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Volt Resources transforms to graphite producer on completing ZG Group acquisition “Volt now has the potential to become a key market participant in the supply of graphite and battery anode materials into the growing European market with excellent access to other markets in the USA and the Middle East,” says MD. After acquiring a controlling interest in the ZG Group, Volt is one of few ASX-listed graphite producers. Volt Resources Ltd (ASX:VRC) has officially completed its transition to become a graphite producer, following the acquisition of a 70% controlling stake in the Ukrainian Zavalievsky Group (ZG) of Companies. That shift is now complete, with news on Tuesday morning that Volt had entered into a new US$4 million convertible security with SBC Global Investment Fund, drawn down in full to fund the acquisition. ....
Volt Resources Ltd s (ASX:VRC) (FRA:R8L) Trevor Matthews tells Proactive s Andrew Scott they ve executed a term sheet with European investment company,. ....
FTSE 100 little moved; illegal cryptocurrency mine found near Birmingham The UK index of blue-chip stocks advanced 20 points to 7,039 FTSE 100 up 20 points Police uncover illegal cryptocurrency mine in England 1.45pm: Illegal cryptocurrency mine found near Birmingham The FTSE 100 was little moved in the early afternoon, rising 20 points to 7,039. The police has uncovered an illegal cryptocurrency mine in a warehouse near Birmingham. The huge energy usage of Bitcoin miners means that some less scrupulous entrepreneurs are turning to illegal means to power their operations. Mining Bitcoin is not illegal, however, the 100 bitcoin mining machines at the Great Bridge Industrial Estate were found to be powered by electricity unlawfully hived off from the mains supply. ....
FTSE 100 trims gains again before the close; Wall Street enjoying strong end to the week Companies FTSE 100 trims gains again before the close; Wall Street enjoying strong end to the week London s leading index advanced 3 points to 7,023 on Friday FTSE 100 up 21 points French energy giant Total to rebrand Positive day for US stocks 5.10pm: Footsie ends on the right side of the ledger, albeit barely The FTSE 250 ended Friday up 3 points at 7,023, and the FTSE 250 added 25 points, 0.1%, to finish at 22,684. Stock markets are on the up on the final day of the week, with a muted performance from the FTSE 100 outpaced by better returns on Wall Street and in continental Europe, IG Chief Market Analyst Chris Beauchamp wrote. With May all but over apart from next Monday, likely to be a dull day indeed, the month is ending on a positive note, as strong momentum continues to carry markets higher while investors learn to acclimatise to an environment o ....