Top 5 Most Read RNS's on Vox Markets for Friday 27th January 2023
Episode 1151, Jan 27, 2023, 07:42 AM
Top 5 Most Read RNS's on Vox Markets for Friday 27th January 2023
5. Mode Global Holdings #MODE - Mode prepares for wind-down
Following the announcement on 19th January 2023 that the Group has been unsuccessful in sourcing funding, the Board has made the difficult decision to initiate wind-down of customer operations for Fibermode Ltd, JGOO Ltd and Greyfoxx Ltd.
4. Chesterfield Resources #CHF - Disposal
Pacton Gold has advised Chesterfield Resources PLC that it has determined not to proceed with the purchase of the Adeline project on the terms announced on 19 October 2022. This is in spite of the fact that investor interest in the Adeline project, as solicited by Pacton, has been robust.
3. Coro Energy #CORO - Philippines Renewables Restructuring
Coro Energy announces that, in anticipation of and in preparation for achieving Ready to Build status in the Company's two 100MW Philippines renewables projects, the Company has restructured its arrangements with its partners in country, increasing its dividend entitlement.
2. Versarien #VRS - Graphene-Wear OEKO-TEX Eco Passport certification
Versarien announces that the Company has secured OEKO-TEX® Eco Passport certification for Versarien's proprietary Graphene-Wear® technology.
OEKO-TEX's® Eco Passport is an independent certification system for chemicals, colourants and auxiliaries used in the textile and leather industries.
1. Amigo Holdings #AMGO - Update on Capital Raise and Pilot Lending
The Company has received a number of expressions of interest to support the Capital Raise. However, this remains below the targeted £45m of equity funding that the business requires and discussions are therefore ongoing.
As outlined previously, if the Capital Raise is not completed, or the Board determines that it cannot be achieved, by 26 May 2023, the Scheme will revert to the fallback solution outlined in the Scheme, which is an orderly wind-down of the business.
5. Mode Global Holdings #MODE - Mode prepares for wind-down
Following the announcement on 19th January 2023 that the Group has been unsuccessful in sourcing funding, the Board has made the difficult decision to initiate wind-down of customer operations for Fibermode Ltd, JGOO Ltd and Greyfoxx Ltd.
4. Chesterfield Resources #CHF - Disposal
Pacton Gold has advised Chesterfield Resources PLC that it has determined not to proceed with the purchase of the Adeline project on the terms announced on 19 October 2022. This is in spite of the fact that investor interest in the Adeline project, as solicited by Pacton, has been robust.
3. Coro Energy #CORO - Philippines Renewables Restructuring
Coro Energy announces that, in anticipation of and in preparation for achieving Ready to Build status in the Company's two 100MW Philippines renewables projects, the Company has restructured its arrangements with its partners in country, increasing its dividend entitlement.
2. Versarien #VRS - Graphene-Wear OEKO-TEX Eco Passport certification
Versarien announces that the Company has secured OEKO-TEX® Eco Passport certification for Versarien's proprietary Graphene-Wear® technology.
OEKO-TEX's® Eco Passport is an independent certification system for chemicals, colourants and auxiliaries used in the textile and leather industries.
1. Amigo Holdings #AMGO - Update on Capital Raise and Pilot Lending
The Company has received a number of expressions of interest to support the Capital Raise. However, this remains below the targeted £45m of equity funding that the business requires and discussions are therefore ongoing.
As outlined previously, if the Capital Raise is not completed, or the Board determines that it cannot be achieved, by 26 May 2023, the Scheme will revert to the fallback solution outlined in the Scheme, which is an orderly wind-down of the business.