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Seed Capital Solutions #SCSP – Notice of AGM
Seed Capital Solutions plc, formed in December 2017, which operates as a special purpose acquisitions company (SPAC) to undertake one or more acquisitions of target companies or businesses, announces that the annual general meeting of the members of the Company will be held at the office of Axis Capital Markets Ltd, 73 Watling St, London, EC4M 9BJ at 1000 hrs (GMT) on 24TH February 2025 for the purpose of considering, and, if thought fit, pass the following resolutions.
Resolutions 1 to 8 will be proposed as ordinary resolutions and resolutions 9 and 10 will be proposed as special resolutions.
Ordinary Resolutions
- To receive the accounts and reports for the financial period ended 30 June 2024.
- To approve the Directors’ remuneration report in the form set out in the Company’s annual report and accounts for the year ended 30 June 2024.
- To re-elect Damion Greef, who is retiring by rotation as a director of the Company.
- To re-elect Avi Robinson, who is retiring having been appointed by the directors of the Company since the last General Meeting and who being eligible offers himself for election as a director of the Company.
- To reappoint Haysmacintyre LLP as auditors of the Company and to authorise the directors to fix their remuneration.
- That the Company be authorised, subject to and in accordance with the provisions of the Companies Act 2006, to send, convey or supply all types of notices, documents or information to Shareholders by electronic means, including making such notices, documents or information available on a website.
- That the Company, not having not yet announced an acquisition, should extend the period for identification of a suitable acquisition by a period of a further 12 months to 31 March 2026.
- That, in accordance with section 551 Companies Act 2006 (CA 2006), the directors of the Company are generally and unconditionally authorised, in addition to any previous authorities, which shall continue to apply, to allot Relevant Securities (as defined in this resolution) comprising equity securities (as defined in section 560 CA 2006) up to an aggregate nominal amount of £500,000 (five hundred thousand pounds), such authority, unless previously revoked or varied by the Company in general meeting, to expire on 30 June 2025 or, if earlier, the date of the Company’s next annual general meeting, except that the directors of the Company may allot relevant securities pursuant to an offer or agreement made before the expiry of the authority. In this notice, Relevant Securities means any shares in the capital of the Company and the grant of any right to subscribe for, or convert any security into, shares in the capital of the Company.
Special Resolutions
- That, under section 570 CA 2006, the directors of the Company are authorised, in addition to any previous authorities, which shall continue to apply, to allot equity securities, as defined in section 560 CA 2006, wholly for cash for the period commencing on the date of this resolution and expiring on the date of the Company’s next annual general meeting, as if section 561 CA 2006 did not apply to such allotment, except that the directors of the Company may allot relevant securities following an offer or agreement made before the expiry of the authority and provided that the authority is limited to:
9.1 the allotment of equity securities in connection with a rights issue in favour of ordinary shareholders where their holdings are proportionate, as nearly as possible, to the respective number of ordinary shares held, or deemed to be held, by them, but subject to any exclusions or arrangements the directors think necessary or expedient for the purpose of dealing with fractional entitlements or legal or practical problems under the laws of any territory or the requirements of any recognised regulatory body or stock exchange in any territory;
9.2 the allotment of equity securities in connection with the issue of up to 8,313,532 shares in respect of the exercise of shares granted under warrants; and
9.3 the allotment of equity securities, otherwise than in accordance with paragraphs 9.1 and 9.2, up to a maximum nominal value of £125,000 (one hundred and twenty-five thousand pounds).
By order of the board
– ENDS –
FOR FURTHER INFORMATION, PLEASE CONTACT:
| Seed Capital Solutions plc | Tel: +44 (0) 7976 431608 | |||
| Chairman Damion Greef
Brand Communications |
Tel: +44 (0) 7976 431608 |
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| Public & Investor Relations | ||||
| Alan Green
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ABOUT SEED CAPITAL SOLUTIONS PLC
Seed Capital Solutions Plc (LON: SCSP) is a Special Purpose Acquisition Vehicle (SPAC), which operates for the purpose of acquiring a business or businesses operating in market sectors that can display strong ESG credentials, thereby benefitting from the current trend of superior performance and increased investor appetite.
ECR Minerals #ECR – Total Voting Rights
ECR Minerals Plc (LON: ECR), the exploration and development company focused on gold in Australia, announces that the issued share capital of the Company as at the date of this announcement comprises 2,215,169,594 ordinary shares of 0.001 pence each with one voting right per share (“Ordinary Shares”). The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company is 2,215,169,594.
The above figure may be used by shareholders in the Company as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the share capital of the Company under the Disclosure Guidance and Transparency Rules of the UK Financial Conduct Authority.
FOR FURTHER INFORMATION, PLEASE CONTACT:
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ECR Minerals Plc |
Tel: +44 (0) 1738 317 693 |
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Nick Tulloch, Chairman Andrew Scott, Director |
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Website: www.ecrminerals.com |
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Allenby Capital Limited |
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Tel: +44 (0) 3328 5656 |
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Nominated Adviser Nick Naylor / Alex Brearley / Vivek Bhardwaj |
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Axis Capital Markets Limited |
Tel: +44 (0) 203 026 0320 |
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Broker |
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Ben Tadd / Lewis Jones |
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SI Capital Ltd |
Tel: +44 (0) 1483 413500 |
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Broker |
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Nick Emerson
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Brand Communications |
Tel: +44 (0) 7976 431608 |
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Public & Investor Relations |
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Alan Green |
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ABOUT ECR MINERALS PLC
ECR Minerals is a mineral exploration and development company. ECR’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd (“MGA”) has 100% ownership of the Bailieston and Creswick gold projects in central Victoria, Australia, has six licence applications outstanding which includes one licence application lodged in eastern Victoria (Tambo gold project).
ECR also owns 100% of an Australian subsidiary LUX Exploration Pty Ltd (“LUX”) which has three approved exploration permits covering 946 km2 over a relatively unexplored area in Lolworth Range, Queensland, Australia. The Company has also submitted a license application at Kondaparinga which is approximately 120km2 in area and located within the Hodgkinson Gold Province, 80 km NW of Mareeba, North Queensland.
Following the sale of the Avoca, Moormbool and Timor gold projects in Victoria, Australia to Fosterville South Exploration Ltd (TSX-V: FSX) and the subsequent spin-out of the Avoca and Timor projects to Leviathan Gold Ltd (TSX-V: LVX), MGA has the right to receive up to A$2 million in payments subject to future resource estimation or production from projects sold to Fosterville South Exploration Limited. ECR holds a royalty on the SLM gold project in La Rioja Province, Argentina which could potentially receive up to US$2.7 million in aggregate across all licences.
MGA also has approximately A$75 million of unutilised tax losses incurred during previous operations.
First Class Metals #FCM – Posting of Circular and Notice of General Meeting
First Class Metals plc, the Canada-focused precious and base metal explorer, with extensive land holdings in northern Ontario, announces that, further to the announcement made on 18 December 2024, a circular, together with a notice of General Meeting, will be posted to shareholders today, seeking shareholder approval for the first stage of the conditional subscription by The 79th GRP Limited. The Directors believe that the proposed investment is in the best interests of shareholders and is calling the GM to seek shareholder approval to enable the resolution to be passed.
The GM is due to be held at The Waterfront Hotel, Marine Lake, Southport Pier, Southport, PR9 0DZ, at 11 a.m. on 24 February 2025.
The First Subscription
On 18 December 2024, the Company announced that it had entered into a conditional subscription agreement with the Seventy Ninth Group for a total investment of approximately £2.18 million subject, inter alia, to FCM shareholder approval. The transaction is to be completed via a direct subscription into the Company in two stages for a total of 128,500,000 ordinary shares of £0.001 at 1.7p per share.
The Circular relates only to the Stage 1 Subscription, consisting of 78,552,084 Shares which uses the Company’s current shareholder authority to issue shares on a non-pre-emptive basis. The completion of the issue of the Stage 1 Shares is subject to (i) publication of an FCA approved prospectus, (ii) shareholder approval by independent shareholders of a waiver in accordance with Rule 9 of the Takeover Code and (iii) admission of the Stage 1 Shares to the Official List and to trading on the Main Market of the London Stock Exchange plc.
Shareholders should be aware that if the resolution to approve the Rule 9 Waiver in respect of the Stage 1 Subscription is not approved at the GM, the transaction (being the Stage 1 and Stage 2 Subscriptions as well as the issue of the OnGold Shares, the Quinlan Shares and the Replacement Shares (each as defined in the Circular)) will not proceed in any respect. Shareholders are urged to vote in favour of the Resolution, which the Board considers to be in the best interests of the Shareholders as a whole.
The Circular will also be available to view on the Company’s website at:
https://firstclassmetalsplc.com/prospectus-and-reports.
Unless the context otherwise requires, words and expressions in this announcement shall have the same meaning as in the Circular.
This announcement contains information that, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).
The Directors take responsibility for this announcement.
For further information, please contact:
James Knowles, Executive Chair
Email: JamesK@Firstclassmetalsplc.com
Tel: 07488 362641
Marc J Sale, CEO
Email: MarcS@Firstclassmetalsplc.com
Tel: 07711 093532
Novum Securities Limited (Financial Adviser)
David Coffman / Daniel Harris
Website: www.novumsecurities.com
Tel: (0)20 7399 9400
Axis Capital Markets (Broker)
Lewis Jones / Ben Tadd
Website: Axcap247.com
Tel: (0)203 026 0449
For further information about Seventy Ninth Group, please contact:
Tim Blythe, Partner, BlytheRay (Public Relations)
Email: Tim.Blythe@BlytheRay.com
Tel: (0)20 7138 3205
Blencowe Resources #BRES – Orom-Cross Graphite Excels in SAFELOOP Product Testing
Blencowe Resources (LSE: BRES) is pleased to announce significant progress within Project SAFELOOP, a European Union-led initiative under the €100 billion Horizon Europe Programme focussed on the European Union’s renewable energy transition. SAFELOOP aims to deliver a Gen3 Lithium-ion battery for standardised EV buses, prioritising safety, recycling, and high performance. Blencowe is the exclusive supplier of natural flake graphite to the project.
In collaboration with its US-based technical partner and graphite specialist American Energy Technologies Co. (“AETC”), Orom-Cross graphite has undergone initial testing and upgrading to battery quality material, delivering standout results. Testing confirmed the exceptional purity of Orom-Cross graphite, with thermal refinement to 99.98% wt%C – exceeding industry standards. Furthermore, composite anodes produced with Orom-Cross graphite achieved an outstanding 68.4 wt% natural graphite content, one of the highest loadings ever recorded in the battery industry, thus reinforcing its strategic importance in advanced battery applications.
Highlights:
· Ultra-Pure Graphite: Orom-Cross graphite thermally refined to 99.98% wt%C, demonstrating exceptional purity over and above market standards.
· Industry-Leading Loadings: Composite anodes using Orom-Cross graphite achieved 68.4 wt% natural graphite content – one of the highest loadings recorded in the battery industry specific to the EV battery anode composition.
· Superior Performance: Initial electrochemical tests indicate outstanding results, driven by the unique properties of Orom-Cross graphite.
· Strategic Potential: SAFELOOP’s anticipated graphite concentrate demand from Orom-Cross could lead to substantial, high-value offtake opportunities.
Technical Insights and SAFELOOP Progress
During November 2024, Orom-Cross graphite samples were processed by AETC as part of the SAFELOOP initiative. These samples underwent thermal purification, shaping, and composite preparation in which they were co-processed with synthetic graphite to create high-performance anodes.
AETC, alongside other SAFELOOP expert partners, is advancing the development of a high-quality Gen3 Li-ion battery (“LIB”) for Electric Vehicles to be deployed on European soil. Test work completed to date indicates exceptionally promising results in the targeted EV application using Orom-Cross graphite, showcasing its premium quality.
In one of the composites produced during shaping and classification the amount of Orom-Cross natural graphite was a remarkable 68.4 wt% – this is by far one of the highest loadings of natural graphite into a composition of EV battery anodes known in the battery industry. By way of reference, EV anodes are usually synthetic graphite dominant, with the content of synthetic graphite generally representing anywhere from 75-100% of anode composition.
Testing will continue into the next phase as the SAFELOOP project evolves.
SAFELOOP estimates for graphite concentrate volumes required from Orom-Cross to fulfil battery demand is projected to be substantial, should the project transition to commercial-scale production. The SAFELOOP channel therefore represents a tier one opportunity for Blencowe, with the potential for premium pricing far exceeding typical market levels.
Executive Chairman Cameron Pearce commented:
“We are very pleased to see such remarkable results from Orom-Cross graphite, overlaid with AETC’s processing expertise and other SAFELOOP partners’ involvement. Achieving an ultra-pure 99.98% wt%C graphite and one of the highest natural graphite loadings ever recorded at 68.4 wt% underscores the high quality of our graphite deposit and validates the differentiated strategy we have pursued. SAFELOOP aligns perfectly with our development timeline and its potential scale offers an exceptional and valuable offtake channel for the future.”
“Our focus remains on delivering a unique project that stands out in the graphite sector. By pursuing high-value opportunities like micronisation, downstream processing, and now SAFELOOP, we are securing the long-term success of Orom-Cross and building shareholder value.”
AETC Manager of Government Relationship, Anna Doninger commented:
“The preliminary conclusions of the test work conducted to date is that Blencowe’s natural graphite could become an enabling technology for making an EV battery grade composite anodes which contain both natural crystalline flake and synthetic graphites as a coherent whole, and which are simultaneously dominant in their use of natural graphite, behaving at an impressive level in electrochemical performance. This is yet another testimony to the premium quality of Blencowe’s natural graphite and its excellent potential for application in the EV battery market.”
Strategic Outlook
Blencowe is proud to support SAFELOOP in developing safer, part-recycled, high-performance EV batteries. The Company continues to position Orom-Cross as a globally significant graphite project through innovation, strategic partnerships, and market differentiation.
For further information please contact:
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Blencowe Resources Plc Sam Quinn |
www.blencoweresourcesplc.com Tel: +44 (0)1624 681 250
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Investor Relations Sasha Sethi |
Tel: +44 (0) 7891 677 441
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Tavira Financial Jonathan Evans |
Tel: +44 (0)20 3192 1733 jonathan.evans@tavirasecurities.com
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Twitter https://twitter.com/BlencoweRes
Sovereign Metals (ASX:SVM, AIM:SVML, OTCQX:SVMLF) – Quarterly Update for period ended 31 December 2024.
Sovereign Metals Limited (ASX:SVM, AIM:SVML, OTCQX:SVMLF) (Sovereign or the Company) is pleased to provide its quarterly report for the period ended 31 December 2024.
HIGHLIGHTS DURING AND SUBSEQUENT TO THE QUARTER
Optimised PFS Results Reaffirm Kasiya’s Globally Strategic Significance
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· In January 2025, the Optimised Prefeasibility Study (OPFS) was completed with oversight from Sovereign-Rio Tinto Technical Committee |
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· Results of the OPFS reaffirm Kasiya’s potential to become the largest and lowest-cost producer of natural rutile and natural flake graphite while generating exceptional economics |
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· Various optimisations have led to superior project delivery, operational flexibility, environmental and social outcomes compared to the 2023 Prefeasibility Study (PFS) |
Pilot Phase Advanced to Rehabilitation Stage following Mining Trials and Backfilling
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· In December 2024 material mined and stockpiled during the Pilot Mining and Land Rehabilitation (Pilot Phase) was placed back in the test pit filling it to its original ground level |
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· On-site soil remediation and land rehabilitation activities are underway testing Sovereign’s proposed rehabilitation approach and demonstrating how mined land can support sustainable farming post-closure |
Positive Initial Test Results for Use of Kasiya Graphite in Refractories
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· In November 2024 Sovereign announced that preliminary tests confirmed that graphite concentrate produced from Kasiya exhibits prerequisite characteristics for selling graphite to the refractory materials sector |
Infill Drilling Program Complete
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· In October 2024 Sovereign announced the completion of an infill drilling program designed to upgrade Kasiya’s Mineral Resource Estimate (MRE) and to facilitate conversion of Ore Reserves from Probable to Proven category |
Next Steps
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· Over the course of the next quarter, Sovereign will advance the Definitive Feasibility Study (DFS), provide updates on the rehabilitation component of the Pilot Phase, publish an upgrade to the MRE, continue with further graphite testwork to support potential offtake discussions and further its community and social development programs in Malawi. |
Classification 2.2: This announcement includes Inside Information
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Enquires |
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Frank Eagar, Managing Director & CEO South Africa / Malawi +27 21 065 1890 |
Sapan Ghai, CCO London +44 207 478 3900 |
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Nominated Adviser on AIM and Joint Broker |
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SP Angel Corporate Finance LLP |
+44 20 3470 0470 |
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Ewan Leggat Charlie Bouverat |
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Joint Brokers |
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Stifel |
+44 20 7710 7600 |
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Varun Talwar |
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Ashton Clanfield |
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Berenberg |
+44 20 3207 7800 |
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Matthew Armitt |
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Jennifer Lee |
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Buchanan |
+ 44 20 7466 5000 |
For the full quarterly financial statements and report, link here
Blencowe Resources #BRES – Investor Webinar Invitation – Tuesday, 25 February 2025
Blencowe Resources (LSE: BRES) is pleased to invite shareholders and investors to a focusIR live Q&A webinar on Tuesday, 25 February 2025, at 18:00 UK time. A recording of the webinar will also be made available post-event.
Blencowe CEO Mike Ralston will provide insights into the Company’s recent developments, including:
- Progress on the 6,700m drilling programme at Orom-Cross, targeting substantial resource and reserve upgrades.
- Advancements in Project SAFELOOP, where Orom-Cross graphite continues to demonstrate exceptional performance in testing.
- Key steps toward DFS completion and upcoming project milestones.
- Market outlook and strategic priorities for Blencowe in 2025.
Mike Ralston, CEO, commented:
“For the previous webinar, I was in Uganda and had some connectivity issues, however, this time I will be joining from home to ensure a smooth session. I look forward to engaging with investors and answering as many questions as possible, please send these in to our info@blencoweresourcesplc.com address and we will be sure to forward to the webinar organisers.”
How to Register:
Investors can register for the webinar here:
https://us06web.zoom.us/webinar/register/5717375627132/WN_Nn5JF-03RN2Gc3ovKHS0hg#/registration
Ask Questions:
Shareholders can submit live questions during the session.
Sign Up for Updates:
Stay informed by subscribing to the Company’s newsletter:
**ENDS**
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Blencowe Resources Plc Sam Quinn |
www.blencoweresourcesplc.com Tel: +44 (0)1624 681 250 |
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Investor Relations Sasha Sethi |
Tel: +44 (0) 7891 677 441 |
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Tavira Financial Jonathan Evans |
Tel: +44 (0)20 3192 1733 |
Alan Green covers Sealand Capital #SCGL & Blencowe Resources #BRES & Dan Flynn covers Cobra Resources #COBR on this week’s Stockbox Research Talks
Alan Green covers Sealand Capital #SCGL & Blencowe Resources #BRES & Dan Flynn covers Cobra Resources #COBR on this week’s Stockbox Research Talks
Citius Resources #CRES – Interim Financial Statements For the six month period ended 31 October 2024
The Company is pleased to announce its Interim Results for the six-month period to 31 October 2024.
For further information please contact
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Citius Resources Plc Cameron Pearce (Director) www.Citiusresources.co.uk Tel: +44 (0)1624 681 250 info@citiusresources.co.uk |
Tavira Securities Limited Jonathan Evans Tel: +44(0)20 7330 1833 Jonathan.evans@tavirasecurities.com
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Shard Capital Partners Damon Health Tel: +44(0)20 7186 9927 |
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Interim Management Report
Dear Shareholders,
I am pleased to present the interim accounts for the six-month period to 31 October 2024 for Citius Resources Plc. The Company is in the final stages with the UK Regulator of the acquisition of 100% of the issued shares in Harena Resources Pty Ltd (“Harena”) the 75% owner of the Ampasindava Rare Earths Project in Madagascar (the, “Acquisition”). Harena is an Australian domiciled company preparing to develop the 75% owned Ampasindava Rare Earths Project, which includes targeting the mining and processing of Ionic Clay material to extract Rare Earth elements to produce Mixed Rare Earth Carbonate or Mixed Rare Earth Concentrate.
The Acquisition will constitute a Reverse Take Over under the Listing Rules and accordingly, the company will apply for re-admission of its shares to the Official List and Main Market of the London Stock Exchange following an Extraordinary General Meeting.
I would like to thank all our shareholders for their patience and we look forward to finally applying for re-admission and moving the Ampasindava Rare Earths project forward.
Cameron Pearce
Chief Executive Officer
SCP Equity Research – Today’s Sovereign Metals Updated PFS a Significant Success
250122-scp-svm-pfs 
Read the full note here: 250122-scp-svm-pfs