Argo Blockchain PLC, Mkango Resources Ltd, Bidstack PLC …

Bidstack Group PLC (AIM:BIDS, OTC:FTBGF), the in-game brand activation platform, has announced that Francesco Petruzzelli is to resign as its managing director and from the board, though he will remain as a strategic adviser to the executive team.

In a statement, the company said it would like to place on record the enormous contribution that Petruzzelli had played in building out Bidstack, the in-game advertising sector as a whole, and for his work across the technical and commercial areas of the business to date.

Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) said its production rose by 63% in the six months to end-September 2022, despite heavy rain causing severe disruption to its two graphite flake operations in Madagascar.

The junior has also been working heavily on ramping up operations at the Vatomina and Sahamamy projects but even with that sales over the period rose to 1,691 million tonnes (Mt), while total revenues more than doubled to £1.17mln.

Strategic Minerals PLC (AIM:SML, OTC:SMCDF) said it has applied for a new Program for Environmental Protection and Rehabilitation (PEPR) relating to planned mining by subsidiary Leigh Creek (LCCM) at Paltridge North in South Australia. 

The application contains additional information required by South Australian authorities about the treatment of transitional ore expected to be mined as the planned pit reaches greater depth, said the junior. 

Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) said it has closed the previously announced transactions with Galaxy Digital. Argo yesterday said it had sold its Helios facility in Dickens County, Texas for US$65mln (£54mln), refinanced its asset-backed loans, and entered into a hosting agreement with Galaxy to maintain Argo’s mining machines at Helios (read more).

Mkango Resources Ltd (AIM:MKA, TSX-V:MKA, OTC:MKNGF) said it had been advanced a further £325,000 by Cotec in the form of a convertible note as part of their planned rare earth collaboration. Mkango has also extended exclusivity until January 31, 2023 (read more).

Trident Royalties PLC (AIM:TRR) chief executive Adam Davidson has purchased 77,510 shares at a price of 51p each. Following this share purchase, Davidson holds 300,000 shares representing 0.1% of the voting rights.


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