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The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: ---------- MicroSalt PLC - London-based provider of low-sodium salt products - Announces continuing advancement of its business-to-business operations during the six months ended June 30. Further, receives increased North America volume projections from ’Customer 3’, one of the world’s largest food, soft drink and snack manufacturers. While non-contractual, MicroSalt is confident in these volume projections which include a single new item, representing an addition to the company’s existing sales pipeline with Customer 3. The volume projections commence rollout in the second quarter of 2026 with resultant sales exceeding $5 million in 2026 and expanding to $11 million in 2027. Says group sales in first half of 2025 are $0.9 million, up 72% from the prior quarter. Microsalt expects total group sales of $6.7 million in 2026 based on in-hand volume estimations and its current customer base. Rick Guiney, chief executive, says: ‘We are pleased with our H1 2025 sales results and continued scale up of our deployment with Customer 3 and its group. The robust sales pipeline and our ability to deliver consistent functionality across varied reformulation platforms underpins our confidence of future success.’ ---------- Capital Metals PLC - London-based mining firm targets mineral sand deposits in Sri Lanka - Pretax loss widens to $1.1 million in the financial year ending March from $931,577 the year prior. Administrative expenses increase to $1.2 million from $899,473. Executive Chair Greg Martyr says: ‘With an in-situ grade that is already one of the highest globally, massive upside potential with the ongoing drilling programme, and the outline of a pathway to fund the [Taprobane Minerals] project to profitability, we are feeling positive about the outlook for Sri Lanka’s most advanced mineral sands project. The project’s exceptional grades, low environmental impact, and scalable development profile provide it with compelling advantages. We believe that these strengths, coupled with a collaborative approach to local engagement, will enable us to generate sustainable value for shareholders, partners, and the communities in which we operate.’ ---------- Aptamer Group PLC - developer of synthetic binders to the life science industry - Announces a contract extension, entailing a new work order, with a top five global pharmaceutical company for the development of Optimer binders to support an ELISA assay. This paid-for extension involves the conversion of these binders into a fully functional ELISA assay. Aptamer retains ownership of the intellectual property associated with these binders, positioning the company to potentially establish commercialisation licenses in the future. Chief Executive Arron Tolley says: ‘We are delighted to have successfully completed the initial binder development phase for this top 5 pharma partner and to now extend our collaboration into assay conversion.’ Adds: ‘Retaining IP ownership provides us with opportunities for future licensing revenues, aligning with our strategy to build long-term value through repeat business and commercialisation pathways.’ ---------- Georgina Energy PLC - onshore helium, hydrogen and hydrocarbon prospects company - Subsidiary Westmarket Oil & Gas Pty Ltd engages with multiple parties to ensure final drilling approval is granted for drilling activity at Hussar EP513. Says it is confident the Department of Mines, Petroleum and Exploration in Western Australia will issue the requested drilling approval in short order. ‘The process is a significant undertaking by all parties to ensure compliance and involves multiple submissions which are then reviewed by the relevant regulators with any additional information to be submitted on request,’ company explains. ‘While this process has been lengthy, the ultimate outcome is access to the Hussar wellsite. The initial programme calls for the company to undertake repairs at the Hussar Airstrip and access roads, and begin to construct drilling and camp location pads together with water wells in preparation for drilling,’ it adds. ---------- Kavango Resources PLC - Botswana and Zimbabwe-focused precious metals explorer - Provides an update on its recently completed ground geophysical programme at the Karakubis Copper Project in Botswana’s Kalahari Copper Belt. Says it has gathered additional data along a section line which has provided Kavango with access to important drill core, across the key target horizon for copper-silver mineralisation in the KCB. The data acts as a ‘crucial control’ for interpretation of geophysical survey data to identify higher-confidence drill targets. ‘The company is encouraged by the results of this and is currently preparing final targets for a follow-up drill programme later this year,’ it says ---------- Cizzle Biotechnology Holdings PLC - London-based life sciences company engaged in developing a blood test for the early detection of the different forms of lung cancer - Following progress with its pathfinder laboratory, the company’s North American licencing partner Cizzle Bio Inc enters into an agreement with a full scale commercial multi-site clinical diagnostics laboratory group to make the company’s CIZ1B biomarker test available throughout the US in the near future. Alongside this, BIO and the company agree to a revised regular payment schedule that will result in the remaining advance royalties due to the company being paid by the end of 2026, ahead of the previously agreed schedule, being end of April 2027. As part of agreed advance exclusivity and royalty fees, BIO paid an early payment of $125,000 to the company bringing total receipts to date of $525,000 of the guaranteed advance payments of $2.4 million. ---------- Galileo Resources PLC - copper, gold and lithium mine development in Zambia, Zimbabwe and Botswana - Reports significant exploration progress at its 100% owned Ferber Property under the terms of a Royalty and Exploration agreement with Bronco Creek Exploration Inc, a wholly-owned subsidiary of EMX Royalty Corp. Mapping and rock sampling to date has extended the scale of the major intrusive and alteration complex indicating a large and strong hydrothermal system. ‘The property is showing significant potential as was anticipated when we first acquired the claims from St Vincent Minerals in the US. Nevada is a fertile environment for copper and gold and we have identified geological similarities at Ferber with other producing mines in the district. Our geological thinking drives us towards a porphyry intrusive/skarn model - benefitting from the knowledge and experience of BCE personnel who are executing our field programmes at an operational level,’ Chair & Chief Executive Colin Bird says. ‘We are continuing our work with BCE to move the programme forward at pace, with the aim of delineating drill targets during Q4 2025. We are very encouraged by the results to date and look forward to updating shareholders as work progresses,’ he adds. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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