Powerhouse Energy Group PLC (AIM:PHE) saw its share price soar by 57% after resolving a claim by Onunda Ltd (formerly GetGo Recycling Limited) against its European patents.
The agreement allows Powerhouse to advance its patent applications globally and prevents future challenges from Onunda or its affiliates.
A solar farm owned by Bluefield Solar Income Fund (LSE:BSIF) has been commended by independent wildlife experts for boosting biodiversity, including growing wildflowers and installing a bat roost box.
The West Raynham site, a 50-megawatt operation managed by the investment trust's manager Bluefield Partners, is the first site in the UK to receive gold certification from Wild Power, an independent certifier.
Polarean Imaging PLC (AIM:POLX, OTC:PLLWF) has raised $10 million of new equity with the proceeds earmarked to accelerate the commercialisation of XENOVIEW, the company’s MRI technology.
The placing, priced at 1p per share, was cornerstoned by major shareholder and industry partners NUKEM and Bracco, which prior to the placing held 10.4% and 7.6% of the company respectively.
Powerhouse Energy Group PLC (AIM:PHE) has confirmed the resolution of a claim by Onunda Ltd (formerly GetGo Recycling Limited) against its European patent and patent applications.
An agreement has been reached, allowing Powerhouse Energy to progress its other patent applications in Europe and globally. It also ensures no future challenges to Powerhouse's patents by Onunda or its group companies.
Ilika PLC (AIM:IKA, OTCQX:ILIKF) said it has started testing its P1 Goliath electric vehicle prototype batteries keeping it on track to produce a minimum viable product (MVP) next year and unlocking future licensing opportunities.
This testing was part of a customer-sponsored programme, following successful production and in-house evaluations.
Bradda Head Lithium Ltd (AIM:BHL, OTC:BHLIF, TSX-V:BHLI) said resource-expansion drilling of eight drill holes on the Basin North target has produced promising visual results.
The clays contained strong characteristics of high lithium values and Bradda head said it was “greatly encouraged” by eight drill holes.
Sovereign Metals Ltd (ASX:SVM, OTC:SVMLF, AIM:SVML) aims to become the world’s largest, lowest cost and lowest-emissions producer of two critical minerals – titanium (rutile) and graphite.
The company is focused on the exploration and development of its flagship Kasiya Rutile-Graphite Project in Malawi along with its strategic investor, Rio Tinto. It is aiming to develop a large-scale, long-life rutile-graphite operation, focusing on developing an environmentally responsible, sustainable and socially uplifting operation.
Sovereign Metals Ltd (ASX:SVM, OTC:SVMLF, AIM:SVML) has progressed to the pilot phase of an ongoing optimisation study for the Kasiya Rutile-Graphite Project in Malawi with a pilot mining and land rehabilitation program underway.
Results from this work will allow Sovereign to determine optimal excavation, backfill and land rehabilitation approaches and will provide critical information for the upcoming definitive feasibility study (DFS) and once commenced, will shorten the time to its completion.