Todays Top RNS's from Vox Markets: Helium One Global, Mosman Oil & Gas, Prospex Energy & More
Helium One Global Ld - Jackson-27 Spud at Galactica Project
Helium One Global Ltd (AIM: HE1) announces the spudding of the Jackson-27 well at the Galactica helium project in Colorado. Preparations are underway to drill the intermediate section as part of their 50% joint venture with Blue Star Helium. The project will advance with a $450,000 funding commitment from Helium One.
Mosman Oil & Gas - Project Review Confirms Helium at Sagebrush-1 Well
Mosman Oil and Gas Ltd has confirmed helium and methane presence at the Sagebrush-1 Well in Colorado. A 1993 gas analysis revealed 2.76% helium, 20% methane, and other gases. Next steps include a feasibility study for helium and methane production. Conversion of the well, leveraging existing infrastructure, is being explored to commence commercial production.
Prospex Energy PLC - Completion of Acquisition of 100% of Tarba
Prospex Energy plc has completed the acquisition of Tarba Energía, securing 100% interest in El Romeral assets and permits in Southern Spain. This strategic move is expected to significantly boost production and revenues. The company also updated on Viura project, with drilling delayed until 1 July 2025 pending 3D seismic data reprocessing.
Bezant Resources PLC - Proposed sale of Eureka Project in Argentina
Bezant Resources Plc (AIM: BZT) has entered into a conditional share purchase agreement to sell its Eureka Project in Argentina to Ajax Resources Plc for US$170,000 in cash. This transaction allows Bezant to concentrate on its Southern African ventures, notably the Hope and Gorob project in Namibia. Completion is contingent upon Ajax's upcoming delisting.
Sosandar PLC - Full Year Trading Update
Sosandar plc reported solid strategic progress for FY25, achieving a positive shift in margin and profit before tax as it transitions to a full-price multi-channel retailer. Despite a revenue dip to £37.2m from £46.3m, the company improved gross margins to 62.5%. Sosandar opened six stores and anticipates sales growth in FY26.
SIMEC AtlantisEnergy - SAE secures CCR funding
SIMEC Atlantis Energy Limited (SAE) secures an £8.5m loan from Cardiff Capital Region's Strategic Premises Fund for the Afon Wysg 1 Battery Storage project at the Uskmouth Sustainable Energy Park. This strategic investment will support SAE’s goal of becoming a leading sustainable project developer, aiming for financial close in the coming months.
Jubilee Metals Group - Operational Update Q3 FY2025
Jubilee Metals Group reports impressive operational results for Q3 FY2025, with chrome concentrate production up by 10.7% and PGM production rising by 34.0% compared to Q3 FY2024. The Company has increased its production guidance for both chrome and PGM, forecasting 1.85 million tonnes and 38,000 oz respectively, for the financial year ending 30 June 2025.
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