(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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Trident Royalties PLC - London-based mining royalty company - Reports receipts totalling USD3.6 million from exposure to gold, copper and iron ore in the quarter ended March 31. This represents an increase of 63% against the same quarter a year prior. The gold offtakes portfolio sees a particularly strong performance, with a 48% year-on-year increase when compared on a like-for-like basis. Chief Executive Adam Davidson says: "It has been a positive quarter for the existing portfolio, with significant updates at the Thacker Pass Lithium Project, the Mimbula Copper Project continuing to ramp production, and the gold offtake portfolio delivering strong growth and cashflows."

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Amaroq Minerals Ltd - Greenland-focused mine development company - Completes geophysical survey across the Nanoq, Siku and Jokum's Shear gold projects. Results reveal numerous potential gold trap structure that coincide with known high grade samples, the company says. Chief Executive Eldur Olafsson says: "As we progress our development programme at Nalunaq, I'm delighted that we continue to identify further significant gold opportunities across Southern Greenland. The work undertaken across Nanoq and our other advanced gold exploration projects will help us to grow our underlying resource base as we advance towards production at Nalunaq."

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Haydale Graphene Industries PLC - Ammanford, Wales-based graphene technology company - Announces it has been awarded SMART Flexible Innovation Support from the Welsh government to accelerate the development of the company's graphene underfloor heating product and range of biomedical sensor inks. SMART FIS will provide Haydale with funding totalling GBP182,843 over a two-year period. Says part of this funding will enable it to accelerate the development of its prototype graphene underfloor heating towards a market-ready CE product that can be tested in a home environment.

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Beowulf Mining PLC - Sweden, Finland and Kosovo-focused mining company - Announces that Chief Executive Kurt Budge is stepping down from the company with immediate effect to pursue other business interests. Budge will be replaced by Johan Rostin who will serve as chair and interim CEO until a permanent successor is appointed. Company says it is "confident" in this interim solution.

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Amedeo Air Four Plus Ltd - Guernsey-based aircraft investment company - Says the final quarter ended March 31 was "in some respects" a "watershed" for the company. Notes that Thai Airways switched from power by the hour rent to fixed monthly rentals and consequently the airline is operating the company's aircraft "more and more". This means that the company is "more confident" in its prospects. Says it continues to assess the variables that affect these aircraft and when it is best to realise their value for shareholders. Acknowledges that some shareholders want the company to sell the aircraft. Company says that it is "confident" that the package of aircraft and long leases has "substantial value" in excess of loan exposure and the funds diverted previously from shareholders to keep lenders during the period when the airline was not paying rent.

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Verditek PLC - technology company that develops, manufactures and sells lightweight solar panels - To raise GBP500,000 before expenses by the issue of secured convertible loan notes. Completion is expected next week. Notes carry a coupon of 7% per year. Verditek will use the proceeds of the issue principally to repay the Crowd for Angels Bonds. Gavin Mayhew, a non-executive director of the company, has agreed to subscribe for GBP165,000 of the notes.

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Hyve Group PLC - London-based events organiser - Notes that the court meeting and general meeting held on Wednesday in connection with the cash offer for the company by Heron UK Bidco Ltd, a company controlled by funds advised by Providence Equity Partners LLC, have passed. Completion of takeover remains subject to sanction of the scheme by court. The scheme court hearing is scheduled for May 18. In March, Hyve agreed to a GBP320 million takeover from Providence Equity Partners, a Rhode Island, US-based media-focused equity investment firm.

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Cadence Minerals PLC - London-based early stage investment and development company within the mineral resource sector - Notes announcement by Hastings Technology Metals in regard to further progress at the Yangibana rare earths projects. In January, Cadence completed the sale of its 30% stake in several mineral concessions forming part of the Yangibana project for a consideration of 2.45 million Hastings shares, equating to approximately 1.9% Hastings' share capital. Says that Hastings has entered into a binding engineering, procurement and construction terms sheet with GR Engineering Services Ltd for delivery of the beneficiation plant and associated infrastructure for the Yangibana project. The USD210 million contract is lower than cost estimates for an equivalent scope under the current engineering, procurement and construction management model.

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By Heather Rydings, Alliance News senior economics reporter

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