Weekly Stock Market News - Issue #224

Sovereign Metals (ASX: SVM; AIM: SVML) announced its Q1 2022 report on Friday where the company said their recent Mineral Resource Estimate (MRE) upgrade confirmed Kasiya in Malawi is theRead More…

Zak Mir takes a charting perspective on the FTSE 100, Clontarf, Emmerson, Jersey, Jubilee, Kavango, Kropz, Mila, Orosur, Pembridge and Wishbone.   Disclaimer & Declaration of Interest The information, investmentRead More…

If EuropeanUnion imposes a sweeping Russian oil embargo, it could send Russia’s economy into a depression, an analyst told. Russia will have to slash its oil production because the countryRead More…

Berkshire Hathaway CEO Warren Buffett lambasted Wall Street because it encourages speculative behaviour, effectively making it a “gambling hall”. Buffett, 91 years old, was very vocal at Saturday’s annual shareholderRead More…

Twitter (TWTR.N) Chief Executive Parag Agarwal sought to calm employee anger during Friday’s company-wide meeting, where employees demanded answers about how managers would handle an expected mass exodus triggered byRead More…

Here’s a look at the top movers and fallers in small caps over the past week. Clontarf Energy, (AIM: CLON) was able to issue shares at a discounted price andRead More…

Sovereign Metals announced its Q1 2022 report on Friday where the company said their recent Mineral Resource Estimate (MRE) upgrade confirmed Kasiya in Malawi is the largest rutile deposit everRead More…

After a long weekend in Britain, the trading week and the new month of May start on Tuesday. There are some major central bank policy announcements and a raft ofRead More…

Caracal Gold plc, the expanding East African gold producer with over 650,000oz JORC-compliant gold resources, announces its interim results for the 12 months to 31 December 2021. Chief executive ofRead More…

WTI $105.36 +$3.34, Brent $107.59 +$2.27, Diff -$2.23 -$1.07, NG $6.89 -38c, UKNG 158.0p +28p By Malcolm Graham-Wood Oil price The oil price rose yesterday after rumours emerged that theRead More…

Kavango confirms the completion of the first diamond drill hole at the Ditau Camp Project, Botswana, hole DITDD003 (the “Borehole”). The hole was completed to a total depth of 300.14m,Read More…

Arc is pleased to announce an update on the progress of the acquisition of a 73.5% interest in the Misisi gold project (“Misisi”) by Regency Mining Ltd (“Regency”) from GoldenRead More…

Baron Oil (AIM: BOIL), the AIM-quoted oil and gas exploration company, announces that it has conditionally raised £1.65 million (before expenses) by way of a placing and subscription (together 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 Arrow, Angle, CentralNic, Clontarf, Emmerson, ECSC,Read More…

The Directors present the strategic report for MetalNRG plc (the “Company” or “MetalNRG”, and collectively with its subsidiary companies, the “Group”) for the year ended 31 December 2021. PRINCIPAL ACTIVITYRead More…

Sovereign Metals Limited (ASX: SVM; AIM: SVML) (Sovereign or the Company) is pleased to provide its quarterly report for the period ended 31 March 2022. HIGHLIGHTS MRE upgrade confirmed KasiyaRead More…

Further to the Company’s announcement of 23 March 2022, the Company advises that it continues to work to complete the audited financial statements for the period to 30 September 2021.Read More…

Quarterly Activites Report Highlights Outlook for June Quarter 2022 GOLD, LITHIUM, NICKEL Ragged Range, Pilbara region, WA Australia · Field programs recommenced following the opening of the WA border. · Lithium mappingRead More…

Prospex Energy PLC (AIM: PXEN), the AIM quoted investment company focused on European gas and power projects, is pleased to provide an update on the production strategy of, and incomeRead More…

WTI $102.02 +32c, Brent $105.32 +33c, Diff -$3.30 +1c, NG $7.27 +42c, UKNG 130.0p -50.0p By Malcolm Graham-Wood Oil price A quiet day when concentration was on the gas marketRead More…

The Finnish minister responsible for European affairs Tytti Tippurainen stated on Thursday that Finland would not pay for Russian gas in Russian roubles, despite Russia’s request. “Finland is clear inRead More…

Caracal Gold plc, the expanding East African gold producer with over 650,000oz JORC-compliant gold resources, announces that its Chief Executive, Robbie McCrae, has purchased 4,050,000 ordinary shares in the CompanyRead 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 Argo Blockchain, Atome, Cloudbreak, Chill, Galileo,Read More…

Profits at Barclays ( BARC.L), dropped by 7% to £2.2bn, as the lender warned of the difficulties that households and businesses will face during the cost-of-living crisis. The bank, whichRead More…

After a volatile Wednesday session, European stock markets pushed higher on Thursday. However, the market closed in positive territory. London’s FTSE 100 ( FTSE), gained 0.6% upon opening. The FrenchRead 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/5996J_1-2022-4-27.pdf OILEX LTD MARCH QUARTERLY REPORT 2022 CAMBAY FIELD, ONSHORE GUJARAT, INDIARead More…

Growth drilling programme continues to expand the Havieron footprint with high grade mineralised extensions in all tested target zones New high-grade mineralised intercept to the east of the Eastern BrecciaRead More…

Open Orphan (ORPH), a specialist contract research organisation, said that further to the announcements by Arden Partners Plc on 11 and 14 April 2022 regarding the loss of its NominatedRead More…

Sovereign Metals Limited (ASX:SVM; AIM:SVML) (Sovereign or the Company) advises that today the Company requested an immediate voluntary trading halt in its shares on the Australian Securities Exchange (ASX), pendingRead More…

Appointment of Chief Financial Officer and Executive Director Europa Oil & Gas (Holdings) plc, the AIM traded UK, Ireland and Morocco focused oil and gas exploration, development, and production company,Read More…

Open Orphan plc (AIM: ORPH), a rapidly growing specialist contract research organisation (CRO) and world leader in testing infectious and respiratory disease products using human challenge clinical trials, announces thatRead More…

London / Vancouver: April 28 , 2022 – Mkango Resources Ltd. (AIM/TSX-V: MKA) (the “Company” or “Mkango”) is pleased to announce its results for the quarter and year ended DecemberRead More…

On Wednesday, the EU’s chief executive criticized Gazprom’s decision to stop supplies to some European customers as “blackmail”. However, he said that the bloc was working to coordinate its responseRead More…

The Company is pleased to announce that the Planning Committee of Surrey County Council today passed a resolution to approve the Company’s plan to abandon the Kimmeridge layer and reperforateRead 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 Chariot, Eurasia, Great Southern, LoopUp, LiveRead 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…

Gazprom, a Russian energy company, said Wednesday that it had stopped gas supplies to Bulgarian and Polish gas stations because they failed to pay gas in roubles. This is theRead More…

There are many commodities out there offering investors exposure to the global electrification trend. However, very few of them boast market dynamics as attractive as those in the rare earthRead More…

A flash blog today as I am presenting in town this morning. By Malcolm Graham-Wood Challenger Energy Group Challenger has provided the following update on its Trinidad and Tobago business unit’sRead More…

Poolbeg Pharma (POLB), a clinical stage infectious disease pharmaceutical company, announced the results of the proposal from a number of New Investors to purchase shares from distribution in specie shareholdersRead More…

Block 29/11, China – Jade well reached Total Depth – No hydrocarbons in the target reservoir 27 April 2022 Empyrean Energy plc (“Empyrean” or the “Company”), the oil and gasRead More…

Results of the proposal to purchase shares from Distribution in Specie shareholders Vast majority of Distribution in Specie shareholders opt to remain invested following the end of the lock-up period,Read More…

ECR Minerals plc (LON: ECR), the gold exploration and development company focused on Australia, is pleased to announce that following an agreement with Philippines based company Cordillera Tiger Gold Resources,Read More…

The Company updates on progress on its installation and commissioning schedule. Delivery and installation dates remain substantially unchanged with the bulk of the last skids arriving shortly after the bankRead More…

J.P. Morgan Chase Bank N.A. A unit of Ray-Ban, a French manufacturer of Ray-Ban glasses sued J.P. Morgan Chase Bank N.A. Essilor claims that the bank ignored suspicious transaction redRead More…

WTI $98.54 -$3.53, Brent $102.32 -$4.33, Diff -$3.78 -80c, NG $6.67 +14c, UKNG 154.13 -17.28 By Malcolm Graham-Wood Oil price China. That’s it, China, it’s all about Covid, the knockRead More…

The following amendments have been made to the ‘Interim Results for the Six Months Ended 31 January 2022’ announcement released on 26 April 2022 at 7:00 am under RNS NoRead 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  Amte, Atome, Amur, Empire, Hemo, HUI,Read More…

2021 ANNUAL RESULTS, FILING OF AUDITED FINANCIAL STATEMENTS, MD&A AND RESERVES REPORT Arrow Exploration Corp. (AIM: AXL ; TSXV: AXL), the high-growth operator with a portfolio of assets across keyRead More…

CPR highlights significant scale and long-term production potential of the Paradox Project Inaugural Paradox Proved Reserves booked Substantial increase to Contingent Resource estimates Maiden Prospective Resource estimates on overlying reservoirsRead More…

Galileo Resources plc (“Galileo “or the “Company”) is pleased to provide an update on the commencement of exploration at the lithium and gold projects in Southwest Zimbabwe, which are theRead More…

Arrow Exploration (AXL), an operator with a portfolio of assets across key Colombian hydrocarbon basins, announced the filing of its Annual Audited Financial Statements and MD&A for the year andRead More…

Paris, France and Camberley, UK – 26 April 2022 – Novacyt (EURONEXT GROWTH: ALNOV; AIM: NCYT), an international specialist in clinical diagnostics, announces an update on its ongoing dispute withRead More…

Egdon Resources plc (AIM: EDR) advises that Shell U.K. Limited has informed Egdon and the North Sea Transition Authority (“NSTA”) of its intention to withdraw from licences P1929 and P2304Read More…

Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company, is pleased to note that the Operator, Egdon Resources U.K. Limited (“Egdon”) has providedRead More…

WTI $102.07 -$1.72, Brent $106.65 -$1.68, Diff -$4.58 -4c, NG $6.53 -43c, UKNG 171.41p -28.59p By Malcolm Graham-Wood Oil price Oil remains under pressure as do world markets with lastRead More…

Result of AGM At the AGM held earlier today all resolutions were duly approved. In addition, at the meeting the Company provided an update on the delivery of the secondRead More…

Alien has announced the intersection of further high-grade silver and base metals mineralisation at its Elizabeth Hill Silver Project in the Pilbara Region of Western Australia. Results from the 15Read 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  Boston, Drumz, Empire, Genedrive, Keras, Live,Read More…

Blackbird video study finds optimized cloud-native production tools can transform inefficient workflows 25 April 2022, London – Blackbird plc (AIM:BIRD; OTCQX:BBRDF), the technology licensor, developer and seller of the market-leadingRead More…

Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce its final audited results for the year ended 31 December 2021. Financial and operating highlights · 2021 revenueRead More…

Twitter Inc. is becoming more open to Elon Musk’s $43 Billion takeover offer. The two sides met for talks on what could be the largest ever internet acquisitions. Sunday, BillionaireRead More…

Exceptional Assays: Better Than Expected Grades at Kathleen Valley’s Coffey Deposit To view the announcement with the illustrative images please use the following link: http://www.rns-pdf.londonstockexchange.com/rns/1294J_1-2022-4-24.pdf Mila Resources, the post-discovery goldRead More…

London, United Kingdom; Calgary, Canada: April 25, 2022 – Canadian Overseas Petroleum Limited (“COPL” or the “Company”) (XOP: CSE) & (COPL: LSE), an international oil and gas exploration, production andRead More…

High flying Stephen Sanderson, Chief Executive Officer of UK Oil & Gas (UKOG), has informed the Company that he has purchased 865,800 shares in the Company. @ZaksTradersCafe Following these purchases,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…

Further high-grade Silver and Base Metals mineralisation intersected at Elizabeth Hill Follow the link to view the announcement in full including all figures: http://www.rns-pdf.londonstockexchange.com/rns/1290J_1-2022-4-24.pdf Alien Metals Ltd (LSE AIM: UFO),Read More…

US$5 Million Net Revenues Landmark Reached at Wressle Production Development Financial Update Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company, is pleasedRead More…

Share Talk is proud to be hosting the Pantheon Resources Plc – Shareholder Presentation and Q&A – Tuesday, April 26, 2022, at 5:30 PM BST. You can register for thisRead 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, Borders, Echo, Global, Mila, Power,Read More…

Chaarat Gold Hlgs Ld (AIM: CGH) AGM Notice, Annual Report, and Directorate Change. Chaarat also announces that Warren Gilman has notified the board of his intention not to seek re-electionRead More…

The rising costs of staff are also a concern. This week’s report by Goldman on UK bankers receiving £350,000 in bonuses highlights the problem. Next week, Britain’s banks will reportRead More…

Portugal will treat British tourists as EU citizens at the border to reduce airport queues. Britons get a boost when officials open e-gates to allow them to quickly enter theRead More…

Share Talk is proud to be hosting the Pantheon Resources Plc – Shareholder Presentation and Q&A – Tuesday, April 26, 2022, at 5:30 PM BST. You can register for thisRead More…

With the uncertainty overshadowing Oilex (ASX:AIM: OEX) after the Cambay India C-77H Re-frac Update & Revised Gas Sales Contract announcement on the 14th of April 2022. Oilex’s Chief Executive Officer,Read More…