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The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: ---------- Strategic Minerals PLC - focused on Redmoor tungsten, tin, copper project in Cornwall - Provides updates on analytical testing of drill core and project progress at its Redmoor tungsten-tin-copper project in Cornwall, being developed by wholly owned subsidiary, Cornwall Resources Ltd. Says 201 additional samples from CRD041 were sent to ALS Laboratories in Ireland, as part of CRL’s technical review process of the 2025 drilling programme that concluded with the 2026 Redmoor mineral resource estimate update. These additional results have identified tin-rich mineralised structures along with tungsten enriched structures, to the north of the Redmoor deposit and outside the currently modelled resource. Drilling of CRD043 has concluded, with the drillhole successfully intersecting the full extent of the Redmoor sheeted vein system and the identification of strongly mineralised vein structures containing tungsten, tin and copper respectively. Drillhole CRD044 is advancing to schedule. Planning permission for the expanded drill programme is well advanced, with all responses to statutory comments complete. Additional drill rigs are standing ready for mobilisation to site upon successful receipt of permissions. CRL Managing Director Dennis Rowland says: ‘The project stands ready for another step-change in activities following successful receipt of planning permission for the expansion of the drilling programme. With further rigs due to arrive immediately after permissions are granted, we aim to progress a large and ambitious drill programme on a scale previously unseen in Cornwall.’ ---------- Kelso Group Holdings PLC - London-based investor in UK listed companies - At Tuesday’s annual general meeting notes that in the five months ended May 31, Kelso’s net asset value per share increased by 35% to 3.0 pence, with pre-tax profit of more than £3 million on net assets of around £14 million. ‘We believe that the UK small and mid-cap market rally is finally emerging after more than four years in the doldrums, and we hope that this may provide a more supportive environment for growth and value creation over the coming years.’ Kelso believes that ‘each of our investments is materially undervalued, and Kelso’s model is to work constructively with management teams and shareholders to help unlock this trapped value.’ Notes two investments Filtronic PLC and TheWorks.co.uk PLC have doubled and believes that ‘several other investments in the portfolio also have the potential to double in value.’ ---------- Galantas Gold Corp - mining and exploration company, focused on producing gold and copper from its assets in Northern Ireland and Chile - Completes the previously announced acquisition of Sol de Oro Mining Ltd. Galantas also assumes certain obligations to the former shareholders of Compania Minera e Inmobiliaria Dragones SpA, pursuant to a share purchase agreement between Galantas and Robert Sedgemore dated January. Under the deal, Galantas gains a 100% ownership interest in the Andacollo Oro project in central Chile. Chief Executive Mario Stifano says: ‘The acquisition of Andacollo Gold which hosts a substantial open pit gold resource, marks a transformative milestone for Galantas. We are already rapidly advancing the restart of operations and build out of our operational workforce in Chile with the clear objective of starting gold production in 2027. We plan to commence an aggressive drill program to specifically target higher-grade gold potential at El Sauce and Toro, while also evaluating the broader copper potential at Andacollo Gold.’ ---------- Ondo InsurTech PLC - claims prevention technology company for home insurers - Raises £2.9 million via ‘significantly oversubscribed’ placing with existing and new institutional and other investors at 3.0 pence per share. Also launches retail offer of around 9.7 million shares at the same price. ---------- Windar Photonics PLC - London-based wind energy technology, including turbine performance optimisation - In the five months ended May says revenue totalled €162,000, with gross cash as at May 31 €85,000, down from €4.0 million at the of 2025, and inventory available for sale €3.7 million, down from €4.0 million at the end of 2025. At the end of 2025, in anticipation of increased orders, the company invested in holding significantly higher inventory, but due to issues in China and delays to other expected orders these inventory levels are excessive and will reduce as new orders are received. As a result of the above excess inventory, alongside delayed sales, the company requires a funding injection both for investment and development purposes but also for general working capital. After reviewing the pipeline of potential orders for FY26, the board has identified two major customer orders worth €6 million, which were expected to be delivered in the second half of 2026, which are ‘now on hold but there is a fair possibility will not be awarded to Windar’. Accordingly, Windar now expects revenue of around €1.8 million for FY26, compared with previous guidance of €7.8 million. ‘Whilst recognising the current challenges facing Windar, in my opinion these are outweighed by the significant commercial opportunities available to the company,’ says Chief Executive Andreas Berg Nielson. ---------- Gunsynd PLC - investor in the natural resource sector - Notes the announcement made by Talon Resources PLC in relation to its admission to trading on AIM. Talon holds a 90% interest in Wedgetail Mining Corp, with the remaining 10% interest held by Gunsynd. Wedgetail is the registered holder of the mining claims comprising the Eagle Lake gold project. ‘It is pleasing to see Talon Resources complete its admission to AIM which should allow Eagle Lake to progress, particularly given its drill ready status. We look forward to further updates in the coming weeks and months,’ says Gunsynd Executive Chair Hamish Harris. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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