Chaarat Gold Holdings (LON: CGH) gained shareholder approval to leave AIM on Thursday. This is expected to happen on 16 August and there will be a matched bargains facility on Asset Match. Yet, the share price has soared 88.9% to 0.255p, having more than doubled at one point, although it remains well below the level […]

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UK Oil & Gas (LON: UKOG) has received a letter of support from Sumitomo subsidiary Summit Energy Evolution for Dorset and Yorkshire hydrogen storage projects. Summit Energy Evolution will cooperate and may invest in the projects. There could be involvement with the Sumitomo hydrogen generation project at Bacton in Norfolk. This provides a base for […]

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Semiconductors designer Sondrel (LON: SND) is raising £5.63m at 10p/share and plans to cancel the AIM quotation. ROX Equity Partners is subscribing for the shares and its loans will be converted into a further 28.7 million shares, taking its stake to 49.3%. This requires government and shareholder approval. Miles Woodhouse will be ROX Equity Partners’ […]

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Trading in Revolution Bars Group (LON: RBG) shares after it published interims to December 2023 and plans to raise up to £12.5m via a placing and seven-for-eight open offer late on Wednesday. Excluding a disposal gain and other exceptionals, the bars operator went from profit to loss due to higher finance costs. An impairment review […]

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A more positive trading statement from film and video translation services provider ZOO Digital (LON: ZOO) as management believes that demand should recover following the disruption of recent strikes in Hollywood. Revenues of $40m are now expected for the year to March 2024.  A new film and TV distribution client has been won and there […]

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Strong sales growth is being maintained at market research services provider System1 (LON: SYS1) and 2023-24 forecasts have been upgraded for the second month in a row. The pre-tax profit figure has been raised from £1.6m to £2.5m, while next year’s estimate has been increased from £2.2m to £3.5m. Operational gearing means that profit is […]

The post AIM movers: System1 momentum improves and Molecular Energies share price halved appeared first on UK Investor Magazine.

Cancer diagnostics firm Angle (LON: AGL) has made two positive announcements during the week. There are breakthrough results from DNA molecular analysis of cancer patient blood samples, and this covers many types of cancer. This proves the effectiveness of the Parsortix system combined with DNA analysis. Angle believes that using CTC-DNA testing of living cancer […]

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Oriole Resources (LON: ORR) has signed a definitive earn-in agreement with BCM International for the Bibemi gold exploration project in Cameroon. That triggers a payment of $450,000. BCM will then spend $4m on exploration to earn 50% of the project. Drilling should start in the first quarter. The Mbe project agreement should be agreed by […]

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Quantum Blockchain Technologies (LON: QBT) says that its proprietary Method A and Method B software is available as a SaaS platform. Potential bitcoin mining clients were interested in the software, but the company did not want to give up the source code, so it has developed the SaaS platform. The share price soared 110% to […]

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Oil and gas company Tower Resources (LON: TRP) have risen by 31.3% to 0.21p following yesterday’s fundraising news. Tower Resources is raising up to $6m with a place over 24 months. The initial tranche of $1.7m will be raised at 0.36p a share – more than double the previous market price. Active Energy Group (LON: […]

The post AIM movers: Tower Resources rising and Unbound hit by postal strikes appeared first on UK Investor Magazine.

7Digital (LON: 7DIG) has won a new contract with Pinterest and the share price has jumped 62.2% to 0.365p. The three-year contract will deliver licenced commercial music tracks to Pinterest via the 7Digital music-as-a-service platform. Corcel (LON: CRCL) has signed an exclusive 45-day option to acquire 100% of the Mt Weld project in Western Australia. […]

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Revolution Bars (LON: RBG) is acquiring the Peach Pub Company, which will help to make the group less dependent on drinks with a greater exposure to food sales. Revolution Bars is paying £16.5m for Peach Pub, although £500,000 is contingent on future performance. Revolution Bars operates 69 bars and Peach Pub has 21 food-led pubs […]

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Revolution Bars Group (LON: RBG) trading remains strong and today’s trading statement has sparked a forecast upgrade by finnCap for the vodka bars operator. Refurbished bars have done particularly well, and two new bars should open by the end of June. They are the first new openings for four years. Cost control is helping to […]

The post AIM movers: Revolution Bars, Verici Dx, Condor Gold, Tekmar, Devlover Digital appeared first on UK Investor Magazine.

Revolution Bars expecting “significant pent-up demand” following the easing of restrictions Revolution Bars (LON: RBG) confirmed today that it will be opening 20 of its locations when hospitality companies are allowed to serve customers outdoors in April. The AIM-listed company, which owns 66 sites in total, is expecting “significant pent-up demand” following the easing of restrictions. […]

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The British bars and pubs scene has been busy over the last few weeks and months. Different firms have seen different results across the festive trading period, where firms look to make ground and reach peak business trading levels. Here is a roundup of the most recent updates from the main names in the industry […]

The post British Bars and Pubs round up – a cocktail of results and performances appeared first on UK Investor Magazine.