Adriatic Metals, Foresight Solar Fund, Great Southern Copper, Helium One Global, Europa Oil & Gas, Valereum - Small Cap Snapshot
Published: 04:00 21 May 2025 EDT
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) has confirmed takeover talks with Canada’s Dundee Precious Metals after media speculation. Dundee has until 17 June to make a formal offer or walk away.
Foresight Solar Fund Ltd (LSE:FSFL) said it made a formal acquisition proposal but decided not to go ahead. The fund still sees industry consolidation as key and continues to explore strategic options.
Great Southern Copper PLC (LSE:GSCU) has completed scout drilling at its Viuda Negra prospect in Chile, hitting quartz-magnetite veins in all holes. Samples from its Mostaza project are also now at the lab, with more on the way.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has kicked off drilling at its sixth Galactica well in Colorado. It’s targeting the Upper Lyons gas reservoir and plans to complete testing soon.
Europa Oil & Gas (Holdings) Plc (AIM:EOG) has agreed a $500,000 revenue swap linked to Wressle 1 production. It’s a non-dilutive deal that boosts cashflow without affecting future financing options.
Valereum PLC (AQSE:VLRM) has invested in DigiShares, a real estate tokenisation company. The $1.35 million investment will be made in four tranches, with the first already complete.
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