Top 5 Most Read RNS's on Vox Markets for Monday 17th October 2022

Episode 964,   Oct 17, 2022, 08:07 AM

Top 5 Most Read RNS's on Vox Markets for Monday 17th October 2022

5. Rockfire Resources #ROCK - Subscription with UK Institution and Directors

It has raised £375,000, before expenses, through a UK institutional investor and certain Rockfire employees, including a number of Directors and a member of senior management subscribing at a price of 0.125P.

4. Horizonte Minerals #HZM - Feasibility Study Contract Awarded for Vermelho

It has awarded Wood Plc the principal engineering contract to undertake the Feasibility Study for Horizonte's 100%-owned Vermelho Nickel-Cobalt Project.

3. eve Sleep #EVE - Appointment of Administrators & Suspension

Cheryl Calverley, CEO of eve sleep plc comments:

"It is heartbreaking to have to acknowledge that the best way to preserve value for creditors, those partners and suppliers that have helped us on this journey, is to now terminate the formal sale process and appoint administrators"

2. ASOS #ASC - Response to media reporting

It is in the final stages of agreeing an amendment to the future financial covenants in its Revolving Credit Facility, which matures in July 2024.

1. Audioboom Group #BOOM - Q3 Trading Update

Total revenue for the nine months to 30 September of US$57.1 million, up 44% on the same period last year (US$39.7 million)

Quarterly revenue of US$16.2 million vs Q3 2021: US$16.9 million, as global economic headwinds impacted advertising demand - however, a recovery is already underway with August and September up on the July low-point and further improvements forecast throughout Q4 with management expecting a positive end to the year.