Petro Matad brings in $4m in new investment
Petro Matad Limited (AIM:MATD, OTC:PRTDF), the AIM-quoted oil company operating in Mongolia, has raised $4 million through a placing and subscription of new shares, and has announced plans for a retail offer that could bring in a further $700,000. Funds will be used to cut operating costs at the Heron-1 producing well by switching from diesel to grid electricity.
88 Energy extends exploration period in Namibia
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has announced a 12-month extension to its Namibia venture, where it plans to undertake a programme of early stage exploration. The AIM-quoted firm holds a 20% stake in the project, alongside partner Monitor Exploration, and together they plan to conduct a high-resolution airborne survey, estimate a prospective resource, and identify potential exploration well sites.
Savannah raises £4.8m to advance Portuguese lithium project with surge in retail and domestic support
Savannah Resources PLC (AIM:SAV, ETR:SAV, OTC:SAVNF) has raised a total of £4.8 million in fresh investment after strong support from both institutional and individual investors, with the latest tranche coming through a retail-focused share offer. The AIM-quoted miner, which is developing a lithium project in northern Portugal, said it secured a further £300,000 from private investors via the RetailBook platform.
Nostra Terra shares tipped for +300% upside
Nostra Terra Oil and Gas Company PLC (AIM:NTOG, OTC:NTOGF) shares are tipped for more than 300% upside as it continues to deliver in its self-funded growth strategy, that's the view of analysts at SP Angel. The stockbroker has initiated its coverage of the AIM-quoted junior oil producer with a ‘Buy' recommendation and a price target of 0.06p (versus today's market price of 0.013p).
Seeing Machines lands deal with ‘autonomous driving car company'
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) has landed a US$1.2 million agreement with ‘a North American autonomous driving company', with the AIM-quoted firm supplying its backup-driver monitoring systems. Its Guardian systems will be installed in test vehicles as the customer expands testing operations to new sites.
Polarean's Xenon MRI technology to feature in over 30 studies at American Thoracic Society events
Polarean Imaging PLC (AIM:POLX, OTC:PLLWF), the AIM-listed medical imaging company, will have its Xenon-based magnetic resonance imaging (MRI) technology showcased in more than 30 clinical studies at the American Thoracic Society's annual meetings in San Francisco this month. The company, which develops imaging platforms designed to assess lung function, has been selected as a featured participant at the ATS Respiratory Innovation Summit, taking place on 16–17 May.
Zephyr Energy reports strong flow rates at Utah well, boosting Paradox project prospects
I could not be more pleased with the initial results from this latest production test - CEO Colin Harrington Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) has reported strong early results from a production test at its State 36 2R well in Utah, delivering a peak rate of nearly 2,850 barrels of oil equivalent per day without the need for fracture stimulation. The AIM-listed company said the test, conducted at its Paradox Basin project, showed stable and commercial flow rates over multiple settings and time periods, with minimal water production and high liquid yields, factors that could significantly enhance project economics.
Mirriad shares crash 78% as cash crisis puts survival in doubt
Shares in Mirriad Advertising PLC (AIM:MIRI, OTCQX:MMDDF) plummeted 78% on Thursday after the company warned it may soon run out of money and could enter administration within days unless fresh funding is secured. The AIM-quoted virtual product placement specialist revealed that talks over a potential takeover had collapsed at the end of April, leaving the board scrambling for alternatives to keep the business afloat.
Seeing Machines posts rebound in automotive volumes as industry stabilises
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF), the driver monitoring technology group, reported an encouraging pick-up in production volumes for the third quarter of its financial year, following a broader slowdown across the automotive sector. The AIM-listed company, which supplies driver monitoring systems (DMS) to global carmakers, produced over 358,000 units in the three months to the end of March 2025, a 34% increase on the previous quarter.
Electric Guitar shares resume trading on AIM as company reboots with new board and cash shell strategy
Electric Guitar PLC (AIM:ELEG) is back on the market. The company's shares will resume trading on AIM Tuesday morning following a major board shake-up and the completion of a fundraising round that sets it up as a so-called “cash shell” - a listed vehicle with no active business but a mandate to acquire one.
AIM ImmunoTech Inc. (AIM) Q4 2024 Earnings Call Transcript
AIM ImmunoTech Inc. (NYSE:AIM ) Q4 2024 Earnings Conference Call April 1, 2025 8:30 AM ET Company Participants Thomas Equels - Chief Executive Officer, President and Executive Vice Chairman Conference Call Participants Ed Woo - Ascendiant Capital Markets Operator Hello and welcome to the AIM ImmunoTech Fourth Quarter and Full Year 2024 Update Conference Call and Webcast. As a brief reminder, all participants are currently in a listen-only mode.
Deposed AIM royalty ASOS enjoys a rare week in the sun
Once royalty of the AIM market, with a valuation that once put it on the cusp of the FTSE 100, ASOS PLC's (LSE:ASC)fall from grace has been rapid—and well documented. Earlier this week, its shares were languishing at levels last seen 17 years ago.
