RNS Hotlist: BATM, Bezant, Duke, Goldplat, Kropz, Mobile Streams, Supply@ME
It looks like Bezant (BZT) could do an Xtract Resources (XTR) in terms of the mining resources potential, as the copper-gold exploration and development company, confirmed that the Mines and Geosciences Bureau of the Department of Environment and Natural Resources of the Philippines government has renewed Crescent Mining Development Corporation's Mineral Production Sharing Agreement No. 057-96-CAR for a second 25 year term with effect from 12 November 2021. The Mankayan Project is a potentially world class copper-gold porphyry project at a time when the Philippines is looking to further develop its mining industry.
Supply@ME Capital (SYME), the fintech platform announced that TradeFlow Capital Management's 4 years senior note, issued by its CEMP USD Trade flow Fund and arranged by Conduit Securities Pte Ltd, part of the Conduit group, has been made available on Smat, the Swiss wealth management investment platform.
Mobile Streams (MOS), the AIM quoted mobile content and data intelligence company, announced its unaudited interim results for the six months ended 31 December 2021. The company said that since the end of the half year, it has announced a major strategic partnership and contract with International Gaming Systems which is expected to deliver significant revenue. As a result, monthly revenue across all services exceeded $120,000 in January 2022.
Kropz (KRPZ), an emerging African phosphate producer and developer, revealed first production of phosphate rock concentrate, from its Elandsfontein operation in South Africa. Elandsfontein commenced plant commissioning in Q4 2021 and has achieved a concentrate grade of 31% P2O5, in line with management expectations. Concentrate samples will now be prepared for shipment to a number of potential buyers to confirm product specifications. Sales to smaller local customers in South Africa will commence in late March 2022.
Goldplat (GDP), the AIM listed gold producer, announced its unaudited interim results for the six months ended 31 December 2021. The company achieved Increasing operating profit, against the six months ended 31 December 2020, by 28% to £3,334,000 (31 December 2020:£2,600,000). There was a doubling of net profit from continued operations attributable to owners of the company to £2,071,000 (31 December 2020:£1,013,000).
BATM (BVC), a provider of real-time technologies for networking solutions and medical laboratory systems, said that its Telco Systems subsidiary has partnered with NEXCOM International Co Ltd, a leading supplier of network appliances, to provide the Group’s Edgility virtual networking and edge compute solution pre-installed on NEXCOM’s 5G-ready network appliance.
Duke Royalty (DUKE), a provider of alternative capital solutions, announced a follow-on investment of CA$10.3 million (approximately £6.2 million) into its existing royalty partner Creō-Tech Industrial Group Inc. The company said the deal is consistent with our current investment strategy, in that it supports a strong management team that is executing a buy-and-build model.
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