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The Markets
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The Markets
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The Markets
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Proactive UK has moved.
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Proactive news headlines: Angle, Empire Metals, Pantheon, ATOME, Eco Atlantic, European Green Transition and more

ATOME’s completion of a FEED study for the 145MW green fertiliser Villeta project in Paraguay is a key milestone for the project, according to house broker SP Angel.

Next steps are to select an EPC contractor and offtaker for the project, with an announcement expected later this month.

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EMV Capital (EMVC), the venture capital arm of stock market-listed NetScientific PLC (AIM:NSCI), led a £3.4 million investment into Sofant Technologies.

Sofant, known for its cutting-edge phased-array antenna platforms, will use the new investment to deliver satellite communication (SatCom) terminals to key clients in the aerospace, defence, security, and civilian sectors.

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Empire Metals Ltd (AIM:EEE) climbed 17% as the Aussie junior published another bullish update from its Pitfield project in Western Australia.

Drilling had already found huge titanium shows, but Empire has now revealed a discovery of weathered material at the surface.

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Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) has issued a new statement responding to what it described as a ‘campaign’ by a group including shareholders that have requisitioned a vote to oust and replace the company’s board.

It comes ahead of the AGM which is scheduled for 11 June.

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Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has entered into a gas sales precedent agreement (GSPA) with a subsidiary of the Alaska Gasline Development Corporation (AGDC).

The GSPA envisages that Pantheon will supply up to 500 million cubic feet per day of natural gas at a base price of $1 per million BTU.

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Last year was one of "significant scientific progress" for ImmuPharma PLC (AIM:IMM), according to CEO and chairman Tim McCarthy.

It saw the further refinement of the protocol for the final phase study of its lead asset P140 in autoimmune disease, systemic lupus erythematosus, or SLE for short.

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European Green Transition PLC (AIM:EGT) has uncovered more high-grade rare earth samples from the Djupedal prospect, the nearby Bersummen area and the newly identified Stora Lockerum structure, all at Olserum in south Sweden.

Samples from dump material at Djupedal assayed 4.79%, 5.8% and 11.77% TREO (Total Rare Earth Oxides), with one showing higher under X-ray, plus continuity of mineralisation.

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Liquid biopsy specialist ANGLE PLC (AIM:AGL, OTCQX:ANPCY) has unveiled plans to raise up to £10.56 million to fund the next generation of products and support the commercial roll-out of its technology.

A total of £8.5 million will come through a placing and direct subscription of newly minted shares which will be sold for 15 pence each. In addition, management is seeking up to a further £2.06 million via an open offer of stock.

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Empire Metals Ltd (AIM:EEE) has announced the discovery a new, near-surface titanium dioxide mineral deposit, comprising rutile and anatase, at the Pitfield Project in Western Australia.

The junior has already reported significant titanium mineralisation from bedrock drilling of its Cosgrove and Thomas targets, but said this is a new easily accessible high-value deposit.

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ATOME PLC (AIM:ATOM) has completed the front-end engineering design (FEED) study for its 145 MW green fertiliser facility at Villeta, Paraguay

This, according to ATOME, is the first known completion of FEED for a large-scale green fertiliser project worldwide.

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