Todays Top RNS's from Vox Markets: Avacta Group, TruFin, Avon Technologies & More

Avacta Group PLC - Avacta Announces Presentations at AACR

Avacta Therapeutics will showcase three presentations at the AACR Annual Meeting in April 2025, in Chicago. Discussions will cover the company's pre|CISION® platform, highlighting AVA6000 and AVA6103 peptide drug conjugates, as well as insights into fibroblast activation protein-alpha (FAPα). These presentations reflect advances in targeted cancer therapy, underlining Avacta's innovative approaches.

TruFin PLC - Final Results for the 12 months ended 31 Dec 2024

TruFin achieved remarkable growth in 2024, with a 203% increase in gross revenue to £55 million and a rise in adjusted EBITDA to £7.6 million from a previous loss. Playstack led the charge with a 455% revenue surge. Positioned for continued success, TruFin enters 2025 with optimism and strategic goals for enhanced profitability.

Avon Technologies - Q2 trading update

Avon Technologies reports strong Q2 trading with continued momentum, driven by increased helmet sales to the US DOD and respirator orders from European NATO. This has led to an upgrade in their FY2025 outlook, with revenue growth expected to exceed 10%. The company anticipates better operating profit margins and remains focused on production ramp-up, despite associated risks.

Tower Resources PLC - Bridge Loan

Tower Resources plc (AIM: TRP) has secured a £500,000 unsecured fixed-price convertible bridge loan from Prime Resources Limited to support its operations in Africa. This loan provides financial flexibility for the NJOM-3 well drilling preparations in Cameroon, should farm-out agreements in Cameroon and Namibia experience delays. The loan, with a 15% annual interest, has a term of up to 12 months.

Argo Blockchain PLC - Argo Enters into Term Sheets with Gem Mining

Argo Blockchain plc has signed non-binding term sheets to acquire assets of GEM Mining LLC for up to $21.7 million, settled in new Argo shares. The deal, including a $10 million investment, aims to double Argo's hashrate and enhance Bitcoin production while supporting growth with significant financing.

Luceco PLC - 2024 Full Year Results

Luceco PLC reports 2024 results at the upper end of expectations, with a 16% revenue increase to £242.5m. Key drivers were organic growth and strategic acquisitions. The company anticipates continued momentum in 2025, aided by easing UK interest rates and expanded product offerings in high-growth markets, including EV chargers and Home Energy Management systems.

Vistry Group PLC - Full year results for the year ended 31 Dec 2024

Vistry Group PLC reported a challenging 2024 with operating profit down 25% despite a 7% revenue increase. Cost forecasting issues significantly impacted profitability. The group plans to enhance financial controls, focus on affordable housing with government support, and improve cash generation. A 40% return on capital employed and a 12%+ operating margin are medium-term targets.

Legal & General Grp - Tender Offer - Maximum Acceptance Amount

Legal & General Group Plc has set the Maximum Acceptance Amount for its tender offer related to £600 million Fixed Rate Reset Subordinated Notes due 2045. The offer is subject to certain conditions outlined in the Tender Offer Memorandum and regulatory restrictions. Noteholders should review the memorandum and consult advisers before participating.

Goldstone Resources - Production Continues to Ramp Up at Homase Mine

Goldstone Resources Limited (AIM: GRL) reports a 14% increase in gold production at its Homase Mine in Ghana, with 598.9 ounces of gold doré poured. Preparations for Pit 1 expansion advance, targeting improved production. Concurrently, infrastructure upgrades are ongoing to support enhanced mining and processing capabilities throughout 2025.

Nativo Resources Plc - Operational Update: Tesoro Gold Concession

Nativo Resources Plc announces the resumption of operations at the Tesoro Gold Mine following the end of heavy rainfall in Peru's Arequipa region. No damage was reported to the mine or camp. Mining is set to restart using an alternative access road, while repairs of the primary road begin in April. Mining operations and ore sales are expected to recommence in May.

Reabold Resources - Update on Colle Santo, Italy

Reabold Resources announces that LN Energy Ltd has agreed to acquire the entire issued share capital of LNEnergy S.r.l., seeking approval for the Colle Santo gas field development in Italy. The binding purchase and sale agreement includes progressive payments and a 4% net profits interest. The VIA Commission's site visit signals potential impending approval.

Genflow Biosciences - Institutional Investment

Genflow Biosciences Plc (LSE:GENF) announces an equity investment of £434,083 from a major institution. The funds will expedite a gene therapy clinical trial targeting age-related decline in aged dogs. This randomized, controlled trial with the SIRT6 gene aims to explore longevity, potentially transforming approaches to veterinary and human aging.

Sovereign Metals Ltd - Sovereign Completes A$40 Million Placement

Sovereign Metals Limited has secured A$40 million through the placement of 47,058,824 shares at A$0.85 per share, to support its Kasiya Rutile-Graphite Project in Malawi. The placement was oversubscribed by investors. New shares are expected to commence trading on AIM by 2 April 2025, increasing the total issued share capital to 646,938,703.