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AIM WINNERS & LOSERS: Bezant sells Blackstone shares; UK Oil down

ALN

The following stocks are the leading risers and fallers on AIM on Thursday.

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AIM - WINNERS

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Bezant Resources PLC, up 22% at 0.07p, 12-month range 0.07p-0.02p. The copper and gold exploration company with projects in Africa, South America and the Philippines says it now owns 80.6 million shares in Australian Securities Exchange listed Blackstone Minerals. The firm says it has sold 53.4 million shares in Blackstone for £1.8 million total from September 18.

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Verici Dx PLC, up 17% at 0.70p, 12-month range 6.90p-0.48p. The developer of advanced clinical diagnostics for organ transplants rises after releasing its results on Tuesday. Pretax loss widens to $3.1 million in the six months to the end of June from $1.3 million a year ago. Revenue falls 43% to $1.9 million from $3.3 million. ‘We have significantly de-risked the business, achieving all the milestones to enable two validated products to be commercialised. We have in place commercial requirements to support the business: our laboratories and logistical operations are set up, we have all the required regulatory approvals, and we have reimbursement,’ says Chief Executive Officer Sara Barrington. The company continues to expect to meet full-year guidance.

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AIM - LOSERS

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UK Oil & Gas PLC, down 31% at 0.03p, 12-month range 0.06p-0.01p. The energy company falls after the share price multiplied on Wednesday. The firm raises gross proceeds of £3 million through a placing of new shares at 0.03p each. The funding will be used to complete engineering concept and design studies for the collaboration between subsidiary UK Energy Storage and National Gas.

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Oracle Power PLC, down 25% at 0.04p, 12-month range 0.10p-0.01p. The developer and investor in power and natural resource projects receives notice to exercise warrants to subscribe for 107.1 million shares at 0.05467p per share.

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