Lift Global Ventures (AQSE:LFT), an investment company focused on financial media, technology and the energy sector, updated on its investment portfolio company, Trans-Africa Energy Limited (“TAE”). TAE is focused on developing energy infrastructure projects located primarily in Sub-Saharan Africa, the first of which is in Ghana. Further to its announcement on 30 May 2025, TAE has been further informed by a Southern African state investor, in relation to an investment into TAE (“Investor”), that the Investor has confirmed that their internal due diligence has been finalised and TAE is now awaiting the completion of subscription agreements. The parties are seeking closure on or before 31 July 2025. In support of TAE’s efforts to finalise the investment the Company has agreed to extend the Redemption Date from 30 June 2025 to 31 July 2025.
One Friday afternoon Xtract Resources (XTR) announced its audited financial results for the 12 months ended 31 December 2024. The 2024 Audited Annual Report and Accounts are in the process of being posted to shareholders and will be available together with this announcement on the Company’s website www.xtractresources.com.
Comment: The main message going forward for XTR is that it is going copper crazy, with the assumption that a bump in the price here will significant boost the projects it holds which are exposed to the green metal.
Phoenix Digital Assets (AQSE: PNIX), announced its audited results for the 12 months ended 31 December 2024. PNIX said “It is hard to believe but this period has been even more successful than 2023. Our post-tax profit rose to £19.7m (2023: £17.6m) an increase of over £2.1m year-on-year. The Company had a net asset value of £29.1m at 31 December 2024.”
Comment: While there have been lots of upstart newcomers to the digital space in the recent past, PNIX is a contender which has already proved itself to be above the clouds as far as its performance.
Georgina Energy (GEX) announced the publication of its audited results for the year ended 31 January 2025. A copy of the full annual report and accounts can be found on the Company’s website at www.georginaenergy.com. GEX said “We are pleased to publish the audited FY 2025 and now look forward to lifting the suspension of trading subject to FCA approval in the forthcoming days. Whilst we understand the frustration of the recent suspension, Georgina continues to focus on multiple workstreams to fulfil obligations for the Hussar drilling permit approval and completion of the Mt Winter acquisition along with preparing the re-entry plans for Mt Winter. We look forward to providing further updates in relation to our efforts and would like to thank shareholders for their patience and support.”
Comment: Given all the mudslinging the company has been subject to, and come out the other side from, we can look forward to normal service once the shares come back from suspension.
Vaultz Capital plc (AQSE:V3TC), a digital asset operating company, announced a purchase of Bitcoin as part of its long-term Bitcoin treasury policy. Purchase Summary: Bitcoin Purchased: 40. Average Purchase Price: £80,788 per Bitcoin (approximately $107,995). Total Consideration: £3,231,525.
Comment: It is a chunky BTC purchase from V3TC, the aftermath of which will show whether the recent pullback in BTC Treasury Strategy stocks is an overdone move for market makers to get back on side / profit taking, or an opportunity to buy the dip.
Tiger Royalties and Investments (TIR), an investment vehicle focused on incubating high-growth technology and mining ventures, provided an operational update on its Bittensor-based infrastructure and strategic developments. The Tiger Alpha Subnet (the “Tiger Subnet”), which was acquired on 15 May 2025, has seen significant performance growth. The subnet is now emitting over 20.75 TAO, the native token of the Bittensor network, per day-representing more than USD $7,055 in daily revenue and an annualised run rate exceeding USD $2.56 million. This marks a substantial increase from the Company’s previous update on 18 June 2025.
Comment: After the initial gold rush it will be worth seeing which of the crypto investment vehicles proves itself to be the winning horse. With the TAO angle it would appear that TIR looks to be one of the leaders of an expanding group of contenders.
Cobra (COBR), the mineral exploration and development company advancing a potentially world-class ionic Heavy Rare Earth Element discovery at its Boland Project in South Australia, announced it has entered into a binding conditional sale agreement with Barton Gold Holdings Ltd (ASX: BDG) to sell and advance the Wudinna Gold Assets in return for cash payments and ASX listed ordinary shares in Barton Gold of up to A$15 million. The Transaction is subject to Cobra shareholder approval.
Comment: It seems a canny move for COBR to divest itself of a non rare earth asset, given how hot the space currently is, and how it can get top dollar for its gold holding.
TEAM (TEAM), the wealth, asset management and complementary financial services group, announced its interim results for the six months to 31 March 2025. HY 25 Financial Highlights: Revenues increased to £5.8m (HY 24: £4.1m): Total client assets increased to £1.112bn (HY 24: £0.9bn).
Comment: It has not exactly been an easy time for wealth managers of all shapes and sizes, and therefore for TEAM to post such a strong update at this time is certainly noteworthy.
Polar Capital (PCFT) announced its Audited Results for the year ended 31 March 2025. The company said “Despite market volatility, we had a positive financial year with average AuM increasing by 17%, core operating profit growing by 27%, and we attracted positive net inflows into key strategies – underscoring the resilience of our model and the strength of client relationships.”
Comment: As in the case of TEAM, one can say that if coming into H2 2025, it has been on the front foot, one would expect even greater things in coming months.
Incanthera (AQSE:INC), the company focused on innovative technologies in dermatology and oncology announced the completion of a subscription with new and existing investors participating raising in aggregate approximately £508,000. Skin + CELL launching in Q3 2025, via a traditional and digital marketing strategy, executed by influencer and brand ambassador campaigns, with sales satisfied through a dedicated Skin + CELL e-commerce website, designed to market the full product range, and to receive sales orders.
Comment: Not sure many who knew there was a debt to pay at INC, albeit a small one. Nevertheless, I am happy to step forward as an influencer and brand ambassador for the company given that the shares appear to be at the ground floor.
CleanTech Lithium (CTL), an exploration and development company focused on advancing sustainable lithium projects in Chile, provides an update on its application for a Special Lithium Operating Contract (“CEOL”) for its Laguna Verde project. The Company has been informed by the Ministry of Mines in Chile that its appeal to enter the streamlined process has not been accepted. CTL also announced it has agreed a short-term extension to the Loan Notes details of which were first announced on 1 July 2024.
Comment: The government of Chile appears to be treating CTL as many governments in developing countries treat companies from first world countries have a prize asset, i.e. they want it for themselves.
ACG (ACG) announced the appointment of Peter Carter as its Chief Operating Officer. Mr Carter brings over 40 years’ experience in mine engineering, operations management and project development. He will play a key role as ACG advances its copper growth strategy, leading operations for ACG globally, starting with the Gediktepe Mine and working closely with the senior management team to deliver on the Company’s acquisition plans.
Comment: We can expect under the radar ACG to consolidate its position as a genuine mid tier mining play in waiting, with the latest COO appointment. The key here remains the strong cash position, something which is very much under-appreciated.
Audioboom (BOOM), the leading global podcast company, said it will today issue and post to its registered shareholders its Annual Report and Accounts for the year ended 31 December 2024 and a notice convening the Company’s 2025 Annual General Meeting (“AGM”). These documents will shortly be available for viewing on the Company’s website (www.audioboomplc.com).
Comment: BOOM still gives the impression of a company running fast just to stand still. We are still waiting for the share price to rally properly / the pesky seller to leave, and proper, chunky profits to appear.
EnergyPathways (EPP), an energy transition company, announced the publication of its Annual Results for the year ended 31 December 2024. Period Highlights: New Labour Government confirms its commitment to ambitious energy transition targets. Roll out of strategy to develop MESH, to be the UK’s largest integrated energy storage facility with total storage capacity of up to 20 TWh. MESH is to encompass gas storage, compressed air storage and hydrogen storage technologies to harness excess wind power to produce flexible dispatchable low carbon electricity at scale.
Comment: EPP remains an excellent concept. However, the new Labour government has proved itself to be as reliable as an Austin Allegro, is running out of cash, no one wants Net Zero, and no one likes Ed Milliband.
Metals One (MET1), a minerals exploration and development company, announced its results for the year ended 31 December 2024. Metals One said it is utilising new funding closed in April 2025 to rapidly expand its project portfolio and commodity exposure, with a particular focus on copper, nickel, cobalt, zinc, uranium, vanadium, gold, and platinum group elements (“PGE”).
Comment: MET1 was one of the first taxis off the rank for 2025, and despite the pullback from the multi-bagger share price rise, looks more than capable of repeating the move over the rest of the year given the moves into multi-commodities.
Fulcrum Metals (FMET), a technology led company focused on the recovery of precious metals from mine tailings in Canada, announced final results for the year ended 31 December 2024. FMET said “Our collaboration with Extrakt has been a key focus, and we are very pleased with the early success of the cyanide free leaching technology when applied to our Sylvanite and Teck-Hughes sites. Initial test work has shown significant improvements in gold recovery rates and a dramatic reduction in leaching times. Post-period we were delighted to announce the signing of our Master Licencing Agreement which cements our partnership with Extrakt and opens exciting long-term opportunities across more than 70 legacy mine sites throughout the Timmins and Kirkland Lake regions.”
Comment: FMET held a very well received investor presentation for the great and good of the City, as well as myself, last week. The company is rightly enthusiastic about the Extrakt collaboration, something which the market has so far underestimated.
Catenai (CTAI), the AIM quoted provider of digital media and technology, announced its full year audited results for the year ended 31 December 2024. CTAI said “The Company’s balance sheet is the strongest it has been for many years following its recent fundraise. The Company has an investment in Alludium which the directors believe has huge potential. The Company is in an exciting period as we adopt a BTC and Tao Treasury.”
Comment: With the BTC move under its belt, it looks as though the focus can be directed towards Alludium, although the forthcoming Klarian repayment will do very nicely as far as funding the company’s new investment strategy.
Roadside, (ROAD) the roadside real estate business, announced its unaudited interim results for the six-month period to 31 March 2025. ROAD said “We believe that active management of operational real estate can generate significantly higher returns for investors, whilst retaining the benefits of commercial property ownership. We are actively pursuing this strategy and have identified several substantial acquisition opportunities in the Roadside space, particularly around energy transition, convenience retail and evolving consumer demands. As we announced last week the potential to realise a minimum of £48 million from our investment in Cambridge Sleep Sciences will provide us with the financial strength and flexibility to accelerate our strategic focus.”
Comment: One of the best stock market performers of 2024, which off the back of the CCS cash, as well as the share buyback announcement, has a great chance of being one of 2025’s big winners as well.
Aptamer Group (APTA), the leading developer of next-generation synthetic binders said that among its proprietary development projects, the liver fibrosis program represents a key focus, leveraging the Company’s innovative Optimer® platform to address critical unmet medical needs. The Optimer® acts like a ‘magic bullet’, targeting a protein in scarred livers to deliver a gene therapy medicine, called siRNA, directly to HSCs. This siRNA switches off signals that drive scarring, offering a potential new way to reduce or reverse the condition.
Comment: One would be quite sure that this RNS will have put off one or two people from having one for the road. Nevertheless, APTA is targeting a massive market, magic bullet or not.
Guardian Metal Resources (GMET), a strategic mineral exploration development company focused on tungsten in Nevada, USA, announced assay results from the Tempiute tungsten project and newly staked exploration targets. GMET said “Very high grade Tungsten and Gallium mineralisation confirmed across multiple high-impact project areas.
Comment: GMET seems to have proved up more targets than it has had hot dinners, and perhaps sooner rather than later it will be time to actually produce some of those critical metals the USA and the rest of us need.
Oxford BioDynamics (OBD), a precision clinical diagnostics company bringing specific and sensitive tests to the practice of medicine based on its EpiSwitch® 3D genomics platform, announced its interim results for the six-month period to 31 March 2025. OBD said “The bedrock for the commercial success of this business and the source of vital non-dilutive funding will be through “doing deals” and I am confident it is not a case of “if” but “when”.
Comment: A surprisingly frank commentary from the CEO, in terms of dealmaking, something which OBD needs, if only as proof of concept and to get the share price back above the 0.5p placing price.
Cel AI PLC (CLAI) announced that it has successfully raised gross proceeds of £10 million pursuant to a placing, conducted via an accelerated bookbuild process, and direct subscriptions, in each case at a price of 0.2p per share. The net proceeds of the Fundraising will be used to acquire BTC and fund ongoing operations, enhancing the Company’s capital allocation flexibility and providing a potential hedge against inflation, in line with the Company’s mission to integrate AI innovation with a robust Bitcoin treasury strategy.
Comment: What a great idea to raise £10m for a BTC strategy. I bet we all wished we had thought of that, and if we could have done it we would have.
Bezant Resources (BZT), the exploration and development company with projects located in Namibia and Botswana, and an investment in a project in the Philippines reports its audited full year results for the year ended 31 December 2024. BZT’s focus was on Hope & Gorob: “Hope and Gorob copper – gold Project will come into production against a strong copper price at the top end of the USD9,000s and possibly well above USD10,000 per tonne and an equally strong gold price which has been over US$3,000 per ounce for the last few weeks. We have made very good progress with the Project having secured in October 2024 a Letter of Preparedness from the recently renamed Ministry of Industries, Mines & Energy”
Comment: Although a sprawling business, it does seem fair to share the company’s enthusiasm for Hope & Gorob and its prospects for production. Also helping is the general consolidation of the BZT portfolio.
Power Metal Resources (POW) the London listed exploration company with a global project portfolio announces its consolidated audited results for the 15-month period ended 31 December 2024, for the Company and its subsidiaries. POW said “Despite the numerous headwinds facing the mineral resource sector in the period under review, ended 31 December 2024, our corporate and operational achievements have continued to demonstrate the strengths and versatility of our project incubator model, with exposure to multiple commodities and jurisdictions enabling crystallisation events and value realisation opportunities across the breadth of our portfolio.”
Comment: POW remains one of the unsung heroes of the London listed exploration space, especially in terms of valuation. That said, with more money coming into the market one would imagine that 2025 will be the year that the breakthrough comes in this respect.
