KR1 PLC (LON:KR1) net asset value jumped five-fold last year as it reaped the benefit of the upsurge in interest in cryptocurrencies. NAV per share at the end of the year to December 2020 was 28.97p, compared to 5.72p a year as assets in the crypto investor's portfolio jumped in value to £37.9mln from £7.5mln. Profits for the soared to £30.3mln (£1.15mln).
Shanta Gold Ltd (LON:SHG) announced high-grade drilling results from the phase 1 drilling programme at its West Kenya project. Visible gold was identified in four different intersections across 15 holes drilled as part of the drilling programme conducted in April and May 2021 at the Isulu and Bushiangala deposits.
Cloudbreak Discovery PLC (LON:CDL), the natural resource project generator, said Imperial Helium Corp, in which it has a 1.25% stake, has received all required permits and approvals to commence drilling operations “as soon as practicable”.
Franchise Brands PLC (LON:FRAN) said it will continue its discretionary programme to buy ordinary shares of 0.5p each in the company for the next six-month period from 1 July 2021 to 31 December 2021, up to an aggregate value of £260,000.
Aminex PLC (LON:AEX) said it believes that Tanzania's gas sector is “unlocking” as it provided an operational update on work on the Ntorya gas discovery at Ruvuma alongside its final results for last year.
Apollon Formularies PLC (LON:APOL) has made “a strong and positive start” to life as a publicly listed company, it told investors. The company, which listed in April of this year, expects 2021 to be a productive year for treating patients, developing new targeted formulations and growing its business.
Technology Minerals Ltd has made a high profile appointment to its board ahead of its listing later this quarter.
Bacanora Lithium PLC (LON:BCN) said on June 28, a possible cash offer for the firm by Ganfeng International Trading (Shanghai) Limited was approved at an EGM held by the latter. Ganfeng has offered to buy all the share capital in Bacanora it does not already own for 67.5p per share.
Trident Royalties PLC (LON:TRR) said it has entered a US$10mln secured loan facility agreement with a syndicate managed by Tribeca Investment Partners, including the CNL Sprott Strategic Asset Fund and Paul Smith, the company's chairman.
Zoetic International (LON:ZOE), the CBD specialist, said it was making significant operational and financial headway as it updated investors on progress.
Coinsilium Group Limited (LON:COIN)(OTCMKTS:CINGF) said although the Open Finance and non-fungible token (NFT) markets are in their infancy, developments in the past year and a half have increased confidence in the company's ability to generate credible revenue streams.
88 Energy Limited (LON:88E) said it has completed the sale of the Alaskan Oil and Gas Tax Credits held by its 100%-owned subsidiary, Accumulate Energy Alaska, for US$18.7mln in cash. The firm added that US$16.1mln of the proceeds have been used to pay its outstanding debt to FCS Advisors, and that it is now debt free.
IronRidge Resources Ltd (LON:IRR) said Piedmont Lithium Inc., a Nasdaq-listed lithium exploration and development company, has agreed to fully fund and fast track the Ewoyaa lithium project in Ghana for US$102mln.
AEX Gold Inc. (LON:AEXG, TSXV: AEX) said it applied for a new exploration licence in the Kobberminebugt region of South Greenland covering an area of approximately 266 km2.
Vietnam Enterprise Investments Limited (LON:VEIL) said Derek Loh has decided to retire from the Board with effect from 30 June 2021, adding that it has also appointed Low Suk Ling as an independent non-executive director with effect from 1 July 2021.