Rockhopper Exploration is testing AIM's appetite for funding riskier opportunities
Was it all a dream? Some kind of fevered hallucination?
Corero shares tumble 33% on profit warning and revenue shift
Shares in Corero Network Security PLC (AIM:CNS, OTCQB:DDoSF) dropped 33% on Wednesday morning after the cyber-defence firm warned that full-year revenue and earnings would fall short of market expectations. The AIM-listed company, which specialises in protecting against distributed denial of service (DDoS) attacks, said it was seeing strong momentum in its subscription-based model, with annualised recurring revenue rising 25% to $21.6 million.
KEFI begins resettlement programme ahead of Tulu Kapi gold project launch
KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) has begun the community resettlement process for its Tulu Kapi gold project in Ethiopia, marking a key milestone in preparations to move into full-scale development. The AIM-listed mine developer said it would start paying compensation this month for the first phase of its action plan, with funds drawn from existing cash reserves following a recent capital raise.
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.
