Powerhouse Energy Group plc (LON:PHE) says its project partner has begun groundworks and infrastructure preparations for the landmark first DMG waste-plastic-to-hydrogen plant, at the Protos hub in north-west England. The AIM-listed company has also been busy, having developed a design that will enable the plant to export larger volumes of hydrogen, strengthened its operational team and made progress on procurement and contracts in preparation for subsequent stages of the project’s construction and operation.
ReNeuron Group PLC (LON:RENE) shares jumped on Thursday after the company said the US Patent and Trademark Office (USPTO) has granted it a patent entitled: "Low oxygen culture conditions for maintaining retinal progenitor cell multipotency". The AIM-listed firm said the patent will protect both the composition of its hRPC cell-based therapy candidate and its method of use, so constitutes a “principal layer of intellectual property” pertaining to its retinal disease programme.
Keyword Studios PLC (LON:KWS) acquired Jinglebell, a boutique audio studio in Milan, as one of two acquisitions announced on Thursday. The other is Indigo Pearl, a London-based video game centred PR agency.
Coinsilium Group Limited (LON:COIN) said it has signed an agreement with the Gibraltar Philatelic Bureau for the creation of a commemorative limited edition cryptocurrency postage stamp for release in the second quarter of 2021. The blockchain and crypto venture firm said the crypto postage stamp will be tied to the release of a blockchain-based digital collectable, or non-fungible token (NFT) counterpart, to be exclusively produced by Coinsilium in collaboration with RedFOX Labs under an agreement announced on December 10.
Tirupati Graphite PLC (LON:TGR) said it has won its first order for a new flame-retardant polyurethane foam (FRF) and a flame-retardant composite (FRC) developed for use in rail carriages in India and elsewhere. The development follows an agreement with an Indian manufacturer of railway coaches to design and develop the FRF and FRC to the highest European standard, which has been adopted by Indian Railways, the country's rail network operator.
Kodal Minerals PLC (LON:KOD) has acquired the Fatou Gold Project in southern Mali. Fatou already has a historical compliant NI 43-101 resource of more than 350,000 ounces that is expected to increase based on a funded nine-month drilling programme, Kodal said.
Caledonia Mining Corporation PLC (LON:CMCL, NYSEAMERICAN:CMCL) has now entered into an additional option deal to acquire new prospecting acreage in Zimbabwe. On top of the Glen Hume option deal announced last week, the company now has an additional option for an area known as Connemara North which is also located within the Gweru mining district in the Zimbabwe Midlands.
Sunrise Resources PLC (LON:SRES) said it has started extracting a large bulk sample of natural pozzolan from its CS Pozzolan-Perlite project in Nevada as part of a collaborative concrete trail with a large cement and ready-mix company. The AIM-listed company said it will mine a 500-ton sample of pozzolan which will then be ground in the cement firm’s existing mill and used in a number of separate commercial concrete pours where the natural pozzolan will be substituted for a proportion of ordinary Portland cement in the concrete mixes.
IronRidge Resources Limited (LON:IRR) told investors it has completed the acquisition of the Bodite and Bianouan gold licenses in Côte d'Ivoire. The company, in a statement, confirmed it has acquired Major Star SA to gain 100% ownership of the licences – issuing 1.5mln new shares priced at 18p each.
Panthera Resources PLC (LON:PAT) said it expects to see the results from exploration at a number of projects in the coming months. Panthera undertook a major restructuring earlier in the year that saw its interests in the Labola and Kalaka gold projects, in Burkina Faso and Mali respectively, spun out into Moydow Holdings. A gain from that transaction helped Panthera post a net profit of US$2.232mln in the six months to end September, 2020.
Panther Metals PLC (LON:PALM) has completed the acquisition of the Merolia Gold Project in the Eastern Goldfields of Western Australia from White Cliff Minerals. Panther paid the ASX-listed firm A$112,500 plus 734,470 Panther shares, on top of which White Cliff will be entitled to a payment of A$1.25 per ounce of gold contained within any JORC (or similar reporting code) mineral resource estimate derived from the acquired project.
Trident Royalties PLC (LON:TRR) told investors that Calidus Resources Limited’s (ASX:CAI) Warrawoona gold project is “on-track to production”. The project – for which Trident is acquiring a 1.5% net smelter royalty covering the ‘eastern part’ of the deposit – has successfully passed a number of important development and finance milestones, the AIM-quoted company said.
SIMEC Atlantis Energy Ltd (LON:SAE) said it looks forward to “an exciting 2021” following the £12mln funding deal announced on Wednesday. Chief executive Tim Cornelius said in a statement that the new funding facility will allow the renewable and sustainable energy firm to capitalise on new opportunities and ensure it has access to a pool of capital, so it is not “left second-guessing what will happen with equity capital markets post Brexit”.
Falcon Oil & Gas Ltd (LON:FOG) has highlighted an announcement by the Australian government, which intends to back exploration in the Beetaloo sub-basin with up to A$50mln of funding. AIM-quoted Falcon is among the early movers in the Beetaloo, via its partnership with Origin Energy, with some 4.6mln acres worth of permits covering what is believed to be the most prospective core area of the sub-basin.
Mosman Oil and Gas Ltd (LON:MSMN) told investors that the Duff-2 well, part of the Greater Stanley project, is back on production. It comes after a workover programme was successfully completed, to replace a pump and a broken rod.
RM Secured Direct Lending PLC (LON:RMDL) has said it has reclassified its interim dividend of 1.625p per share in respect of the period from 1 July 2020 to 30 September 2020 in order to reduce its taxable income and negate additional tax liability for 2019. The payment will now consist of a payment of 0.258p per share in respect of the period from 1 July 2020 to 30 September 2020, and another payment of 1.367p per share in respect of the period from 1 January 2019 to 31 December 2019. RM said as a result of the reclassification any additional tax for this year is expected to be minimal and addressed in 2021.
Impax Environmental Markets PLC (LON:IEM) said that, in light of strong continued demand for its shares, the board has published a circular convening a general meeting at which shareholders will be asked to approve resolutions required to permit further issuance of new shares on a non pre-emptive basis. The meeting will be held at 11am on January 12, 2021, but due to coronavirus restrictions, shareholders are encouraged to appoint the chairman of the meeting as their proxy to vote on their behalf as third party proxies will not be permitted to attend the meeting. This should ensure that votes are registered, the company said.
Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company has prepared a new presentation for the Australia gold joint venture, focused on the Victoria goldfields. This presentation may be accessed on the company's website.
KR1 PLC (LON:KR1) said it has sold 141,564.69 DOT tokens generated since its last update on August 19 through staking activities on the Polkadot blockchain at an average price of US$5.63 each, netting total proceeds of US$796,942.