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  • Mkango Resources Raises £12.5m to Expand European Rare Earth Operations

    Mkango Resources Raises £12.5m to Expand European Rare Earth Operations

    Mkango Resources (LSE:MKA) has completed a £12.5 million equity raise, issuing 37,878,788 new shares at £0.33 each through a placing, LIFE offering, retail offer, and subscription. The shares have now been admitted to trading on AIM, while conditional approval has also been obtained for listing on the TSX Venture Exchange.

    The proceeds will be directed toward advancing the company’s European strategy, including a potential acquisition in Germany, funding capital expenditure and feasibility work across its UK and German recycling operations, and supporting general working capital needs. The move reinforces Mkango’s ambition to scale its rare earth recycling and processing capabilities in key European markets, while also managing regulatory considerations such as a related-party transaction involving its interim CFO.

    The fundraising attracted participation from a range of financial intermediaries, including Peel Hunt, H&P Advisory, Alternative Resource Capital, Red Cloud Securities, JUB Capital, and SP Angel, reflecting strong engagement from capital markets participants. Certain resale restrictions will apply to most of the newly issued shares in Canada, except those placed under the LIFE exemption, highlighting a structured approach to accessing both UK and Canadian investor bases.

    More about Mkango Resources

    Mkango Resources is a dual-listed company on AIM and the TSX Venture Exchange focused on the rare earths sector, particularly the recycling and production of rare earth magnets, alloys, and oxides. Through its majority stake in Maginito, the company holds interests in HyProMag operations in the UK and Germany, as well as Mkango Rare Earths UK. It is also expanding recycling technology in the United States and advancing development projects including Songwe Hill in Malawi and the Pulawy separation project in Poland, both recognised as EU Strategic Projects.

  • Metals Exploration Expands La India Footprint with New Nicaragua Concessions

    Metals Exploration Expands La India Footprint with New Nicaragua Concessions

    Metals Exploration (LSE:MTL) has strengthened its position around the La India Gold Project in Nicaragua after securing four additional exploration concessions covering approximately 64,400 hectares. The licences, granted for 25 years, carry a 3% gross royalty alongside increasing surface fees and include areas with historic mining activity, some of which were previously explored by Newcrest Mining.

    The enlarged land package provides several high-priority exploration targets, including La Grecia, San Cristobal, Dos Hermanos, and Las Cruces. These क्षेत्रों show encouraging signs of epithermal and porphyry-style mineralisation, supported by historical high-grade sampling. The company plans to carry out initial work such as rehabilitating legacy workings, trenching, geological mapping, and soil sampling before prioritising areas for drilling.

    While expanding its exploration footprint, Metals Exploration remains focused on advancing La India toward production, with initial gold output targeted by the end of 2026. The additional concessions are expected to enhance the long-term potential of the broader district.

    The company’s outlook is supported by improving financial performance, including revenue growth, stronger margins, and solid cash flow generation. Technical indicators also point to a sustained upward trend in the share price, although overbought conditions may present short-term risks. Valuation remains less favourable due to a negative price-to-earnings ratio and the absence of a dividend yield.

    More about Metals Exploration

    Metals Exploration plc is a gold-focused mining, development, and exploration company with key operations in the Philippines and Nicaragua. Its strategy centres on advancing the La India Gold Project while expanding its exploration presence across highly prospective neighbouring concessions.

  • Atome Advances Toward Funding Agreement for US$650m Paraguay Fertiliser Project

    Atome Advances Toward Funding Agreement for US$650m Paraguay Fertiliser Project

    Atome PLC (LSE:ATOM) has moved closer to securing financing for its US$650 million Villeta green fertiliser project in Paraguay, with negotiations involving its equity consortium now in the final stages. The company confirmed that the longstop date for the agreement has been extended to 17 April 2026, allowing additional time to finalise discussions.

    The group aims to conclude funding arrangements alongside the upcoming Spring Meetings of the International Monetary Fund and the World Bank in Washington, where key equity and debt stakeholders are expected to convene. This coordination signals that a final agreement may be imminent, paving the way for construction to begin later in 2026.

    Atome’s Villeta project is underpinned by a 145MW renewable power purchase agreement, a long-term supply contract with Yara International, and a fixed-price engineering, procurement, and construction deal with Casale S.A.. The development is designed to produce low-carbon fertiliser, reducing reliance on imports derived from fossil fuels and supporting more sustainable agricultural supply chains in the region.

    Despite this progress, the company’s outlook remains constrained by its pre-revenue status, ongoing losses, and negative free cash flow, leaving it dependent on securing external funding. Technical indicators offer some support, with the share price trending above key moving averages and momentum signals positive. However, valuation remains limited by the absence of earnings and dividend visibility.

    More about Atome Energy PLC

    Atome PLC is an AIM-listed developer focused on green fertiliser and low-carbon infrastructure projects across the Mercosur region. Its portfolio includes 445 megawatts of capacity in Paraguay, alongside a broader development pipeline in Central America. The company is also building out renewable power generation capabilities to support fertiliser production and energy supply in key agricultural export markets.

  • Sunda Energy Raises £404,780 via Retail Offer Ahead of AIM Share Admission

    Sunda Energy Raises £404,780 via Retail Offer Ahead of AIM Share Admission

    Sunda Energy (LSE:SNDA) has secured approximately £404,780 in gross proceeds through a WRAP Retail Offer, issuing 13,606,029 new shares along with 6,802,977 warrants to participating investors. The fundraising remains subject to shareholder approval at a general meeting scheduled for 29 April 2026, as well as the admission of the new shares to trading on AIM, expected on 30 April 2026. Once admitted, the shares will rank equally with other new ordinary shares issued as part of the wider capital raise.

    The transaction forms part of Sunda Energy’s broader funding efforts as it advances its exploration and appraisal activities. However, the company’s overall outlook remains under pressure due to ongoing financial challenges, including a lack of revenue, widening losses, and continued cash burn, despite relatively low leverage. While recent share price strength offers some technical support, overbought conditions suggest potential volatility. Valuation also remains constrained given the absence of profitability and dividend backing.

    More about Sunda Energy plc

    Sunda Energy plc is an AIM-listed oil and gas exploration and appraisal company focused on the Asia-Pacific region. The business is engaged in identifying, developing, and monetising upstream hydrocarbon opportunities across its portfolio of regional assets.

  • Unite Group Advances Portfolio Reshaping as Bookings and Disposals Progress

    Unite Group Advances Portfolio Reshaping as Bookings and Disposals Progress

    Unite Group (LSE:UTG) reported that 74% of its beds are already reserved for the 2026/27 academic year, slightly behind last year’s pace. The company reiterated expectations for occupancy and rental growth at the lower end of its guidance ranges, with bookings in its Hello Student portfolio running slower due to a delayed sales cycle. Despite this, demand from leading universities remains strong, and the group continues to benefit from hedging measures that limit the impact of higher energy costs and interest rates. Integration of Empiric is also progressing, with anticipated cost synergies on track.

    The company is actively reshaping its portfolio, targeting £300–400 million in disposals during 2026. So far, £130 million of sales have been completed or agreed, with an additional £500 million of assets currently being marketed. This strategy is aimed at concentrating the portfolio around higher-quality properties linked to top-tier universities. Unite has nearly completed a £100 million share buyback programme and expects to fund further repurchases through disposal proceeds. Development activity also continues, with the Hawthorne House scheme in London nearing completion.

    In its investment vehicles, Unite reported valuation declines in both the Unite UK Student Accommodation Fund and the London Student Accommodation Joint Venture during the first quarter, largely due to yield expansion rather than underlying rental weakness. The group also noted that upcoming rental regulations are likely to favour purpose-built student accommodation over houses in multiple occupation, potentially strengthening its competitive position.

    The outlook remains mixed. Weak technical trends and concerns around cash flow and earnings quality, including recent negative free cash flow and fluctuating net income, weigh on sentiment. However, these are partly offset by a solid balance sheet, ongoing operating profitability, a relatively high dividend yield, and proactive management actions. Near-term guidance points to softer occupancy and sales momentum, alongside lower expected earnings per share.

    More about Unite Group plc

    Unite Group plc is the UK’s leading provider of purpose-built student accommodation, owning, managing, and developing properties across major university cities. The company focuses on partnerships with leading institutions and also manages investment vehicles such as the Unite UK Student Accommodation Fund and the London Student Accommodation Joint Venture, supporting the growth and optimisation of its portfolio.

  • Dekel Agri-Vision Reports Strong Cashew Momentum and Palm Oil Recovery in Q1 2026

    Dekel Agri-Vision Reports Strong Cashew Momentum and Palm Oil Recovery in Q1 2026

    Dekel Agri-Vision (LSE:DKL) delivered a mixed operational update for the first quarter of 2026, with its palm oil segment showing early signs of recovery while its cashew division recorded significant growth. Crude palm oil production declined 4.9% year on year, although output improved sharply in March as the seasonal high period began. Lower sales volumes reflected the timing of production, but elevated selling prices for both crude palm oil and palm kernel oil position the business for stronger revenue conversion in the second quarter.

    The group’s cashew operations stood out, with raw nut processing rising 38.5%, production increasing 73.5%, and sales volumes surging 144.8%. This performance was supported by improved efficiency and the inclusion of third-party raw cashew inputs. While average prices per tonne declined due to a higher proportion of lower-grade products, management expects continued expansion in both processing volumes and financial contribution from the cashew segment.

    Overall, Dekel’s outlook remains mixed. Ongoing financial challenges and weak technical indicators continue to weigh on sentiment, reflecting broader operational and market pressures. However, recent progress in scaling the cashew business and improving production trends provides some encouragement for future performance. Valuation remains a concern given the company’s lack of profitability.

    More about Dekel Agri-Vision

    Dekel Agri-Vision is an agriculture-focused company operating in Côte d’Ivoire, developing sustainable, multi-commodity projects. Its assets include a crude palm oil mill at Ayenouan, which processes fruit sourced from local smallholders, and a cashew processing facility at Tiebissou that has recently reached full commercial production.

  • Eden Research Raises £10.8m Through Share Placing to Support Growth Strategy

    Eden Research Raises £10.8m Through Share Placing to Support Growth Strategy

    Eden Research plc (LSE:EDEN), a UK-listed developer of sustainable biopesticides and microencapsulation technologies, has completed a series of fundraising initiatives, bringing total proceeds to approximately £10.8 million. The capital was raised through a combination of a firm placing, subscription, retail offer, and conditional placing.

    Following a second admission expected around 13 April 2026, 190 million new shares will be admitted to trading on AIM, increasing the company’s total issued share capital to 803,362,994 shares. This expansion strengthens Eden’s balance sheet while also updating its shareholder voting framework in line with FCA transparency requirements.

    The additional funding is intended to support the company’s growth plans, including further commercial rollout and regulatory advancement of its sustainable crop protection products. The transaction, led by Cavendish Capital Markets and Oberon Investments as joint bookrunners, highlights continued investor interest in environmentally focused agricultural technologies, particularly as global regulations tighten around traditional pesticides and microplastics.

    Despite this progress, Eden’s outlook remains mixed. The company continues to report losses and negative operating and free cash flow, even as revenues grow and the balance sheet remains relatively stable. On the technical side, the shares have shown strong upward momentum, trading above key moving averages, although overbought conditions suggest the potential for near-term volatility. Valuation remains difficult to assess given the absence of profitability and dividend data.

    More about Eden Research

    Eden Research plc is a UK-based developer of sustainable biopesticide and biocontrol solutions for agriculture, animal health, and consumer markets. Its portfolio includes products such as Mevalone (a fungicide), Cedroz (a nematicide), and Ecovelex (a bird-repellent seed treatment), all built on its proprietary plastic-free Sustaine encapsulation technology. Focused on high-value crops and environmentally driven markets, the company aims to replace conventional chemical pesticides with plant-based alternatives that align with evolving regulatory and sustainability demands.

  • Impax AUM Declines 8% in Q2 as Institutional Withdrawals Pressure Outlook

    Impax AUM Declines 8% in Q2 as Institutional Withdrawals Pressure Outlook

    Impax Asset Management (LSE:IPX) reported an 8.0% drop in assets under management to £22.3 billion for the second quarter ending 31 March 2026, driven largely by £2.0 billion in net outflows. The withdrawals were primarily linked to a limited number of institutional clients, though the firm noted some stabilisation elsewhere, with reduced wholesale outflows and improving flows through its largest distribution partner. Despite volatile market conditions, 63.4% of assets outperformed during the period.

    The group also highlighted the impact of an ongoing exit tender at Impax Environmental Markets plc, which is expected to significantly reduce the assets it manages on behalf of that vehicle. To mitigate the effect, Impax intends to retain a portion of those assets by offering investors the option to switch into a comparable UCITS fund. Reflecting recent outflows and broader market uncertainty, the company now forecasts full-year revenue in the range of £109 million to £113 million and is implementing further cost-efficiency measures.

    While near-term pressures persist, Impax continues to express confidence in the structural growth of sustainable investing, particularly in areas tied to energy security and the transition to a low-carbon economy. The company’s outlook is supported by solid valuation metrics and a stable financial base, though weaker recent performance and negative technical signals weigh on sentiment. Strategic initiatives and a relatively high dividend yield may provide support for a potential recovery.

    More about Impax Asset Management

    Impax Asset Management Group plc is an AIM-listed specialist investment manager focused on opportunities arising from the shift toward a more sustainable global economy. The firm manages actively run strategies across equities, fixed income, and private markets, with a strong emphasis on renewable energy, resource efficiency, and broader sustainability-driven themes.

  • URU Metals Publishes Updated List of Significant Shareholders

    URU Metals Publishes Updated List of Significant Shareholders

    URU Metals Limited (LSE:URU) has released the findings of an independent third-party review of its shareholder register for depositary interests, identifying investors holding 3% or more of its issued share capital as of 31 March 2026. The analysis highlights a relatively diverse ownership base, led by Chief Executive Officer John Zorbas with a 13% stake. Other notable holdings are linked to major UK retail investment platforms and brokers, including Hargreaves Lansdown and Axis Capital Markets, reflecting a mix of individual and institutional participation.

    The company noted that, aside from previously disclosed information, there are no further reportable dealings under AIM rules involving these significant shareholders. This confirmation supports regulatory compliance and provides reassurance around transparency in ownership and trading activity.

    While the updated register enhances visibility for investors, the company’s overall outlook remains constrained by underlying fundamentals. URU Metals is still in a pre-revenue stage, with ongoing cash burn and negative equity weighing on its financial position. Technical indicators also point to weakness, with the share price below key short-term averages and momentum signals such as MACD remaining negative. Recent developments, including the securing of mining rights and a successful fundraising, offer some support but do not fully offset current pressures.

    More about URU Metals

    URU Metals Limited is an AIM-listed company whose shares are traded via depositary interests. Its investor base includes a combination of private investors and major UK retail platforms and brokers. As of the end of March 2026, the company’s shareholding structure is widely distributed, with no single investor holding a controlling stake.

  • Digital 9 Portfolio Company Elio Secures €30m AIB Facility to Support Expansion

    Digital 9 Portfolio Company Elio Secures €30m AIB Facility to Support Expansion

    Digital 9 Infrastructure’s (LSE:DGI9) portfolio company Leeson Telecom, which operates under the Elio Networks brand, has obtained a new debt facility from Allied Irish Banks aimed at strengthening its capital structure and funding future growth initiatives. The financing aligns with Digital 9’s strategy to extract value from its assets as it continues through a managed wind-down process.

    The agreement includes €15 million in committed funding alongside a further €15 million available through an accordion feature. Elio intends to deploy the capital toward a combination of acquisitions and internal expansion projects. According to management, the business is currently exceeding expectations, supported by stable contracted revenues and strong cash flow generation, positioning it as a key contributor to value realisation for shareholders.

    Despite this positive development at the asset level, Digital 9’s broader outlook remains under pressure. The group continues to face significant financial challenges, including recent losses, declining revenue, reduced equity, and inconsistent cash flow. Technical indicators also point to weakness, with the share price trading below major moving averages and momentum signals such as MACD remaining negative. Valuation remains difficult to assess due to the absence of meaningful earnings and dividend metrics.

    More about Digital 9 Infrastructure Plc

    Digital 9 Infrastructure plc is a London-listed investment trust focused on digital infrastructure assets. The company is currently in a managed wind-down phase, aiming to realise value from its remaining portfolio in an orderly manner. Its investment strategy is overseen by InfraRed Capital Partners, a global manager with approximately US$13 billion in equity under management, tasked with executing the wind-down and maximising returns for investors.