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  • Wishbone Gold Raises £4 Million to Expand Red Setter Exploration

    Wishbone Gold Raises £4 Million to Expand Red Setter Exploration

    Wishbone Gold Plc (LSE: WSBN) has successfully secured £4 million through a new share issuance to fund the expansion of its exploration program at the Red Setter Gold Dome site. The funding, arranged with the support of OAK Securities, is expected to enhance the company’s exploration capabilities and strengthen its market position. The newly issued shares are scheduled to begin trading in mid-October 2025.

    About Wishbone Gold

    Wishbone Gold Plc is a mining company focused on gold exploration and development. Its primary operations center on the Red Setter Gold Dome site, where it is actively advancing its exploration efforts.

    This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

  • Phoenix Copper Reports H1 2025 Results and Advances Empire Mine Project

    Phoenix Copper Reports H1 2025 Results and Advances Empire Mine Project

    Phoenix Copper Limited (LSE:PXC) has released its unaudited interim results for the first half of 2025, showing a reduction in group losses and an increase in company profits compared with the prior year. The company has made notable progress on its Empire Mine project, with proven and probable mineral reserves and a pre-feasibility study indicating strong potential cash flows. Rising prices for copper, gold, and silver have further strengthened the project’s financial outlook, suggesting significant added value.

    Phoenix Copper is working to secure additional funding to complete construction of the Empire open-pit mine, with production anticipated in the near term.

    About Phoenix Copper

    Phoenix Copper Limited is a U.S.-focused producer and exploration company specializing in base and precious metals. The company’s core operations include the Empire Mine in Idaho, and it holds interests in various mineral reserves including copper, gold, and silver.

    This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

  • Serica Energy Strengthens North Sea Portfolio Through Strategic Acquisition

    Serica Energy Strengthens North Sea Portfolio Through Strategic Acquisition

    Serica Energy (LSE:SQZ) has announced the acquisition of Prax Upstream Limited, which includes full ownership of the Lancaster field and stakes in several other North Sea assets. Valued at $25.6 million, the deal is expected to diversify Serica’s portfolio, boost reserves, and improve cash flow. This acquisition enhances Serica’s position as a key operator in the West of Shetland basin and opens up new opportunities for production growth. Completion is expected by the end of 2025, with additional financial benefits projected in 2026, including significant free cash flow and low decommissioning liabilities.

    While Serica maintains a stable financial position with strong liquidity and strategic growth plans, it faces challenges from inconsistent revenue growth, negative earnings, and short-term bearish technical signals. Nonetheless, positive prospects for 2026 and a strong dividend yield provide some optimism for investors.

    About Serica Energy

    Serica Energy plc is an oil and gas company focused on exploration and production in the UK North Sea. The company is recognized for strategic acquisitions and efficient management of offshore assets, with the goal of enhancing production capabilities and expanding its resource base.

    This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

  • ASOS plc Delivers Strategic Gains and Profitability Improvements in FY25

    ASOS plc Delivers Strategic Gains and Profitability Improvements in FY25

    ASOS plc (LSE:ASC) has reported significant strategic progress in FY25, focusing on building a more resilient and sustainably profitable business. The company has addressed legacy operational challenges, adopted a disciplined commercial approach, and prioritized re-engaging its customer base. Key achievements include a marked reduction in net debt, improved gross profit margins, and enhanced operational efficiencies.

    Looking ahead to FY26, ASOS plans to continue its transformation, emphasizing customer engagement and further profitability improvements, supported by a streamlined cost structure and strengthened business model.

    Despite these advances, the company’s outlook is influenced by ongoing financial pressures, including declining revenues and high leverage. Technical indicators and valuation metrics remain a concern, although operational improvements highlighted in the earnings call provide some optimism. Challenges in sales performance and market conditions persist.

    About ASOS plc

    Founded in 2000, ASOS plc is a leading global fashion retailer serving over 18 million active customers across more than 200 markets. The company offers a wide range of fashion products under its own brands, including ASOS DESIGN, ARRANGE, COLLUSION, Topshop, and Topman, as well as products from international and local partner brands. ASOS leverages an agile commercial model, including ASOS Fulfilment Services, Partner Fulfils, and Test & React, to make the latest fashion trends accessible worldwide.

    This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

  • Invinity Energy Systems Posts Strong H1 2025 Results and Announces Global Expansion Plans

    Invinity Energy Systems Posts Strong H1 2025 Results and Announces Global Expansion Plans

    Invinity Energy Systems (LSE:IES) has reported its interim results for the first half of 2025, recording revenue of £2.0 million and a notable reduction in operating losses. The company has advanced efforts to lower battery costs and expand its order book, securing new customer orders totaling 11.7 MWh. Strategic investments from Atri Energy and Next Gen Mobility have strengthened Invinity’s cash position to £39.7 million.

    The company is focused on scaling its operations globally, with particular attention to the UK Cap and Floor Scheme, which could support up to 1,000 jobs in Scotland. Invinity is also growing partnerships in India and China to meet rising demand for long-duration energy storage solutions.

    Despite these strategic achievements, Invinity continues to face financial challenges, including ongoing losses and pressure on revenue growth. Technical indicators show a mixed outlook, with some short-term bullish signals, while valuation remains difficult due to negative earnings and no dividend payments.

    About Invinity Energy Systems

    Invinity Energy Systems plc is a global leader in the manufacture of vanadium flow batteries, designed to provide large-scale, high-throughput energy storage for businesses, industries, and power grids. Their factory-built batteries are engineered to operate continuously for over 30 years without degradation, making them ideal for demanding renewable energy applications. Formed in April 2020 through the merger of redT energy plc and Avalon Battery Corporation, Invinity operates in major energy storage markets including the UK, Canada, USA, and China.

    This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

  • Tower Resources Makes Headway on African Energy Projects Through Strategic Partnerships

    Tower Resources Makes Headway on African Energy Projects Through Strategic Partnerships

    Tower Resources PLC (LSE:TRP) has reported its interim results for H1 2025, highlighting notable progress across its African operations in Cameroon and Namibia. The company finalized farm-out agreements for its Thali license in Cameroon and PEL96 in Namibia, attracting significant investment from Prime Global Energies Limited.

    Although government approvals have experienced delays, Tower Resources remains optimistic about beginning drilling operations in Cameroon by early 2026. In Namibia, the company is moving forward with seismic data acquisition plans. Meanwhile, in South Africa, discussions for a joint venture license are ongoing, though no substantial progress has yet been made.

    About Tower Resources

    Tower Resources PLC is an Africa-focused energy company specializing in the exploration and development of oil and gas assets. The company holds interests in offshore licenses in Cameroon and Namibia and participates in joint ventures in South Africa, aiming to expand its presence in the African energy market.

    This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

  • Oracle Power PLC Teams Up with MEGA Resources on Northern Zone Gold Project

    Oracle Power PLC Teams Up with MEGA Resources on Northern Zone Gold Project

    Oracle Power PLC (LSE:ORCP) has signed a binding Right to Mine and Co-Operation Agreement with MEGA Resources and Bain Global Resources for the Northern Zone Gold Project in Western Australia. Under the arrangement, MEGA Resources will fully fund the project, providing mining, geological, and engineering support, while profits will be split equally between Oracle, Riversgold, and the partners.

    The agreement removes the need for Oracle to provide upfront capital and allows the company to participate in potential profits from the project. This partnership is expected to accelerate gold extraction and expand drilling operations, strengthening Oracle’s position in the region.

    About Oracle Power PLC

    Oracle Power PLC is an international mining project developer with a focus on gold exploration and production. Operating through its subsidiaries, the company forms strategic partnerships to advance mining projects, including the Northern Zone Gold Project in Western Australia.

    This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

  • Strix Group Reports Mixed H1 2025 Results Amid Economic Pressures

    Strix Group Reports Mixed H1 2025 Results Amid Economic Pressures

    Strix Group (LSE:KETL) has released its interim results for the first half of 2025, showing strong performances in its Billi and Consumer Goods divisions, while the Controls segment faced headwinds from macroeconomic and geopolitical challenges. Revenue declined by 6.4% at constant exchange rates, and the company experienced higher net debt alongside tighter profit margins.

    In response, Strix is advancing strategic initiatives such as geographic expansion and new product launches, while actively managing debt and navigating market volatility. Despite the hurdles, the company maintains confidence in its medium-term outlook, focusing on resilience and opportunities from a potential market recovery.

    Financially, Strix faces ongoing challenges with profitability and revenue growth. Technical indicators point to a lack of momentum, and valuation metrics remain weak due to negative earnings and no dividend yield. The absence of recent earnings call or corporate event data limits further insight.

    About Strix Group

    Founded in 1982 and headquartered in the Isle of Man, Strix is a global leader in designing, manufacturing, and supplying kettle safety controls and other water heating, temperature control, steam management, and water filtration devices. Its brands, including Aqua Optima, LAICA, and Billi, provide market-leading water solutions worldwide. Strix is listed on the AIM Market of the London Stock Exchange.

    This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

  • Novacyt Reports Steady H1 2025 Growth and Key Strategic Progress

    Novacyt Reports Steady H1 2025 Growth and Key Strategic Progress

    Novacyt S.A. (LSE:NCYT) has released its unaudited interim results for the first half of 2025, highlighting a period of consolidation aimed at supporting long-term growth. The company saw a modest rise in underlying group revenue, largely driven by strong demand for its reproductive health products in the APAC region. While statutory revenue decreased slightly, Novacyt successfully reduced its EBITDA loss through targeted cost-saving measures.

    During the period, the company launched the LightBench® Discover instrument for genomic research laboratories, which has achieved promising early sales. Additionally, Novacyt received EU accreditation for its Yourgene QST*R Base assay, underlining its commitment to high-quality standards. With a solid balance sheet, the company is well-positioned to continue investing in R&D and expanding global adoption of its products.

    About Novacyt S.A.

    Novacyt S.A. is an international molecular diagnostics company offering a comprehensive portfolio of integrated technologies and services, with a focus on genomic medicine. The company develops, manufactures, and commercializes molecular assays and instrumentation, providing end-to-end solutions for human health, animal health, and environmental applications. Novacyt operates across three business segments—Clinical, Instrumentation, and Research Use Only—and maintains a presence in over 65 countries worldwide.

    This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

  • Eurasia Mining Reports Record H1 2025 Profit Amid Production Growth

    Eurasia Mining Reports Record H1 2025 Profit Amid Production Growth

    Eurasia Mining PLC (LSE:EUA) has posted a record profit before tax of £6.4 million for the first half of 2025, driven by increased output at the West Kytlim mine and the extension of the NKT licence. The company has doubled its enrichment capacity and enhanced logistics, resulting in higher production volumes. Strong platinum market dynamics, including a continuing supply deficit, have contributed to favourable pricing and strengthened Eurasia’s market position. Additionally, the company secured a secondary listing on the Astana International Exchange, broadening its market reach and providing greater liquidity opportunities for shareholders.

    Despite these achievements, Eurasia Mining’s outlook is tempered by ongoing financial challenges, including inconsistent cash flow and previous periods of negative profitability. Technical indicators suggest bearish momentum, while valuation metrics remain unattractive due to a negative P/E ratio and absence of dividend yield.

    About Eurasia Mining

    Eurasia Mining PLC is a precious metals producer with significant operations in the Urals and Arctic regions. Its core assets include the West Kytlim and NKT mines. The company focuses on platinum group metal enrichment and is actively pursuing production expansion and additional permitting to enhance its mining operations and long-term growth prospects.

    This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.