Iofina secures second brine supply deal for IO#11
Iofina (LON:IOF) has agreed a second brine supply partnership for its IOsorb plant IO#11 in Central Oklahoma, a deal structured to lift crystalline iodine production by an estimated 45 to 65 tonnes per year. The agreement also provides funding for a dedicated pipeline to transport brine to the facility, removing a logistical constraint on throughput.
Touchstone launches equity raise to fund Caribbean drilling
Touchstone Exploration (LON:TXP) is seeking to raise between US$10 million and US$15 million through a new equity offering. The Caribbean-focused oil and gas company intends to deploy the proceeds across new well drilling, low-cost workovers on existing assets, and the reduction of aged payables on its balance sheet.
Raspberry Pi upgrades FY2026 outlook after strong first half
Raspberry Pi (LON:RPI) issued a positive trading update, saying first-half FY2026 profitability is materially ahead of the equivalent period last year. The board has upgraded its full-year guidance, now expecting FY2026 adjusted EBITDA to come in significantly ahead of current market expectations, a meaningful step up from prior consensus.
Resolute Mining cuts Syama outlook, guides to lower end of range
Resolute Mining (LON:RSG) warned that its Syama gold mine in Mali will produce approximately 30,000 ounces in the second quarter of 2026, well below the 40,000 to 45,000 ounces originally anticipated. As a result, Syama is now expected to deliver production around the lower end of the company's full-year guidance range of 195,000 to 210,000 ounces.
Bally's Intralot launches recommended £243 million all-share bid for evoke
Evoke (LON:EVOK) is the subject of a recommended acquisition by Bally's Intralot S.A., valuing the online gaming operator at approximately £243.1 million. The offer is structured as an all-share exchange at 0.537 new Intralot shares per evoke share, with a cash alternative of 52p per share available subject to a cap of £117.1 million.
FCA closes Revolution Beauty investigation with no action taken
Revolution Beauty Group (LON:REVB) confirmed that the Financial Conduct Authority has ceased its investigation into the company and will take no action against the group or its founders. Chairman Iain McDonald said the board was pleased to draw a line under the matter, which had been an overhang on the business since the accounting and governance issues that surfaced in 2022.
Apollo withdraws from Bodycote approach
Bodycote (LON:BOY) confirmed that funds managed by Apollo have decided not to make a firm offer for the thermal processing group, ending a period of takeover speculation. The Bodycote board used the announcement to reiterate its confidence in the standalone strategy and pointed to a positive start to trading in 2026.
ADM Energy lifts Vega Upstream stake to 25%
ADM Energy (LON:ADME) has increased its economic and asset interest in the Vega Upstream joint venture to 25% following a US$200,000 top-up payment, and has issued replacement warrants in connection with the transaction. The company also disclosed that the closing of its Midcon acquisition has been pushed back to 26 June.
