MANILA: Sunda Energy Plc (AIM: SNDA), a Southeast Asia-focused gas company, said Wednesday it has been awarded non-operated interests in two offshore petroleum service contracts in the Bangsamoro Autonomous Region of Muslim Mindanao (BARMM), following the region’s 1st Conventional Energy Bid Round. The contracts, SC-80 and SC-81, cover licence blocks in the southwest Sulu Sea….
LONDON: Beacon Energy plc (AIM: BCE) said Tuesday it has signed a binding, conditional share purchase agreement with Reabold Resources plc to acquire a significant stake in LNEnergy Limited, marking a strategic entry into Italy’s onshore gas sector. The proposed transaction, classified as a reverse takeover under AIM rules, will give Beacon Energy up to…
LONDON: CPP Group Plc (CPP.L) said on Tuesday it was reorganising its leadership and implementing significant cost reductions, including the closure of its Leeds office, to align its structure with its refocused business strategy. The announcement, made ahead of interim results due on Sept. 29, follows the completion of a change programme and the recent…
The company reported a loss before tax of £980,338, reflecting increased costs LONDON: Fiinu Plc, the fintech group behind the Plugin Overdraft® and recently re-admitted to trading on AIM following its acquisition of Everfex P.S.A., on Monday announced its unaudited half-year results for the six months ended June 30, 2025, underscoring strategic momentum and capital-raising…
LONDON: Metals One Plc (AIM: MET1), a critical and precious metals exploration company, said Friday it has acquired a 10.45% stake in Evolution Energy Minerals Ltd (ASX: EV1) and agreed to underwrite part of Evolution’s A$1.45 million Rights Issue. The investment provides Metals One exposure to Evolution’s Chilalo Graphite Project in Tanzania, a development-ready asset…
LONDON: Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators, local authorities, and the public transport networks that connect them, announced completion of the acquisition of Crime and Fire Defence Systems Limited (CFDS), a specialist infrastructure protection systems integrator in physical and cyber security solutions to the UK…
LONDON: Prospex Energy plc (AIM: PXEN) said Thursday that its joint venture operating the Selva Malvezzi gas concession in northern Italy has signed a new 12-month gas sales agreement with Hera Trading S.r.l., a subsidiary of multi-utility giant Hera Group. The agreement, effective Oct. 1, 2025, will replace the current contract with BP Gas Marketing…
LONDON: Orosur Mining Inc. said Thursday it has been notified that Newmont Mining Corporation has sold its approximately 9.4% stake in the company to several institutional long-term investors. The shares were sold at a price of C$0.19 per common share, according to a statement released by Newmont to the Toronto Stock Exchange after market close…
LONDON: Catenai PLC (AIM: CTAI), a digital media and technology provider, said Thursday it has completed the second £450,000 tranche of its investment in Alludium Ltd, a UK-based pre-revenue technology company. The funding follows shareholder approval of share allotment authorities from the June 26 announcement. Catenai subscribed for 681,663 ordinary shares in Alludium at 73…
LONDON: Public Policy Holding Company, Inc. (AIM: PPHC) announced Thursday it has entered into a binding agreement to acquire Pine Cove Capital, LLC, a premier Texas-based strategic consulting firm, for an initial consideration of $3 million and a total potential value of $13 million. The acquisition, expected to close in August, is anticipated to be…
KIRKLAND LAKE: Fulcrum Metals plc (AIM: FMET), a technology-led company focused on recovering precious metals from mine tailings in Canada, on Monday reported its final results for the year ended Dec. 31, 2024, highlighting a strategic pivot toward gold tailings processing and key mineral discoveries. During the year, the company formalized a definitive option agreement…
ADELAIDE: Thor Energy plc announced Monday that its subsidiary, Go Exploration Pty Ltd, has accepted an offer from the South Australian Department for Energy and Mining for three Gas Storage Exploration Licenses (GSELs 804, 805 and 806). The licenses, strategically located near Adelaide, provide exclusive rights to explore underground gas storage potential across more than…