Grit Investment Trust abandons Nabirm Global reverse takeover
Grit Investment Trust (GRIT) has terminated its planned reverse takeover of Nabirm Global. The trust remains suspended on the Official List while its board considers what comes next, with no alternative transaction yet identified.
Amcomri acquires Lancashire train repair specialist NTS
Amcomri Group (AMCO) extended its transport services footprint by acquiring North West Transport Supplies, a Lancashire-based train overhaul business, for initial cash consideration of £3m with up to £1m more deferred and contingent on performance. The shares edged up 1.4% to 145.0p on the news, reflecting steady market approval for the group's bolt-on acquisition strategy.
Kazera Global secures life-of-mine deal with Chinese zirconium giant
Kazera Global (KZG) jumped 10% to 1.32p after signing a life-of-mine production sharing agreement with a subsidiary of China's largest zirconium and titanium enterprise. The deal hands Kazera's South African heavy mineral sands project a fully funded development pathway, removing the financing uncertainty that had weighed on the stock.
Hostelworld reiterates full-year guidance as H1 revenue climbs 12%
Hostelworld Group (HSW) reported net revenue of €52.2m for the first half of 2026, a 12% advance driven by higher commission rates generated through its Elevate monetisation tool. The online hostel booking platform held its full-year outlook unchanged, with shares dipping a modest 0.62% to 109.3p, a muted reaction to what was broadly an in-line update.
capAI extends runway for three AI media platforms
capAI (CPAI) announced extensions to the option periods on three AI media platforms, giving each additional time to build a commercial user base before the company decides whether to exercise its options. Professor Ronjon Nag framed the move as a deliberate pause rather than a retreat, though the shares slipped 5.28% to 0.592p as investors weighed the delayed conversion timeline.
Verdant IMAP backs Hamak Gold's Akoko project with £200,000 investment
Hamak Gold (HAMA) secured a £200,000 subscription from Verdant IMAP into its Hamak Strategy vehicle, with Verdant also appointed exclusive arranger for project financing at the Akoko gold asset in southwest Ghana. The shares rose 3.89% to 0.6888p, reflecting the significance of bringing a specialist arranger alongside fresh capital at this stage of the project's development.
Jarvis Securities collects first deferred payment from Interactive Investor disposal
Jarvis Securities (JIM) received £1.03m from the staged proceeds of its retail brokerage disposal to Interactive Investor, with a final £1m instalment due in January 2027. The shares fell 5.88% to 8.0p, suggesting the market had already priced in the receipt and is now focused on what the group does with the remaining proceeds.
ECR Minerals maps 200-metre gold corridor at Butterfly Creek
ECR Minerals (ECR) identified a well-defined mineralised corridor extending approximately 200 metres at its Butterfly Creek target, with soil samples returning gold values of up to 3.51 grams per tonne. Chief Geologist Adam Jones described the corridor as a coherent structural target, and the shares responded with a 4% gain to 0.2288p.
RC Fornax wins Thales UK sonar and naval architecture framework
RC Fornax (RCFX) was selected by Thales UK to supply sonar and naval architecture engineering services under a three-year niche supplier framework, reviving a commercial relationship that once accounted for roughly 30% of the defence consultancy's revenue. The shares rose 2.85% to 6.325p on the contract win, which provides meaningful revenue visibility for the AIM-listed group.
Alien Metals JV confirms high-grade silver below Elizabeth Hill workings
Alien Metals (UFO) reported a new zone of mineralisation below the previously mined orebody at the Elizabeth Hill silver project in Western Australia, with drilling returning grades of up to 1,039g/t silver. The discovery, made through the joint venture, lifted the shares 4.86% to 0.097p and opens up a fresh exploration target beneath the existing mine footprint.
GSTechnologies takes stake in Singapore AI payments firm Sodales
GSTechnologies (GST) acquired a stake in Singapore-based AI firm Sodales, which operates across financial services payment and banking platforms. Chief Executive Jack Bai positioned the investment as a strategic move into AI-driven financial infrastructure, though the shares eased 2.27% to 0.5375p as the market awaited further detail on the financial terms and commercial timeline.
Xtract Resources begins copper-silver production at Zambia's Silverking project
Xtract Resources (XTR) commenced ore processing at its Silverking project in Zambia, feeding material through a flotation plant recently upgraded to a target throughput of 28 tonnes per hour. The production start marks a significant operational milestone for the AIM-listed miner, with shares holding at 1.2p.
Kendrick Resources uncovers high-grade rare earth breccia at Teufelskuppe
Kendrick Resources (KEN) announced the discovery of a high-grade rare earth breccia at its Teufelskuppe project, with Chairman Colin Bird noting the structure potentially provides surface access to material that could contribute meaningfully to the company's growing mineral resource. The shares fell 6.98% to 5.0p, a move that appeared to reflect broader profit-taking rather than any negative read on the discovery itself.
Bango's first-half cash earnings surpass full-year 2025 total
Bango (BGO) surged 13.22% to 65.1p, the standout performer of the session, after reporting that its cash earnings in the first six months of 2026 already exceeded the total for the whole of last year. Chief Executive Paul Larbey highlighted recurring revenue growth of 31% in the Subscriptions division and six new customer logos won in the period, underscoring the strength of the group's monetisation platform.
TruFin plans £80m shareholder return after Playstack disposal
TruFin (TRU) confirmed plans to return £80m to shareholders through a combination of a tender offer and dividend, funded by the £112.4m sale of gaming publisher Playstack completed last month. The shares were broadly flat at 133.2p, down just 0.22%, suggesting the return of capital had been well anticipated by the market.
Brooks Macdonald swings to net inflows as FUMA reaches £21.7bn
Brooks Macdonald Group (BRK) reported its strongest quarterly net inflows in three years, pushing funds under management and administration to £21.7bn. Chief Executive Andrea Montague described the fourth-quarter flows as a turning point, and the market agreed, shares rose 3.4% to 1,370p.
Avacta settles £3.67m convertible bond payment in cash
Avacta Group (AVCT) elected to settle a £3.67m convertible bond payment in cash rather than through share conversion, reducing the remaining principal balance on the instrument to £16.8m. The cash settlement avoids dilution for existing shareholders, and the shares were little changed at 69.8p, up 0.4%.
RC365 arranges $2m CEO-backed credit facility alongside placing
RC365 Holding (RCGH) secured a $2m unsecured credit facility provided by its own chief executive, alongside a placing, to extend the London-listed fintech's runway for platform development. The shares dipped 1.887% to 2.6p, with the CEO-sourced nature of the facility likely prompting some caution roughly governance optics.
Quantum Blockchain Technologies unveils learning-free Bitcoin mining method
Quantum Blockchain Technologies (QBT) published details of a new "learning-free" variant of its proprietary Bitcoin mining method, with CEO Francesco Gardin crediting the company's R&D team for tackling what he called one of the toughest problems in cryptography. The shares eased 2.78% to 0.35p as the market awaited evidence of real-world mining performance improvements.
ITM Power seals £46.5m government grant for hydrogen expansion
ITM Power (ITM) secured a £46.5m government grant, complementing the earlier strategic equity investment from Great British Energy and cementing the electrolyser manufacturer's position at the centre of the UK's hydrogen infrastructure build-out. Chief Executive Dennis Schulz described the combined support as a pivotal step, with shares rising 2.65% to 116.0p.
Falconedge reports strong June performance from Bitcoin yield strategy
Falconedge said its Bitcoin Yield Strategy delivered a strong June despite a challenging month for the underlying Bitcoin price, with CEO Roy Kashi framing the result as evidence that the strategy can generate returns independently of spot price direction. No share price data was available for the update.
Cornish Metals hits multiple tin intercepts in first Roskear drillhole
Cornish Metals reported multiple tin intercepts from the first hole of a two-hole surface drilling programme at the Roskear target within its South Crofty project, with several of the mineralised structures sitting outside the current mineral resource estimate. The results open the prospect of a resource expansion at one of the UK's most closely watched critical minerals projects.
Smith+Nephew's PICO 7 cited in first German single-use wound therapy consensus
Smith+Nephew backed the publication of Germany's first interdisciplinary expert consensus on single-use negative pressure wound therapy for closed surgical incisions, with its PICO 7 device identified as a targeted option within the new risk-based framework. The clinical endorsement strengthens the commercial positioning of PICO 7 in one of Europe's largest healthcare markets.
East Star Resources begins 5,000-metre drill programme at Verkhuba copper deposit
East Star Resources (EST) commenced drilling at its Verkhuba copper deposit, with a circa 5,000-metre programme designed to support resource conversion and inform mine planning. CEO Alex Walker noted the work would be carried out at no further cost to East Star, with shares at 4.65p.
First Tin identifies rare earth and technology metal mineralisation at Blatherarm
First Tin (1SN) returned elevated grades of heavy rare earth elements and technology metals from rock chip sampling at the newly named Blatherarm Prospect within its Taronga tenement package, alongside tin and tungsten. The multi-commodity discovery lifted the shares 6.33% to 10.37p, adding a rare earth dimension to what had previously been a pure tin-focused asset.
Rosebank Industries appoints Rachel Addison as independent non-executive director
Rosebank Industries (ROSE) added Rachel Addison to its board as independent non-executive director and Audit Committee Chair. Addison is a chartered accountant with experience across multiple board audit roles, and her appointment strengthens the governance framework of the acquisitions-focused group as it continues to build out its portfolio.
