Todays top RNS's: Vast Resources Plc, Greatland Resources, Power Metal Resources PLC and more
Placing and Subscription to raise £2,712,000
Placing and Subscription to Raise £2,712,000
Vast Resources plc, an AIM-listed mining company, has successfully raised £2,712,000 through a subscription and placing for new ordinary shares. The funds will support diamond beneficiation, bolster their technical team, and accelerate a comprehensive technical review of existing projects. The new shares will be admitted to AIM in multiple tranches by July 2025.
Greatland Resources - Greatland Resources completes ASX bookbuild
Greatland Resources Successfully Completes ASX Bookbuild
Greatland Resources Limited has finalized its ASX listing process, successfully raising A$490 million through an Australian Offering. This includes A$50 million in new shares and A$440 million via a secondary offer. The company plans to debut on the ASX on 24 June 2025, enhancing its capital market profile and expanding its investor base.
Power Metal Res. - Binding agreement with AMAK
Power Metal Resources PLC - Update on Agreement with AMAK
Power Metal Resources PLC has announced that the proposed binding agreement with Al Masane Al Kobra Mining Company in Saudi Arabia will not proceed due to unmet mutual terms. Despite this, Power Metal remains open to future partnership opportunities with AMAK to support its strategic growth.
Sunda Energy PLC - Chuditch update
Chuditch Update
Sunda Energy Plc announced the Chuditch-2 well drilling is postponed from H2 2025 to H1 2026 due to a lack of suitable logistical services in Timor-Leste. The Farm-In Agreement has been terminated, but discussions for revised terms continue. The company seeks alternative funding and rigs, with environmental approvals expected by Q3 2025.
Mkango Resources Ltd - HYPROMAG ACHIEVES FURTHER TECHNICAL MILESTONES
HyProMag Achieves Further Technical Milestones as Piloting Ramps Up in Advance of Commercial Rare Earth Magnet Production in the UK, Germany, and USA
Mkango Resources Ltd. and CoTec Holdings Corp. announce that HyProMag Limited continues to make significant progress in its pilot program for recycling rare earth magnets. The company has successfully optimized its hydrogen processing of magnet scrap technology, producing over 3,500 commercial-grade magnets, and plans to ramp up commercial production in the UK, Germany, and USA.
Valereum PLC - Strategic Investment in Fideum Group Limited
Valereum Plc Announces Strategic Investment in Fideum Group Limited
Valereum Plc (AQSE: VLRM) is set to invest €1.7 million in Fideum Group Limited for a minority stake. This investment supports Valereum's strategy in the digital asset sector, providing Fideum with resources to enhance their fintech solutions. The investment will be completed by June 2026, with Fideum's acquisition of Ai Digital Technologies also expected.
Smarter Web Company - Result Of Accelerated Bookbuild & Subscription
The Smarter Web Company PLC - Successful Fundraising Completion
The Smarter Web Company PLC has successfully raised approximately £29.3 million via an Accelerated Bookbuild and Subscription, well above the minimum target. This fundraising effort was conducted through Tennyson Securities and Peterhouse Capital Limited, resulting in the issuance of over 16 million new ordinary shares at £1.80 each, set to be admitted for trading by June 19, 2025.
Ondo InsurTech PLC - Bear River Mutual to Pilot LeakBot in the US
Bear River Mutual Insurance Company to Pilot LeakBot in the United States
Ondo InsurTech Plc announces a pilot program with Bear River Mutual Insurance Company to deploy the LeakBot device to 5,000 homeowners in Utah. This partnership aligns with Ondo's mission to reduce water damage claims, as LeakBot technology offers a self-install solution to detect leaks and notify users via a mobile app.
Wood Group (John)PLC - Wood JV wins new major EPC contract in Brunei
Wood JV wins new major EPC contract in Brunei
Wood Group (John) PLC and its JV partner, Tendrill International, secured a five-year EPC contract with Brunei Shell Petroleum. The contract encompasses engineering, procurement, and construction services across BSP's offshore and onshore assets. This strengthens Wood's presence in Brunei while fostering local expertise. The JV prioritizes safety, local capacity development, and long-term regional value.
Catenai PLC - Alludium 'First Look' Investor Event in London
Alludium 'First Look' Investor Event in London
Catenai PLC announces that Alludium Ltd will host a 'First Look' event in London on 3 July 2025, showcasing their no-code AI Agent platform. Investors will engage with the team, witness a presentation from their first design partner, and explore the platform's real-world applications. Registration is open at www.alludium.ai/firstlook.
Great Western Mining - High-Grade Results from Tungsten Prospects
HIGH-GRADE RESULTS FROM TUNGSTEN PROSPECTS
Great Western Mining Corporation PLC announces promising assay results from the Pine Crow and Defender tungsten sites. Recent samples have recorded up to 1.75% WO3, significantly boosting the area's potential with cutting-edge exploration methods. The company will accelerate further exploration due to rising tungsten demand amid global supply constraints.
Touchstone Explrtn. - Private Placement Update
Touchstone Exploration Provides Private Placement Update
Touchstone Exploration Inc. has announced an update regarding its £15.375 million private placement. The company has received £5.05 million to date and anticipates the remaining £10.325 million by June 20, 2025. The funds support the Cascadura drilling program and general capital needs. The Toronto Stock Exchange has extended conditional approval for the offering.
Harvest Minerals Ltd - Sales and Corporate Update
KP Fértil® Sales and Corporate Update
Harvest Minerals Limited reports a significant increase in sales, with 12,300 tonnes of KP Fértil® ordered by May 2025. The "Momento Certo" campaign fueled sales growth amid ongoing credit challenges in Brazil's agricultural sector. The company continues strategic reviews, exploring alternatives for maximizing shareholder returns, including potentially selling one or both business divisions.
SkinBioTherapeutics - Superdrug agreement, Placing & Retail Offer
SkinBioTherapeutics Signs Superdrug Agreement and Announces Fundraising
SkinBioTherapeutics plc has entered into an exclusive UK agreement with Superdrug for its AxisBiotix™ products. To support this launch, the company has raised £4.1m through a placing and subscription, alongside a proposed retail offer of £0.62m. Additionally, AxisBiotix™-Ps has received recognition from the US National Psoriasis Foundation.
Kistos Holdings PLC - TR-1
Notification of Major Holdings: Kistos Holdings PLC
Kistos Holdings PLC announced a change in major voting rights due to an acquisition by Rathbones Investment Management Ltd, crossing a 5% threshold. The total voting rights increased from 4.996% to 5.123%. The notification, completed on 13 June 2025, includes entities like Investec Wealth & Investment Limited and Rathbones Investment Management International Limited.
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The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.