Top 5 Most Read RNS's on Vox Markets for Tuesday 20th December 2022

Episode 1084,   Dec 20, 2022, 08:11 AM

Top 5 Most Read RNS's on Vox Markets for Tuesday 20th December 2022

5. Quantum Blockchain Technologies #QBT - Grant of Options

The board of Quantum Blockchain Technologies has entered into a number of additional consultancy agreements with industry experts who are now part of the Company's research and development team.

The Company has granted 37,500,000 options to certain consultants, members of the R&D team and in house staff, over new ordinary shares of 0.25 pence each in the Company.

4. Alien Metals Limited #UFO - Alien acquires 90% in Hamersley Iron Ore Projects

Alien Metals announces, further to the RNS dated 02 November 2022 whereby the Company exercised its option with Windfield Metals to acquire an additional 39% interest in the Hancock and Brockman projects, that the transaction has now closed with Alien now the legal and beneficial owner of a 90% direct interest in the licences associated with the Projects.

3. Predator O&G #PRD - Conditional Acquisition and Challenger settlement

Predator Oil & Gas has today entered into a binding Term Sheet with Challenger Energy Group, providing for:

The acquisition of Challenger Energy's 83.8% interest in the Cory Moruga asset; and a mutually agreed final settlement in relation to the Well Participation Agreement under which a CO2 enhanced oil recovery project.

2. Nuformix #NFX - NXP004 Update

The Company is pleased to announce that the results from studies demonstrate that the two lead NXP004 cocrystals selected out-perform Lynparza®, a drug currently marketed by AstraZeneca both in terms of rate and extent of dissolution and release of olaparib.

1. Serica Energy #SQZ - PROPOSED ACQUISITION OF TAILWIND ENERGY

Serica Energy has entered into an agreement to acquire the entire issued share capital of Tailwind Energy Investments.

The consideration for the acquisition comprises:

The issue of up to 111,048,124 new ordinary shares in Serica & a cash payment on Completion of £58.7 million.

On the basis of the Serica closing price as of 19 December this would be equivalent to £367 million.

Estimated proforma combined production in 2023 will rise significantly to between 40,000 and 45,000 boe/d putting Serica in the top 10 UKCS producers and top 3 UKCS listed independent producers.