LSE Market News

Thor Mining Up After Issue of Equity

Nov 16 2011 @ 07:43
Thor Mining Plc (LSE:THR) released a statement on Wednesday announcing a successful raise of capital totalling £270,000.  Shares were up 17.9% to 1.15p at 10:51 am GMT. The capital was raised by placing 27,000,000 Ordinary shares to UK sophisticated clients at 1p per share. The placement of funds is scheduled to be completed by 29 […]
 

Game Group Shares Drop

Nov 16 2011 @ 07:12
In a press release on Wednesday, Game Group Plc (LSE:GMG) announced a significant reduction in profit, prompting a 38% drop in share price by the early afternoon. The Interim Management Statement indicated lower revenues year over year in all categories; software, hardware, pre-owned, and accessories. The company indicated that first week sales have remained high, […]
 

AEA Technology – Dramatic Drop After Press Release

Nov 16 2011 @ 05:24
AEA Technology Group Plc (LSE:AAT) announced in a statement on Wednesday that profits for the 2011-2012 financial year will be dramatically lower than expected and that their CEO, Andrew McCree will step down from his position immediately. AEA shares were down 84.8% to 0.3p at 11:58 am GMT following the poor news. Reasons for Profit […]
 

Yell Group Seeks to Re-negotiate Loan

Nov 15 2011 @ 08:09
Telephone directories business Yell Group (LSE:YELL) has officially announced it is seeking to re-negotiate its loan term.  The company behind the British Yellow Pages has been struggling under debts of £2.6bn after borrowing heavily to fund European expansion, while it has also faced stiff competition from Google. On November 8, it announced it was speaking […]
 

Beowulf Mining slumps to 52-week low

Nov 14 2011 @ 09:54
Following a JORC report Beowulf Mining’s (LSE:BEM) share value has fallen to a 52-week low of 17.25 during morning trading, compared to a 52-week high of 76.75. The maiden Joint Ore Reserves Committee (JORC) report on Beowulf’s Kallak North iron ore site cited deposits of 131.6 million tonnes grading 28 per cent iron. Combined with […]
 

Rumours of Potential Gulf Keystone Buyout Hit BBs

Nov 11 2011 @ 09:41
Gulf Keystone Petroleum (LSE:GKP) shares were up 15% by mid-morning on Friday following news that Exxon Mobil has signed contracts with Kurdistan to explore the region for oil in northern Iraq. GKP investors took to the bulletin boards on ADVFN with speculation over a possible Exxon takeover of the independent oil & gas company. Exxon […]
 

TXO Up after RNS Release

Nov 11 2011 @ 09:19
The board of TXO (LSE:TXO) announced on Friday that it has issued Convertible Loan Notes totalling £961,200 to high net worth individuals, directors, advisors, and institutional investors to settle outstanding fees. The notes are due for repayment by 30 April 2013 or may be converted wholly or partially into TXO ordinary shares at 0.75p per […]
 

Angle Plc Up 29% After News Release

Nov 11 2011 @ 08:58
In an RNS update on Friday, Angle Plc (LSE:AGL) announced that Parsortix Inc, its 90% owned subsidiary specializing in medical diagnostics, has confirmed that its cell separation device can capture prostate cancer cells. The technology has previously been proven to capture breast cancer cells and this discovery is another step in demonstrating that Parsortix separation […]
 

Premier Foods Up Six Days Straight

Nov 11 2011 @ 05:32
Premier Foods Plc (LSE:PFD) was up 32.5% in the early afternoon on Friday, ending the week with its sixth consecutive positive day. Favourable news about the company has been released consistently since the start of November, boosting investor confidence. Directorate Change On 1 November, Premier Foods announced a shift in the structure of their leadership […]
 

Caledonia Mining Strikes Gold With Q3 Profits

Nov 10 2011 @ 10:35
Canadian-based Caledonia Mining (LSE:CMCL), traded on the AIM, is up 40% in mid-morning trading following an announcement of positive third quarter results. Caledonia Mining focuses its exploration and operations on Africa, with a gold mine in Zimbabwe, two platinum-nickel exploration projects in South Africa, and a cobalt-copper exploration project in Zambia. Operational Highlights The...
 
 
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