Top 5 Most Read RNS's on Vox Markets for Friday 9th December 2022

Episode 1071,   Dec 09, 2022, 07:51 AM

Top 5 Most Read RNS's on Vox Markets for Friday 9th December 2022

5. Zephyr Energy #ZPHR - Award of Grant Funding

Zephyr Energy announce the signing of an amended cooperation agreement detailing an additional US$1.0 million in non-dilutive research grant funding for the Company. These funds will be utilised for data gathering purposes during the ongoing drilling of Zephyr's well in the Paradox Basin, Utah.

4. Oriole Resources #ORR - Update on Thani Stratex Resources

Thani Stratex Resources Limited has advised the Company that it has now formally relinquished the Hodine licence in Egypt. Accordingly, an amount of £1.45 million, relating to the carrying value of TSR, will be written down in the Company's accounts at year end.

3. Aggreko Limited - Recommended Cash Offer for Crestchic plc

The boards of Aggreko and Crestchic are pleased to announce that they have reached agreement on the terms and conditions of a recommended cash offer to be made by Aggreko for Crestchic at 401p per share.

2. EQTEC #EQT - Agreement of loan facility with Altair Group

The Facility will provide the Company with an up to £2.0 million unsecured loan with a term of 24 months from the date of execution with an annual interest rate of 8.0% on funds drawn and outstanding, with interest payable quarterly in advance. Additionally, the Company will pay a 2.5% fee for arrangement of the Facility.

1. Argo Blockchain #ARB - November Operational Update

During the month of November, Argo mined 198 Bitcoin or Bitcoin Equivalents (together, BTC) compared to 204 BTC in October 2022. The decrease in BTC mined was primarily due to an increase in the Bitcoin network difficulty in November compared to October. The Company's total hashrate capacity continues to be 2.5 EH/s.