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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Proactive news headline: Helix, Angle, Quantum, Iofina, KEFI and more

Altech Batteries Ltd welcomes news that its CERENERGY® ® Sodium Chloride Solid State (SCSS) Battery project has received the highest possible green rating of “Dark Green” from Standard and Poor’s Global Ratings — confirming its place as one of the greenest battery technologies available and making it suitable for finance via green bonds.

Altech believes the accreditation is testament to its CERENERGY® battery being one of the greenest battery technologies available today, if not the greenest, with the lowest carbon footprint, lowest supply chain requirements and environmentally friendliest in relation to raw materials.

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Tiziana Life Sciences Ltd (NASDAQ:TLSA) has announced positive results from studies of a nasal anti-CD3 monoclonal antibody in traumatic spinal cord injury (SCI).

SCI represents a major global health concern with significant effects on mortality and long-term disability, the company said in a statement on Thursday.

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Lisata Therapeutics Inc (NASDAQ:LSTA) and WARPNINE have announced promising preliminary results from their Phase 1b/2a iLSTA trial, which is evaluating Lisata's investigational drug certepetide in combination with standard-of-care chemotherapy and immunotherapy for locally advanced non-resectable pancreatic ductal adenocarcinoma (PDAC).

The iLSTA trial is being conducted at St John of God Subiaco Hospital in Western Australia, involving 30 patients divided into three treatment cohorts.

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Giyani Metals Corp (TSX-V:EMM, OTC:CATPF) announced that it has secured a 50-year Special Economic Zone (SEZ) Investor License for its battery-grade manganese commercial plant in Botswana, awarded to its subsidiary Thabatala Technology Company.

The Commercial Plant will be situated adjacent to the K.Hill manganese mine site near Kanye, Botswana, and is designated as a Single Factory Special Economic Zone.

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HeLIX Exploration PLC (AIM:HEX) on Thursday treated investors to a quick-turnaround, premium-priced equity raise that banks some £5 million.

It comes synchronised with an estimate of reserves and an upgrade to its estimated resources at the Rudyard project in Montana.

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HeLIX Exploration PLC (AIM:HEX), the helium explorer, has confirmed it has successfully raised £5 million in its equity fundraising, which was expanded from its initial £4 million target.

It has therefore agreed to issue 29.57 million shares in a placing, plus 3.76 million shares via a subscription agreement, with all new shares priced at 15p.

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Quantum Blockchain Technologies PLC (AIM:QBT) confirmed it had raised £2 million through a share placing, with the injection of capital set to spur investment in its AI-assisted bitcoin mining technology.

The firm sold 173.9 million new shares, priced at 1.15p each.

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Iofina PLC (AIM:IOF, OTC:IOFNF), the iodine producer and chemical manufacturer, has hit a major milestone, achieving record iodine production of 634.1 metric tonnes (MT) in 2024 — a 13.4% increase on the previous year.

This achievement was powered by strong output from the company’s seven IOsorb plants in Oklahoma, including its newest facility, IO#10, which reached full production in September.

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HeLIX Exploration PLC (AIM:HEX) has upgraded its helium reserves and economic estimates for the Rudyard Project, in Montanta, alongside plans to raise £4 million through an equity issuance.

It aims to raise £3.5 million in a placing, plus £464,500 in a share subscription, with new shares to be priced at 15p each.

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Empire Metals Ltd (AIM:EEE) has added heavyweight mining experience to its senior management as it moves forward with its huge Pitfield titanium project in Western Australia.

Phillip Brumit joins as a non-executive director from 1 February 2025 having held leadership roles at Freeport-McMoRan, Lundin Mining and with a proven track record of operational success on a global scale, said Empire.

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ANGLE PLC (AIM:AGL, OTCQX:ANPCY), the liquid biopsy specialist, said it is heading into 2025 with optimism, bolstered by a growing sales pipeline and improving financials.

In a trading update, the company told investors it expects revenue growth this year to outpace the 31% topline increase seen in 2024 with ANGLE expecting to have booked £2.9 million in revenue for the period.

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Prescient Therapeutics Ltd has resolved the technical difficulties facing its OmniCAR program by creating a new generation of improved variants of the next-generation CAR-cell platform.

OmniCAR is designed to provide modular, controllable and reprogrammable CAR-cell therapies, offering a new level of flexibility and accessibility for cellular immunotherapy.

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Tamboran Resources Corporation and Santos Ltd could add up to 6 million tonnes per annum (MTPA) of capacity to the current Darwin LNG (DLNG) facility in Australia's Northern Territory through a second LNG production train.

The companies have signed a non-binding Memorandum of Understanding (MoU) for technical studies regarding the potential expansion, with the DLNG approved for a nominal 10 MTPA.

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Cyprium Metals Ltd has entered a strategic alliance with leading global mining services provider Macmahon Holdings Ltd to accelerate the redevelopment of Cyprium’s Nifty Copper Complex in the Paterson region of Western Australia.

The parties entered into a non-binding heads of agreement (HOA) for a strategic alliance under which Macmahon will lead and contribute internal resources to complete the bankable feasibility study (BFS) for the redevelopment of Nifty, via an early contractor involvement (ECI) contract.

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