Proactive news headlines: Pantheon Resources, Oxford Cannabinoid, Ananda, Versarien and more

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Trident Royalties PLC (AIM:TRR) hailed the early developments at the Thacker Pass project in Nevada by operator Lithium Americas Corp (TSX:LAC, NYSE:LAC) (LAC) and the “tangible progress” from the US government after it announced updated guidance for mining claims.

The AIM-listed company has a 60% interest in a gross revenue royalty over the entirety of Thacker Pass.
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As Japanese stocks rose to a new 33-year high, many investors will have been thinking about how best to tap into the Asian archipelago.

While Japan is often used as a warning to those who put too much faith in equities due to the economy’s ‘lost decade’, with a moribund performance in the 90s and first decade of the new millennium, along with years of persistent deflation.
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ATOME Energy’s 2023 represents a “year of delivery” according to Liberum, which raised its target price to 191.5p from 180.4p.

Analysts at the bank said the energy company’s Phase 1 flagship 120MW Villeta project in Paraguay i seeing the bulk of activity and is on track for full production of green ammonia by 2025.
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GSTechnologies Ltd (LSE:GST) told investors it intends to accelerate the implementation of its GS Money strategy, as it announced a £750,000 equity raise.

The growth strategy may include potential acquisitions it added.
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Live Company Group has announced the full line-up to its KPOP Lux Madrid Concert taking place on 22 July.

Korean music groups Shinee, Stayc, Cravity and Xikers have joined the line-up alongside Enhypen, Ateez and Ive.
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Chariot Ltd (AIM:CHAR, OTC:OIGLF) Anchois gas project looks set to transform Morocco’s energy security dynamic at a time of long-term instability in European gas markets, Liberum Capital analyst Sam Wahab said in a note.

Liberum in a note began its coverage with a ‘buy’ recommendation with Wahab pitching a price target of 45p, suggesting substantial upside to the current price of 16.12p.
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Pantheon Resources PLC (AIM:PANR,OTCQX:PTHRF) new and oversubscribed US$22mln equity funding represents a “show of force” and could lead to a rerating of the explorer’s shares, that’s according to stockbroker WH Ireland.

In a statement this morning Pantheon confirmed it had closed the books on a brief and successful bookbuild process which initially sought to raise US$10.5mln – it will now issue 104.17mln new shares priced at 17p each through the placing.
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Ceres Power is a compelling investment at current levels, believes broker Liberum, which likes the fuel cell business for its potential to disrupt incumbent alkaline and PEM competitors.

According to the broker, Ceres is a “must-have” in any portfolio of energy transition investments given it has both fuel cell (power) and electrolyser (hydrogen production) exposure.
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When Shore Capital Markets initiated coverage on Seeing Machines earlier this month, the broker saw aviation as a nascent opportunity for the AIM-quoted vision-based autotech compny.

Yesterday’s announcement that Seeing Machines has partnered up with Raytheon subsidiary Collins Aerospace in a US$10mln (£8mln) collaboration appears to have vindicated this line of thought.
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Oxford Cannabinoid Technologies Holdings PLC (LSE:OCTP, OTCQB:OCTHF) (OTCH) shares rose again after it confirmed recruitment for a phase 1 trial of its lead pain relief would start immediately after the MHRA and Welsh agency REC 2 gave their approval.

OCTP will conduct the trial in healthy volunteers, with a single ascending dose protocol to test tolerability and safety.
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Versarien PLC (AIM:VRS, OTC:VRSRF) shares jumped 9% higher to 1.25p on Wednesday morning after it said trials of a precast concrete containing its Cementene water-based graphene mixture were shown to maintain its strength with 20% of the cement removed.

The initial results, carried out in tests at the accredited laboratory of Ireland-based Banagher Precast Concrete, “demonstrate the significant potentia to reduce CO2 emissions without impacting the performance of the concrete”, the AIM-listed company said.

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