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The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: ---------- Meridian Mining PLC - Gold and copper explorer focused on the Cabacal project in Brazil - Launches a retail offer to raise £2.5 million at issue price of 92.0 pence. Additionally, raises £22.5 million gross through a non-pre-emptive placing. Chief Executive Officer Gilbert Clark says: ‘We greatly appreciate the support from our existing and new shareholders who have placed the company in a strong financial position just prior to the LSE’s listing. Our messaging has never been clearer: near-term development then production from Cabaçal, expand Santa Helena Central to be the next mine, resource growth through belt-scale exploration programs; creating the next mid-tier gold and copper miner on the London Stock Exchange and the TSX. The opportunity of being the first mover into what we see as Brazil’s and South America’s most prospective gold and copper VMS belt is only at its naissance.’ Meridian is eyeing a spot in the FTSE UK indices, and given its current Canadian market cap, will likely join the FTSE250. The company is also listed in the US on the OTC Market and in Frankfurt. ---------- Cordiant Digital Infrastructure Ltd - UK-based investor in specialist digital infrastructure, managed by Cordiant Capital Inc - Shareholders approve resolutions to adopt its amended investment policy and its revised articles of incorporation. An application has been made for its shares to be admitted to the closed-ended investment fund category of the Official List of the Financial Conduct Authority. It expects trading on the main market of the London Stock Exchange to become effective on April 30. ---------- Amedeo Air Four Plus Ltd - investment company that buys, leases and sells aircraft - Says a requisite number of shareholders have voted in favour of its acquisition by LAC 10 LLC. ---------- Coro Energy PLC - South East Asian energy company focused on natural gas and renewables - Indonesia’s Ministry of Energy and Mineral Resources approves the sale of Core’s interest in the Duyung production sharing contract. As such, 500,000 shares in Conrad Asia Energy Ltd have been issued to Core. The Conrad shares are worth $177,500 based on the A$0.50 closing share price of Conrad on April 24. ---------- Wise PLC - London-based money transfer services provider - The High Court of Justice in England and Wales sanctions the scheme of arrangement by which Wise Group PLC will be inserted as the new ultimate parent company of Wise. This facilitates Wise’s proposal to move its primary listing to the US and maintain a secondary listing in London. ‘We remain on track to complete our dual listing this quarter, with an expected listing date of May 11,’ company says. ---------- Mirriad Advertising PLC - London-based provider of virtual product placement - Shares are suspended from trading on AIM as the directors of operating subsidiaries Mirriad Ltd and Mirriad Advertising Private Ltd announced they intend to place the subsidiaries into formal insolvency processes. Mirriad Ltd expects to appoint Phil Reynolds of FRP Advisory and Robert Ferne of Begbies Traynor as administrators; the liquidators of Indian subsidiary Mirriad Advertising Private Ltd will be confirmed in due course. Under AIM rules, the company would be required to make an acquisition, or acquisitions, which constitutes a reverse takeover under AIM Rule 14 within six months of becoming an AIM Rule 15 Cash Shell. Alternatively, within such time period, the company can seek to become an investing company pursuant to AIM Rule 8, which requires, inter alia, the raising of at least £6 million and publication of an admission document. ‘It is not anticipated that the cash balances, if any, available to the company following completion of the insolvency processes will enable the company to continue to trade as a going concern. It is therefore anticipated that the company would be required to raise additional funds in the near future,’ Mirriad says. ---------- Block Energy PLC - Georgia-focused oil and gas company - Enters into a conditional agreement with Pilgrim Exploration Ltd for an investment associated with the Ndjila and Mpari production sharing contracts in Gabon. A convertible loan will be made to Pilgrim which holds a 90% interest in the underlying Ndjila and Mpari PSCs. Upon conversion, the loan will result in Block holding a 76.5% economic interest in the PSCs. This will be funded by a proposed equity fundraising of new ordinary shares $6.3 million to be completed in two closings. The fundraise comprises a placing by way of an accelerated bookbuild and a retail offer to existing shareholders of up to 13.6 million shares to raise £150,000. This issue price is 1.1 pence per share. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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