Today top RNS's: Mkango Resources, Ltd Smarter Web Company, Plexus Holdings & More
Mkango Resources Ltd - FIRST RECYCLED RARE EARTH ALLOY PRODUCTION
FIRST RECYCLED RARE EARTH ALLOY PRODUCTION AT TYSELEY ENERGY PARK, BIRMINGHAM, UK
Mkango Resources Ltd. has announced the initial production of recycled rare earth alloy at Tyseley Energy Park in Birmingham, UK. This milestone involves Hydrogen Processing of Magnet Scrap technology and commercial contributions by HyProMag and the University of Birmingham. This development promises to boost the UK's capabilities in rare earth magnet recycling.
Smarter Web Company - Subscription Tranche Update - £22.9m Proceeds
The Smarter Web Company PLC Subscription Tranche Update
The Smarter Web Company PLC announced the placement of an initial tranche of 7 million new Ordinary Shares, raising £22.9m. A further tranche of 14 million shares is now available. Proceeds will fuel growth and acquisitions. The company notably retains an innovative Bitcoin Treasury Policy, reflecting its belief in Bitcoin's potential within the financial system.
Plexus Holdings Plc - Operations Update
Plexus Holdings PLC Operations Update
Plexus Holdings PLC reports financial results aligning with market expectations for the year ending June 2025. A successful £3.5 million fundraising enabled the expansion of their Exact™ EX rental fleet. Significant progress in the Middle East and North America, including upcoming shipments and new contracts, underscores Plexus' reputation in challenging engineering environments.
Smarter Web Company - Bitcoin Purchase and Updated Investor Presentation
The Smarter Web Company has acquired 226.42 Bitcoin, raising its total holdings to 1,000 Bitcoin. Their strategy includes using Bitcoin as part of their treasury policy. An updated investor presentation is available on their Investor Relations website. The Company's involvement in Bitcoin aims to provide value and growth, despite the associated risks.
Georgina Energy PLC - Hussar EP513 Update
Georgina Energy's subsidiary, Westmarket Oil & Gas, received approvals from DEMIRS for drilling activities at the Hussar Prospect. They will provide additional information to support the application in the EP513 target area. The company is focusing on fulfilling permit obligations, managing acquisitions, and exploring further opportunities.
TAO Alpha PLC - Proposed Board Appointment
Tao Alpha PLC, soon to be Satsuma Technology PLC, announces the proposed appointment of Henry Elder from UTXO Management as Non-Executive Director. With extensive experience in Bitcoin infrastructure and digital asset strategies, Henry's arrival is set to bolster Tao's ambition to lead in BTC treasury management and decentralized AI innovation in the UK.
Central Asia Metals - Revised off-market takeover agreement
Central Asia Metals Plc (CAML) announces a revised off-market takeover bid for New World Resources Limited (NWR). Valuing NWR at A$230 million, CAML offers A$0.062 per share to acquire shares it doesn't own, subject to no prescribed occurrences. The NWR Board recommends the offer. CAML has also agreed to provide a US$6.5 million loan facility to NWR.
CleanTech Lithium - Process Test-work Progress Update
CleanTech Lithium PLC reports promising results from trials with DuPont's nanofiltration technology for lithium extraction in Chile. The technology demonstrated high rejection rates of calcium and magnesium impurities, with lithium recovery rates of 94% and 92%. This advancement could lead to reduced capital and operating costs, supporting CleanTech's sustainable lithium production goals.
Catenai PLC - Alludium “First Look” Event
Catenai PLC (AIM: CTAI) highlighted Alludium Ltd's recent "First Look" event, presenting their no-code AI agent platform. The event showcased the platform's ability to automate complex processes with AI agents, including an open source strategy by SVV, their design partner. SVV plans to deploy over 50 AI agents, revolutionizing venture capital operations.
Acuity RM Group Plc - Product Launch
Acuity RM Group plc introduces NextGen STREAM®, a major update to its cybersecurity risk management software. This new version enhances usability, AI-readiness, and automated threat assessment, facilitating rapid integration and compliance. Promising faster growth and reduced costs, NextGen STREAM® seeks to revolutionize risk management and expand global market opportunities for Acuity RM.
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