLF) notified the stock exchange that its chief executive Adonis Pouroulis has bought shares in the company, picking up in the market 376,390 shares priced at 9.22p each.

The transaction took place on Wednesday 10 January and it was Pouroulis’ first such notification.

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Nostra Terra Oil and Gas Company PLC (AIM:NTOG) shares tumbled to a new low after the company raised £300,000 at a discount to seal a deal to help develop drilling opportunities around its Pine Mills asset in East Texas, USA.

Shares were issued at a price of 0.12p apiece, which was a 25% discount to the closing price yesterday of 0.16p. The price fell to 0.12p in early trading on Thursday, marking a 57% decline over the past 12 months.

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Central Asia Metals PLC (AIM:CAML, OTC:CAMLF) hailed copper production at its Kounrad recovery plant in Kazakhstan towards the upper end of the guidance range in 2023, with middle-range zinc and lead output from the Sasa zinc-lead mine in North Macedonia.

Results and the declaration of the dividend will come in late March, while the cash balance at the end of December stood at US$57.2 million, up from US$50.6 million at the half-year stage.

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Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) said results have been encouraging from Phalaborwa pilot plant operations in Florida and Johannesburg.

In Florida, rare earth oxide separation is being carried out using a process devised by US-based technical partner K-Technologies.

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Cellular Goods PLC (LSE:CBX), a company specialising in developing next-generation skincare and wellness products, will change its name to Cel AI PLC to reflect the group’s focus on artificial intelligence-based beauty opportunities.

Cel AI intends to leverage the power of large language models, vision capabilities and its extensive experience in the retail beauty industry to become the premier AI recommendation agent for personalised skincare and beauty routines.

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