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Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF, FRA:VD5N) has lined up non-dilutive financing of up to $15 million for its Paradox Basin project in Utah, with Atlas Oil Company set to be repaid purely from future production. No shares will be issued and no working interest will be sold.
Quantum Blockchain Technologies PLC (AIM:QBT, FRA:BYA1) has received US approval for a patent application covering technology designed to cut redundant calculations in Bitcoin mining hardware. The company says it will now explore licensing deals with established ASIC manufacturers.
Pathos Communications (AIM:NEWS) expects first-half revenue to jump 14% to $7.3 million, with adjusted EBITDA up 31%, as its AI platform and new sales structure start to deliver. Monthly client sign-ups are up around 30% and repeat customers have more than doubled.
AOTI (AIM:AOTI) says underlying first-half revenue grew 18%, ahead of its full-year guidance, with Veterans Administration demand bouncing back strongly. Proposed nationwide Medicare coverage for its wound-care technology could be transformative once finalised.
Scancell Holdings PLC (AIM:SCLP, OTC:SCNLF, FRA:SCP) has confirmed its UK fundraise raised £15.7 million, with the retail offer upsized after strong demand. The money will help fund a global phase III trial of its melanoma treatment alongside its merger with US biotech Neuphoria.
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