Top 5 Most Read RNS's on Vox Markets for Tuesday 1st November 2022
Episode 994, Nov 01, 2022, 07:45 AM
Top 5 Most Read RNS's on Vox Markets for Tuesday 1st November 2022
5. N4 Pharma PLC - Patent filing update
Under the terms of the Patent Cooperation Treaty application process, in regards to Nuvec®, following feedback from an international patent search, the Company is now making enhancements to the claims of the applications in the territories in which it wishes to gain patent protection.
4. Westminster Group #WSG - Trading Update
The Board's current expectation is that 2022 revenue outturn will be approximately a third below market expectations, which is expected to deliver a loss before tax equivalent to approximately half of that reported in 2021.
3. Rambler Metals & Min #RMM - Rambler Provides an Update on Financial Position
As noted in the Company's announcement of 27 October 2022, the Company's first principal repayment was due to Newgen Resource on 31 October 2022. No payment of principal was made to Newgen on 31 October 2022 and therefore an event of default has occurred as defined in the Newgen loan agreement.
There can be no certainty at this stage that Newgen will agree to defer or reschedule the repayment of its loan or interest due on its loan, or the terms on which any deferral will be agreed. Accordingly, the Company's financial position remains uncertain.
2. Canadian O'Seas Petr #COPL - Operations and Corporate Objectives Update
The miscible flood at Barron Flats continues to exceed the Company's initial expectations thus resulting in a re-simulation of the field which is underway.
Flaring gas has commenced at Barron Flats with production from restricted wells being brought up incrementally post approval of the flaring permit on October 11. Oil production increases are expected as the process proceeds.
1. Quantum Blockchain Technologies Plc #QBT - Sipiem Court Ruling
A Venice Court has issued its final judgement in respect of the Company's claim and ordered the defendants to pay the company an aggregate amount of €6,188,974 .
5. N4 Pharma PLC - Patent filing update
Under the terms of the Patent Cooperation Treaty application process, in regards to Nuvec®, following feedback from an international patent search, the Company is now making enhancements to the claims of the applications in the territories in which it wishes to gain patent protection.
4. Westminster Group #WSG - Trading Update
The Board's current expectation is that 2022 revenue outturn will be approximately a third below market expectations, which is expected to deliver a loss before tax equivalent to approximately half of that reported in 2021.
3. Rambler Metals & Min #RMM - Rambler Provides an Update on Financial Position
As noted in the Company's announcement of 27 October 2022, the Company's first principal repayment was due to Newgen Resource on 31 October 2022. No payment of principal was made to Newgen on 31 October 2022 and therefore an event of default has occurred as defined in the Newgen loan agreement.
There can be no certainty at this stage that Newgen will agree to defer or reschedule the repayment of its loan or interest due on its loan, or the terms on which any deferral will be agreed. Accordingly, the Company's financial position remains uncertain.
2. Canadian O'Seas Petr #COPL - Operations and Corporate Objectives Update
The miscible flood at Barron Flats continues to exceed the Company's initial expectations thus resulting in a re-simulation of the field which is underway.
Flaring gas has commenced at Barron Flats with production from restricted wells being brought up incrementally post approval of the flaring permit on October 11. Oil production increases are expected as the process proceeds.
1. Quantum Blockchain Technologies Plc #QBT - Sipiem Court Ruling
A Venice Court has issued its final judgement in respect of the Company's claim and ordered the defendants to pay the company an aggregate amount of €6,188,974 .