Top 5 Most Read RNS's on Vox Markets for Monday 20th February 2023
Episode 1194, Feb 20, 2023, 07:35 AM
Top 5 Most Read RNS's on Vox Markets for Monday 20th February 2023
5. Rambler Metals & Mining #RMM - Update on Gold Stream Repurchase Agreement
The Company entered into a gold streaming repurchase agreement with Sandstorm, pursuant to which the consideration for the repurchase was US$7m less payable gold delivered by the Company.
Rambler has delivered 192 ounces of gold, leaving 958 ounces of gold remaining to be delivered to complete the terms of the Agreement.
Rambler has 10 days, from 16 February 2023, to either deliver 958 ounces of gold or make a cash payment to Sandstorm of approximately CND 2.36 million. Sandstorm and Rambler intend to enter discussions regarding a solution to the default.
4. Tekcapital plc #TEK - Placing to raise £2.25 Million(C.US$2.7M)
Tekcapital announces that it has raised a total of £2.25 million (c.US$2.7m) at a price of 16 pence per share.
The net proceeds of the Placing will primarily be used to accelerate the growth of the Company's portfolio companies.
3. Serica Energy #SQZ - First production from Tailwind’s Gannet GE-04 well
Final commissioning of the Gannet GE-04 well has now been completed and production via the Triton FPSO has commenced.
The Gannet GE-04 well was drilled late in 2022 and completed in January 2023. The well results were above the pre-drill expectation and initial production rates have exceeded 10,000 barrels of oil per day.
2. Tirupati Graphite #TGR - TG Commences Production at 18,000tpa Plant
Tirupati Graphite announces that it has commenced production from the newly built 18,000 tons per annum flake graphite production facilities at its Sahamamy project in Madagascar.
The Company has thus reached a globally significant 30,000 tpa flake graphite capacity and is progressing towards a steady state >80% production in the near term.
1. Harland & Wolff #HARL - Contract wins
Harland & Wolff Group announces that it has secured six new smaller contracts within the defence, cruise & ferry and commercial fabrication markets.
These contracts, which have been entered into with various prime contractors and operators, are expected to be completed during the next 12-18 months and have an aggregate value in excess of £10 million.
5. Rambler Metals & Mining #RMM - Update on Gold Stream Repurchase Agreement
The Company entered into a gold streaming repurchase agreement with Sandstorm, pursuant to which the consideration for the repurchase was US$7m less payable gold delivered by the Company.
Rambler has delivered 192 ounces of gold, leaving 958 ounces of gold remaining to be delivered to complete the terms of the Agreement.
Rambler has 10 days, from 16 February 2023, to either deliver 958 ounces of gold or make a cash payment to Sandstorm of approximately CND 2.36 million. Sandstorm and Rambler intend to enter discussions regarding a solution to the default.
4. Tekcapital plc #TEK - Placing to raise £2.25 Million(C.US$2.7M)
Tekcapital announces that it has raised a total of £2.25 million (c.US$2.7m) at a price of 16 pence per share.
The net proceeds of the Placing will primarily be used to accelerate the growth of the Company's portfolio companies.
3. Serica Energy #SQZ - First production from Tailwind’s Gannet GE-04 well
Final commissioning of the Gannet GE-04 well has now been completed and production via the Triton FPSO has commenced.
The Gannet GE-04 well was drilled late in 2022 and completed in January 2023. The well results were above the pre-drill expectation and initial production rates have exceeded 10,000 barrels of oil per day.
2. Tirupati Graphite #TGR - TG Commences Production at 18,000tpa Plant
Tirupati Graphite announces that it has commenced production from the newly built 18,000 tons per annum flake graphite production facilities at its Sahamamy project in Madagascar.
The Company has thus reached a globally significant 30,000 tpa flake graphite capacity and is progressing towards a steady state >80% production in the near term.
1. Harland & Wolff #HARL - Contract wins
Harland & Wolff Group announces that it has secured six new smaller contracts within the defence, cruise & ferry and commercial fabrication markets.
These contracts, which have been entered into with various prime contractors and operators, are expected to be completed during the next 12-18 months and have an aggregate value in excess of £10 million.