Hellenic Dynamics, Argo Blockchain, Endeavor Mining, COPL and more

Hellenic Dynamics, Argo Blockchain, Endeavor Mining, COPL and more

Invinity Energy Systems PLC (AIM:IES) has announced the sale of a 0.4 MWh vanadium flow battery to Absolute Solar and Wind Limited (ASAW) for installation as part of an integrated solar PV and Electric Vehicle (EV) project at The Wave, Bristol, Britain’s first inland surfing destination.

The project, which is being delivered by ASAW on site in Bristol, will connect two Invinity VS3 vanadium flow batteries with a capacity of 0.4 MWh to approximately 3 MWp of solar PV on site. Invinity’s batteries will be used to store and discharge clean, renewable solar energy on demand to help meet site load and support the integration of on-site EV charging infrastructure that attracts thousands of visitors each year.

Getech Group PLC (AIM:GTC) shares opened Monday on a high, rising around 15%, after its after-hours update for the 12 months ended December 31, 2022 highlighted double-digit revenue growth.

Coming in at £5m, this year’s revenue figure exceeded market expectations, the company said in a statement.

Oxford Cannabinoid Technologies Holdings PLC’s (LSE:OCTP, OTCQB:OCTHF) interim CEO said the company has made good progress over the past six months and has “laid the foundations for an exciting 2023”.

“This has been a busy and pivotal period for the company and we are pleased with the progress,” said Clarissa Sowemimo-Coker.

ECR Minerals PLC (AIM:ECR) has announced results from drilling at the Blue Moon gold prospect, part of the Bailieston project in Victoria, Australia.

The western extension to Blue Moon is currently being tested, and two more holes are currently underway in the same area.

Hydrogen Utopia International PLC (LSE:HUI, AQSE:HUI, OTCQB:HUIPF) (HUI) said its wholly owned Polish subsidiary, Hydropolis United sp zoo has signed a letter of intent (LOI) with the city of Walbrzych in southwest Poland, to develop a HUI – facilities in the municipality, subject to a formal contract.

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Hydropolis and the city of the Lower Silesian Voivodeship have agreed under the LOI to start the preparation of the necessary technical, environmental and legal documentation to facilitate the planning and permitting of a HUI facility in the municipality of Walbrzych for the treatment of mixed plastic waste.

KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) said all leading contractors and equity investments had confirmed their intention to sign the financing plan to build the Tulu Kapi gold mine in Ethiopia.

Almost all government agencies have also given similar confirmation, KEFI reported in a statement, while lenders in the consortium have confirmed the financing plan in principle and have formally set their indicative terms and conditions, which include approval from Ethiopian authorities.

Blencowe Resources PLC (LSE:BRES) said it has engaged leading engineering firm CPC Engineering to lead, deliver and sign off the Definitive Feasibility Study (DFS) for the Orom-Cross graphite oroject in Uganda.

In a statement, Cameron Pearce, executive chairman of Blencowe, commented: “We are delighted to add another high-quality partner to the Orom-Cross project. CPC has a very impressive track record in the graphite market and we are now able to leverage their skills , experience and relationships to ensure we deliver a first class DFS.”

Oriole Resources PLC (AIM:ORR) said it has sent its condolences to the family of Gabriel Dodo Ndoke, Cameroon’s Minister of Mines, Industry and Technological Development, who died suddenly in the early hours of Saturday morning.

“We are deeply saddened to learn that the Minister of Mines, Gabriel Dodo Ndoke, passed away at the weekend,” Orioles chief executive Tim Livesy said in a statement.

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Andrada Mining Ltd (AIM:ATM, OTC:AFTTF) has released details of a new tin resource for 11 historically mined pegmatite orebodies located close to the actively mined V1/V2 pegmatite at the Uis mine in Namibia.

These 11 pegmatites have been collectively called the proximal pegmatites and are located within a radius of three kilometers from the existing processing plant.

Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) has told investors it is back in compliance with Nasdaq’s minimum bid price rule.

The cryptominer said in a statement that it had received a letter from the Listing Eligibility Department of the Nasdaq Stock Market informing the company that it has regained compliance with Nasdaq’s listing rules, and it now considers the matter closed.

Primary Health Properties PLC (LSE:PHP, OTC:PHPRF) (PHP) has acquired Axis Technical Services Limited, an Irish property management business, with an agreement to develop sites in Ireland signed with related company Axis Health Care.

Axis currently manages a portfolio of over 30 properties, including the majority of PHP’s Irish portfolio, and has developed five properties in the last five years which have been acquired by the FTSE 250 group.

Endeavor Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) said it produced 355,000 ounces of gold in the fourth quarter of 2022, up 4% from the third quarter.

All-in sustaining costs remained roughly at around $954 per ounce.

Canadian Overseas Petroleum Limited (LSE:COPL, CSE:XOP) has announced first oil production from the Frontier 1 sands at the Cole Creek unit in Wyoming.

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COPL said it is the first successful Frontier 1 completion at Cole Creek since it was originally identified as a prospect in 1943.

Medical cannabis grower Hellenic Dynamics Plc (LSE:HELD) has reported “good progress” since its December 2022 initial public offering (IPO) and says it is on track for its first crop in the middle of this year.

The company, which is specifically focused on growing and supplying tetrahydrocannabinol (THC) dominant strains of medicinal cannabis flowers, is the first of its kind to be listed on the London Stock Exchange’s main market.

Redx Pharma PLC (AIM:REDX) told investors it will present at the second annual Wnt & β-Catenin Pathway Targeted Drug Development Summit in Boston this week.

Dr. Simon Woodcock, Vice President, Oncology, gives a presentation on Thursday where he discusses the challenges of genetic selection in defined patient populations and how this relates directly to Wnt/β-Catenin Biomarkers in patient selection for clinical trials of targeted therapies, such as Redx’s RXC004 (a clinical stage, highly potent and selective, orally active Porcupine inhibitor).

Cornerstone FS PLC (AIM:CSFS) informed investors that a number of its directors bought shares in the company (223,500 in total) on 20 January.

Franchise Brands PLC (AIM:FRAN) said it has written to all shareholders of record today regarding its intention to adopt electronic communication methods for future shareholder documents.

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