Top 5 Most Read RNS's on Vox Markets for Monday 31st October 2022

Episode 991,   Oct 31, 2022, 07:55 AM

Top 5 Most Read RNS's on Vox Markets for Monday 31st October 2022

5. Valereum PLC - VLRM Approved to Acquire Gibraltar Stock Exchange

Valereum is pleased to announce that it has received consent from the Gibraltar Financial Services Commission to complete the acquisition of the Gibraltar Stock Exchange. This is subject only to conventional conditions pertaining to regulatory and working capital as required.

4. Chill Brands #CHLL - Trading Statement ahead of AGM

Highlights include Online sales of more than $10,000 made during seven days between 18 - 25 October 2022, Sustained rate of B2B orders placed directly by independent retail partners via Chill.com wholesale portal & Search engine optimisation, conversion rate optimisation, influencer, email and affiliate marketing campaigns underway.

3. Alien Metals Limited #UFO - Senior Management appointment for IOCA

Alien is delighted to announce the appointment of Troy Whittaker as Chief Executive Officer of its wholly owned subsidiary, Iron Ore Company of Australia.

Troy has held senior leadership roles with major global mining companies such as Fortescue Metals Group, Sirius Minerals PLC and Anglo American UK.

2. Contango Holdings #CGO - Oversubscribed Placing of £7,500,000

The oversubscribed Placing of £7,500,000 at 6p is with new and existing shareholders, to fund final capital expenditure and enable further expansion. Company now fully funded to first revenue from sale of coking coal under existing offtake.

1. Argo Blockchain #ARB - Strategy/Company/Ops Update

As previously disclosed, the Company signed a non-binding LOI with a strategic investor to raise approximately £24 million ($27 million) via a subscription for ordinary shares.

The Company no longer believes that this subscription will be consummated under the previously announced terms. Argo is continuing to explore other financing opportunities.

Should Argo be unsuccessful in completing any further financing, Argo would become cash flow negative in the near term and would need to curtail or cease operations.