Audioboom Group PLC (BOOM) announced that it had appointed J Goodwin & Co and Rockefeller Capital as Joint Financial Advisers to carry out a strategic review which would involve the consideration of, amongst other options, a sale of the Company. As a consequence, the Company has been in an offer period since 3 October 2025. The overall objective of the Strategic Review is to enhance shareholder value and accelerate the Company’s growth, capitalising on its position as one of the UK and US’s leading podcast publishers.
Comment: As a long suffering shareholder it is fair that I should state that BOOM’s comms remain sub par, and that anyone, even Apple, Spotify or the Archangel Gabriel is not going to be paying much more than the recent range highs of 800p, as that would be more than the company is worth. Sorry, hurts me more than it hurts you.
Zenith Energy Ltd. (ZEN), provided an update in connection with its two applications for exploration permits covering Italy’s two largest uranium deposits, located in the Lombardy region: the Val Vedello deposit in the Province of Sondrio and the Novazza deposit in the Province of Bergamo. ZEN said “The submission of the Novazza Environmental Impact Assessment represents a highly significant milestone in the advancement of our Italian uranium portfolio. With Novazza now formally under evaluation as part of the VIA (Environmental Impact Assessment) process, we have entered the final stage prior to the award of an exploration licence for Italy’s most significant historical uranium deposits. Novazza benefits from extensive legacy work and existing underground infrastructure developed by AGIP Nucleare, which we believe provides valuable strategic and economic advantage.”
Comment: ZEN is clearly firing on both of its cylinders at the moment. The first is the mega claim against Tunisia which has admitted that it has nabbed ZEN’s oil and the second the renewable energy strategy, which in the wake of the Iran conflict is one of the hottest areas of the stock market.
CleanTech Lithium PLC (CTL), an exploration and development company advancing sustainable lithium projects in Chile, announces an update on two trials being undertaken in North America and in Santiago, Chile, to produce battery grade lithium carbonate from the Laguna Verde project. The trials are focused on replicating and validating the process design that has been defined in the Laguna Verde Pre-Feasibility Study (“PFS”).
Comment: Last month’s Metals One (MET1) share sale was clearly a kick in the proverbials for the CTL share price, something which means that it is not reflecting the solid operational progress the company is making, and even ignores the chunky VAT refund received since then.
Huddled Group plc (HUD), the circular economy e-commerce group, is pleased to announce that Boop Beauty has now been fully incorporated into Peeko.co.uk – the ‘Surplus Superstore’. Peeko.co.uk, is the new singular website for of Huddled Group. The transition to the new site saw Discount Dragon rebranded to Peeko.co.uk last week, with Boop Beauty products now available on the site as of this week.
Comment: Alas Boop Beauty and Peeko are not yet household names. But perhaps they could combine to become Peekaboop? After looking like a decent prospect until last summer shares of HUD have fallen off a cliff, and even an attempt at humour may not be enough to turn the tide.
Bradda Head Lithium Limited (BHL), the North America-focused lithium development group, announced that Ian Stalker, Executive Chair, will host a live interactive presentation on the Engage Investor platform, on Monday 27th April 2026, at 3:00pm BST. Bradda Head welcomes all current shareholders and interested investors to join and encourages investors to pre-submit questions. Investors can also submit questions at any time during the live presentation. Investors can sign up to Engage Investor at no cost and follow Bradda Head Lithium Limited from their personalised investor hub.
Comment: It must have been difficult to keep a lid on the BHL share price despite the ongoing commodities boom / supply shortages, but somehow BHL has managed it. Hopefully the investor presentation and the “personalised investor hub” (nice retainer sale there someone), will move the dial.
Mindflair (MFAI), the AIM-quoted company focused on investing in Artificial Intelligence (“AI”) related technology, announce that Sure Valley Ventures Fund III, in which Mindflair holds an interest, has made a new investment in Audrey AI, a Dublin-based startup company developing an AI platform for financial auditors. Audrey AI has raised US$1.8 million (€1.5 million) in a pre-seed funding round led by Sure Valley Ventures and Delta Partners, with participation from Enterprise Ireland, Donnchadh Casey (ex-CEO Calypso), Conor Jones (ex-CBO Wayflyer), and several former auditors.
Comment: Investing in AI sounds like a good idea, so good that everyone and their mother is saying that they are doing it, or will be doing it. But we are yet to see a good example of someone who has done it at the small cap end of the UK stock market, even though AI has been in one of the biggest bull markets of any asset class in history. Tulip anyone?
Valereum Plc (AQSE: VLRM), a company aiming to become the global market leader in the rapidly developing tokenised digital markets sector, updated in relation to the progress of the definitive agreement with Quorium Global Photonics SPC and receipt of the $300,000 as previously announced on 31 March 2026 and 10 April 2026, respectively. VLRM is well advanced in negotiating the Definitive Agreement and has received part payment of the contracted $300,000 from QGP. VLRM “The relationship with QGP continues to be a monumental transaction for Valereum and the Board is working hard to finalise the agreement. We remain very excited about the opportunities that this will present to the Company.”
Comment: It is difficult not to be swept away by the sheer enthusiasm of the VLRM RNS, we the company is very excited about a “monumental” transaction. The fact that the shares seem to be sliding towards year lows in the 2p zone, suggests that most in the market remain somewhat nonplussed.
Tooru (TOO), the AIM listed company focused on the branded health and wellness sector, announced that it has agreed terms, subject to contract, to acquire 100% of the share capital of Mylky B.V.. Mylky is a leading branded consumer e-commerce business, selling small plant-based home milk making machines and associated products throughout Europe, capitalising on the fast-growing consumer demand for healthy, “free from” plant-based products. Purchase price of £12 million comprising: a cash consideration element of £6 million from existing cash resources and new debt funding a loan note of £3 million. An issue of new Tooru shares, equivalent to £3 million, anticipated to represent between 10% to 15% of the enlarged group, implying a value for Tooru of circa £17 million.
Comment: TOO is certainly going for a giant killing and significant deal here, something which shows the company wants to scale up and use its paper in a very constructive way. That said, there may be some traditionalists who regard cows as milk making machines, rather than necessarily what Mylky is offering.
Quantum Helium Limited (QHE) provided an operational update on the extended production test at the Sagebrush-1 well, Colorado. QHE said “We are very pleased with the progress being made at Sagebrush-1, with operations advancing smoothly through the initial phases of the extended production test program.
What sets Quantum apart from many of our peers is that we are not searching for helium – we already have a significant, independently assessed helium resource base. Our focus now is on confirming the historical helium concentration of 2.76% recorded at Sagebrush-1, and moving the resource into reserves, through appraisal and ultimately commercial development.”
Comment: It has to be said that QHE has hit upon a decent point. It is rather irksome how so many companies keep on proving up assets for the longest time, rather than simply going into production. This is particularly important given the Iran supply chokehold we have on oil, gas, helium et al currently and most likely for quite some time to come.
