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The following stocks are the leading risers and fallers on AIM on Friday. ---------- AIM - WINNERS ---------- Tungsten West PLC, up 15% at 11.46 pence, 12-month range 16.50p-2.00p. The firm, focused on the Hemerdon tungsten mine in Devon, UK, reports positive progress from the ongoing processing trial at the site. The trial is being undertaken as part of a programme to test and optimise the performance of sections of the mineral processing facility. As part of the trial, Tungsten West generates its first trial tungsten concentrate. ‘The progress we are making in this processing trial is an important milestone in restarting operations at Hemerdon and provides confidence to our neighbours, the Environment Agency, our investors and off-takers that we are moving towards production,’ says Chief Executive Officer Jeff Court. ‘We have ensured that all activities throughout this trial have been conducted to high environmental and operational standards. As the need for a diversified source of tungsten intensifies, Hemerdon becomes an even more important strategic asset.’ ---------- Savannah Resources PLC, up 10% at 3.85p, 12-month range 5.70p-3.10p. The lithium development company successfully completes placing, which was ‘significantly oversubscribed’ and was scaled back as a result. The firm raises a minimum of £9.2 million before expenses, from £5.9 million through the placing of 158.7 million shares at 3.7p each and a further £3.4 million through the subscription for 90.8 million shares at the same price. The net funds raised will be used to enhance the value of the Barroso lithium project, Savannah Resources says. ‘The support shown by existing and new shareholders through this significantly oversubscribed fundraise is greatly appreciated by all at Savannah. It gives the company total cash reserves of approximately £20 million, meaning that we can carry on the development of our project with great confidence and control of important value accretive elements beyond the [definitive feasibility study] and into pre-construction,’ says CEO Emanuel Proenca. ---------- AIM - LOSERS ---------- Cap-XX Ltd, down 14% at 0.28p, 12-month range 0.49p-0.10p. The Sydney, Australia-based designer and manufacturer of supercapacitors and energy management systems says revenue rises by 7.6% to A$4.9 million, around £2.4 million, in the 12 months to the end of June from A$4.6 million a year ago. The pretax loss narrows to A$3.9 million from A$6.1 million, with a gross margin of 29.7%, broadly in line with 30.0% last year. In the four months since the end of the year, bookings are up by 25% and billings are 12% higher. ‘The strong start to FY26, supported by growing order momentum and enhanced operational efficiency, positions the group well for continued progress in the year ahead,’ the company says. ---------- Xeros Technology Group PLC, down 11% at 2.00p, 12-month range 3.09p-0.33p. The Rotherham, England-based laundry technology developer raises gross proceeds of £3.0 million through the placing and initial subscription of 171.8 million shares at 1.75p each. The firm is seeking to raise up to an additional £2.0 million through a follow-on subscription and is providing shareholders with the opportunity to subscribe for up to £1.0 million through a retail offer. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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