Proactive news headlines: Powerhouse Energy, Feedback, Challenger Energy, Baker Steel…


Powerhouse Energy Group PLC (AIM:PHE, FRA:BT81) said its partner has raised GBP2.2mln to build a plastic recycling plant in Poland based on the company’s DMG technology.

Feedback PLC (AIM:FDBK, FRA:GZM) has announced a collaboration agreement for its Bleepa medical diagnostic app with AI solutions provider

Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, FRA:0XP) is launching a Nasdaq IPO of American depositary shares (ADS) which would, at the current market price, raise around GBP100mln.

EQTEC PLC (AIM:EQT) said it has completed the acquisition of a 1.2 MWe waste-to-energy gasification plant in Karlovac, Croatia.

Power Metal Resources PLC (AIM:POW, FRA:2M5) has confirmed the existence of a large-scale gold-in-soil anomaly at the Tati project located in the Tati greenstone belt near Francistown, Botswana. The gold anomaly was confirmed following receipt of laboratory assay testing results of soil and rock samples collected during phase I exploration.

Hester Hickey is to step down as an independent non-executive director of gold miner Pan African Resources after serving nine years on the board. Dawn Earp has been appointed as her replacement as lead independent non-executive director and chairperson of the audit and risk committee.

Filta Group Holdings PLC (AIM:FLTA), the fryer management and commercial kitchen services specialist, plans to resume dividend payments if current trading trends continue this financial year.

accesso Technology Group plc, the ticketing solutions specialist whose technology is used by a number of leading theme park operators, is “squarely back on track” after a roller coaster 18 months since the onset of the pandemic.

Corero Network Security’s revenues jumped more than a third in its latest half-year as it benefited from organisations striving to protect themselves against hacking attacks.

Panthera Resources PLC (LSE:PAT) has released assay results for the exploration drilling programme at the Labola (Wuo Land) project in Burkina Faso. Among the highlights were four metres grading 19.7 grams per tonne gold and three metres grading 3.46 grams per tonne.

Caerus Mineral Resources PLC (LSE:CMRS) has announced that an on-site review of all the targets inside the proposed joint venture with Jubilee Metals and Bezant Resources has now been completed. Caerus holds an extensive portfolio of copper and copper-gold ground in Cyprus.

Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) expects to receive its first royalty income payment this month from its effective 0.418% net smelter return royalty interest on the Caserones copper mine in Chile. The royalty receivable is projected to be in excess of US$1mln before tax for the quarter ending 30 June 2021.

AEX Gold Inc (AIM:AEXG, TSX-V:AEX, FRA:2NQ). said it has strengthened its exploration team significantly with a number of new appointments.

IronRidge Resources Ltd (AIM:IRR, FRA:BSG) has announced final high-grade lithium pegmatite drill intersections at new targets adjacent to the Ewoyaa lithium project in Ghana.

Deltic Energy PLC (AIM:DELT, FRA:7RC) chief executive Graham Swindells says he’s extremely pleased 2021 so far, as the North Sea company has seen great progress across its portfolio. The comments, in Tuesday’s interim results statement, come as the company looks forward to the drilling of the Shell operated Pensacola exploration well, and, as a recently agreed joint venture with Cairn Energy is advancing exploration activities.

Challenger Energy Group PLC (AIM:CEG) told investors that it will publish its interim results for the six months ended 30 June 2021, no later than 31 October 2021, utilising the pandemic one-month extension under AIM Rule 18. The company also reiterated that it will announce audited annual results for the year to 31 December 2020 by the end of this month.

Baker Steel Resources Trust Ltd (LSE:BSRT) announced late on Monday that it has adjourned its annual general meeting scheduled for today. This was because it came to the attention of the company that a major proxy voting agency responsible for advising on and the processing of shareholder votes “has misinterpreted the directors’ recommendation in respect of Resolution 12 of the AGM being the resolution relating to the discontinuation of the company. As a result, votes have been cast erroneously in favour of this resolution and therefore in favour of the discontinuation of the company.” Major shareholders have confirmed that they did not wish the company to be discontinued and that their votes have been incorrectly cast to vote in favour of the discontinuation. Baker Steel said therefore it considers it is unreasonable to continue with the AGM and details of a revised meeting date and time will be provided in due course.


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