See our roundup of today's AIM risers - see the full LSE winners & losers board here.
Empyrean Energy rises 7% to 10.5p a share
announced the results of an independent audit of its oil initially in place estimates over the Jade, Topaz and Pearl prospects identified in Block 29/11, Pearl River Mouth Basin, offshore China.
Total Mean Oil in-place increased 9% to 884 MMbbl from 814 MMbbl on an un-risked basis, and P10 estimates increased 47% to 1588MMbbl. (P10 - 10% probability that the quantities actually recovered will equal or exceed the high estimate)
Empyrean CEO Tom Kelly commented “It is particularly pleasing to see that the Jade and Topaz prospects are expected to have close to a 1-in-3 chance of geological success and over a billion barrels of potential oil in-place, combined, on a P10 basis un-risked. By industry standards, these numbers are excellent.
Read more here & follow EME here:
Mirriad Advertising rises 7% to 21p a share
signed a contract with TF1 group, the largest commercial broadcaster in France, and the most viewed television channel in Europe.
Mirriad is a video technology company delivering in-video advertising, creating advertising opportunities within existing premium TV and video across multiple shows.
The contract is a 2 year agreement with TF1 Group.
Read more here & follow MIRI here:
Marechale Capital rises 10% to 1.35p a share
shares fell from a high of 2.64p, following the release of its final results in August.
During the week company director Patrick Booth-Clibborn exercised options to purchase shares, and buying volume has pushed shares up over the past two days.
Read more here & follow MAC here:
PCG Entertainment rises 9% to 0.12p a share
shares rose as trading volumes more than triple.
The company appointed Jack Sun as director in October following the dismissal of the Group's former Chief Executive Officer.
Prior to working with PCGE, Jack Sun was previously a board director for BETEX Group where he led and won bids for government lottery contracts in three provinces, leading to £430 million per annum in revenues.
Read more here & follow PCGE here:
On today's podcast: W Resources provide an update on progress at La Parrilla, its tungsten-tin mine in Spain. Emmerson completes the Environmental Baseline Study at their potash project. Malcy talks about: Eco Atlantic O&G, Range Res, Bahamas Petroleum & Hurricane Energy. John Stepek author of Sceptical Investor.
SP Angel daily look at commodities and miners, featuring: Bluebird Merchant Ventures* (BMV LN) – Funding raised to complete pre-construction phase for Gubong gold mine Cora Gold* (CORA LN) – Sanankoro oxides demonstrate up to 97% gold recoveries Chaarat Gold* (CGH LN) – Joint venture to build gold mine in Kyrgyzstan Strategic Minerals* (SML LN) – Moving to 100% ownership of Redmoor
John Peters, Managing Director of Strategic Minerals, commented: "The recent resource upgrade has highlighted the potential world class nature of the Redmoor Tin/Tungsten project and has given the Board confidence to consolidate control.”
Five financial stories, trending today in a 70 second podcast, including: Accrording to the the British Chambers of Commerce, UK companies look set to cut investment by the most in 10 years in 2019 because of Brexit, even if Prime Minister Theresa May gets a deal to ease the country out of the bloc.