Gana Media Group (GANA) announced that Estadio Gana, the Groups Mexican gaming platform, has signed an agreement with One Services Mexgro S.A., an Influencer Agency that is well known in Mexico, to execute a large-scale influencer marketing campaign. GANA said “This partnership reflects the increasing importance of creator-led marketing within the sports and igaming industry. By collaborating with credible sports personalities who already have strong engagement with niche communities, Estadio Gana aims to build a more authentic and scalable connection with Mexican audiences”
Comment: Bring back Mobile Streams. The focus on Mexico and the use of influencers has so far not caught the imagination of the market, even though GANA does appear to have some supporters on X willing the share price back up.
URU Metals Limited (URU) announced that the fieldwork component of the ground-based frequency-domain electromagnetic (“FDEM”) survey at the Zeb Nickel Project has now been completed. The survey forms part of the Company’s ongoing geophysical programme designed to refine and prioritise drill targets associated with the interpreted magmatic conduit system and potential semi-massive to massive nickel sulphide mineralisation. The Company is now awaiting the final processing, interpretation, and integration of the ground-based gravity and FDEM data with the previously completed airborne gravity, magnetic, and Spectrem electromagnetic datasets.
Comment: Given the explosion in interest for explorers / developers, even those companies with not much to explore or develop, it is quite an achievement to see that shares of URU have managed to flatline since the autumn. Perhaps someone, somewhere can muster some excitement around the company regarding its FDEM survey – not just the RNS Hotlist?
Novacyt S.A. (NCYT), an international molecular diagnostics company with a broad portfolio of integrated technologies and services, announced the launch of Yourgene® Insight DPYD assay, an assay utilizing genetic Insights for safer chemotherapy treatments to align with updated testing guidelines.
Comment: We now have the explanation as to the recent white knuckle ride for NCYT – obviously nothing leaked here. Interestingly enough, after the shares more than doubled the other week, the rug was pulled ahead of today’s news. Perhaps it is time to go up again…?
Avacta Therapeutics (AVCT), a clinical stage biopharmaceutical company developing pre|CISION, a tumor-activated oncology delivery platform today published its unaudited preliminary results for the 12 months ended December 31, 2025. AVCT “Our strong financial position, having raised £32.5 million over the last 18 months, provides us with a cash runway into early Q1 2027 and through key value inflection points. This promises to be a transformative period for Avacta and our patients.”
Comment: Rather than a cure for cancer, we have a company spending tens of millions on delivering other people’s cancer drugs to where they are needed. Not sure whether this is a game changer, even though the company continues to be a sacred cow amongst private investors, and anyone looking for clickbait.
Dr. Martens (DOCS) announced Preliminary results for the 52 weeks ended 29 March 2026. DOCS said “In FY26 we returned the business to profit growth, delivering a 61% increase in adjusted PBT, with revenue in line with guidance, and made good progress pivoting the business to a consumer‑first operating model. Shoes were the standout performer, up 19%. Our focus on execution is paying off: we are improving the quality of revenues whilst strengthening margins, cash generation, the Balance Sheet and overall model resilience.”
Comment: Of course, the perfect form of retail therapy in a cost of living crisis is to buy a heavy, strange shaped shoe. This kind of counter-intuitive thinking is clearly the type of thing which has led to a 61% rise in PBT. The shares near recent 60p lows may offer some enthusiastic podophiles an entry point in the wake of today’s news.
Winvia Entertainment (WVIA), a technology-led entertainment business, focused on prize draw competitions and online gaming, today announces its final results for the year ending 31 December 2025. Net revenue increased to £170.3 million (FY24: £38.1 million). Adjusted EBITDA increased to £31.2 million (FY24: £6.6 million) in line with recently upgraded expectations. WVIA said “We have carried this strong momentum into 2026, which gives us confidence in our ability to further increase recurring revenues and market share. With a robust balance sheet, a clear consolidation opportunity in the fragmented UK prize draw market, and continued investment in technology and AI, we are well positioned to deliver sustainable long-term value for shareholders.”
Comment: Having never heard of the company previously, why not cover it again. While most of us know no more or less about the prize draw area than Omaze, it would appear that our friends at WVIA are gathering fundamental momentum, something which should accelerate in the wake of yesterday’s acquisition news.
Thor Explorations Ltd. (THX) provided an operational and financial review for its Segilola Gold mine, located in Nigeria, and for the Company’s mineral exploration properties located in Nigeria, Senegal and Cote D’Ivoire for the three months to March 31, 2026. 15,417 ounces of gold sold (Q1 2025: 22,750 oz) with an average gold price of US$4,820 per oz (Q1 2025: US$2,720). Revenue of US$74.3 million (Q1 2025: US$64.0 million). EBITDA of US$55.8 million (Q1 2025: US$43.6 million).
Comment: The share price peak for most gold producers was in January as the gold price went mad. Now it is all about consolidation, and seeing whether the likes of THX can maintain production, exploration and development, while keeping a lid on AISC. So far it would appear that the company is spinning all these plates successfully.
Talisman Metals PLC (TLM) reported the results of its recently completed stream sediment sampling program at the Company’s Fougnar licenses, which are 25km west of the Tizert copper-silver mine. TLM said “The main work focus at the Fougnar Project to date has been on the northern section, due to outcropping mineralisation. However, significantly copper-anomalous samples were collected on the southern part of the Fougnar Project over a 1km long interval. We now have expanded the target zone to an even larger area to drill.”
Comment: Although TLM is a highly prospective company, in a decent jurisdiction, since the February flurry in the shares we have seen it lose out in terms of the PR battle with lesser, more spivvy companies. Perhaps today’s news will re-focus minds and wallets in coming days.
Ascent Resources Plc (AST), the onshore US focused oil and gas company, announced that it has today entered into a Deed of Amendment and Restatement with Riverfort Global Opportunities PCC Ltd in respect of its existing secured loan facility. AST said “This agreement with Riverfort provides the Company with additional short-term flexibility while further reducing the immediate cash repayment burden. Combined with the settlement of a portion of our trade creditors in shares, the transaction strengthens the balance sheet and demonstrates continued support from our key finance partners.”
Comment: While we await serious share price upside delivering news (Slovenia claim), we see that AST is re-jigging its finances, albeit we are not talking big numbers here. Perhaps today’s news will allow the shares to revisit recent highs towards 0.7p.
Empire Metals Limited (EEE), the AIM-quoted and OTCQX-traded exploration and development company, announced that its wholly-owned Australian subsidiary, Empire Metals Australia Pty Ltd, has executed a definitive sale and purchase agreement for the sale of its 75% interest in the Eclipse Mining Lease, a non-core gold asset located near Kalgoorlie, Western Australia, on the terms previously announced.
Comment: Oh the gossip I could spill regarding EEE, coincidentally delivered by two significant experts in the mining space in conversation yesterday. All that can be said in the wake of this is that one looks forward to an Australia listing, the pattern of director buy / sells, and how much of last year’s 4x share price rise can be maintained over coming months. Can’t wait.
IG GROUP HOLDINGS (IGG) announced an AGM trading update. Breon Corcoran, CEO, said: “We have delivered a strong first quarter. Disciplined execution of our strategy, a broader product offering and favourable trading conditions have driven organic revenue growth and a fifth consecutive quarter of sequential growth in active customers. With commercial momentum accelerating, we are upgrading our guidance for 2026 and medium-term outlook.”
Comment: Given the lay of the land in terms of tax, and given the geopolitical situation, it could be said that Coco the Clown could run IGG successfully at the moment. That said, there is cut throat competition, and presumably, most of us are not flush enough with cash, or good enough at punting the oil price to take advantage of the opportunities in the markets.
Hamak Strategy Limited (HAMA), a Company combining traditional gold exploration in West Africa with a Digital Asset Treasury Management strategy, announced that it has received further encouraging assay results from the ongoing 4,125m reverse circulation (“RC”) drill programme at the Akoko oxide gold project in southwest Ghana. HAMA said “I am delighted to report on further very encouraging gold assays from our on-going RC drill programme at the Akoko project in southwestern Ghana. The results continue to validate our geological model, as interpreted from historical drill programmes, with wide, near surface oxide gold mineralization being intersected. The consistency of intersections will assist in the confidence of the independent and industry standard mineral resource estimate and preliminary economic assessment that we plan to commission towards the end of the current drilling programme. I look forward to providing further updates from our drilling at Akoko in due course”.
Comment: As I have stated recently, it is helpful to see HAMA going back to its day job in terms of exploration in West Africa. That said, given how far the shares have fallen from last year’s peaks HAMA may have to find El Dorado to see its peak 7p share price anytime soon.
Currys (CURY), a leading omnichannel retailer of technology products and services, today issues the following trading update for the year ending 2 May 2026. Group like-for-like sales growth strong at +4% for both the 16-week period since Peak and the full year. Full year adjusted PBT expected to be around £191m, +18% YoY (previously guided to £180-190m).
Comment: While all the joy from the company regarding how well it has so far managed to swerve the Iran conflict is welcome, it would actually be useful to get a breakdown of what the punters are actually buying. For instance, the Mac Neo or the Pocket 4 do seem to be flying off the shelves.
