Cineworld Group (CINE) shares ticked up 6.90% to 39.79p as investors remain hopeful
Shares in the cinema stock continue to edge higher during the second week of 2022 trading. Despite shares trading at a fraction of their all-time high, shares were up again to 39.7p today.
Tintra (TNT) shares jumped 223.81% to 170p as it closes first tranche of $10m funding round
Shares in the IT service management firm soared after it closed the first tranche of its $10m funding round with the announcement of an initial $3m investment at a valuation of $100m.
It explained that the funds will be used to drive its next stage of strategic growth and the build out of game changing artificial intelligence via the development of its RegTech business unit.
This follows the company’s recent new joint venture with the award-winning Artificial Intelligence and Machine Learning business, TMC2, via the firm’s subsidiary Finsensr.
Chariot Oil & Gas (CHAR) shares jumped 35.67% to 10.13p finds ‘significant’ gas discovery
The Africa-focused transitional energy firm said data has confirmed the presence of significant gas accumulations in the appraisal and exploration objectives of the Anchois-2 well on the Anchois gas project within the Lixus licence, offshore Morocco, in which it has a 75% interest.
Adonis Pouroulis, Acting Chief Executive Officer of Chariot Oil & Gas, told investors that as well as conducting a successful appraisal well operation, that the company has made “a significant gas discovery” at the Anchois-2 well which materially exceeds our expectations.
Addressing investors, he said: “We continue to conduct further analysis on the data collected from the well, but as it stands, we believe the result is transformational for the Company.”
Harvest Minerals (HMI) shares jumped 22.77% to 6.2p hails strong growth in 2021
In a statement released this morning, the remineraliser producer described 2021 as “a breakout year” with accumulated sales by end of the year having reached 85,030 tonnes.
During 4Q21, Harvest’s sales performance achieved a total volume of 22,984 tonnes of its KP Fértil®, representing a 105% increase over the sales realised in the same period of 2020.
The total 2021 accumulated sales achieved 85,030 tonnes compared to 54,115 tonnes in the year of 2020 and 27,559 tonnes in 2019. Such sales performance represents a 46% CAGR (Compound Annual Growth Rate) over the last three years, the Company told investors.
As a result of this combined with the continued strong activity of the agricultural sector in Brazil, Harvest is now forecasting its calendar 2022 sales volume to be 150,000 tonnes.