Weekly Stock Market News - Issue #247

The volatility in financial markets is expected to continue over the next week. While central bank rate policy continues to be the major issue, blue-chip companies report on both sidesRead More…

Zak Mir takes a charting look at some of the small caps stocks of the week on the London stock market. Today’s selection of charts is  FTSE 100, Pound /Read More…

The UK government’s approach to energy security is “haphazard” renewable energy is the way to go. Nicola Sturgeon, Scotland’s first minister, has called for strict climate compatibility checks on allRead More…

The Ukrainian Post Office released a new stamp to celebrate the destruction of the Crimea bridge just hours after an alleged attack. The stamp makes an analogy between the destructionRead More…

According to Reuters tracking, a U.S. Navy reconnaissance plane flew close to the Baltic Sea site of the Nord Stream 2 ruptured pipeline hours after it first emerged. This flightRead More…

Vladimir Putin was extremely proud of the Kerch bridge linking Crimea and Russia. One analyst said that its collapse was a “punch in Putin’s face” on his birthday. Vladimir PutinRead More…

Russian President Vladimir Putin signed Friday a decree that established a new operator to manage the Sakhalin-1 Exxon Mobil Corp. oil and gas project in Russia’s the Far East. Putin’sRead More…

York, U.K. 7 October 2022: Abingdon Health plc (AIM: ABDX), a leading international developer and manufacturer of high quality, rapid diagnostic tests, notes the judgement by Mr Justice Waksman inRead More…

CEO claims that Binance Coin worth around $100 million was stolen. Binance, the largest cryptocurrency exchange in the world, was attacked again. A cross-chain bridge exploits resulted in an additionalRead 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 FTSE 100, Pound / Dollar, Bitcoin,Read More…

Greatland Gold plc (AIM: GGP), a mining development and exploration company with a focus on precious and base metals , announces that at its General Meeting (“GM”), held earlier today,Read More…

York, U.K. 7 October 2022: Abingdon Health plc (AIM: ABDX), a leading international developer and manufacturer of high-quality and effective rapid tests, notes that a judgement in relation to theRead More…

Quetzal Capital (QTZ) issued its final audited financial results for the year ended June 30 2022. The company said the results for this year reflect a targeted review and ultimatelyRead More…

Cadence delivers an increase to JORC Resource tonnes at the Amapá Iron Ore Deposit, including a substantial uplift in Resource Categorisation. Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased toRead More…

Consolidates 100% of the Cascabel Project Strategic Review Process Initiated for Combined Group Brisbane, Australia / Ottawa, Canada (October 7, 2022) – SolGold plc (LSE:SOLG; TSX:SOLG) (“SolGold”) and Cornerstone CapitalRead More…

MetalNRG plc (“the Company”) announces that as part of the Convertible Loan Note entered into with Global Investment Strategy UK Limited (“GIS”) on 2 February 2022, EQTEC Plc (EQTEC) actedRead More…

Thor Mining Plc (AIM, ASX: THR, OTCQB: THORF) is pleased to announce that its Annual Report and accounts for the year ended 30 June 2022 has been filed with theRead More…

Sweden claims that a crime scene investigation of the damage to the Nord Stream 1 & 2 gas pipelines has bolstered suspicions about “gross sabotage” Sweden’s Security Service said onRead More…

If Britain is unable to import enough energy, it could face rolling blackouts in the winter. National Grid warned that electricity supplies could run out, and households and businesses mayRead More…

Ascent Resources Plc (LON: AST), the onshore Hispanic American and European focussed energy and natural resources company, provides an update in relation to its legacy disputes with its Slovenian JVRead More…

The Board of Xtract Resources Plc (“Xtract” or the “Company”) is pleased to announce assay results for follow up drill holes BRDD-22-051, BRDD-22-052 and BRDD-22-055, which were drilled to furtherRead 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 FTSE 100, Pound / Dollar, Bitcoin,Read More…

This could signal that the record-breaking earnings run by the energy giant may be over. The FTSE 100 company reported a negative margin in its chemical unit of $27 perRead More…

WTI (Nov) $87.76 +$1.24, Brent (Dec) $93.37 +1.57, Diff -$5.61 +33c. Author @mgrahamwood USNG (Nov) $6.93 +9c, UKNG (Nov) 330.84p +54.96p, TTF (Nov) €180.525 +€17.01. Oil price Yesterday as IRead More…

Poolbeg Pharma (POLB), a clinical stage infectious disease pharmaceutical company, announced that Chief Executive Officer, Jeremy Skillington, has purchased 718,733 shares at 4.78p. Author @ZaksTradersCafe He said that following theRead More…

GOLD ZONE OF OVER 33M INTERSECTED IN STOCKWORK 33.2m at 0.8 g/t gold including 8.0m at 1.2 g/t gold Grades up to 2.3 g/t gold intersected Further continuity of StockworkRead More…

Placing to fund NFT contract expansion Broker Option Proposed Subscription by Directors and PDMR TVR Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is pleased toRead More…

Vast Resources plc, the AIM-listed mining company, is pleased to announce that following the successful opening of the Takob Mine Processing Project at the Takob Mine in Tajikistan (“the Project”)Read More…

6 October 2022 – Poolbeg Pharma (AIM: POLB, OTCQB: POLBF, ‘Poolbeg’ or the ‘Company’), a clinical stage infectious disease pharmaceutical company with a unique capital light clinical model, has beenRead More…

Oil rose by about 1% Wednesday as OPEC+ announced its deepest production cuts since the 2020 COVID pandemic. This was despite a tight market and opposition from the United StatesRead More…

WTI (Nov) $86.52 +$2.89, Brent (Dec) $91.80 +$2.94, Diff -$5.28 +5c. Author @mgrahamwood USNG (Nov) $6.84 +37c, UKNG (Nov) 275.88 -14.12p, TTF (Nov) €163.515 -€1.45. Oil price As Opec meetsRead More…

4D pharma Announces Two Presentations at The Society for Immunotherapy of Cancer Annual Meeting (SITC 2022) Leeds, UK – October 5, 2022 – 4D pharma plc (AIM: DDDD) (in administration),Read More…

Denarius Metals Corp. for up to 80% of the Toral Project Europa Metals, the European focused lead, zinc and silver developer, is pleased to announce that it has signed aRead 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 FTSE 100, Pound / Dollar, Bitcoin,Read More…

Exploration Update, Expansion of Existing Interest and New Property Acquisition Power Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announcesRead More…

Victoria Oil & Gas Plc, whose wholly owned subsidiary, Gaz du Cameroun S.A. (“GDC”), is the onshore gas producer and distributor with operations located in the port city of Douala,Read More…

The last quarter has been another exciting and busy one for the Company.   Firstly, I would like to welcome to the Wildcat family Waterford/Mr Kroupeev and their network ofRead More…

Angus Energy Plc (AIM: ANGS), is pleased to announce that its presentation from 4 October 2022 London South East Investor webinar is now available on the Company’s website www.angusenergy.co.uk. TheRead More…

The White House is trying to prevent a major production cut in OPEC+, just a month prior to the midterm elections. This is when the current administration needs lower pricesRead More…

i3 Energy (I3E), an independent oil and gas company with assets and operations in the UK and Canada, announced its monthly dividend totalling £1.6996 million, of 0.1425 pence/share. The ex-dividendRead More…

Test shows high diagnostic accuracy (specificity and sensitivity) Omega (AIM: ODX), the specialist medical diagnostics company focused on industry-leading Health & Nutrition, welcomes receipt of the draft Performance Evaluation reportRead More…

Genedrive file US FDA Pre-Submission for the Genedrive ® MT-RNR1 Product Range genedrive plc (AIM: GDR), the near patient molecular diagnostics company, announces that it has commenced engagement with theRead 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 the following update. Monthly Dividend i3Read More…

WTI (Nov) $83.63 +$4.14, Brent (Dec) $88.86 +$3.72, Diff -$5.23 -42c. Author @mgrahamwood USNG (Nov) $6.47 -30c, UKNG (Nov) 290.0p -45.31p, TTF (Nov) €165.0 -€11.0. Oil prices With the OpecRead More…

Warning: Macron is not doing his part in the conflict as well as countries like the UK and the US. France is losing relevance in the Ukraine war, and FranceRead More…

European governments should tax corporates to help weaker parts of society weather soaring energy costs but not intervene to cap gas prices, Shell Chief Executive Officer Ben van Beurden toldRead More…

Caracal Gold plc, the expanding East African gold producer with over 1,300,000oz JORC-compliant gold resources, is pleased to announce that an updated corporate presentation has been uploaded to the Company’sRead 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 FTSE 100, Pound / Dollar, Bitcoin,Read More…

First Class Metals plc (FCM.L) this morning announced the acquisition of the Sunbeam project in Ontario, Canada which encompasses three past producing gold mines (1898 to 1905) within a total licenceRead More…

Marula Mining (AQSE: MARU), an African-focused mining investment company, is pleased to announce that it has entered into a binding heads of agreement with Tanzanian mining company, Takela Mining TanzaniaRead More…

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce an update on the stream sediment sampling campaign currently in progressRead More…

Poolbeg Pharma (POLB), a clinical stage infectious disease pharmaceutical company, updated on the strengthening of its intellectual property (IP) position around POLB 001, a small molecule immunomodulator for the treatmentRead More…

N4 Pharma Plc (AIM: N4P), the specialist pharmaceutical company developing Nuvec®, a novel delivery system for cancer treatments and vaccines, is pleased to announce successful in vitro testing of Nuvec®Read More…

Angus Energy (AIM: ANGS) is pleased to announce that, further to the announcement of 2 September 2022, Krzysztof Zielicki has now joined the Board of the Company as a Non-ExecutiveRead More…

Continued expansion of IP portfolio enhancing protection of Poolbeg’s growing pipeline 4 October 2022 – Poolbeg Pharma (AIM: POLB, OTCQB: POLBF, ‘Poolbeg’ or the ‘Company’), a clinical stage infectious diseaseRead More…

Exercise of Warrants Increasing Holding in Egdon Resources plc to 3.13% Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company, is pleased toRead More…

WTI (Nov) $79.49 -$1.74, Brent (Dec*) $85.14 -$2.04, Diff -$5.65 -$1.61. Author @mgrahamwood USNG (Nov*) $6.77 -10c, UKNG (Nov) 335.31 -54.69p, TTF (Nov) €176.0 -€25.85. *Brent November contract expiry, USNGRead More…

Bezant (AIM: BZT), the copper-gold exploration and development company, notes that on 30th September 2022. Caerus Mineral Resources (“Caerus”) issued an RNS announcement in relation to its interim results forRead More…

Galileo Resources plc (“Galileo “or the “Company”) further to its announcement of 10 August 2022 is pleased to announce that all conditions have been met in relation to the agreementRead More…

Amur Minerals Corporation (“Amur” or the “Company”) is pleased to announce that it has been informed by Bering Metals LLC (the “Buyer”) a Russian incorporated company that it has successfullyRead 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 FTSE 100, Pound / Dollar, Bitcoin,Read More…

Ormonde is pleased to announce the completion of the sale of its land, data and drillcore assets at its La Zarza project in Spain (“Completion”). La Zarza’s assets are beingRead More…

Predator Oil & Gas Holdings Plc (LSE: PRD), the Jersey-based Oil and Gas Company with near-term gas operations focussed on Morocco. Announces that further to its announcement of 7 JuneRead More…

The 60 turbines of the Crystal Rig II wind farm, located in the Lammermuir Hills, have been powering homes for over a decade. In 2010, electricity prices were at £40Read More…

Oriole Resources (AIM: ORR), the AIM-quoted exploration company focussed on West Africa, is pleased to report that it has received a two-year licence extension for its 90%-owned Bibemi orogenic gold projectRead More…

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces that the Cinnabar-1 well in Tyler County, Texas commenced drilling (spudded) on 30 September 2022.Read More…

Botswana focussed metals exploration company Kavango Resources plc (LSE:KAV) (“Kavango”) is pleased to announce that Mindea Exploration and Drilling Services Pty (“Mindea”) has mobilised the multi-purpose drill rig (the “Rig”)Read More…

Tekcapital (TEK), the UK intellectual property investment group, announced that Innovative Eyewear, Inc. (NASDAQ: LUCY; LUCYW), a developer and retailer of cutting-edge smart eyewear and a subsidiary of portfolio companyRead More…

Wildcat Petroleum Plc (the “Company” or “Wildcat”) (LSE: WCAT), is pleased to announce backing from natural resources specialist investor, Waterford Finance and investment Ltd (“Waterford”). The owner of Waterford, MikhailRead More…

OPEC+ will be considering a reduction in oil production of more than a million barrels per day (bpd), OPEC sources stated on Sunday. This would be the largest move sinceRead More…

Another busy week across the mining resources sector, here is our weekly recap. Author @ABMckinley Eurasia Mining (LON: EUA) Mkt Cap £150m – Interims highlight increased production at West KytlimRead More…

The market turmoil of the past week and the 200 company results reports have left investors in turmoil. The first few days of October will hopefully be calmer, but thereRead 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  FTSE 100, Pound / Dollar, Bitcoin,Read More…

Looking at the daily chart of the FTSE Small Cap index the good news is that we appear to have hit the floor of the falling trend channel from theRead More…