Tap Global Group plc (TAP), an innovative digital finance hub that brings money payments and crypto settlement services together in a single user-friendly app, provided a further update on Tap Earn – a yield product offering the Group’s customers competitive variable yields on eligible cryptocurrency and stablecoin holdings, directly within the Tap mobile application. TAP said “Crypto prices have fallen sharply since our last update, yet Tap Earn AUM has risen 43% and passed US$5 million. Customers continued to deposit through the drawdown, which is precisely the behaviour this product was built around: earning a return on what you hold matters most when markets are difficult. For the Group, every dollar of AUM adds recurring yield revenue that does not depend on trading volumes. We set out to build a revenue base that works through all phases of the market cycle.
Comment: It is helpful that Cavendish have produced a note concerning Tap which offers as 3.7p share price target, something which may be achievable in coming months if the assurance that Tap Earn delivers whether BTC is up or down is to be believed. One wonders whether Cavendish are aware of the pesky seller at 3p?
Rome Resources plc (RMR), the DRC and Canada-focused critical minerals explorer, announced the commencement of a small-scale tin mining programme at its Kalayi project in the Democratic Republic of Congo. The small-scale tin mining programme fulfils a key regulatory requirement of the Company’s small-scale exploitation permit 13274 (“PEPM 13274”) and is designed to support the conversion of PEPM 13274 into a full mining licence (Exploitation Licence under DRC mining law). It is anticipated that achieving this milestone will assist in facilitating the Company’s proposal to increase its ownership interest in PEPM 13274, as announced on 17 April 2026. This is expected to strengthen the Kalayi Project’s attractiveness to potential strategic and development partners.
Comment: Those of us who might have been somewhat concerned that RMR was losing its focus with the recent announcement regarding a foray as far as Canadian exploration (why, if DRC is so good) will be reassured that the newsflow is back on home turf, and is related to expanding the footprint in a logical way.
Autins Group plc (AUTG), the UK and European automotive acoustic and thermal insulation specialist, is pleased to announce that it has appointed Nick Dashwood Brown as its Consultant Head of Investor Relations as part of its ongoing commitment to improving shareholder engagement and communication. Nick has ten years’ experience in Investor Relations (“IR”) for AIM-listed companies, and was most recently Head of IR at Anexo Group plc.
Comment: Well, all of this sounds wonderful in terms of Mr Dashwood Brown moving from a listed company that hardly anyone has heard of, to another one which remains below the radar. Hopefully, AUTG will garner more attention than Anexo did.
Roadside (ROAD), the UK energy forecourt real estate business, confirms that it has received a further £14 million of cash proceeds from CGV Ventures 1 Ltd following the exercise of the Put Option Agreement relating to the second tranche of its shareholding in Cambridge Sleep Sciences. The proceeds will be used to facilitate completion of the acquisition of Hoch Group Ltd. The balance of Roadside’s interest in CSS can be sold in the period from 1 September 2027 to 30 September 2027 for consideration of up to £20 million following the exercise of the Put Option Agreement in relation to the Company’s remaining shareholding in CSS.
Comment: It would appear that there is no end to the ROAD cash generation, something which reminds us of the momentum the company has in its chosen forecourt strategy, one that remains very much in focus, if only in the wake of the recent oil price surge, as well as the merits of its out of town focus.
Invinity Energy Systems plc (IES), a leading global manufacturer of utility-grade energy storage, announced the sale of a 32 MWh battery system to Pacific Steel Group, a leading reinforcing steel fabricator in the United States, for installation at their Mojave Micro Mill project in Kern County, California, the first new steel mill to be built in the state in 50 years. The battery is being supported with grant funding from the California Energy Commission’s LDES Program that was awarded to PSG in 2025 and, once delivered, is expected to be the largest vanadium flow battery system in North America to date.
Comment: One might have expected a rather better initial reaction to today’s news from IES, given that this is a chunky order for the company in the US. Perhaps the explanation for the market being relatively non-plussed is that the shares have already rocketed over 80% in the past month, so perhaps need to consolidate further.
Fusion Antibodies plc (FAB), specialists in pre-clinical antibody discovery, engineering and supply for both therapeutic drug and diagnostic applications, updated on the progress of the InnovateUK Launchpad grant awarded to the Company in collaboration with Queen’s University Belfast (QUB). The primary purpose of the Grant is to develop a humanised antibody targeting and activating the DR5 protein on cancer cells for the treatment of cancers resistant to other therapies, with the aim of producing a clinic-ready therapeutic asset capable of being licensed to a third-party pharmaceutical or biotechnology company. The Grant funds are being provided by UK Research & Innovation (“UKRI”) and InvestNI. Total Grant funding is over £808K of which up to £545K of direct non-dilutive funding available to Fusion.
Comment: For cash hungry biotechs the name of the game certainly is securing as much of the stuff as possible. The ideal scenario is what FAB has served up today in terms of non-dilutive funding, with the idea being that if the market expects more of this we could be due a fresh run higher for the share price back towards year highs in the 20p zone.
Pulsar Helium Inc. (PLSR), a primary helium company, provided a technical update on the Company’s Topaz Helium Project in Minnesota. This update follows the Company’s announcements of May 28 and May 29, 2026, in which Pulsar welcomed the signing into law of new Minnesota helium-specific development legislation and announced the acquisition of approximately 1,360 acres of strategic surface land at the Topaz Project. Investors are referred to those announcements for further detail on those matters. This press release provides an integrated technical and land position update incorporating the full context of the Company’s recent developments.
Comment: Another land grab for PLSR, which is fast shaping up to overtake the current £160m market cap. Indeed, it would appear that anything towards the 80p level / recent support, should be a good platform for a fresh leg to the upside and all time highs in the 140p by the end of this year.
Union Jack Oil plc (UJO) confirmed that the Board of the Company received a non-binding indicative offer letter from Reabold Resources plc (RBD) on 1 June 2026 regarding a possible all share offer by Reabold for the entire share capital of Union Jack. The Board has evaluated the Proposed Transaction with its advisers and has provided due diligence access to Reabold. Discussions with Reabold are ongoing and there can be no certainty that any offer will be forthcoming or proceed, nor as to the terms of any such offer.
Comment: Although a bid for UJO from RBD may at first glance appear to be a bolt from the blue involving strange bedfellows, there is plenty of domestic synergy between the two companies in terms of interests. Indeed, given the recent history of UJO it should be welcoming a deal with both arms.
Beeks Financial Cloud Group plc (BKS), a cloud computing and connectivity provider for financial markets, announced that it has secured a five-year software contract with an existing analytics customer for the deployment of Beeks Analytics and Market Edge Intelligence®, with a total contract value (“TCV”) of $3.0 million. This brings the TCV of contracts secured in June 2026 to approx. $10 million.The customer, a leading North American exchange operator, has expanded its deployment of Beeks Analytics and will also deploy Market Edge Intelligence® in New York. Revenue recognition is expected to commence immediately.
Comment: It has been an embarrassment of riches for BKS this month, something which rather makes us think that the recovery here for the share price is here to stay. Above the 200 day moving average at 207p we should be on for January resistance at 243p by the end of next month.
Team Internet Group plc (TIG), the global internet company that generates recurring revenue from powering identity and discovery online, today provided a trading update and gives notice that it will publish its audited Annual report for the financial year ended 31 December 2025 during the week ending 26 June. The FY25 financial results remain consistent with the trading update released on 16 March 2026 and remain in line with or above analyst expectations.
Comment: TIG is another of the company’s covered here on a charting basis, where the technicals were flagging a significant fundamental improvement. Today’s break through recent 42p resistance looks as though it will be a lasting one, something which will end an extended bear run.
Bradda Head Lithium Ltd (BHLL), the North America-focused lithium development group, announced that, following the recent approval of the Exploration and Drilling Permit (see announcement dated 26 May 2026), new surface sampling assay results at the Whistlejacket Lithium Project demonstrates strong lithium prospectivity across multiple target areas. Additionally, Bradda Head Lithium and Rio Tinto subsidiary Kennecott Exploration Company (“KEX”), have also completed their first technical meeting and formally established the Technical Committee for the Whistlejacket project in Arizona. The meeting included a review of the current exploration programs, technical priorities, and upcoming drill targets identified across the project area.
Comment: BHL has played a blinder on many fronts since the beginning of last month, and the shares have responded in kind. It would appear that the market has finally begun to appreciate the strategic value of the company as well as the way that the majors are taking note, something which is underlined by today’s Rio Tinto connection.
Hamak Strategy Limited (HAMA), a Company combining advanced gold exploration in West Africa with a Digital Asset Treasury Management strategy, announced further high-grade Reverse Circulation (“RC”) drilling results from the Akoko oxide gold project in southwest Ghana. HAMA said “High-grade intersections continue to be made near surface in the Akoko North area, with hole 2026-043 returning very encouraging results of 3.42g/t Au over 23m from 15m. In this wide section higher grade intervals of 24.01g/t Au over 1m and 6.30g/t Au over 2m were intersected. Notably, this hole has also proven that gold mineralization continues eastward beyond the previously known mineralised area. Drilling of the Akoko North prospect is now complete and the rig is being mobilised to Akoko South. We will continue to provide updates as and when further results become available.”
Comment: HAMA is certainly going for it as far as the exploration is concerned, and so far it is paying off as far as the grades being delivered. Indeed, it would appear that we are being treated to a bear trap rebound from below the April support at 0.72p off the back of the encouraging news.
First Class Metals PLC (FCM), a UK-listed gold exploration company with assets in Ontario, Canada, updated regarding the proposed monetisation of one of its assets, originally announced on 5 June 2025. As announced on that date, the Company entered into a non-binding Letter of Intent (“LOI”) in relation to the proposed monetisation of one of its Ontario gold assets. The Company now confirms that it has executed a definitive Site Programme and Alternative Land Use Rights Agreement in respect of the Kerrs Gold project, 100% owned by FCM, with nGRND Inc.
Comment: If nothing else, we are looking at a busy time as far as FCM is concerned, something which is understandable given seasonal factors, as well as the need for the company to build on recent solid momentum, as well as a successful fundraise.
Forgent plc (FORG), the technology-led energy transition company, announced the assay results of its maiden field programme at the Green Rocks Copper-Gold project located in the Ashburton Basin, northwest Western Australia. FORG said “We are delighted with the results. Grade is one of the key drivers of exploration success and this maiden field programme has confirmed exceptional copper and gold grades at Green Rocks. Importantly, these results have validated historic data, expanded the known surface mineralisation and identified multiple undrilled targets. The next step is to drill test these outcropping zones along strike and better understand the widths and continuity of the mineralisation. This will involve heritage surveys and submission of a Programme of Work to DMPE. We look forward to updating shareholders as work progresses.”
Comment: Even before today’s very positive news, it did appear that there were appropriate stirrings in the share price, as if to anticipate that the great bear run for FORG was finally at an end. Do we dare to dream that the company is finally going to deliver a lasting turnaround?
Quantum Helium Limited (QHE) provided an update on the Extended Production Test (“EPT”) at the Sagebrush-1 well in Colorado, where the Company holds a 90% working interest, which remains ongoing. The EPT has been successful in confirming helium-bearing gas, reservoir connectivity and commercial oil production from the Leadville Formation, while generating significant new data to support future development and resource evaluation. QHE said “We are nearing completion of a complex testing programme designed to evaluate reservoir potential and identify the most effective engineering solutions for field development. The preliminary results obtained to date have exceeded our expectations in several key areas and we look forward to conducting a detailed review of the data to help guide the future development strategy for both helium and oil across Sagebrush and the wider portfolio.”
Comment: The market has responded well to today’s update from QHE, which is perhaps just as well given the sharp flip to the downside from the April peak, after it raised a chunky £5m. Given the company has raised so much cash, it is easy to see how the market can now look forward to development once the data is in.
