|
The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: ---------- Galantas Gold Corp - developing Omagh project in Northern Ireland and exploring Gairloch project in Scotland - Agrees to buy a 100% ownership interest in the Andacollo Oro gold project, located in the Coquimbo region of central Chile. The project is a past-producing, large-scale open pit heap leach gold operation with existing infrastructure, permits and historical technical data. Galantas says the acquisition represents a ‘significant strategic step’. The total cash consideration payable under the agreement is $32.0 million. This includes $4.5 million in cash on closing. The controlling shareholder of the owner of the project will receive 91.3 million Galantas shares, representing around 20% of Galantas, subject to approval. ‘This transaction represents a clear step-change in the scale and profile of Galantas. The acquisition of the Andacollo Oro gold project fundamentally repositions the company, adding a large-scale, past-producing gold asset with existing infrastructure, permits, and a deep technical database in one of Chile’s most established mining districts,’ says Chief Executive Officer Mario Stifano. ---------- Goldstone Resources Ltd - Ghana-focused gold explorer - Provides an operational update for 2025. Says gold production totalled 90.6 kilos of gold, all of which was sold, generating $10 million in revenue, at an average realised gold price of $3,464 per ounce. Total material mined was 744,000 tonnes, including 144,000 tonnes of ore, consistent with the reported gold production. Operations were impacted by a combination of increased frequency of regulatory inspections, and an unusually heavy rainy season which resulted in three months of heavy rainfall. The heavy rainfall disrupted mining operations and average stacked ore volumes reduced from 36,000 tonnes per month to 14,000 tonnes per month. ---------- Zegona Communications PLC - London-based investor in European telecommunications and media - Announces that, following the payment of the special dividend of €1.4 billion to all Zegona ordinary shareholders today, it has completed the repayment of the Vodafone Group PLC financing in full. As a result, Zegona will cancel the 523.2 million ordinary shares held by parent company EJLSHM Funding Ltd and reduce its share capital by 69%. ---------- Aptamer Group PLC - York, England-based synthetic binders developer - Provides an update regarding media comment and speculation following the trading update released by the company earlier Wednesday. Confirms that its cash position provides a runway through to June 2027 in line with previous statements. ---------- Tissue Regenix Group PLC - Leeds, England-based regenerative medical devices firm - Announces details of the secondary market trading facility that will be in place following the cancellation of the admission to trading on AIM of its ordinary shares. Following the cancellation, the company has appointed Asset Match to facilitate trading in shares. Asset Match, a firm authorised and regulated by the Financial Conduct Authority, will operate an electronic off-market dealing facility for the shares. ---------- Intuitive Investments Group PLC - Manchester, England-based investor in technology and life science companies - Says that its principal investment Hui10, enters into a milestone agreement with the CFCA, the national security certification agency under the leadership of the People’s Bank of China and approved by the National Information Security Management Agency and the Ministry of Finance, which signals the go-ahead towards the deployment of Hui10’s patented platform for the Paperless Play Lottery pilot. ‘The approval by the CFCA marks a pivotal moment for IIG and Hui10,’ says IIG Chair Nigel Rudd. ‘Their endorsement confirms that Hui10’s paperless lottery solution meets the highest national standards for compliance, security, and digital identity,’ he adds. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
|