Todays top RNS's: Petro Matad Ltd, Tiger Royalties & Invs, TAO Alpha PLC and more
Petro Matad Ltd - Production Revenue Received
Production Revenue Received
Petro Matad Limited has received $1.18 million, 70% of its invoiced amount, for Block XX oil production from PetroChina, with 30% withheld pending tax authority clearance in Mongolia. Net receipt after royalty and government share is $0.81 million. Discussions with tax authorities are ongoing to resolve the withholding, aiming for prompt future invoice payments.
Tiger Royalties&Invs - Tiger Alpha Subnet Operational Update
Tiger Alpha Subnet Operational Update
Tiger Royalties and Investments Plc announces significant progress with their Tiger Alpha Bittensor Subnet, generating over $2,300 daily and nearly $70,000 monthly. The partnership with Tao Alpha PLC enhances revenue potential, capturing scalable protocol fees and TAO rewards. This development underscores Tiger's strategic focus on advancing technology and mining projects.
TAO Alpha PLC - Operational Update and Investment Execution
TAO Alpha PLC Operational Update, Investment Execution Concluded, and OTC Application Submitted
TAO Alpha PLC has secured a £5m investment, enhancing its operational capacity and treasury, earmarked for BTC purchases. A partnership with Tiger Royalties increases their subnet revenue. Upcoming launches of AI platforms on TAO subnets and an OTCQB application aim to leverage expanding US blockchain and cryptocurrency adoption.
Smarter Web Company - Appointment of Bitcoin Strategy Consultant
Appointment of Bitcoin Strategy Consultant
The Smarter Web Company PLC has appointed Jesse Myers as Bitcoin Strategy Consultant. Myers, a seasoned Bitcoin industry expert, will support CEO Andrew Webley with Bitcoin strategy and investor communications. He brings extensive experience, having founded a successful Bitcoin hedge fund and co-founded Onramp Bitcoin. Myers has also invested substantially in the Company.
Power Metal Res. - Uranium Joint Venture: Badger Lake Update
Uranium Joint Venture: Badger Lake Update
Power Metal Resources PLC and Fermi Exploration have identified drill targets at the Badger Lake Uranium Property in the Athabasca Basin, Canada. A 2,400 m diamond drilling program is planned for summer 2025 to explore a conductive body coinciding with geochemical anomalies, aiming to uncover significant uranium deposits.
Oxford Metrics PLC - Interim Results
Interim Results for the six months ended 31 March 2025
Oxford Metrics plc reports strategic progress in H1 2025, with markerless motion capture launched and two acquisitions completed. Despite a 14% revenue decline from £23.5m to £20.1m due to strong FY24 comparatives, a net cash position of £39.9m supports future growth. Smart manufacturing revenues grew by 194%, while challenges in US funding are impacting some sales.
Speedy Hire PLC - Final Results
Speedy Hire Plc: Audited Results for the Year Ended 31 March 2025
Speedy Hire Plc announces its audited results for the year ending 31 March 2025. Despite macro-economic challenges, the company continues to see growth opportunities through its Velocity strategy, recording a slight revenue drop to £416.6m. Strategic investments in sustainable products and digital capabilities pave the way for future growth, sustaining robust customer service and contract wins.
Goldstone Resources - Notice of Final Results & Operations Update
Goldstone Resources Limited: Notice of Final Results & Operations Update
Goldstone Resources Limited (AIM: GRL) plans to release its final audited results for 2024 on 30 June 2025. The company reports strong production at the Homase Mine in Ghana, with 2,343 ounces of gold doré poured in 2025. Gold sales are compliant with the Ghana Gold Board Act, with 20% sold to GoldBod.
Electric Guitar PLC - Placing to raise £775,000
Electric Guitar PLC: Placing to raise £775,000 and Appointment of Joint Broker
Electric Guitar PLC successfully raised £775,000 through placing 968,750,000 new shares, with plans to facilitate a reverse takeover. Novum Securities has been appointed as a Joint Broker and helped execute the transaction. The funds will mainly cover acquisition costs and general working capital. The company's share capital post-placement stands at 2.21 billion shares.
Gore Street Energy - Strategy Update, Dividend, Unaudited NAV
Gore Street Energy Storage Fund PLC - Dividend Declaration & Strategy Update
Gore Street Energy Storage Fund PLC announces a 1 pence dividend, with a special 3 pence dividend expected later in 2025. Revised management fees will reduce costs by 22%. Recent US projects reached commercial operations, and proceeds from ITC sales are at the high end of forecasts. The Company is consulting shareholders on capital allocation strategies and updating policies.
Kistos Holdings PLC - Balder Phase VI FID
Balder Phase VI FID
Kistos Holdings PLC and partner Vår Energi have reached a Final Investment Decision (FID) for Balder Phase VI. The project, part of a broader plan to boost production in the Balder area, aims to add 15 million barrels of oil equivalent. It is expected to come online by the end of 2026, enhancing production with strong economic returns.
Rockwood Strategic - Full year results to 31 March 2025
Rockwood Strategic PLC Reports Strong Performance for FY2025
Rockwood Strategic PLC reported a remarkable NAV Total Return of 21.0% for the year ending March 31, 2025, outperforming both the FTSE Aim All-Share and FTSE Small Cap indices. The company issued new shares, increasing NAV to £96.6m. Post year-end, the NAV Total Return increased 10.0% by June 13, 2025, demonstrating successful strategic deployment.
Landore Resources Ld - Positive Drill Campaign Results at BAM
Positive Drill Campaign Results at the BAM Gold Project
Landore Resources Limited announces promising results from its Spring 2025 drilling programme at the BAM Gold Project in Ontario, Canada. The campaign reveals substantial mineralisation to the east and west of the existing resource, enhancing confidence in orebody potential. These results will aid an updated Mineral Resource Estimate, expected in Q3 2025.
Valereum PLC - Valereum Plc Announces New CEO
Valereum Plc Announces New CEO
Valereum Plc has appointed Gary Cottle as the new CEO. With extensive experience in investment banking and digital infrastructure, Gary aims to drive Valereum's growth in the digital asset ecosystem. Chairman James Formolli emphasizes Gary’s role in the company's global expansion and the integration of its blockchain and AI investments. For more details, visit the Investor Hub.
MobilityOne Limited - Trading update
MobilityOne Limited: Trading Update
MobilityOne Limited reports a decline in unaudited FY 2024 revenue to £230.2m due to softer demand, with losses rising to £3.45m. The company is pursuing initiatives to reverse performance and ensure sustainable growth, including strategic partnerships and enhanced services. However, challenging business conditions and pending transactions may impact future results.
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