The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
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Andrada Mining Ltd - technology metals mining company focused on Namibia - Reports results from its lithium & tantalum infill drilling programme at Uis mine. Intersects pegmatite in all holes at the depths and apparent widths predicted by the geological model. ‘We are pleased to announce these exploration drill results which are once again in line with our high expectations for the V1/V2 pegmatite ore body. The drill holes reported in this announcement are distributed over the strike of the pegmatite and are proof of the consistency of lithium, tin, and tantalum mineralisation. We are particularly encouraged by the lithium grades intersected in drill holes V1V2041 and V1V2056, up to 1.34% lithium oxide, which further demonstrate the unrealised potential of the V1/V2 orebody. We look forward to updating the Mineral Resource Estimate in support of our by-product development projects for tantalum and lithium,’ CEO Anthony Viljoen says.
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GSTechnologies Ltd - Milton Keynes, England-based fintech and information technology company - Signs a memorandum of understanding with Amaris AI Pte Ltd for the parties to explore collaboration opportunities and in particular to integrate Amaris’ technology to enhance GST’s GSMoney offerings.
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Tekcapital PLC - London-based intellectual property investor - Says US food retailer Giant Food of Maryland LLC agreed to partner with Microsalt Inc to provide low-sodium solutions for consumers and has agreed to carry MicroSalt’s to new saltshakers in its stores. ‘We are extremely excited that Giant has joined with us to provide low sodium solutions to its customers. This is a tremendous step in our march toward reducing excess sodium consumption. Our MicroSalt shakers empower consumers to salt their food to taste with less sodium,’ Chief Executive Rick Guiney says.
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De La Rue PLC - Basingstoke, England-based security printed products maker - Reports that Rob Harding will step down as chief financial officer and director to take on a new role as CFO for PayPoint PLC. ‘For the past three years, Rob has been a highly valued member of both the board and the executive leadership team and has been instrumental in the delivery of the Company’s ongoing transformation. On behalf of everyone at De La Rue, I would like to express my thanks to Rob for his contribution and wish him all the very best in his next role,’ Chief Executive Clive Vacher says.
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Corcel PLC - London-based mining and mineral resource development company - Says that its Chair James Parson elected that to receive his remuneration for the next four months in stock of the company, instead of drawing a monthly cash salary. Explains that it has agreed that his salary from February 2023 to May 2023 will be paid in the form of new ordinary shares in the company. Applies for the admission of 16.9 million shares to be admitted to trading on AIM. Expects it to occur on or around February 3.
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Integrated Diagnostics Holdings PLC - consumer healthcare firm with operations in Egypt, Jordan, Sudan, and Nigeria - Reports that it will no longer pursue the purchase of a 50% stake in Islamabad Diagnostic Center. Explains that it has notified Evercare IGA Holdings Ltd of its decision. It comes at the end of an eighteen-month process that saw the parties work together to bring the transaction to completion.
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