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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Caledonia Mining Corp PLC - gold producer with primary asset the Blanket Mine in Zimbabwe - Files
a new NI 43-101 technical report in support of Blanket Mine’s mineral resources and reserves estimates announced on February 6. Total measured and indicated mineral resources estimate at Blanket, inclusive of mineral reserves, of 1,095,000 ounces of gold in 10.72 million tonnes at 3.18 grams per tonne. Says total mineral reserves estimate at Blanket of 395,000 ounces of gold in 3.94 million tonnes at 3.12g/t.
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Ariana Resources PLC - exploration and development company with gold mining interests in Europe - Reports its wholly-owned Turkish operating subsidiary, Galata Mineral Madencilik has been granted the exclusive exploration rights for three new licenses in Eastern Turkey as part of Project Leopard. Three contiguous licences valid for seven years cover an area of 6,000 hectares and are owned 100% by Ariana. Targeting multi-million ounce copper-gold deposits in Eastern Turkey, with further licence applications.
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Rockfire Resources PLC - gold, base metal and critical mineral exploration company - Advises that ASX-listed Sunshine Gold Ltd has provided an update of its exploration activities at the Lighthouse tenement to the Australian Stock Exchange. Sunshine Gold Limited is farming into the Lighthouse tenement and has the option to earn a maximum 75% interest in the tenement by expenditure of AUD$2.2m over a 3-year period. Sunshine Gold reports mapping and rock chip sampling has confirmed the presence of a drill-ready target, being a gold-bearing shear zone, south of plateau.
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RC365 Holding PLC - London-based company focusing on payment gateway solutions & IT support and security services - Announces subsidiary Regal Crown Technology Ltd has entered into a convertible loan facility with Hong Kong Easy Charge Ltd. The facility is in relation to 10% convertible loan due April 30, 2024 for HK$5,000,000 and convertible into new ordinary shares in HK Easy Charge.
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Silverwood Brands PLC - London-based investing company targeting food, organic food, wellness, lifestyle and leisure sectors - Rejects reasons given by directors of Lush Cosmetics Ltd for declining to record share transfers as part of the acquisition of a 19.8% stake in Lush. Instructs solicitors to take up the issues with Lush. States company is comfortable with its position and will continue to take appropriate steps to protect its interests. Reiterates to its shareholders that, pending the transfers being recorded, it continues to hold contractual rights of control through an agreement with Andrew Gerrie and Alison Hawksley in respect of the Lush shares, including, but not limited to voting control and participation in General Meetings, and receipt of dividends and distributions. Continues to invite a constructive and open dialogue with the Lush management team so that all matters can be resolved.
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Alkemy Capital Investments PLC - London-based firm focussed on developing projects in the energy transition metals sector - Wholly-owned subsidiary Tees Valley Lithium Ltd reports that TVL’s lithium hydroxide refinery at Teesside features significantly in the Critical Minerals Asssociation’s paper entitled ‘Midstream Processing and Refining: Unlocking Security of Supply’. Notes the Critical Minerals Association UK is a key interlocutor between the UK government and the critical minerals industry and aims to support the development of critical minerals supply chains in the UK. Adds TVL’s lithium refinery in Teesside has been identified by the CMA UK as a case study project that will form a key strategic component of the UK’s critical minerals midstream processing and refining sector.
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