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The following is a round-up of trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: ---------- B Hodl PLC - Douglas, Isle of Man-based company focused on bitcoin accumulation - Enters into a subscription agreement with Canaccord Genuity Ltd to implement an at-the-market equity offering programme, with this set to be the first of a series of ATMs. Says that under the terms, market sales of new shares will be undertaken from ‘time to time’ if its bitcoin mNAV is at or above 1.06. Says the ATM has been structured as a subscription by Canaccord for 600,000 shares, representing around 0.4% of B Hodl’s issued share capital. Explains that the net proceeds of the programme are earmarked to support its strategy of bitcoin accumulation and the development of its revenue generating activities. ‘The At-the-Market facility gives us the ability to grow our bitcoin treasury in a disciplined way, taking advantage of favourable conditions while maintaining transparency for shareholders. It’s a practical step that strengthens our long-term strategy,’ says Chief Executive Freddie New. ---------- Alien Metals Ltd - London-based mining firm focused on Australia - Reports that its joint venture partner, West Coast Silver Ltd, has announced ‘exceptional’ diamond drill assay results at the Elizabeth Hill Silver project near the Karratha, Pilbara region of Western Australia. West Coast Silver reports native silver intersected in multiple drill holes, with assays returning exceptionally high grades and broad zones of high-grade mineralisation. It notes that silver mineralisation in 25WCDD019 highlights ‘exploration opportunities further northwest than any prior drilling, suggesting the mineralised system is still open and may extend significantly along the strike.’ Executive Director Bruce Garlick says: ‘The latest drilling has increased confidence in the scale potential of the silver mineralised system at Elizabeth Hill. The board looks forward to updating shareholders as the Company advances the Project through the next phase of exploration in 2026.’ ---------- Power Metal Resources PLC - metals explorer with projects in North America, Africa, Saudi Arabia and Australia - Updates on the exploration programme at the Balthaga project in Saudi Arabia, where it says it is now commencing the exploration expenditure required to increase its shareholding in the project to 30%. Says that as part of this, it is mobilising a team to undertake the next stage of exploration that is focused on defining drill targets. Notes the drill target definition programme will be split into two phases, with the initial phase focused on a mapping and rock sampling programme, while phase two will be focused on an infill soil geochemistry sampling programme. ‘Through our previous exploration work and historical reports, we have identified multiple prospective targets across the Balthaga licence area. The mobilisation of our exploration team on site will look to define these targets for future drilling programmes and provide further confirmation of the prospectivity of the project,’ says CEO Sean Wade. ---------- Ariana Resources PLC - mineral exploration, development and production company with gold project interests in Africa and Europe - Settles all outstanding loan balances due under the facility agreement with RiverFort Global Opportunities PCC Ltd. Advises that it has received a conversion notice from RiverFort to discharge the outstanding balance of $782,575 through the issuing of 40.4 million shares. Notes this is in accordance with the loan terms and pricing under the facility agreement. ‘We very much appreciate the support provided by RiverFort during the past year or so, in the provision of working capital to enable the company to advance its Dokwe Gold project in Zimbabwe and to help facilitate our ASX dual-listing. In addition to the provision of the loan, RiverFort also participated substantially in both of our equity capital raises last year. The close-out of the remaining loan balance further reinforces their position in Ariana, at a time when the company is making significant progress, with the precious metals markets showing a positive medium and long-term momentum,’ says Managing Director Kerim Sener. ---------- Naked Wines PLC - Norwich, England-based online wine seller - Launches a share buyback scheme worth up to a maximum of £1 million, as it looks to further enhance shareholder returns. Broker Panmure Liberum Ltd will conduct the buyback on the company’s behalf, and Naked Wines says it will continue until the earlier of: the date on which the maximum amount payable has been reached, or March 31 this year. ---------- Sintana Energy Inc - Calgary, Alberta-registered oil explorer in Namibia and Uruguay - Says subsidiaries Patriot Energy Oil and Gas Inc and Patriot Energy Sucursal Colombia have reached an agreement to resolve the arbitration against ExxonMobil Exploration Colombia Ltd and ExxonMobil Exploration Colombia Ltd Sucursal Colombia. Explains this was tied to the VMM-37 block located in Colombia’s Middle Magdalena Valley Basin. Says that Patriot has agreed to conditionally assign its rights and interests associated with VMM-37 to ExxonMobil, and ExxonMobil has agreed to make two cash payments to Patriot. Notes the first is $3 million, due within 60 days of execution, and the second is $6 million, ‘together with mutual releases, conditioned on approval of the Assignment by the appropriate Colombian governmental agencies, including the Agencia Nacional de Hidrocarburos and other contractual requirements.’ ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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