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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: ---------- CleanTech Lithium PLC - Chile-focused lithium explorer - Records 2025 pretax loss of £2.8 million, narrowed from £7.2 million in 2024, as administrative costs decline to £1.4 million from £3.7 million. Reports no revenue, unchanged. Chief Executive Officer Ignacio Mehech comments: ‘2025 and the early months of 2026 have marked a period of meaningful progress for CleanTech Lithium. With the approval of these accounts, the closing of the recent conditional fundraising, the securing of the [Contrato Especial de Operacion de Litio] terms and the publication of the [pre-feasibility study] for Laguna Verde, the conversion of the loan notes into equity and the positive response we’re noticing as a part of the strategic partner selection process, I am excited for the months and journey ahead. Thanks to the CTL team for all its efforts and to you, our shareholders, for the continuing support which is greatly appreciated.’ Looking ahead, says it remains confident in its strategy to become a leading sustainable lithium producer in Chile. It intends to advance Laguna Verde into production ‘as rapidly as possible whilst addressing...other growth opportunities.’ ---------- Hamak Strategy Ltd - Africa-focused gold exploration firm and digital asset treasury manager - Reports encouraging drilling results from its Akoko gold project in Ghana, including an intercept of 3.42 grams of gold per ton over 23 metres and a high-grade interval of 24.01 grams per ton over one metre. The company says the latest assays support the prospectivity of the project and will help guide further exploration work. CEO Karl Smithson says the results demonstrate that gold mineralisation continues eastward beyond the previously known mineralised area. ‘Drilling of the Akoko North prospect is now complete and the rig is being mobilised to Akoko South. We will continue to provide updates as and when further results become available,’ Smithson adds. ---------- Zambeef Products PLC - cold chain foods and retail business with operations in Zambia, Nigeria and Ghana - Says improvement in its financial performance. ‘underpinned by robust underlying operations and disciplined overhead management.’ comes despite pressure on revenues in Kwacha. Says Kwacha’s appreciation at the start of the calendar year has driven ‘meaningful transactional cost savings on imported inputs.’ Adds: ‘Consequently, the Group has achieved sustained growth in operating profit compared to the prior year - a trajectory that is expected to continue throughout the remainder of the financial year.’ Also notes the positive effect of the reduction in Zambia’s monetary policy rate to 13.25% from 14.5%. Confirms guidance provided in May. ---------- Phoenix Spree Deutschland Ltd - investment company specialising in Berlin residential real estate - Comments on the updated Berlin Mietspiegel, or rent table, announced in May, which provides a revised framework for determining local reference rents and a ‘supportive’ backdrop for rental income across the Portfolio. Says on a pro forma basis, the implied uplift equates to a low single-digit percentage of current in-place rent when measured on a like-for-like Berlin portfolio basis. However, ‘this reflects a theoretical upper range rather than a forecast. Realisation will depend on tenant eligibility, individual lease characteristics and statutory constraints, including the Kappungsgrenze, and is expected to be phased over time rather than immediate,’ Phoenix says. Additionally, noted €23.1 million of condominium sales are notarised in the five months to May 31. ‘Activity continued throughout the period and is tracking in line with the company’s full-year 2026 target of €55 million,’ company says. Sales pricing remains resilient. Also, confirms its first compulsory share redemption, which will return £17.5 million, or £2.56 per share, to shareholders. ---------- Forgent PLC - London-based provider of syngas technology and engineering services for converting waste into sustainable energy and biofuels, and also has copper and gold assets - Announces assay results of its maiden field programme at the Green Rocks Copper-Gold project located in the Ashburton Basin, northwest Western Australia. The surface sampling program was completed in April with multi-element assays received for 110 samples. Notes 22 samples reported greater than 5% copper and 25 samples returned greater than 0.3 grams per ton gold. ‘The results have validated historic sampling and extended the known extent of outcropping mineralisation in multiple directions,’ Forgent says. Additionally, notes widespread high-grade copper mineralisation proximal to interpreted faults, dyke margins and structural intersections. Notes extensive malachite development at surface with ‘exceptional’ grades of up to 29.4% copper and 4.80 g/t gold. Forgent is now designing a maiden drilling programme and submitting a program of work to the regulator alongside other approvals related to heritage surveys. Chief Executive James Parsons says Forgent is ‘delighted with the results.’ ---------- First Class Metals PLC - Ontario, Canada-focused gold and critical metals explorer - Executes a definitive site programme and alternative land use rights agreement in respect of its Kerrs Gold project with nGRND Inc. This follows the signing of a non-binding letter of intent related to the proposed monetisation of one of its Ontario gold assets. The agreement provides a non-diluting funding stream and sees First Class retain full ownership of Kerrs and all underlying mineral title with no disposal of the underlying mineral asset. ‘The legally binding Agreement establishes an innovative long-term monetisation framework linked to the Kerrs NI 43-101 gold resource, while importantly preserving FCM’s ownership of the underlying mineral title and future exploration upside...The successful implementation of the programme provides the company with access to an additional source of non-dilutive funding. Management firmly believes the transaction has the potential to be transformational for First Class Metals, supporting the advancement of its exploration objectives across the portfolio, while maintaining full exposure to future resource growth at Kerrs.’ ---------- Bradda Head Lithium Ltd - North American-focused lithium explorer and owner of the Basin project in Arizona - Says new surface sampling assay results at the Whistlejacket Lithium Project demonstrates strong lithium prospectivity across multiple target areas. This follows the recent approval of the exploration and drilling permit announced in May. Records high values of 3.03% lithium oxide, with eighteen samples exceeding 0.59% lithium oxide out of 60 samples. Notes mostly coarse grained spodumene exhibiting minimum surface alteration, an ‘encouraging’ indication of lithium mineralisation that could be consistent with depth. Additionally, Bradda and Rio Tinto PLC subsidiary Kennecott Exploration Company have completed their first technical meeting and formally established a technical committee for Whistlejacket. The meeting included a review of the current exploration programs, technical priorities, and upcoming drill targets identified across the project area, Bradda says. ---------- Surgical Innovations Group PLC - Surgical and medical instrument manufacturer - Appoints LungLife AI Inc and Verici Dx PLC Chief Financial Officer David Anderson as a fractional CFO with immediate effect. Experience includes senior finance roles with Strategic Minerals PLC, Hakkasan Ltd and CT Group International Ltd. Chair Roy Davis says: ‘We are delighted to welcome David to the Company and the Board. His deep financial expertise and proven track record in listed and high growth businesses makes him an excellent addition to our team. His appointment strengthens our financial leadership as we continue to scale Surgical Innovations and capitalise on the growing demand for minimally invasive surgical solutions.’ ---------- Pulsar Helium Inc - US and Greenland-focused helium company - Provide a technical update on its Topaz Helium Project in Minnesota, at which Pulsar in May acquired 1,360 acres of land. All seven Jetstream exploration wells at Topaz have been successfully drilled. Subsidiary Keewaydin Resources Inc now holds 690 net mineral acres in fee simple, meaning owned outright and royalty-free, plus approximately 4,941 net mineral acres under gas leaseholds. Notes the majority of the leasehold carries a royalty of just 3% of gross sales with Keewaydin’s owned mineral interests further reducing the effective royalty burden on 28 shared tracts. Pulsar says it is currently planning to drill two to four production-ready wells that will twin the most successful Jetstream exploration wells at Topaz and complement Jetstream #1 and #2 that are already production-ready. CEO Thomas Abraham-James says: ‘The Topaz Project has never been better positioned...The passage of new Minnesota helium legislation has added a further layer of confidence, giving us a clear and supportive regulatory framework for the path ahead...We head into our production-ready well drilling campaign with real momentum, strong technical foundations, and a project that we believe has the potential to be a transformative US primary helium project. The hard work of the exploration phase is complete, now it is time to build.’ ---------- Tap Global Group PLC - Provides an update on its Tap Earn yield product. Tap Earn assets under management pass $5 million and are up around 43% from the $3.5 million reported in May. Says this occurred ‘despite price weakness of Bitcoin and Ethereum. Additionally, customer-facing stablecoin yields increase to up to 8.0% from up to 7.0% at launch. CEO Arsen Torosian says: ’Customers continued to deposit through the drawdown, which is precisely the behaviour this product was built around: earning a return on what you hold matters most when markets are difficult. ‘For the Group, every dollar of AUM adds recurring yield revenue that does not depend on trading volumes. We set out to build a revenue base that works through all phases of the market cycle; the past four weeks is evidence of that strategy in play.’ ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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