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UK small-cap RNS · 6 Jan 2026

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

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07:00

Prospex Energy PXEN £26m
Senior Management Changes: Appointment of New CEO Board change
Founder-era CEO Mark Routh retires with a handover of up to three months. It is an orderly, planned exit, and he stays on to brief his successor.

New CEO / reset first since Oct 2023 +0.0% on the day

Moved: new: CEO succession – Successor named; handover under way · Capex funding over next 2-3 years: All financing options being advanced → Convertible loan note offer open
07:00

KEFI Gold and Copper KEFI £91m
Corporate Strategy Review and Update
As announced on 22 December 2025, the Company's key asset, Tulu Kapi, has now been fully launched.

Project milestones outlook positive −6.0% on the day

Moved: Tulu Kapi project financing and construction: Fundraise with retail offer; admission due 30 Dec → Project fully launched; lender document approval pending
07:00

Cadence Minerals KDNC £21m
Grant of Preliminary Environmental Licence - Amapá
The state regulator granted the Preliminary Licence for the full 5.5 Mtpa mine, including the Azteca plant. This is the first statutory licensing stage and de-risks the restart, though the Installation Licence is still needed before refurbishment.

Project milestones outlook positivefirst since Oct 2023 +12.7% on the day

Moved: Azteca Plant restart: Financing signed; licensing in progress → Preliminary Licence granted; Installation Licence pending