Weekly Stock Market News - Issue #193

The U.S. shale producers behaved in an admirable manner over the past year. This was not something the industry wanted. It was forced to do it by the pandemic. It might be theRead More…

UK Oil & Gas PLC (UKOG.L) announced that it has completed a planned two-week production facility upgrade at its 85.635% owned Horse Hill oil field. Works included modifications to prepareRead More…

Petrofac, an oil services company, has reached a plea agreement with the UK fraud watchdog to close a long-running inquiry. This London-listed company was the subject of an investigation byRead More…

Eurasia Mining Plc (“Eurasia” or the “Company”), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that the financing released via RNS on 20 September 2021Read More…

The first day of Autumn has arrived and, as days grow shorter and colder, you can see Londoners scurrying around when they spot a glisten of rays to catch thoseRead More…

WTI $73.30 +$1.07, Brent $77.25 +$1.06, Diff -$3.95 -1c, NG $4.98 +17c, UKNG 172.0p -5.01p By Malcolm Graham-Wood Oil price Yet another good day for oil as various news itemsRead More…

LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, provides the following corporate update. As announced on 2 September 2021,Read More…

Additional Pyroxenite Band with Visible Sulphides Assayed Returning up to 1.7% Nickel Power Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries across its global projectRead More…

Zak Mir takes a technical analysis look at some of the most followed small caps on the London market. Today’s selection includes Audioboom, Corcel, Cloudcoco, Emmerson, Landore, Mode, Oracle, Polarean,Read More…

This weeks announcement on Power Metal Resources and Australian JV updated the markets with Andrew Bell stepping down from his active role as Chairman and director of Power Metal ResourcesRead More…

The following Q&A comes from the recent DeepMatter Group Plc Half Year Results Webinar Q1: I have watched my investment in Deepmatter lose considerable money with lack of news, whatRead More…

Further to the Heads-of-Terms announced on 9 August 2021, Microsaic has confirmed its signing of an agreement (‘the Agreement’) with Jiangsu Henzhihe Technologies Co. Ltd. (‘HZH’), to provide services includingRead More…

Panther Metals (PALM) unveiled a half-year report. The company said that towards the end of the period it completed its first JORC Exploration Target of 30Mt-50Mt at 0.6-0.8% nickel andRead More…

There was a new man at the top for Chaarat Gold (CGH), as the AIM-quoted gold mining said thatMike Fraser had been appointed to the Chaarat board as Chief ExecutiveRead More…

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, confirms it will be hosting a retail investor meetingRead More…

CALGARY, ALBERTA (September 24, 2021) – Touchstone Exploration Inc. (“Touchstone”, “we”, “our”, “us” or the “Company”) (TSX, LSE: TXP) reports that the Company has completed drilling the Royston-1 exploration well.Read More…

Microsaic sign manufacturing, supply, and service agreement to support China operations Production assembly to commence this year and on track for China medical device licence in 2022 Microsaic Systems plcRead More…

Oracle Power PLC (AIM:ORCP), the international natural resources project developer, announces that Ms Naheed Memon, CEO of Oracle, acquired the entire share capital of Nazario Consultancy Limited, for a considerationRead More…

WTI $72.23 +$1.74, Brent $76.19 +1.83, Diff -$3.96 +9c, NG $4.81 n/c, UKNG 177.01 -3.55p By Malcolm Graham-Wood Oil price A good day for oil as the EIA inventory statsRead More…

Video showcasing application specific Occula® NPU, highly optimised for human detection and tracking Seeing Machines Limited (AIM: SEE, “Seeing Machines” or the “Company”), the advanced computer vision technology company thatRead More…

InfraStrata plc (re-named Harland & Wolff Group Holdings plc) (the “Company”) Change of name effective Further to its recent announcement, the Company confirms that its change of name to HarlandRead More…

Zak Mir takes a charting looking at some of the most followed small caps on the London market. Today’s selection includes Amala, Cornish Metals, FinnCap, Gemfields, Galileo, Itaconix, Kibo, Netscientific,Read More…

Panther Metals PLC (LSE:PALM) the company focused on mineral exploration in Canada and Australia, is pleased to announce all necessary drilling equipment has been mobilised to our 100% owned DottedRead More…

Chill Brands Group plc (LON:CHLL) (OTCQX:ZOEIF), the international CBD group, is pleased to announce the launch of an innovative new range of Tobacco-Free Nicotine (“TFN®”) flavour pouches. Highlights ● ChillRead More…

Kistos (LSE: KIST), the low carbon intensity energy producer pursuing a strategy to acquire assets with a role in energy transition is pleased to announce that. Following a planned four-weekRead More…

Union Jack Oil plc (AIM: UJO), a UK-focused onshore hydrocarbon production, development and exploration company, is pleased to announce that it has raised £3 million by way of a placingRead More…

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, notes the announcement this morning by Harbour Energy plcRead More…

Argo Blockchain, a global leader in cryptocurrency mining (LSE: ARB), is pleased to announce the pricing of its initial public offering of 7,500,000 American Depositary Shares (“ADSs”), representing an aggregateRead More…

Digital technology group Catenae Innovation (CTEA) said it will be attending UK Construction Week, at the National Exhibition Centre, Birmingham, from the 5th to 7th October, 2021.  By Zak MirRead More…

London/Vancouver: September 23, 2021 – Mkango Resources Ltd (AIM / TSX-V: MKA) (the “Company” or “Mkango”), is pleased to announce that the management team of Mkango, as well as leadingRead More…

WTI $70.49 +35c, Brent $74.36 +44c, Diff -$3.87 +24c, NG $4.81 -18c, UKNG 180.56p -6.57p By Malcolm Graham-Wood Oil price A modest rally yesterday and this morning is another dollar+Read More…

For a printer-friendly copy of this announcement, please click on the link below to open a PDF version: http://www.rns-pdf.londonstockexchange.com/rns/6591M_1-2021-9-22.pdf Dear Shareholder, The recovery of the oil price from a lowRead More…

It could be said quite fairly that to date it has been an interesting journey as far as shares of Kanabo (KNB) have been concerned, not least on the basisRead More…

IGas announces its unaudited interim results for the six months to 30 June 2021. Results Summary Corporate & Financial Summary · Cash balances as at 30 June 2021 were £2.8Read More…

Kanabo Group Plc (LSE:KNB), a medical cannabis R&D Company that focuses on the distribution of cannabis-derived products for medical patients, and non-THC products for CBD consumers, announces Kanabo’s CBD productsRead More…

Alien has announced a much-anticipated maiden iron ore resource estimate (‘MRE) in excess of 10Mt Direct Shipping Ore (‘DSO’) on its Hancock Iron Ore Project in the Pilbara region ofRead More…

Quantum Blockchain Technologies (QBT) announced its unaudited Interim Results for the 6 months ended 30 June 2021.Over the period the company received shareholder approval to commence a new blockchain &Read More…

Update on the Minto Capital Raise, TSXV Listing, Guarantee to Sumitomo and short term financing of Pembridge London, United Kingdom – Pembridge Resources plc (LSE: PERE) (“Pembridge” or the “Company”)Read More…

Progress of Development Plans Click on or paste the following link into your website browser to view the associated PDF document (including maps and images):  http://www.rns-pdf.londonstockexchange.com/rns/5272M_1-2021-9-21.pdf Alba Mineral Resources plc (AIM:Read More…

Kodal Minerals, the mineral exploration and development company, is pleased to provide additional information about its Annual General Meeting (“AGM”) which is being held at the offices of Fieldfisher LLP,Read More…

Arc is pleased to confirm that its diamond drilling programme on its majority-controlled licenses in north-western Zambia has intersected massive sulphide copper mineralisation at Cheyeza East. The first hole whichRead More…

The Board of Xtract Resources Plc (“Xtract” or the “Company”) is pleased to provide the geological results from drill hole BRDD-21-017 from the Phase 2 diamond drilling programme at theRead More…

Alien Metals announces maiden Inferred iron ore Resource in excess of 10Mt at 60.4% Fe Follow the link to view the announcement in full including all figures: http://www.rns-pdf.londonstockexchange.com/rns/5175M_1-2021-9-21.pdf Alien MetalsRead More…

Red Rock Resources Plc (“Red Rock” or “the Company”), the natural resource development company with interests in gold, copper, cobalt and other minerals, announces an update in relation to itsRead More…

WTI $70.29 -$1.68, Brent $73.92 -$1.42, Diff -$3.63 +26c, NG $4.99 -12c, UKNG 187.13p +21.63p By Malcolm Graham-Wood Oil price As I reported yesterday the massed fall in world marketsRead More…

Zak Mir takes a technical analyis perspective on some of the most followed small caps on the London market. Today’s selection includes Aura, Checkit, Caspian, Dev Clever, Egdon, i3 Energy,Read More…

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces operations and exploration activities continue with some minor delays due to the Covid-19 pandemic inRead More…

HONG KONG/NEW YORK, Sept 21 (Reuters) – Default fears continued to stalk China Evergrande Group on Tuesday despite efforts by its chairman to lift confidence in the embattled firm, asRead More…

Longboat Energy, the emerging full-cycle North Sea E&P company with a portfolio of significant, near-term, low-risk exploration assets, is pleased to announce the commencement of drilling operations on the EgyptianRead More…

Stakebuilding / TR1’s can mark the start of a meaningful rally in the stock, apart from the credibility represented by a major investor getting into a small cap stock. ThisRead More…

Highlights – Positive new drill results join together the two “blows” discovered in earlier drilling – Extensive kimberlite zones of 19.1m and 13.5m in two holes drilled into the RiverRead More…

Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company is pleased to offer a highly encouraging update in respect of ongoing operations atRead More…

The Wressle oil field, in which Europa holds a 30% working interest, has achieved flow rates in excess of 950 boepd from the primary Ashover Grit reservoir. This has beenRead More…

United Oil & Gas PLC (AIM: “UOG”), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to announce an update onRead More…

Union Jack Oil plc (AIM: UJO), a UK focused onshore conventional hydrocarbon production, development and exploration company, notes recent market speculation surrounding the vendors of a 25% interest in theRead More…

The Board of Xtract Resources Plc (“Xtract” or the “Company”) is pleased to provide an update on the final assay results from the Phase 2 drilling programme at the EurekaRead More…

WTI $71.97 -64c, Brent $75.34 -33c, Diff -$3.37 +31c, NG $5.11 n/c, UKNG 165.5p +7.5p  By Malcolm Graham-Wood Oil price Oil had a good week, WTI was up $.25, BrentRead More…

Power Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces a communications update. Corporate Website and Presentation Investors may referRead More…

Rainbow Rare Earths Ltd announces that the Company has entered into an exclusive intellectual property licencing agreement (the “Agreement”) with K-Technologies, Inc. (“K-Tech”) located in Lakeland, Florida, USA, to useRead More…

Zak Mir takes a technical analysis perspective on some of the most followed small-cap stocks on the London market. Today’s selection includes Ananda, Asimilar, Egdon, Igas, Kavango, Open Orphan, Oriole,Read More…

Publication shows effectiveness of SFX-01 in patient derived glioblastoma cells University of Auckland data Evgen Pharma plc (AIM: EVG), a clinical stage drug development company developing sulforaphane based medicines forRead More…

Panther Metals PLC (LSE:PALM) the company focused on mineral exploration in Canada and Australia, is pleased to announce that it has engaged Niigaani Drilling Incorporated of Thunder Bay, Canada, toRead More…

There was two for the price of one at pharma services group Open Orphan (ORPH), not only its hVIVO subsidiary signing a £5.7m contract with a specialist biotechnology company developingRead More…

Caerus Mineral Resources (LON: CMRS), the exploration and resource development company focused on developing mineral resources in Europe to support the global “Clean Energy” initiative, is pleased to provide ShareholdersRead More…

Memorandum of Understanding (“MoU”) with SSE Heat Networks Limited (“SSE”) for roll-out of geothermal district heating project IGas, through its wholly owned subsidiary GT Energy UK Limited (“GTE”), has signedRead More…

Open Orphan plc (AIM: ORPH), a rapidly growing specialist clinical research organisation (CRO) and world leader in vaccine and antiviral testing using human challenge clinical trials , announces that hVIVORead More…

MyHealthChecked Plc (AIM: MHC), the consumer home-testing healthcare company, notes the recent Government statement regarding measures to simplify international travel. As announced in the 7 July Trading update H1 revenuesRead More…

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that it has completed a planned two-week production facility upgrade at its 85.635% owned Horse Hill oil field.Read More…

Eurasia Mining Plc (“Eurasia” or the “Company”), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that it has entered into a securities purchase agreement forRead More…

The market mood will be determined by a series of central bank meetings in the US, UK, and Japan over the next week. However, there will be more upgrades fromRead More…

Zak Mir takes a technical analysis look at some of the most followed stocks on the London market. Today’s selection includes Argo, ARC, Aminex, Dianomi, Eco (Atlantic), Empyrean, Global Petroleum,Read More…

Turning to the wider small-cap market, the AIM All-Share was down 1.2% over the week, which meant it underperformed the FTSE 100, which more or less kept its head aboveRead More…