Ariana Resources PLC (AIM:AAU)'s all-paper acquisition of Rockover Holdings offers 'compelling value'.
That, at least, is the conclusion of WH Ireland Capital Markets (WHI), which has taken a closer look at the 'value accretive' transaction.
Quadrise PLC (AIM:QED) told investors it is not expecting any delays in its MSC vessel trial programme.
The company, in a statement, said that the signing of a binding project agreement with MSC and Cargill had been anticipated before the end of the first quarter, and it is still pending.
Mosman Oil and Gas Ltd (AIM:MSMN) has received final government approval for its EP 145 farm-in deal, effectively greenlighting its helium and hydrogen project in Australia’s northern territory.
Greenvale Energy is earning a 75% stake in the project through the transaction, by committing to up to A$5.5 million of investment in exploration work.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) chief executive Marshall Abbott described 2023 as “a great year on all fronts”, as the company released its full-year financial results statement.
“We saw substantial growth in production, revenue and EBITDA and our healthy balance sheet supports the aggressive capital program planned for 2024,” the Arrow boss said.
Thor Explorations halved its debt in 2023 after notching up two years of production from its Segilola Gold Mine in Senegal.
Segun Lawson, chief executive, said he was pleased with the production of 85,000 ounces despite the planned pushback of the western wall of the pit and mining of waste material to access the orebody more efficiently going forward.
Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF) has confirmed the completion of its acquisition of Shinez, an online advertising specialist, with a deal enterprise vale of $43.2 million.
It comprises $38.9 million of initial payment, and $4.3 million retained in escrow.
European Green Transition has entered into an option to commence due diligence on and potentially acquire a copper tailings recycling project in Cyprus.
Situated near the formerly-producing Limni copper mine that produced over 8.1 Mt between 1937 and 1978, EGT has an exclusive twelve-month period to carry out due diligence.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has completed the first gold pour from its Sabodala-Massawa BIOX Expansion in Senegal, transforming the complex into a tier 1 mine, according to the Africa-focused miner.
Commercial production from the new project is expected later this quarter with the project ramping up to its nameplate capacity of 1.2Mtpa in the following three months.
Itaconix PLC (AIM:ITX, OTCQB:ITXXF), a pioneer in sustainable plant-based polymers, has introduced two groundbreaking ingredients designed to enhance household detergents' performance and replace phosphates.
The newly launched TSI 422 and ONZ 405 ingredients are derived from plant-based materials, ensuring safety for the environment while advancing the performance of household cleaning products.