Todays Top RNS's from Vox Markets: Alien Metals, Intercede Group, Gear4music & More

Alien Metals Limited - Joint venture partner commences fieldwork

Alien Metals Ltd, in partnership with Errawarra Resources, has commenced fieldwork at the Elizabeth Hill Silver Project in Western Australia. The joint venture aims to refine drill targets for an upcoming inaugural drill program. Exploration activities include historical core review, soil sampling, and structural mapping to identify high-priority silver targets.

Intercede Group PLC - Momentum maintained with New Contract Orders

Intercede Group plc, a leader in cybersecurity software, has reported substantial growth with new contracts and renewals worth approximately $4.45 million, spanning the US and Middle East markets. These contracts exceed Board expectations for FY25, boosting revenue backlog for FY26, and highlight the company's strong global presence and advanced product solutions in digital identity protection.

Gear4music - Trading Update

Gear4music reports strong financial performance for FY25, exceeding FY24 figures, with UK sales up 9%. European sales face competitive pressures, declining by 8%. EBITDA is expected to reach £10.0m, and net bank debt reduced to £6.4m. Strategic initiatives are underway to bolster growth, setting a positive outlook for FY26.

Empyrean Energy PLC - DST to be conducted over potential oil zone

Empyrean Energy PLC announces plans for a Drill Stem Test (DST) at the potential oil zone in the Wilson River-1 well. The JV partners are finalizing testing options, aiming for a late April start. Further petrophysical analysis of other zones continues. Empyrean CEO, Tom Kelly, expresses optimism regarding the main potential oil zone testing.

Argentex Group PLC - Final Results

Argentex Group reports strong 2024 financial performance, achieving £50.3m in revenue and exceeding profit margin expectations due to strategic growth plans and international expansion. Although transforming investments led to a £0.2m operating loss, the company remains debt-free with £18.4m in net cash. Argentex eyes significant revenue growth opportunities with new regional operations and a global platform launch in 2025.

Topps Tiles - First Half Trading Update

Topps Tiles Plc reports a 4.0% increase in first-half sales to £127.7 million, driven by strong trade and digital growth. Like-for-like sales rose 3.0%, supported by strategic digital initiatives and category extensions. Despite a challenging cost environment, gross margins improved, with anticipated profit growth expected in the second half of 2025.

Genedrive PLC - Additional grant funding under DEVOTE programme

Genedrive plc (AIM: GDR) has secured additional Innovate UK funding of £0.2m to further advance their DEVOTE project. This extension supports the continued development of their rapid genetic testing kits, in collaboration with the University of Manchester, enhancing user experience and accelerating the adoption of genomic technology into clinical practice within the NHS.

Surface Transforms - Financing, trading and operations update

Surface Transforms PLC reports on Q1-25, highlighting strong customer support and strategic discussions for long-term arrangements. Despite cash constraints impacting operations and yield inconsistencies, the company maintains optimism for resolving these issues. With over £8m in customer cash advances and £1.2m in gross cash, the focus remains on operational improvements.