Category: Market News

Corpus Resources Plc (LSE:COR) has raised £200,000 in new capital through the placement of approximately 1.33 billion ordinary shares at a price of 0.015 pence each. The placement represents around 41.3% of the company’s expanded share capital and was executed at a roughly 45% discount to the prevailing mid-market price of 0.0275 pence per share.

As part of the deal, each new share is accompanied by a warrant on a one-for-one basis, exercisable at 0.05 pence for a period of three years following admission, contingent on the publication of a prospectus.

The newly issued shares are expected to be admitted to trading on the Main Market of the London Stock Exchange and included in the Official List around June 30. The funds raised will support working capital needs and drive progress on the company’s ongoing reverse takeover strategy.

The placing was structured via an initial subscription by Director Richard Glass, who will sell the shares to investors introduced by Peterhouse Capital Limited, Corpus Resources’ corporate broker.

Upon admission, the company’s total issued ordinary share capital will stand at approximately 3.23 billion shares. Corpus acknowledged that, at this stage, it cannot admit all of the placing shares without either publishing a full prospectus or qualifying for a relevant exemption.

Panther Metals Plc (LSE:PALM) has unveiled a bold financing strategy involving Bitcoin to support the acquisition of the Pick Lake deposit in Ontario, Canada. The company has established a Bitcoin Treasury account and plans to purchase £4 million in Bitcoin, which will be used as collateral to secure a loan for the transaction. This approach allows Panther to retain exposure to the cryptocurrency while securing the capital needed for the acquisition.

By integrating digital assets into its financial strategy, Panther Metals is positioning itself at the forefront of innovation in the mining sector, blending traditional resource development with modern financial tools. The move is intended to unlock growth opportunities, boost shareholder value, and support the company’s commitment to advancing critical mineral assets.

About Panther Metals Plc

Panther Metals Plc is a mineral exploration company listed on the London Stock Exchange, with a focus on critical minerals, gold, and precious metals in Canada. Headquartered in the Isle of Man, the company also benefits from favorable digital asset regulations, enabling it to leverage cryptocurrency strategies in its broader operational and financial planning.

Greatland Resources Limited (LSE:GGP) has completed a major corporate restructuring, establishing itself as the new parent company of Greatland Gold plc through a UK Court-approved Scheme of Arrangement. As part of this transition, Greatland Resources is now listed on both the Australian Securities Exchange (ASX) and the London Stock Exchange’s AIM market, marking a significant step in the company’s strategic growth plan.

The restructuring included the delisting of Greatland Gold shares from AIM and the issuance of new shares under Greatland Resources, which now serves as the group’s main listed entity. This dual-listing is intended to broaden investor access and strengthen the company’s presence across key mining investment markets. The move supports Greatland’s goal of becoming a top-tier gold-copper producer in Australia, with the Havieron Feasibility Study scheduled for completion by the end of 2025.

While Greatland’s current financials reflect challenges, including high valuation concerns and limited income from operations, technical signals and recent corporate actions suggest a positive trajectory. Future growth potential is largely tied to the company’s ability to transition from exploration to full-scale production.

About Greatland Resources

Greatland Resources is a dual-listed mining company focused on gold and copper projects in Western Australia (ASX:GGP / AIM:GGP). Its flagship assets include the fully owned Telfer gold-copper mine and the adjacent Havieron development project, considered a world-class brownfield opportunity. Alongside these, the company maintains a broad exploration portfolio across the Paterson Province, positioning it for long-term production and resource growth.

Aferian plc (LSE:AFRN) has reported a robust financial performance for the first half of fiscal year 2025, highlighted by a 36% year-on-year revenue increase. This growth was primarily driven by the continued momentum of its Amino division, which focuses on connecting Pay TV services to streaming platforms.

The company expects to maintain profitability throughout the year and has projected a 20% rise in full-year revenues. In parallel, Aferian is actively working on refinancing its debt and streamlining costs to reinforce its balance sheet and enhance financial resilience.

About Aferian plc

Aferian plc is a business-to-business provider of video streaming solutions, offering end-to-end technology for both live and on-demand video content across multiple devices. Its two key subsidiaries, 24i and Amino, deliver tailored streaming services—24i creates personalized viewing experiences, while Amino bridges traditional Pay TV with modern streaming platforms. Listed on AIM, Aferian operates globally with offices across Europe, the Americas, and Asia.

Harvest Minerals Limited (LSE:HMI) has raised £300,000 through a new share placement to support its ongoing rare earths exploration activities at the Arapuá project in Brazil. In addition to bolstering general working capital, the funding will be directed toward accelerating drilling efforts and expanding research into the site’s titanium dioxide (TiO₂) potential.

This fresh capital injection is expected to strengthen Harvest’s operational capabilities and reinforce its strategic focus on developing Arapuá as a key asset, improving both its resource profile and broader market position.

About Harvest Minerals

Harvest Minerals Limited is listed on the AIM market and primarily engaged in the production of organic fertilizers. Alongside its core fertilizer operations, the company is actively pursuing rare earths exploration at its Arapuá project, with recent attention focused on evaluating TiO₂ mineralization as part of its broader resource development strategy.

Thruvision Group plc (LSE:THRU) has issued an update on its strategic review, revealing that it has formally ended its sale process after failing to receive a viable offer for the company’s share capital. The board is now evaluating alternative options, which include the potential sale of its operating subsidiaries or continuing independently with plans to secure additional financing.

Despite the uncertain strategic direction, recent trading has been encouraging, extending the company’s cash runway through to September 2025—dependent on the successful completion of key near-term sales. This performance has provided some breathing room, although the broader financial picture remains challenging.

Thruvision continues to face headwinds, including declining revenues and profitability concerns. Technical indicators suggest a bearish market trend, and the company’s negative price-to-earnings ratio further highlights valuation concerns. While recent developments such as new product introductions offer glimpses of progress, financial instability and unresolved strategic questions cast a cautious tone over the company’s near-term prospects.

About Thruvision Group plc

Thruvision Group plc is an internationally recognized provider of cutting-edge AI-powered walk-through security screening solutions. Its technology is deployed in over 30 countries by both public sector and commercial clients to facilitate fast and non-invasive screening of high volumes of individuals. The company is headquartered near Oxford, UK, with a key office located in the Washington, D.C. area.

Lombard Odier Asset Management (Europe) Limited has increased its holding in Ten Lifestyle Group PLC (LSE:TENG), raising its voting rights from 9.64% to 10.03%. This move gives Lombard Odier a more influential position within the company and could play a role in shaping future governance and shareholder relations.

The increase in stake highlights continued institutional interest in Ten Lifestyle Group, which has shown consistent financial performance and benefits from a series of strong corporate developments. Market sentiment around the stock is currently positive, with technical indicators showing upward momentum. However, traders may approach with caution as the stock appears overbought, and its high price-to-earnings ratio raises questions about potential overvaluation.

About Ten Lifestyle Group

Ten Lifestyle Group PLC specializes in high-end lifestyle and concierge services for wealthy individuals and corporate clients worldwide. The company operates globally, offering tailored solutions ranging from travel and dining arrangements to exclusive access to events and experiences, all designed to enhance client satisfaction and loyalty.

ITM Power (LSE:ITM) has been awarded a Front-End Engineering Design (FEED) contract for Uniper’s ambitious 120MW Humber H2ub® project, part of the UK government’s Hydrogen Allocation Round 2. Scheduled to go live by 2029, the project will deploy six of ITM’s 20MW POSEIDON electrolysis modules. This contract represents a major milestone in the UK’s push for industrial decarbonization and highlights ITM Power’s pivotal role in advancing large-scale green hydrogen infrastructure.

The agreement strengthens ITM’s position as a key player in the hydrogen economy and could bolster its influence within the sector. However, the company’s overall outlook remains complex. While it benefits from a strong pipeline of partnerships and new contracts, ongoing financial struggles continue to cloud investor sentiment. Technical indicators point to positive short-term trends, but weak financial fundamentals and valuation challenges present obstacles to sustained long-term growth.

ITM’s ability to capitalize on its strategic wins, such as the Uniper project, will be crucial in restoring confidence and unlocking its potential within the green energy transition.

About ITM Power

Founded in 2000 and publicly listed since 2004, ITM Power is headquartered in Sheffield, UK. The company is a pioneer in the production of green hydrogen, manufacturing electrolysers using proton exchange membrane (PEM) technology. ITM’s solutions enable the generation of hydrogen from water and renewable electricity, supporting the shift to cleaner, low-carbon energy systems.

Primary Health Properties PLC (LSE:PHP) has put forward an enhanced proposal to acquire Assura plc, offering a mix of cash and shares to purchase 100% of Assura’s share capital. The revised bid values Assura shares at 55.0 pence each, representing a notable premium over both previous offers and recent market valuations. This proposed merger is poised to establish one of the largest healthcare-focused real estate investment trusts (REITs) in the UK, promising shareholders improved earnings and longer-term growth prospects.

Assura’s board, with financial guidance from Lazard, has endorsed the revised offer, describing it as fair and reasonable. The recommendation reflects the strategic merits of the deal and PHP’s efforts to address previous concerns through collaborative discussions.

PHP’s financial position remains strong, supported by solid equity backing and zero net debt, providing a firm foundation for expansion. Technical analysis points to bullish momentum, although its elevated price-to-earnings ratio may suggest that the stock is trading above its intrinsic value. Nevertheless, the proposed merger and PHP’s track record of successful acquisitions bolster investor confidence. Recent earnings updates also highlight gains in rental income and effective asset management, though the company still faces some operational pressures.

About Primary Health Properties plc

Primary Health Properties PLC is a prominent REIT specializing in healthcare real estate. Its portfolio focuses on purpose-built primary care facilities, including general practitioner clinics and health centers across the UK and Ireland. PHP is dedicated to supporting modern, accessible healthcare services through high-quality property investments, aiming to deliver long-term value for shareholders while contributing to the healthcare infrastructure.

SDCL Efficiency Income Trust plc (LSE:SEIT) has reported a notable financial recovery in its annual results for the year ending 31 March 2025. The company posted a pre-tax profit of £70 million, marking a significant rebound from the previous year’s loss. While the net asset value (NAV) per share remained consistent, SEIT met its dividend distribution targets, maintaining a stable return for investors.

Despite this financial upswing and steady operational performance, the company’s share price continues to trade at a discount to its NAV. This discrepancy has led SEIT to explore strategies aimed at enhancing shareholder value. Management is prioritizing balance sheet optimization and is actively seeking ways to increase liquidity and reallocate capital efficiently in a difficult market environment.

Investor sentiment remains mixed. While the firm benefits from strong equity backing, robust cash flow generation, and consistent asset performance, concerns linger over income statement metrics and the stock’s valuation. Technical analysis reflects a cautious outlook, with a lack of upward momentum and a negative price-to-earnings ratio. Nevertheless, SEIT’s attractive dividend yield continues to draw interest from income-focused investors.

About SDCL Efficiency Income Trust plc

SDCL Efficiency Income Trust plc, part of the FTSE 250 index, is the UK’s first publicly listed investment company dedicated solely to energy efficiency. Its diversified portfolio spans the UK, North America, and Europe, featuring a mix of cogeneration systems, solar and energy storage projects, and energy recovery technologies. SEIT’s mission is to generate long-term shareholder returns through investments that reduce energy costs and carbon emissions, offering cleaner and more dependable energy solutions.