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The Markets
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Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
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The Markets
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Proactive news highlights: Pantheon Resources, MGC Pharma, Power Metals, and more

Bradda Head Lithium Ltd chairman Ian Stalker described the financial year ended 28 February 2022 as "both busy and exciting" as the company made its AIM-market debut and advanced its Basin East project in Arizona.

In its July 2021 IPO, the company raised US$8.5mln, followed by a US$12.9mln fundraise in April 2022.

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Pantheon Resources PLC (AIM:PANR, OTC:PTHRF) told investors that results to date from the Alkaid-2 well in Alaska are exceeding expectations, with the vertical section of the well encountering higher quality reservoirs.

The explorer, in a statement, said the well reached its total vertical depth of 8,950 feet having encountered multiple oil-bearing reservoirs across each of the well’s three target formations – the Shelf Margin Deltaic, the Alkaid and the previously untested Alkaid Deep.

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London and Australia listed European Metals Holdings Limited provided a quarterly activities report, detailing previously announced progress at the Cinovec lithium and tin project in the Czech Republic, where the company is work towards the publishing of a Definitive Feasibility Study and talks are underway over potential off-take sales deals.

Metal Tiger Plc today relayed quarterly activity reports from its Australia-listed associates Southern Gold, Armada Metals, and Cobre Limited.

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