LONDON: Good Energy Group PLC (AIM: GOOD), the renewable electricity supplier and energy services provider, has made a further £1.7 million strategic investment into Zapmap Limited through a convertible loan note. Good Energy currently holds 49.9% of the issued share capital of Zapmap. Today’s investment of a further £1.7m has been made through a secured…
Category: London Stock Exchange
News and updates from London Stock Exchange
Ørsted invests in battery energy storage system co-located with Hornsea 3 Offshore Wind Farm
LONDON: Ørsted has taken final investment decision on a battery energy storage system, which will provide stability to the UK energy supply and reduce price volatility. The Tesla battery energy storage system will be installed on the same site as the onshore converter station for Ørsted’s Hornsea 3 Offshore Wind Farm in Swardeston, near Norwich,…
Anglo Asian Mining signs agreement for copper concentrate sale to Trafigura
LONDON: Anglo Asian Mining plc, the AIM listed gold, copper and silver producer focused in Azerbaijan, announced that its subsidiary, Azerbaijan International Mining Company Limited (AIMC) has entered into a prepayment agreement totalling $5 million in respect of its sales of copper concentrate with Trafigura Pte Ltd. AIMC and Trafigura have entered into a prepayment…
Shrutisha Morris appointed Deputy CEO at DSW Capital
LONDON: DSW Capital, a profitable, mid-market, challenger professional services licence network and owner of the Dow Schofield Watts brand, announced that Shrutisha Morris will join the Board as Deputy CEO on 1 August 2024. Shrutisha Morris is a highly experienced finance and business leader, with considerable experience in M&A. She spent seven years at the…
Vinanz expands Iowa bitcoin mining activities
LONDON: Vinanz Limited, the publicly listed Bitcoin mining company with US and Canadian Bitcoin mining operations, announced that the first of its Iowa based SJ19J Pro+ (120TH) are now hashing and running at a combined hashrate 2 Petahash/sec (“PH/s”). “We anticipate that these initial 20 units will gear up to around 2.5 PH/s in the…
Directa Plus launches £6.9M fundraising with Nant Capital’s backing
LONDON: Directa Plus (AIM: DCTA), renowned for its graphene nanoplatelets products, is embarking on a fundraising venture to secure a minimum of £6.8 million and up to £6.9 million. The initiative involves a conditional placing and subscription, aiming to issue up to 38,361,106 new ordinary shares at 18p each. The company’s largest shareholder, Nant Capital,…
iomart Group appoints Richard Last as independent non-executive Chair
LONDON: iomart Group plc (AIM: IOM), the secure cloud services company, announced the appointment of Richard Last as independent non-executive Chair, effective 12th June 2024. Richard’s appointment follows a thorough and comprehensive process undertaken by the Nomination Committee. Richard Last is a seasoned board director with extensive experience across quoted and private companies in the…
Cordel AI technology certified by Network Rail
LONDON: Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, announced that Network Rail has provided a Certificate of Approval for Cordel’s AI-powered Gauging File Production. Cordel has formally achieved certification under the Network Rail “Gauging Survey, Equipment, Editing and Outputs” standard (ref NR/L2/TRK/3204 Module 1 Issue 1 March 2024) to…
Kasei Digital Assets funds Rule 110 Inc. to launch the RealityNet protocol
LONDON: Kasei Digital Assets PLC (AQSE: KASH), a digital asset and web 3.0 investment company, announced that the company has invested a total of US$100,000 into Rule 110 Inc in its seed and strategic funding round to launch the RealityNet protocol. RealityNet is a consensus protocol that enables participants to rent out unused computing resources…
Union Jack Oil expands us operations with Oklahoma project acquisition
LONDON: Union Jack Oil plc, an onshore hydrocarbon producer with interests in the UK and USA, has announced the acquisition of a 45% working interest in the Rogers Enhanced Oil Recovery Project in Seminole County, Oklahoma. The $105,000 deal with Reach Oil & Gas Company Inc includes two production wells and one injector well, mirroring…
Oracle Power acquires Blue Rock Valley Copper and Silver Project in Australia
LONDON: Oracle Power (AIM:ORCP) has announced the conditional acquisition of the entire Blue Rock Valley Copper and Silver Project in Western Australia, following the completion of due diligence. The project, located 165km southeast of Onslow, is poised for development with historical assays indicating high-grade copper and silver, and potential for uranium. Key Highlights: – Acquisition:…
Renew Holdings has acquired Excalon Holdings for £26 million
LONDON: Renew Holdings (AIM: RNWH), the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, has acquired Excalon Holdings Limited for a total consideration of up to £26 million. The acquisition represents an excellent strategic fit for the Group, allowing Renew to expand into the electricity transmission and distribution market. This…