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The following stocks are the leading risers and fallers on AIM on Friday. ---------- AIM - WINNERS ---------- Shuka Minerals PLC, up 40% at 3.50 pence, 12-month range 2.20p-11.50p. The Africa-focused mine operator and developer says the availability period for the entire £2.0 million amount of its convertible note instruments has been extended to March 31, 2026, while the redemption date has been extended by 12 months to March 31, 2027. The convertible notes were entered into in May 2024 with AUO Commercial Brokerage. ---------- AIM - LOSERS ---------- Minoan Group PLC, down 71% at 0.095p, 12-month range 0.091p-0.95p. Reports it will be unable to finalise its results for the year that ended October 31 by the April 30 deadline, due to ‘insufficient funds’. As a result, the firm’s shares will be suspended from trading from May 1, until results are published. The developer of a tourism project in Greece was unable to secure a further extension to its loan with DAGG LLP, which currently stands at around £1.2 million and has been accruing default interest since January 1 at 12% per annum. The firm is in ongoing discussions with DAGG, and will put forward a proposal to shareholders that would see DAGG inject around £4.4 million into Minoan in exchange for company equity and write off around £1.1 million owed by Minoan. If the proposals are rejected by shareholders, Minoan shares may be suspended earlier than May 1. ---------- Beowulf Mining PLC, down 44% at 11.11 pence, 12-month range 11.11p-52.00p. Conditionally raises £1.0 million before expenses via a placing, while a rights issue of up to 27.3 million Swedish depository receipts will, if fully subscribed, raise proceeds of around £3.0 million. A retail offer, if fully subscribed, will raise further funds of around £700,000 before expenses. Maximum gross proceeds from fundraising will total around GBPP4.6 million. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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