Weekly Stock Market News - Issue #221

Share Talk closed the week with an update from Roland Wessel, CEO and Director of Oilex Ltd. The company is going into production in India, and cash flow is positive,Read More…

Osirium Technologies PLC, (AIM: OSI) More than doubled this week after the cybersecurity- and IT automation software expert boasted of a record quarter in bookings. Over the month, a 178.50%Read More…

S&P reduced Russia’s foreign currency rating to “selective default” Saturday due to the increased risk that Moscow may not be able or willing to honor its obligations to foreign debtholders.Read More…

The federal government sought more production in order to aid its allies in their transition from Russian oil and gas. The Kremlin describes its actions in Ukraine as “special militaryRead More…

While you may be enjoying your weekend, there is a chance that Covid will still be in your thoughts. Residents of Shanghai, a city with 25 million inhabitants, will spendRead More…

Introduction Author Gareth Hazelden  Hydrogen and energy have a longstanding relationship spanning nearly 200 years. Dating back to  powering the first internal combustion engines to becoming an integral part ofRead More…

WTI $96.03 -20c, Brent $100.58 -49c, Diff -$4.55 -29c, NG $6.36 +33c, UKNG 235.0p u/c By Malcolm Graham-Wood Oil price Not much to add, the bureaucrats in the EU haven’tRead More…

Share Talk spoke with Roland less than two weeks ago, and since then everything has changed. The company is going into production, and cash flow is positive, yet let usRead More…

Admission to listing on the Official List and to trading on the London Stock Exchange Aura (LSE: ARA) is pleased to announce that its entire issued ordinary share capital ofRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is  Avacta, Aura, Chaarat, Edenville, Caracal, Geiger,Read More…

The Company updates on progress on its installation and commissioning schedule. Additional noise abatement and other modifications has occasioned some small delay in the arrival of the compressor skid butRead More…

Zephyr has released a production update from its now fully-integrated, non-operated Williston Basin portfolio. Q1 2022 operational production rates averaged 1,643 barrels of oil equivalent per day (‘boepd’) net toRead More…

Empyrean Energy plc (EME.L) announced this morning that rig NH9 had arrived on site at the Jade Prospect drill location, with operations underway to anchor the rig in place. MoreRead More…

AffyXell partners with Biocytogen and the Korea Non-clinical Technology Support Center Avacta Group plc (AIM: AVCT), a clinical stage oncology drug company and developer of powerful diagnostics based on itsRead More…

Sound Energy plc (“Sound”) not to proceed with possible offer for Angus Energy Plc Termination of Formal Sale Process and update on Strategic Review The Company notes the announcement madeRead More…

Oilex Limited (Oilex or the Company) is pleased to provide the following update to its operations in India and in particular, with respect to the Cambay field. Subsequent to theRead More…

Gunsynd (GUN) has invested £75,000 in the Initial Public offering of First Tin (1SN), a tin development and exploration company. GUN’s subscription for 250,000 ordinary shares at 30p for £75,000Read More…

Kavango’s Chief Operating Officer, Brett Grist, has recently returned from Botswana, where he conducted an extensive review of the Company’s operations. Kavango presents Brett’s operational review for shareholders below. BrettRead More…

Project Icewine – Preliminary Mapping Complete, Resource Update Pending, Farm-In Discussions Advancing Highlights · Preliminary third-party mapping of the Shelf Margin Delta (SMD) play indicates extension of the SMD playRead More…

Empyrean Energy plc (“Empyrean” or the “Company”), the oil and gas development company with interests in China, Indonesia and the United States, is pleased to provide the following update onRead More…

Production update from non-operated Williston Basin portfolio; Record quarterly production and monthly revenue, and recent acquisition fully integrated Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF), the Rocky Mountain oil andRead More…

Highlights of Historical Data Compilation from the Clearwater and Thibaut Lake Uranium Properties. Power Metal Resources PLC (LON:POW), the London listed exploration company seeking large-scale metal discoveries across its globalRead More…

OSLO (Reuters) – Russian gas deliveries to Europe via the Yamal-Europe pipeline reversed direction to flow from Germany to Poland on Thursday morning and supplies via Ukraine also eased, allRead More…

WTI $96.23 – $5.73, Brent $101.07 -$5.57, Diff -$4.84 +16c, NG $6.03 u/c, UKNG 235.0p +21.7p By Malcolm Graham-Wood Oil price Sanctions, what sanctions? The EU are dancing to theRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is Active, Ascent, Asimilar, Baron, Bidstack, BlueRead More…

SDX Energy Plc (AIM: SDX), the MENA-focused oil and gas company, is pleased to provide an update on well-testing operations at the recent SD-5X (Warda) discovery well (SDX Working Interest:Read More…

Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce that DEV Mineraço S.A (“DEV”) has restarted the sale and shipment of its iron ore stockpiles from Santana, Amapa, Brazil.Read More…

Update regarding the NOMAD condition On 26 October 2021, the boards of Ince and Arden announced that they had reached agreement on the terms of a recommended all share offerRead More…

Chaarat (CGH), the AIM-quoted gold mining company with an operating mine in Armenia, and assets at various stages of development in the Kyrgyz Republic, announced its audited full-year results forRead More…

Chaarat (AIM:CGH), the AIM-quoted gold mining company with an operating mine in Armenia, and assets at various stages of development in the Kyrgyz Republic, is pleased to announce its auditedRead More…

Kistos (LSE: KIST), the low carbon intensity gas producer pursuing a strategy to acquire assets with a role in energy transition, is pleased to provide its audited results for theRead More…

Omega (AIM: ODX), the specialist medical diagnostics company focused on industry-leading Health & Nutrition and Global Health (CD4 and COVID-19) products, provides the following trading update for the year endedRead More…

MKANGO RESOURCES COMPLETES INITIAL SAMPLING AND GROUND GEOPHYSICS AT THE NKALONJE HILL RARE EARTHS PROJECT AND IDENTIFIES DRILL TARGETS Highlights · Assays of carbonatite dyke samples return grades of upRead More…

Russia moved closer to defaulting on its international debts on Wednesday when it paid dollar bondholders with roubles. It also stated that it will continue to do this as longRead More…

Power Metal Resources PLC (LON:POW), the London listed exploration company seeking large-scale metal discoveries across its global project portfolio, announces the March 2022 quarterly business operational update for shareholders. PaulRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is  Avacta, Agronomics, COPL, Cobra, Empire, FireAngel,Read More…

Sovereign managing director Dr Julian Stephens said: “It is a really remarkable achievement by our team to have made the largest natural rutile discovery ever in just two years sinceRead More…

A flash blog today, with two early meetings followed by a couple in the smoke any missed announcements will be covered tomorrow or after meetings. By Malcolm Graham-Wood Wentworth ResourcesRead More…

Caracal Gold plc, the gold producer with operations in East Africa, is pleased to give an update on the proposed listing of the Company on the Nairobi Securities Exchange (‘NSE’).Read More…

Pantheon Resources plc (“Pantheon” or “the Company”), the AIM-quoted oil and gas company with a 100% working interest in all of its oil projects spanning c. 153,000 acres adjacent andRead More…

Xtract Resources (XTR) report on three further drill holes completed in the area between Racecourse and Ascot on the Bushranger copper-gold porphyry exploration project. @ZaksTradersCafe  The company said that allRead More…

Empire Increases Exploration Landholding from 9.5 km2 to 1,728 km2 with the Acquisition of Three Highly Prospective Copper-Gold Projects in Australia To view the announcement with the illustrative images pleaseRead More…

Progressing distribution channels to help meet European energy demand for Hydrogen Further to the Company’s announcement on 27 September 2021, relating to the green hydrogen project in Mauritania, Chariot (AIM:Read More…

Egdon Resources plc (AIM:EDR) welcomes the Government’s announcement of 5 April 2022 of a scientific review of shale gas by the British Geological Survey. The review is to report beforeRead More…

Bezant Resources PLC (“Bezant”) & Caerus Mineral Resources PLC (“Caerus”) Mineral Resource Estimate for the Troulli Au and Cu Project, Cyprus Bezant Resources (AIM: BZT), and Caerus Mineral Resources (LON:Read More…

i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to advise that an updated Investor Presentation. IsRead More…

WTI $103.28 +$4.01, Brent $107.53 +$3.14, Diff -$4.25 -87c, NG $5.71 -1c, UKNG 235.0p -25.0p By Malcolm Graham-Wood Oil price I said last week after Sleepy Joe announced the SPRRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is  Afritin, Abingdon, Echo, GETECH, Longboat, OpenRead More…

Osirium Technologies plc (AIM: OSI), a leading vendor of cloud-based cybersecurity and IT automation software, is pleased to provide an update on the Group’s trading performance for the first quarterRead More…

Longboat Energy, the emerging full-cycle North Sea E&P company, is pleased to announce a significant discovery in the Equinor operated Kveikje exploration well (35/10-8S) in licence PL293B (Company 10%). TheRead More…

Sovereign Metals (SVML), whose shares have been on something of a roll of late, looks set to continue this trajectory given the latest news today. @ZaksTradersCafe An updated mineral resourceRead More…

Redx Announces Collaboration with the Garvan Institute of Medical Research Expanded collaboration to investigate novel therapeutic targets in cancer-associated fibrosis Alderley Park, 5 April 2022, Redx (AIM: REDX) , theRead More…

Assay results show broad geochemical anomalism at Scallywag providing further evidence of mineralising systems, confirming the area’s prospectivity New conductor targets in ground electromagnetic surveys identified for 2022 drilling GreatlandRead More…

1.8 BILLION TONNE JORC RESOURCE CONFIRMS KASIYA AS THE LARGEST RUTILE DEPOSIT EVER DISCOVERED JORC MINERAL RESOURCE ESTIMATE UPDATE 1.8 Billion Tonnes @ 1.01% Rutile (Ind. + Inf.) 18 MillionRead More…

Completion of Technical Transfer to full-scale manufacture and initial orders for Vatic KnowNowTM test Tests manufactured by Abingdon now authorised for sale York, U.K. 5 April 2022: Abingdon Health plcRead More…

Gazprom Germania, a Russian energy trading, storage, and transmission company, was abandoned by Gazprom Russia on Friday. It will now be transferred to Germany’s regulator in order to ensure energyRead More…

Rambler Announces Completion of US$11 Million Gold Streaming Agreement with Elemental Royalties on Ming Mine London, England, Newfoundland and Labrador, Canada – Rambler Metals and Mining plc (AIM: RMM) (“Rambler”Read More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is Asimilar, Audioboom, Chariot, Coro, Genedrive, Igas,Read More…

WTI $99.27 -$1.01, Brent $104.39 -32c, Diff -$5.12 +69c, NG $5.72 +8c, UKNG 260.0p -45.0p By Malcolm Graham-Wood Oil price Oil fell last week, WTI was down $14.63 and BrentRead More…

Oilex Limited (Oilex or the Company) is pleased to provide the following update to its operations in India and in particular, with respect to the Cambay field. Oilex has beenRead More…

Asimilar, the investing company focused on technology opportunities in the fields of Big Data, Machine Learning, Telematics and the Internet of Things, is pleased to announce that trading of itsRead More…

Empyrean Energy plc (“Empyrean” or the “Company”), the oil and gas development company with interests in China, Indonesia and the United States, is pleased to provide the following update onRead More…

Company’s Inaugural Drill Programme Confirms Target Geological Formations, Returns Near Surface Gold and Application for Adjacent Prospective Land Successfuly Lodged Power Metal Resources PLC (LON:POW), the London listed exploration companyRead More…

VOG, whose wholly-owned subsidiary in Cameroon, Gaz du Cameroun S.A. (“GDC”), is the onshore gas producer and distributor with operations located in the port city of Douala. Announces that theRead More…

i3 Energy (I3E), an independent oil and gas company, has achieved a record for corporate production. @ZaksTradersCafe It provided a 2021 year-end reserves report for its subsidiary i3 Energy CanadaRead More…

i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce that the Company has achieved aRead More…

The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR, OTCQB: THORF) are pleased to provide a significant update on the Company’s 100% owned Wedding Bell Project, located in theRead More…

Oilex Limited (Oilex or the Company) is providing the following update to its operations in India and in particular, with respect to the Cambay field. Oilex has been in detailedRead More…

Sovereign Metals Limited (ASX:SVM; AIM:SVML) the Company requested an immediate voluntary trading halt in its shares on the Australian Securities Exchange (ASX), pending an announcement regarding an updated Mineral ResourceRead More…

Tesla is planning to resume production at the Shanghai factory starting Monday, according to two sources. This comes as the city’s first batch of workers will be released from theRead More…

OMV, the Austrian energy company OMV and Gazprom, Russia’s Gazprom had their initial contact regarding paying for natural gas in rubles. An OMV spokesperson stated that OMV spokesmen on Friday.Read More…

The Business Secretary stated that Britain could construct seven new nuclear power stations in response to Vladimir Putin’s invasion of Ukraine. Kwasi Kwarteng, in an interview with The Telegraph, stated that “there isRead More…

What happens if Russia turns off gas to Germany? Germany has activated the first stage of an emergency plan to manage gas supplies in Europe’s largest economy in preparation forRead More…