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The following stocks are the leading risers and fallers on AIM on Friday. ---------- AIM - WINNERS ---------- Caledonian Holdings PLC, up 38% at 0.004 pence, 12-month range 0.008p-0.002p. The firm enters a binding agreement with AlbaCo shareholders Moulsdale Investments and Nevis Investments on a share swap. Each of the shareholders will exchange 250,000 AlbaCo shares of 100p each for 6.25 billion new shares in Caledonian Holdings worth 0.004p each. In total, Caledonian will receive 500,000 shares in AlbaCo, valued at £500,000, and will issue 12.50 billion new shares to Alba shareholders. ‘The board believes the share swap strengthens the alignment between Caledonian and key AlbaCo shareholders and enhances Caledonian’s investment position as AlbaCo continues to progress its business and licencing ambitions,’ the company says. ---------- Sunrise Resources PLC, up 22% at 0.03p, 12-month range 0.04p-0.01p. The industrial mineral projects developer completes the second phase of developmental testwork at the Pioche Sepiolite project in Nevada, US. It says the testing confirms Pioche sepiolite as a suitable gelling clay to replace Amargosa sepiolite and Florida attapulgite. The firm adds that the process breakthrough yielded results comparable to ‘gold-standard’ Spanish sepiolite in high-value gelling applications. ‘We are very pleased to report continuing positive results and a breakthrough in processing Pioche sepiolite clay that has delivered results comparable to those obtained with high-grade Spanish sepiolite,’ says Executive Chair Patrick Cheetham. ---------- AIM - LOSERS ---------- Versarien PLC, down 22% at 0.01p, 12-month range 0.059p-0.006p. The Gloucestershire, England-based advanced materials group proposes the disposal of its assets. It signs a non-binding heads of terms with a ‘UK quoted public company’ for the disposal of its remaining material assets and subsidiaries. The consideration for the assets would be £100,000 in cash and around £100,000 in shares in the potential acquirer. Versarien enters period of exclusivity with the potential acquirer until the end of November. ‘In the absence of successfully concluding the transaction in as short a timeframe as possible, the board may have no alternative but to seek to appoint administrators to Versarien,’ it adds. ---------- Tertiary Minerals PLC, down 9.3% at 0.06p, 12-month range 0.10p-0.03p. The mineral development company sets out details of the phase three drill programme at target A1, its silver-copper-zinc prospect within the Mushima North project. Mushima North is located in Zambia. The firm plans a drilling programme of around 1,000 metres of reverse circulation drilling. ‘We are delighted that we will be drilling again at target A1 this season. Drilling again before the rains, rather than waiting until the start of the next dry season in March-April next year, shows our resolve to aggressively advance this project and add shareholder value,’ says Managing Director Richard Belcher. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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