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UK small-cap RNS · 30 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. 07:11
    Final Results Results
    FY25 loss narrowed to $5.0m from $13.4m, but only through non-cash convertible bond items, with G&A up. Cash was $13.2m at year-end, and Megrez-1 flowed no hydrocarbons to surface.
    New CEO / reset first in 9 months −0.8% on the day
    Moved: Begin Megrez-1 multi-zone flow tests by end of March 2025: pending → missed – Megrez-1 was drilled and flow tested, but no hydrocarbons flowed to surface. It is now a future development target once permanent facilities exist. · Spud Megrez-1 in Q4 2024 and conduct extended testing if successful: pending → delivered – Megrez-1 exploration well was drilled and completed, but no hydrocarbons flowed to surface during testing, so extended testing did not follow. · Supply up to 500 mmcfd gas to Alaska pipeline, initial volumes 2029, full capaci: pending → on_track – Glenfarne is lead developer and the company is working toward a Gas Sales Agreement following the 2024 precedent agreement. No new timing is given.
  2. 07:00
    Drilling Results Results
    Critical Mineral Resources plc (“CMR”, “Company”) is very pleased to report further highly encouraging results from its maiden core drilling programme at Agadir Melloul, continuing to delineate shallow copper mineralisation at Zone 2 North, as well as an …
    Project milestones outlook positive +11.8% on the day
    Moved: Agadir Melloul resource and mine development: Maiden drilling returned shallow copper intercepts; resource pending → Drilling continues; shallow copper confirmed at Zones 1 and 2 · Rhyolite Target drilling and petrology: First hole BHR01 intercept; origin of mineralisation unconfirmed → Further mineralised rhyolite intercepts; more than one system suggested · new: Agadir Melloul gold discovery – First shallow gold intercepts reported
  3. 07:00
    Audited Results, FCA Update & Notice of GM Results
    Audited 18-month results show profit after tax of £2.18m against £3.98m for 2023, with EPS annualised down 63.5% and £2.8m redress provisions in exceptional costs, while the wind-down continues.
    Cash shell / net cash above market value £11.0m · 647% of mcapoutlook mixedfirst in 6 months −23.5% on the day
    Moved: Publish audited 18-month results to 30 June 2025 by end of December 2025 (delaye: pending → delivered – The audited 18-month results to 30 June 2025 were published on 30 December 2025, within the December deadline. · Deliver an effective and efficient wind-down of the Group over coming months, in: pending → on_track – The Board has appointed S&W to monitor the wind-down and asked it to review remaining assets for possible sales. · Return remaining capital and distributable reserves to shareholders after AIM ca: pending → on_track – Directors still intend to seek AIM cancellation and return remaining distributable reserves, though this announcement gives no timing and ties the return to lifting the VREQ.

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