Proactive news headlines: Seraphim Space Investment, Chesnara, Chariot…


Seraphim Space, the manager of Seraphim Space Investment Trust PLC (LSE:SSIT), has appointed Sir Richard Branson’s former chief investment adviser Andre Ronsoehr as investment director, effective immediately.

Semper Fortis Esports PLC (AQSE:SEMP) said it made good progress with its strategy in the six months to the end of July. The company, which listed on the AQSE market in April, established its first esports team and formed brand and technology partnerships during the reporting period.

Salt Lake Potash Limited said it has requested its shares be suspended from trading on AIM as it continues to work towards finalising a fundraising that would be necessary to continue operations, “in light of the uncertainty that the fundraising will be concluded successfully”.

Providence Resources PLC (AIM:PVR, OTC:PVDRF) announced that James Menton will assume the role of executive chairman after chief executive Alan Linn quit.

LoopUp Group PLC (AIM:LOOP) has completed a placing of 35.4mln shares with new and existing institutional investors at a price of 25p. The remote conferencing group used the money to pay for the acquisition of corporate training group SyncRTC.

Condor Gold PLC (AIM:CNR, TSX:COG, OTC:CNDGF) said it expects to publish a Feasibility Study (FS) for its La India Project in Nicaragua in the first quarter of next year and provided an update on the progress made so far.

Feedback PLC (AIM:FDBK) is planning to embark on a pilot scheme to provide Community Diagnostic Centre (CDC) services with the Sussex Integrated Care System (ICS).

Avation PLC (LSE:AVAP) shares ascended in early deals on Tuesday as the aircraft leasing company said it had completed the previously flagged sale of an Airbus A220-300 aircraft.

Alien Metals Ltd (LSE:UFO) said an initial independent Scoping Study for the Hancock iron ore project has shown “exceptionally” strong returns are possible from a potential development.

Trident Royalties PLC (AIM:TRR) has welcomed the proposed acquisition by Ramelius Resources of Apollo Consolidated; Trident has a royalty interest in Apollo’s flagship Lake Rebecaa Gold Project in Western Australia..

Greatland Gold PLC (AIM:GGP, OTC:GRLGF) said its Juri joint venture will advance to Stage 2 and that partner Newcrest Mining Ltd could increase its total investment from A$3mln to A$20mln (GBP11mln), marking a significant expansion of the exploration programme following a successful initial 2021 drilling campaign.

Scancell Holdings PLC (AIM:SCLP, OTC:SCNLF) has expanded its research & development capabilities by taking new laboratory and office space in the Bellhouse Building at The Oxford Science Park.

Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) confirmed it is to host a Capital Markets Day event in Texas, including a tour of assets in its ‘Central Region’ to showcase examples of its Smarter Asset Management and ESG operating initiatives.

United Oil & Gas PLC (AIM:UOG) told investors that production has begun from the ASX-1X well in the Abu Sennan licence, onshore Egypt.

Empyrean Energy PLC (AIM:EME) said it has received further notices to exercise warrants at an exercise price 12p apiece over a total of 550,000 ordinary shares, for which funds of GBP66,000 have been received by the company.

Chesnara PLC (LSE:CSN) said Steve Murray has been appointed to the role of group chief executive after UK regulatory approval was received. Former CEO John Deane ceases to be a director of both Chesnara and Countrywide (LSE:CWD) Assured plc but will remain a director on the relevant boards of the company’s Netherland and Swedish businesses until local regulatory approval is secured for Murray.

Base Resources Ltd reported higher output for all of its products in the quarter to end September and received much better prices amid strong demand.

Bango PLC (AIM:BGO) announced the appointment of two new non-executive directors and the retirement of two existing non-executive directors. Gianluca D’Agostino and Nancy Cruickshank retire at the end of October and December respectively. Marcus Weldon, who has worked in senior roles at Nokia, Alcatel-Lucent and AT&T, and Lisa Gansky, an internet entrepreneur who also has extensive experience at AOL (NYSE:AOL) and Kodak, will join the board with immediate effect, as independent non-executive directors.

Albion Capital Group‘s stable of venture capital trusts announced that, subject to obtaining the requisite regulatory approval, they intend to launch prospectus top-up offers of new ordinary shares for subscription in the 2021/2022 and 2022/2023 tax years.

Full details of the offers will be contained in a prospectus that is expected to be published in early January 2022 and will be available on the Albion Capital website.

Chariot Limited said it would like to welcome current shareholders and potential investors to an evening management presentation in London, followed by a Q&A session, on Thursday, 28 October 2021. Drinks and refreshments will be served afterwards. The company also announced the launch of its updated website


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