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The Markets
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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Proactive news headlines: Chariot, Shield Therapeutics, NetScientific, Adriatic Metals, Baron, and more

NVIDIA Corp (NASDAQ:NVDA, ETR:NVD) is set to close out trading on Tuesday at a new all-time high following its blockbuster earnings report and 10-for-1 stock split announcement last week.

The AI darling’s share price breached the $1,100 mark just before the markets closed on Tuesday, exchanging hands at around $1,141.

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NextSource Materials Inc. (TSX:NEXT, OTCQB:NSRCF) is bringing on seasoned mining and resources executive Hanré Rossouw as president and CEO.

Rossouw, a British and South African national, will bring his extensive experience in the global natural resources industry spanning over 25 years to lead NextSource.

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Quadrise rose by 5% as the alternative fuel developer added another top name to the growing roster of companies interested in its MSAR products.

Morocco-based fertiliser and phosphate giant OCP is the latest to announce a trial, following global shipping concern MSC and Cargill, the crops and food transportation business.

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Mosman Oil and Gas Ltd (AIM:MSMN) has provided an update on its Stanley and Cinnabar projects in the US.

The Stanley-5 well has seen oil production restored to previous levels of approximately 30-45 barrels of oil per day (bopd) following a successful workover, the company said.

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Cel AI PLC's (LSE:CLAI) new management said it has successfully 'right-sized' the business as it refocused investment on its AI tool, which helps customers make the best skincare decisions.

"We see this as a great opportunity for growth, allowing us to leverage our expertise in the wellness industry more effectively and lucratively," the company said in a statement accompanying its interim.

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Empire Metals Ltd (AIM:EEE) said four diamond drill holes at its Pitfield project in WA all showed high-grade titanium mineralisation from the surface to where the drilling stopped at depths of more than 200m.

A JORC-compliant exploration number for the two high-grade targets at Cosgrove and Thomas should be released shortly, Empire added.

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Quadrise PLC (AIM:QED) has signed a commercial framework agreement with phosphate and fertiliser group OCP regarding the supply of shipping fuel MSAR and to carry out a paid-for trial at the Jorf Lasfar site in Morocco.

MSAR (pronounced ‘em-sar’) is Quadise’s green transition fuel for the shipping, industrial and utilities sectors.

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Baron Oil PLC (AIM:BOIL) is to be renamed Sunda Energy plc, as it advances its business in South East Asia and its gas project in Timor-Leste.

"These are very exciting times for our company,” chief executive Andy Butler said in a statement.

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NetScientific PLC (AIM:NSCI), a venture capital investment group focused on deep tech and life sciences, said it has acquired a 30% stake in Wanda Connected Health Systems.

Operating in the UK and US, Wanda Health provides remote patient monitoring and virtual healthcare services. This technology allows doctors to monitor patients from a distance, reducing the need for hospital visits. The platform collects data from patients' homes and alerts doctors if there are any health concerns.

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Chariot Ltd (AIM:CHAR, OTC:OIGLF) told investors it has made a successful gas discovery at its OBA-1 well, onshore Morocco.

The well, part of a two-well drilling campaign in the Loukos Onshore licence, was drilled to a depth of 901 meters, reaching its target reservoirs on time and within budget.

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