Aura Energy signs nuclear utility MOU for Tiris uranium project
Aura Energy (AIM:AURA) signed a strategic non-binding memorandum of understanding with a major international nuclear power company, targeting funding, offtake and technical collaboration for its Tiris uranium project in Mauritania. The agreement sets a Final Investment Decision target of year-end 2026, marking a material step toward project financing for an asset that has been advancing through feasibility. The shares rose 20% to 7.5p on the announcement.
Itaconix forecasts record first half after strong FY2025
Itaconix (AIM:ITX) issued a trading update confirming performance in line with board expectations and guiding that the first half of FY2026 is on track to be another record period for the business. The specialty polymer company has built consecutive record periods and the latest guidance reinforces the growth trajectory management has been communicating to the market. The shares added 7.83% to 124.0p.
Sabien to settle directors' pay in shares and clear related-party debt
Sabien Technology Group (AIM:SNT) announced it will issue shares to settle accrued directors' remuneration and broker fees following receipt of £213,708 from subsidiary b.grn. A substantial portion of the cash, £127,500, will be used to repay an amount owed to Parris Group, a related party, by 30 June. The restructuring of the balance sheet through share issuance rather than cash outflow preserves liquidity while reducing the overhang of accrued obligations. The stock jumped 20% to 4.5p.
Time Out sells Spanish media arm to RBA in franchise partnership
Time Out Group (AIM:TMO) agreed a long-term franchise partnership with Spanish publisher RBA, under which RBA acquires Time Out (LSE:TMO)'s media operations in Spain and will pay Time Out an ongoing franchise fee. The group's Time Out Market operations in Spain are unaffected and remain within the group. The transaction continues Time Out's strategy of converting owned media assets into capital-light franchise arrangements. Shares were quoted at 7.25p.
Central Asia Metals to acquire Cygnus for A$232m and enter Quebec
Central Asia Metals (AIM:CAML) announced a binding agreement to acquire Cygnus Metals for A$232m, adding the Chibougamau copper-gold project in Quebec to its portfolio alongside existing operations in Kazakhstan and North Macedonia. Chair Nick Clarke described the deal as a compelling opportunity to add a high-grade copper-gold asset that fits well alongside the group's existing producing mines. The shares edged up 0.9% to 157.4p.
ValiRx declines Stingray Bio licence after in-silico evaluation
ValiRx (AIM:VAL) completed its in-silico evaluation of Stingray Bio's asset portfolio and elected not to exercise its option to licence the technology, concluding that further optimisation is required before any candidate could reach development stage. The decision closes out the evaluation process without additional capital commitment. The shares slipped 2.56% to 0.19p.
Quantum Helium advances to fracture stimulation at Sagebrush-1
Quantum Helium (AIM:QHE) confirmed it will proceed to a larger fracture stimulation programme at its Sagebrush-1 well, with data collected to date supporting improved communication with the broader Leadville reservoir. CEO Howard McLaughlin said the stimulation is designed to provide a more meaningful assessment of production potential. The shares fell 11.84% to 0.0275p.
GoldStone finds visible coarse gold during Sierra Leone wash-plant commissioning
Goldstone Resources (AIM:GRL) reported the identification of visible coarse gold during commissioning of a newly installed wash plant at MinCorp SL, the Sierra Leone venture in which GoldStone holds a 50% equity interest. The discovery during commissioning rather than formal production provides early encouragement for the project's grade profile. The shares rose 11.11% to 0.75p.
Verici Dx study quantifies $191m US savings potential for PTRA test
Verici Dx (AIM:VRCI) published a health economic analysis in a peer-reviewed journal estimating that its Pre-Transplant Risk Assessment test could deliver more than $191m in healthcare savings across the US standard-risk kidney transplant population. The analysis provides a commercial framework for reimbursement discussions and positions the PTRA test as a cost-reducing tool for payers and transplant centres. The shares eased 5.88% to 0.4p.
Helix Exploration finds deep noble-gas signature at Rudyard
Helix Exploration (AIM:HEX) received independent isotope test results from its Rudyard project in Montana showing a crust-dominant helium mix with a mantle component, an unusually high concentration of helium-3 in the production stream, and argon ratios consistent with a potential underground argon source. Confirmation of the 39Ar component remains pending. The results reinforce the geological case for a deep, continuously replenishing noble-gas system at the project. The shares gained 9.42% to 39.5p.
Panther Metals intersects sulphides with nickel and cobalt at Obonga
Panther Metals (AIM:PALM) reported that initial drilling at the Awkward Conduit target within its Obonga Project in Canada intersected broad intervals of disseminated and veined sulphides carrying elevated nickel and cobalt readings. The intersection at the first drill holes represents an early confirmation of the target model at a project the company has been advancing toward systematic drill testing. The shares added 4.44% to 141.0p.
Inspiration Healthcare hands UK infusion distribution back to Micrel
Inspiration Healthcare Group (AIM:IHC) announced it will transfer exclusive UK distribution of Micrel ambulatory infusion pumps and consumables back to Micrel. The line generated £9.7m of revenue with an approximate 25% contribution margin in the year to 31 January, making it a meaningful revenue item to exit. The company did not provide a replacement revenue source in the announcement. The shares fell 3.91% to 27.0p.
Likewise Group's investment plan keeps £250m sales target in sight
Likewise Group (AIM:LIKE) reported like-for-like revenue growth of 16.5% year to date to 31 May and said capacity investments leave the floorcoverings distributor positioned to materially exceed its £250m sales target. The board expressed confidence in meeting market expectations for the full year to 31 December. The shares rose 3.05% to 27.0p.
Pulsar Helium confirms helium-3 and advances toward production readiness
Pulsar Helium (AIM:PLSR) reported that independent US federal laboratories confirmed the presence of helium-3 in Topaz gas samples during the second quarter, while recent drilling encountered high-pressure gas as the project advances toward production readiness. CEO Thomas Abraham-James positioned the company as well-placed to serve as a potential domestic US helium supplier. The shares dipped 3.93% to 1.71p.
Strategic Minerals advances Redmoor prefeasibility with $10.76m in cash
Strategic Minerals (AIM:SML) reported a cash balance of $10.76m and confirmed that successful resource infill drilling at its Redmoor Tungsten-Tin-Copper Project is advancing the prefeasibility programme. The timetable for the sale of the Leigh Creek asset has been extended to 31 August. The shares eased 1.68% to 4.8666p.
GEO Exploration completes airborne survey at Gorge Project ahead of schedule
GEO Exploration (AIM:GEO) completed a fixed-wing magnetic and radiometric survey over its Gorge Project in Western Australia ahead of schedule. The data will be used to refine structural interpretation and prioritise drill and geochemical targets across the licence area. The shares added 2.76% to 0.149p.
Great Southern Copper starts scout drilling at Victoria porphyry prospect
Great Southern Copper (AIM:GSCU) commenced scout reverse-circulation drilling at the Victoria porphyry prospect within its Especularita project in Chile, with up to four holes planned to test both high-grade breccia-vein and disseminated copper-gold-silver mineralisation. The programme represents the first drill test of a target the company has been building toward through surface work. The shares rose 11.54% to 2.9p.
Fulcrum Metals defines 2km gold target at Big Bear after soil sampling
Fulcrum Metals (AIM:FMET) reported soil sampling results from its Big Bear project in Canada that returned a peak of 1,460 ppb (1.46g/t) Au and outlined a regional 2km by 2km anomaly sitting inside a broader 3km gold corridor. Multiple permitted, drill-ready targets have been identified within the anomaly. The shares gained 1.67% to 9.15p.
Pantheon Resources presents to Alaska House Finance Committee
Pantheon Resources (AIM:PANR) appeared before the Alaska House Finance Committee alongside major oil companies as the legislature met with the industry. The appearance provides Pantheon with visibility at a state government level as it advances its Alaskan oil development programme. The shares slipped 1.08% to 14.59p.
