Traders Cafe with Zak Mir: Brandshield Systems, Chaarat Gold, Dev Clever, Love Hemp, Predator Oil & Gas, Remote Monitored Systems, Valereum Blockchain

Zak Mir
Traders Cafe
07:01, 21st June 2021

Two of the Aquis exchanges more important alumni have been making waves of late, and it would appear are determined to keep this momentum going. Valereum Blockchain (VLRM), which has been one of the year to date best risers, announced that it has raised a total of £1 million at a price of 70p to cover the costs of rolling out the next stage of The Valereum Bridge. We are working closely with Mattereum to refine the structure and protocols of the NFTs to ensure total security for when the launch occurs on the crypto networks. Interestingly enough, the Gibraltar based blockchain technology builder raised the cash at almost the highest levels the stock has been, with accelerator warrants at 80p.

CBD specialist Love Hemp (LIFE) provided a whole new meaning to the “float like a butterfly, sting like a bee” by signing up one of Mohammed Ali’s successors in two-time Heavyweight Champion of the World and Olympic gold medallist, Anthony Joshua OBE. The CBD and hemp supplier said the Endorsement Agreement commences 1 July 2021 and has an initial contract term of three years. Under the Agreement, Anthony Joshua is committed to becoming an ambassador of the Love Hemp brand, with the two set to collaborate on a licenced range of CBD products for athletes. Perhaps the icing on the cake is that Mr Joshua will become a key shareholder of Love Hemp via his management company, 258 MGT Limited, through the issuance of shares in lieu of cash compensation.

Edtech group Dev Clever (DEV), said that it is set to acquire The Inspirational Learning Group Limited, a profitable and established UK-based educational business. TILG will be acquired for a cash consideration of £200,000 and the issue of 6,000,000 new ordinary shares (subject to a two year lock-in) in Dev Clever. Equally of note, Dev Clever plans to launch its own National Career Challenge with virtual work experience and assessments in late Q4 2021. The NCC will be available to all students in the UK and will enable more organisations to deliver bespoke post talent assessment with immediate work experience programmes using Dev Clever's proprietary platform.

Also upping the ante is Remote Monitored Systems (RMS), the nanotechnology specialist famous for its anti-viral face masks. It said it has signed an agreement with PIC Consultants Ltd to supply a new range of high-grade retail hydroponic nutrients for distribution into the UK hydroponics market. The range consists of eight specially formulated solutions, all of which contain patented nano particles produced by the Group's subsidiary, Pharm 2 Farm and will be marketed throughout the UK and Ireland under the brand nano.10-9.

There was pleasant news from Jersey-based Predator Oil & Gas (PRD) as it revealed that the MOU-1 well was spudded at 0100 hours on Sunday 20th June 2021 with drilling ahead in progress to the first planned 133/8” casing point. The company said this event represents the culmination of work over the last 18 months, during the COVID crisis, to create the opportunity to drill in Guercif at this time.

Cybersecurity solutions from brand protection to online threat hunting group Brandshield Systems (BRSD) delivered its results for the 12 months ended 31 December 2020. Financial highlights here were a 71% increase in Annual Recurring Revenue to $3.28m (FY19: $1.92m), a 47% increase in revenue to $2.60m (FY19: $1.77m) with cash of $3.20m at period end. On the operational side it was the successful reverse takeover of BrandShield Limited, along with 22 new customers signed in 2020 including The Pharmaceutical Security Institute and Bristol Myers Squibb. Perhaps most importantly, post period end the strong growth trend has continued into 2021 with the May 2021 ARR figure standing at $3.826m, a 93% increase in ARR relative to May 2020 and 18 new customers contracted between Jan and May 2021.

AIM-quoted gold mining Company Chaarat Gold (CGH) with its focus in Armenia, the Tulkubash construction and Kyzyltash development assets in the Kyrgyz Republic, said it has entered into a new investment agreement with Çiftay, the Turkish mining construction and mining contractor for the Tulkubash project. This supersedes the joint venture agreement executed with Çiftay announced on 13th of September 2019. Chaarat said the outcome of the positive dialogue and the resulting strengthened cooperation with Çiftay confirms the confidence in the Chaarat management team and the Tulkubash project.

Disclaimer & Declaration of Interest

The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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