Avation PLC, Oriole Resources PLC, 4Global PLC and more…


Gfinity PLC (AIM:GFIN) has appointed Rebekah Billingsley as Managing Director of its digital media division, GDM, joining the company in her role in early October.

Billingsley is currently Global Marketing Director at Ecco Shoes and previously held senior roles in marketing, digital, content and business development at a number of companies, including the BBC, according to a company statement. eSports.

Power Metal Resources PLC (AIM:POW) has provided an update on the Molopo Farms complex project, which is targeting a large-scale discovery of nickel-copper-platinum (PGE) group elements in southwest Botswana, drilling to start soon.

In a statement, Paul Johnson, Managing Director of Power Metal Resources, said: “Our work at Molopo Farms is accelerating with the parameters for the first two diamond drill holes in the 1-6 target now confirmed. site, we expect to begin drilling the first priority target hole shortly.

Cleantech Lithium CEO Aldo Boitano said the recent AIM listing had made “tremendous progress” with its flagship assets in Chile in the first half of 2022.

“Our drilling campaigns have produced results that we are truly satisfied with and we will continue to advance our work programs to 2H 2022 to maximize their potential value,” he said in a statement.

Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) expects to produce 54,000 to 58,000 ounces of gold equivalent (GEO) in 2022, the Azerbaijan-focused company said alongside its first-half results.

The copper, gold and silver miner produced 28,772 GEOs in the first half, compared to 32,171 ounces the previous year, due to lower gold grades at its Gedabek operation.

finnCap Group PLC said its business was in line with expectations set out at the time of the 2022 annual results it released in July and that it expects “somewhat better revenue performance” in the second half than in the first. semester. current financial year.

In an update released ahead of its annual general meeting on Thursday, the city firm said that overall its revenue as of August 31, 2022 was about 30% lower than the comparable period of 2022 – its record year – reflecting the broader and well-documented themes of weak investor confidence, reduced activity in equity markets and tighter debt market conditions that have an impact on society and their peers.

Ferro-Alloy Resources Ltd (LSE:FAR) said it planned to raise £8.6m, before expenses, so it could complete a feasibility study for the giant Balasausqandiq vanadium deposit in the southern Kazakhstan.

It proposes to raise approximately £8.2 million through a placement and subscriptions and the remainder from a PrimaryBid offering, all at an issue price of 12.0 pence per share, a discount 17.9% from yesterday’s closing price.

4GLOBAL PLC (AIM:4GBL) said its DataHub will be rolled out in continental Europe in conjunction with non-profit organization EuropeActive.

As the European association for fitness and physical activity, EuropeActive represents an industry that generates annual revenues of over €28 billion, with over 64,000 installations used by over 64 million customers across the continent.

Diversified Energy Company PLC (LSE: DEC, OTCQX: DECPF) announced that it had received the ESG Investing “Best Sustainability Reporting Award” for 2022, recognizing its documentation for 2021.

The company, in a statement, said the award reflects the company’s “commitment to embedding sustainability into the fabric of its funding and operating strategies, and underscores the company’s commitment to transparent reporting. ESG in its sustainability and annual reports”.

Galantas Gold Corp (AIM: GAL, TSX-V: GAL, OTC: GALKF) announced that it has appointed an experienced mining contractor to develop access and exploration of the Joshua Vein at its Omagh Gold Project in Northern Ireland.

QME Ltd, based on the east coast of Ireland, will undertake 600 meters of underground development, which is expected to start in January 2023.

Gresham House said all of its divisions saw capital inflows in the first half of 2022, with assets under management rising 11% to £7.3bn.

Inflows totaled £299m, while the value of funds under its control increased by £352m, thanks to significant gains in forest management, AUM’s largest division, and energies new and lasting.

Oriole Resources PLC (AIM:ORR) has announced positive results from the latest drilling program on its 90% owned Bibemi gold project in Cameroon.

Highlights from Phase 4 of its diamond drilling program include 2.00 meters (m) grading 39.42 grams per tonne (g/t) gold at a depth of 160m at the strike hole extension. phase 2 BBDD034, including 1.00 m at 75.36 g/t gold.

Avation PLC (LSE:AVAP) said it expects its results for the year to June 30, 2022 to show a return to net profit as the company and the aircraft leasing industry continue to recover from the decline in air travel during the COVID-19 pandemic.

Revenue for the year was $115 million, the commercial aircraft leasing company said.

Future Metals NL (ASX:FME, AIM:FME) has secured approval – and a drilling contractor – for a works program involving 3,000 meters of initial diamond drilling at the Panton project in Western Australia, which will begin next month once ongoing ground exploration studies are complete.

The company is targeting nickel-copper-platinum (PGE) group element sulfide accumulations outside of existing resources at Panton with geophysical surveys overseen by new senior exploration advisor Dr. Jon Hronsky.

Reabold Resources PLC (AIM:RBD) has completed the acquisition of working interests in all non-Victory licenses (P2596) in Corallian Energy’s portfolio, namely: P2396, P2464, P2493, P2504 and P2605 (all 100% working interest) and P2478 (36% working interest). Yesterday Reabold agreed to sell its stake in Victory to an unnamed oil major for a net £12.7million.

Open Orphan PLC (AIM:ORPH, OTC:OPORF) has confirmed that it is aware of allegations of potential insider trading by an individual unrelated to the company and is cooperating with the Irish authorities who are investigating on the case. Investors have been advised: “The Open Orphan Board of Directors is satisfied that there are no implications for the company in resolving this allegation and confirms that no employee, officer, director or anyone connected the company was not involved in this matter nor did they suspect any wrongdoing.

Roquefort Therapeutics PLC has confirmed that an application has been filed with the Financial Conduct Authority (FCA) and the London Stock Exchange (LSE) for a total of 57,249,998 new ordinary shares of the company, comprising 50,000,000 shares of consideration and 7,249,998 Placement Shares of £0.01 each , to be admitted to trading on the LSE Main Market, with admission to be tomorrow, Friday 15th September 2022 at 8.00am. Completion of the acquisition of Oncogeni Ltd, founded by Nobel Prize-winning Professor Sir Martin Evans, which has developed two families of innovative drugs in cellular and RNA oncology, and the associated placement will be effective upon admission. The prospectus and further information about the company are available on the Roquefort Therapeutic website.

Mode Global Holdings PLC, the LSE-listed Fintech group, has announced that it has received and accepted notices resulting in the conversion of an aggregate principal amount of £29,160.24 of its Loan Notes, resulting in the issue of 914,461 new ordinary shares of 1 pence each in the capital of the company at a conversion price of 0.0319p per share.


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