RC Fornax PLC (AIM:RCFX), the defence sector small-cap, is tipped for more than 80% upside with City analysts eyeing attractive fundamentals and ambitious growth targets.
The company floated on AIM in early February, raising £5 million, and offers a compelling narrative.
Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) has announced the appointment of Lee Cowie as its new chief operating officer (COO).
Cowie brings over 15 years of senior international executive experience, having held leadership positions in both B2B and B2C sectors.
Light Science Technologies Holdings PLC (AIM:LST) chief executive Simon Deacon described himself as 'delighted' as the company confirmed record revenue in its financial year, ended 30 November.
In London, the shares were up around 14%, changing hands at 2.96p.
Chariot Ltd's (AIM:CHAR, OTC:OIGLF) shares surged 21% in early trading after the company secured a $75 million funding package for its South African electricity trading business, Etana Energy.
The deal includes $55 million in guarantee financing from Standard Bank and up to $20 million in equity investment from Standard Bank and Norfund, a Norwegian state-backed investment fund.
The price of gold powered above $3,000 overnight and continued surging to new records on Tuesday morning to $3,025.
Renewed tensions in the Middle East were cited by traders as the reason for the new round of buying, with military strikes re-started in Gaza and following US strikes on Houthi rebels over the weekend.
Greatland Gold PLC's (AIM:GGP, OTC:GRLGF) shares surged 9% after the company unveiled its first-ever mineral resource estimate for the Telfer gold and copper mine, confirming 3.2 million ounces of gold and 117,000 tonnes of copper.
Managing director Shaun Day called the result “outstanding,” highlighting the asset’s long-term potential. With these figures, Greatland’s total resource base, including the Havieron project, has jumped over 40% to 10.2 million ounces of gold and 387,000 tonnes of copper, solidifying its position as a major player in Australia’s mining sector.
Ariana Resources PLC (AIM:AAU) said that gross output is expected to increase by 25% to approximately 25,000 ounces.
The production forecast includes contributions from the Kiziltepe and Tavsan mines, both of which are parts of the firm’s 23.5% owned Zenit Mining Operations.
Solvonis Therapeutics PLC (LSE:SVNS) has provided an update on its AWKN-SDN-14 programme, a project aimed at developing a next-generation treatment for post-traumatic stress disorder (PTSD).
The company is working with Awakn Life Sciences to create a drug that could improve social bonding, trust, and empathy - key factors in effective PTSD therapy. The idea is to help patients rebuild relationships and engage more successfully in treatment.
Chariot Ltd's (AIM:CHAR, OTC:OIGLF) renewables subsidiary Etana Energy has inked a 20-year Power Purchase Agreement (PPA) for 75MW of solar power from the Du Plessis Dam PV2 project, in South Africa, alongside a separate US$75 million financing to the firm’s expansion.
The funding comprises US$55 million in guarantee finance from Standard Bank and up to US$20 million in equity investment from Norfund, Chariot said.
Helium One Global Ltd (AIM: HE1) updated investors on its drilling at the Jackson-4, in Colorado, where it has completed the intermediate section.
So far, drilling has reached a depth of 1,123 feet. Casing is now being installed, and the next phase of drilling will take the well into the target (the Lyons Sandstone formation).
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) has unveiled its first-ever mineral resource estimate for the Telfer gold and copper mine, and it's a big one.
The company has confirmed 3.2 million ounces of gold and 117,000 tonnes of copper at Telfer, marking a major step forward since acquiring the asset.