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UK small-cap RNS · 24 Dec 2025

Every announcement of UK small & mid caps under £2bn. The ones that started or moved a situation are marked – a click opens it.

  1. 13:22
    Annual Report Results
    Annual Report and Accounts 2025 and Notice of Annual General Meeting
    −1.3% on the day
  2. 12:00
    Half-year Results Results
    Half-year loss of £644,766 against a prior-year profit that came only from the Glenover sale. Exploration is progressing, with the Jubilee Molefe deal after period end, but no definitive Luansobe deal yet.
    Disposal of a part (break-up) −2.6% on the day
    Moved: Molefe drilling programme: Drilling started; 2 of about 10 holes done → Early drilling encouraging; sulphide beneath oxides · new: Luansobe third-party discussions – Talks ongoing; no definitive arrangement · new: Ferber Phase 2 drilling – Phase 1 complete; data integration next
  3. 11:23
    Half-year Results Results
    Interim results for the six months ended 30 September 2025
    +0.0% on the day
  4. 07:00
    Results for the six months ended 30 September 2025 Results
    Feasibility study and prices well above study assumptions, but a £3.8m operating loss, £40.4m total loss from the CLN fair-value charge and only £1.0m cash leave funding dependent.
    Project milestones 25% of mcapoutlook positivefirst since Oct 2023 −1.4% on the day
    Moved: Hemerdon Project Financing: Advanced discussions; bridge loan agreed → Good progress; completion expected Q1 2026 · Convertible note conversion and B-Shares: Terms conditionally agreed; shareholder approval pending → Binding conversion agreement; approval pending · Bridge loan and funding dependence: Bridge facility agreed, first tranche available → Bridge partly deployed; going-concern uncertainty stated

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