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Pebble Beach Systems proposes capital reduction to create distributable reserves

Pebble Beach Systems Group will cancel its share premium and reduce the nominal value of its shares to convert historic deficits into distributable reserves, enabling the board to consider future dividends or buybacks subject to shareholder and court approval.
The image showcases a geological analysis workspace featuring drill core samples laid out in a tray, alongside geological maps on a wooden desk. A laptop displays a digital representation of geological data, indicating ongoing analysis in a mining context.

Mila Resources reports high-grade Yarrol gold intercepts and moves to pre-resource evaluation

Assays from the 12-hole RC programme returned multiple high-grade and wide gold intercepts and the company has started pre-resource modelling ahead of an initial Mineral Resource Estimate and preliminary economic work.
The image depicts a large-scale offshore wind farm with a prominent turbine in the foreground, featuring a monopile foundation rising above the grey-green sea. A series of turbines extends into the distance, creating a sense of depth as they fade into a soft atmospheric haze, all captured under cool marine daylight.

Gresham House completes sale of 25% stakes in three BESS projects to Summit Transition Partners

Gresham House described the partnership as an endorsement of its platform and track record and as a means to accelerate deployment and financing of its UK and international BESS pipeline.
The image features a close-up view of a Bitcoin cryptocurrency coin, showcasing its intricate design and distinctive 'B' logo. The coin is presented against a dark, reflective surface, enhancing its details.

The Smarter Web Company places 502,250 shares for £145,670

The Smarter Web Company placed 502,250 shares under the Subscription Agreement announced on 24 December 2025, raising gross proceeds of £145,670.
The image depicts a large-scale offshore wind farm with a prominent turbine in the foreground, featuring a monopile foundation rising above the grey-green sea. A series of turbines extends into the distance, creating a sense of depth as they fade into a soft atmospheric haze, all captured under cool marine daylight.

Powerhouse Energy to receive £225k from Horizon Europe circular-economy project

The consortium brings together 14 partners across nine countries and includes universities
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MTI Wireless Edge doubles Israeli defence order to US$4.5m

"We continue to see more opportunities in the defence market and demand for our range of defence related products," Moni Borovitz, MTI's CEO, said.
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Premier African Minerals starts flotation of ROM ore at Zulu plant

"This is a very positive step in the re-start of Zulu," Graham Hill, managing director, said.
The image features a metallic square with the chemical symbol 'He', representing helium, illuminated by a beam of light against a dark background. This creates a striking visual of the element used in various scientific and industrial applications.

Helix Exploration to buy Treasure State Drilling for US$600,000 in shares to secure on-site rig

Helix Exploration will acquire 100% of Treasure State Drilling for US$600,000 paid entirely in new shares, gaining control of the Cardwell KB‑150 rig that drilled its Rudyard wells and removing future day rates and mobilisation costs.
The image shows large industrial storage tanks located in an oil and gas facility. Pipes and valves are prominently featured, indicating a complex network for transporting fluids.

Sterling Digital signs five-year gas purchase agreement to power West Texas mining site

Sterling Digital has agreed a five-year gas purchase deal that secures supply of up to 6,500 MMBtu per day and capacity to support about 25MW of bitcoin-mining power in West Texas.
The image depicts a silhouetted oil drilling rig against a sunset, highlighting the structure's intricate details and shadows. The warm orange and yellow hues of the sky create a dramatic backdrop, emphasizing the energy sector's operations.

Union Jack agrees secured £1m loan from Egdon secured on Wressle interests

Union Jack Oil has signed a 24-month, £1m secured facility with Egdon Resources U.K. to provide additional working capital.
A large yellow dump truck is navigating through a construction or mining site. The sky is filled with clouds, and the terrain appears to be dusty with earth being moved around.

Bradda Head subsidiary Zenolith joins US Defense Industrial Base Consortium

"Membership strengthens Bradda's alignment with U.S. efforts to secure domestic critical mineral supply chains and reduce reliance on foreign sources of strategic materials," Ian Stalker, Executive Chair, said.
The image shows a laboratory setting with a pipette transferring liquid into a multi-well plate. In the background, a laptop displays data and molecular structures, indicating a connection to scientific research and experimentation.

Aptamer Group launches Gates Foundation‑backed programme to build rapid folate test

"We look forward to collaborating with Imperial College London and the Gates Foundation on this critical initiative and aim to deliver a practical solution that can have a meaningful impact on maternal and child health worldwide," Dr Arron Tolley said.
The image depicts a two-person geology team working at a remote drill site in a high-altitude landscape. One geologist is examining rock samples in a core tray with a hand lens, while the other logs observations into a notebook amidst a backdrop of snow-dusted peaks and sparse brown grass.

Jangada Mines starts fully funded Phase 2 drilling at Molly Gold Project

"The recent drilling has already highlighted the potential of Molly 1 to materially increase its existing 130,000 oz Au JORC resource," said Chief Executive Paulo Misk.
The image depicts an active RC drilling operation in a semi-arid landscape. A truck-mounted drilling rig is situated on the left, while two geologists in high-visibility gear examine geological samples laid out in a neat row, showcasing the methodical nature of fieldwork in mineral exploration.

Cora Gold launches 12,000m Sanankoro resource growth drill programme

The company hopes to increase its resource base via the drill bit
The image depicts two people shaking hands in front of a large piece of rock or mineral, highlighting a gesture of agreement or partnership. One individual is wearing a watch, emphasizing a formal or professional context.

Forgent agrees five-month exclusive option to buy 80% of Mount Sholl for A$2.7m

Forgent has taken a binding exclusive option from Raiden Resources (ASX: RDN) and Pilbara Gold Corporate Pty to acquire 80% of the Mount Sholl nickel‑copper‑PGE project in Western Australia for A$2.7m, exercisable over five months.
A worker in winter attire inspects metal drill rods on a snowy site where drilling equipment is visible. Two other individuals in the background are operating machinery amidst a forested area.

Oriole Resources reports 27.20m at 1.69g/t from MB01-S step-out drilling

Oriole Resources completed a 10-hole, 2,476.80m step-out diamond drilling programme at the MB01-S deposit and reported a best intersection of 27.20m at 1.69g/t Au, with an updated JORC MRE for MB01-S expected in early Q3‑2026.
The image features a large piece of rock beside a gray square block embossed with the letter 'U', representing Uranium. The setting includes various small stone fragments scattered around, suggesting a geological or mineral context.

Neo Energy Metals suspends CFO and appoints interim financial lead

Neo Energy Metals has suspended chief financial officer De Wet Schutte pending an investigation and said Martin Westerman will oversee the company's financial function with immediate effect.
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The Premarket Brief: Seraphim Space to join FTSE 250 after £137m raise, Neo Energy CFO suspended, BRCK Group, Pensana, Mpac Group ...

A busy morning of corporate news spans index promotion, a senior executive suspension, M&A, and operational updates across the small-cap universe. Seraphim Space Investment Trust heads the agenda with a confirmed FTSE 250 entry date, while Neo Energy Metals disclosed the suspension of its CFO.
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Quantum Blockchain expects first Method C AI Oracle by end of June

Quantum Blockchain Technologies says its partner's Mining Development Kit is producing training-quality SHA-256 data and the company expects to generate the first Method C AI Oracle as early as the end of June.
An offshore oil rig stands prominently in the ocean against a clear sky. The structure features cranes and multiple platforms, indicating active extraction operations.

Pharos clears Egyptian receivables and restarts drilling

Pharos Energy says it has collected $12.6m in Egypt year-to-date, including $3.8m this week, settled contingent farm‑out payments and has spudded the first well of a six‑well programme as it commits $11m of capex.