Phoenix Copper (PXC), the AIM quoted, USA focused base and precious metals emerging producer and exploration company, announced that, further to announcements on 4 March 2024 and 12 June 2025, it has completed a restructuring of its short-term loan facility by way of an additional drawdown, extension and partial conversion. The Draw Down provides the Company with additional working capital whilst it completes its placement of US$75 million of corporate copper bonds, due between 2029 and 2033, further to the announcement of 12 June 2025.
Comment: The market was fretting somewhat regarding the outcome of the loan facility, which PXC has actually restructured in a very positive way. Positive enough for it to bide its time for an extended period if required, while it concludes the all important copper bond investment.
Galilieo Resources (GLR) said “Given various companies have developed new models and concepts in the general Kalahari Copperbelt, the Company made the decision to review again past exploration work undertaken over certain of its prospecting licences in the KCB. Re-logging and geochemical testing by the Company of earlier drill core and reverse circulation (“RC”) drill chips from its’ three priority 100% owned prospecting licences in the KCB has confirmed the presence of copper mineralisation and anomalism in several holes, not previously identified, coincident with soil anomalies in the vicinity of the main stratigraphic target horizon.”
Comment: The KCB is a serious world asset area, and obviously at a time when the importance of securing resource supplies at a time of tariffs is all the more important. GLR looks well positioned not only in the wake of the latest news, but strategically as well.
Oxford BioDynamics (OBD), a biotechnology company pioneering the use of 3D genomic biomarkers for clinical diagnostics, announced that it is collaborating with Google Cloud to support the development and deployment of OBD’s cutting-edge analytical framework on the cloud. Through this collaboration, Google Cloud will provide support via cloud computing, enabling OBD to scale its proprietary EpiSwitch® knowledge space and analytical tools and deliver high-throughput, AI-powered 3D genomic analytics.
Comment: Given how critical EpiSwitch® is to the fate of OBD, today’s announcement regarding Google Cloud enabling the company to get it over the line has understandably been welcomed by the market. Speculation regarding sales to the NHS and BUPA can only help the cause.
Guardian Metal Resources (GMET), a strategic development and mineral exploration company focused on tungsten in Nevada, USA, provide an update for the Pilot North Tungsten Project, located in the Walker Lane Mineral Belt, approximately 15km northwest of the Company’s Pilot Mountain Project in Nevada. Following the acquisition by direct claim staking of Pilot North, announced on 7 July 2025, an additional 42 Bureau of Land Management Lode Claims have now been staked, significantly expanding the overall footprint of the Project and bringing the total number of BLM mining claims to 101, covering an area of ~2,086 acres.
Comment: GMET has played a blinder since it came to market, and continues to finesse the good work done. Indeed, the £82m market cap seems rather tame in comparison to the level of achievement.
Nativo Resources (NTVO), a gold-focused mining company with interests in Peru, updated on corporate and operational progress in Peru. Nativo announced it has entered into an agreement to acquire the remaining 50% of Boku Resources SAC (“Boku”), its Peruvian joint venture company, in order to own 100% of Boku. NTVO said “Acquiring full control of Boku means Nativo can streamline its operations and opportunities in Peru. We are very pleased with this outcome and look forward to resuming gold mining activities soon.”
Comment: NTVO has been transformed of late in terms of share price and stock market perception, and seems to be keen to continue in this vein. It will be interesting to see whether the company can maintain this new found stock market love.
Winking Studios (WKS) one of the leading global AAA game art outsourcing studios and an established game development company, announced its unaudited results for the six-month period ended 30 June 2025. Strong growth in the Group’s revenue, gross profit and Adjusted EBITDA.Healthy balance sheet with cash and cash equivalents and bond investments of US$27.1 million and zero debt as at 30 June 2025 (31 December 2024: US$41.3 million and zero debt). Largest acquisition to date in Shanghai Mineloader Digital Technology Co., Ltd., one of Asia’s leading game art outsourcing and development studios, in April 2025.
Comment: It is always great to mention decent growth situations which almost no one has heard of, let alone knows the ticker code of. Perhaps it is a deliberate strategy that WKS would not like to be known as the strong, silent type.
Zenith Energy Ltd. (ZEN), the listed international energy production and development company, announced that its Chief Executive Officer & President, Mr. Andrea Cattaneo, has advised the Company that he has purchased a total of 650,000 common shares in the Capital of the Company of no par value at a total average price of NOK 0.5086 per Common Share.
Comment: We have had decent share purchases from the main two directors of ZEN. This may just to be to restore confidence after the recent share price fall. But it is difficult to shake the alternative theory that there is about to be a favourable twist in the multi-million Tunisian arbitration. Even if there is not around current share price levels the market has effectively factored in the worst.
Metals One (MET1), a minerals exploration and development company with key interests in uranium and gold projects, announced it has now executed a binding Sale and Purchase Agreement for the acquisition of 75% of two U.S. companies with mineral claims in Colorado and Utah from Thor Energy PLC (ASX/AIM: THR). The claims are Vanadium Kings, Radium Mountain and Wedding Bell which host uranium and vanadium mineralisation. MET1 said “These new Claims expand the Company’s footprint in the Uravan Mineral Belt, a geological area in southwestern Colorado and eastern Utah well known for significant uranium and vanadium deposits. We look forward to developing our exploration programmes for the Vanadium Kings, Radium Mountain and Wedding Bell projects as we position Metals One, among other commodities, as a leading AIM-listed play on early-stage uranium opportunities in the U.S.”
Comment: After peaking at 54.99p in May, which was a phenomenal rally, the shares are this month trying to regroup, so far successfully from the 4p zone. Arguably, near to this level there would appear to be little downside, given the current newsflow from ME1.
Andrada Mining Limited (ATM), a critical minerals producer with mining and exploration assets in Namibia, announce that further to its announcement of 26 June 2025 it has successfully closed the Subscription and the Placing, raising £4.5m.
Comment: Although it does not feel like it, shares of ATM are actually up 48% so far this year. Part of this is perhaps due to the appreciation of Tin and a recovery in sentiment towards Lithium. It would be good to think that the other part of the rise is due to more in the market appreciating the value proposition of the company as well.
Tekcapital Plc (TEK) the UK intellectual property investment group focused on creating valuable products that can improve people’s lives, is pleased to announce that its portfolio company Guident Corp. has signed an agreement with the City of Boca Raton, Florida, to deploy an autonomous shuttle-based public transportation service.
Comment: TEK always has the best photos in its RNS announcements.
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