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Delayed 01:55:31 2024-07-03 am EDT			5-day change	1st Jan Change
2,332 ^USD	+0.08%		+0.53%	+13.07%

08:03am	SERICA ENERGY: FOLLOWING THIS REDETERMINATION, SERICA'S LIQUIDIT…	RE
08:03am	West African Resources Updates Ore Reserves of Kiaka Project	MT

AIM WINNERS & LOSERS: Oracle rises on drilling at gold project

June 11, 2024 at 05:46 am EDT

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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AIM - WINNERS

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Oracle Power PLC, up 16% at 0.026 pence, 12-month range 0.018p-0.15p. The energy projects developer says that the phase 2 drilling programme has now been completed at its Northern Zone Gold Project, located 25km ESE of Kalgoorlie in Western Australia. In a separate announcement, Oracle says it has acquired the Blue Rock Valley Copper and Silver project. Blue Rock is located in the Ashburton Basin in Western Australia, 165km southeast of Onslow. "I am very pleased to announce that we have completed the acquisition of this exciting copper and silver project in Western Australia, of this magnitude, that represents a great opportunity for Oracle," CEO Naheed Memon says.

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AIM - LOSERS

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Helium One Global Ltd, down 42% at 0.64p, 12-month range 0.18p-10.30p. The producer of low-carbon helium raises GBP8.0 million through placing and subscription of 1.60 billion shares price at 0.50p each. Proceeds will be utilised to complete an extended well test on Itumbula West-1 to evaluate commercial flow rates of helium prior to the development phase, as well as providing additional funds for operational contingency.

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Uru Metals Ltd, down 14% at 43.00p, 12-month range 28.50p-150.00p. Uru, the developer of Zebedelia nickel project in South Africa, sees shares fall. It says the repayment date for the convertible loan from Boothbay Absolute Return Strategies LP has been extended to the end of December.

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By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
GOLD	2,332 USD	+0.08%	+0.53%	-
DOW JONES SOUTH AFRICA(ZAR)	2,090 PTS	-0.00%	+0.09%	-
S&P GSCI COPPER INDEX 2	683.9 PTS	+0.40%	+1.61%	-
URU METALS LIMITED	50 GBX	0.00%	0.00%	1.04M
SILVER	29.65 USD	+0.26%	+2.73%	-
HELIUM ONE GLOBAL LTD	0.78 GBX	+0.65%	+16.42%	52.57M
ORACLE POWER PLC	0.022 GBX	0.00%	-8.33%	2.08M

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