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

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Castings PLC - Brownhills, England-based iron casting and machining firm - Expects results for year to March 31 "ahead of market expectations". Says commercial vehicle sector continued towards end of financial year. "We have seen an increase in the total weight of castings despatched during the year. However, significant production rebalancing has been necessary to accommodate the higher volumes, which have been skewed towards certain production lines. This has caused some production inefficiencies, particularly in the second half of the year, but these are now largely behind us," Castings said.

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Zoo Digital Group PLC - provider of subtitling, dubbing, and media localization services to the TV and movie industry - Successfully completes an oversubscribed placing of GBP12.5 million through the issue of 7.8 million shares at a price of 160p each. Says the price represents a discount of 14% to its middle market closing price on Wednesday. Shares represent around 8.7% of its share capital. In additional, company announces a retail offer via the BookBuild platform to raise up to GBP500,000 through the issue of 312,500 shares at a price of 160p each. Says cash raise to fund proposed acquisition of a partner in Japan, which is a media localisation subsidiary of a "leading Japanese technology company". On Thursday, company said revenue for year to March 31 would be at least USD90 million, up 28% year-on-year from USD70.4 million.

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Vinanz Ltd - aiming to build a Bitcoin mining operation focusing on multiple facilities in the US and Canada - Reports first expansion of bitcoin mining machines since listing last week. Acquires 100 new Bitmain Antminer S19J Pro ASIC miners. "This expansion increases the number of Bitcoin ASIC miners from 20 to 120," Vinanz says. It lifts combined Terrahash processing power in North America by almost eight-fold. Total purchase prices shipped is USD159,000.

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Wynnstay Properties PLC - London-based property investment and development company - Property value as of March 25 financial year end is GBP39.2 million, up 0.9% annually from GBP39.0 million. Rental income during financial year improves 10% on like-for-like basis. Rental income collection topped 99.7%, Wynnstay Properties says.

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Upland Resources Ltd - London-based oil and gas company, which has assets in Malaysia, Tunisia and the UK North Sea - Historical data from Block SK334 backs view of asset's "prospectivity". The asset is located in Malaysia and is close to Brunei. "Correlating data and analysis from the 2018 study has provided important insight to the prospectivity of Block SK334. Our data and comparisons with analogue data indicate that mature source rocks and active hydrocarbon migration occur, and that recognised seals and traps are present and analogous to existing and adjacent onshore and offshore fields and discoveries," Upland Chair Bolhassan Di says. "Whilst some other higher risk prospectivity exists in the north-east of Block SK334, early work has identified three main structures of particular interest where petroleum reservoirs could be present and which have been part of the present joint technical study efforts to understand and derisk leads within Block SK334 ahead of a future exploration drilling programme, the first of its kind within this hugely prospective licence adjacent to the prolific hydrocarbon basins of Brunei."

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Parkmead Group PLC - Netherlands and UK-focused oil and gas company - Reports "strong progress" from assets in Netherlands. At Drenthe VI, condensate rates from LDS-01 well have been "significantly higher than expected". The well has been shut-in temporarily, in order for an optimisation process to be undertaken amid increased fluid production levels. "Once an optimal operating regime has been identified, the well will be brought back onstream, this is currently expected to be in late May 2023," Parkmead says. At Drenthe V, a study is currently ongoing to target additional volumes at the producing Geesbrug gas field. This is due to be completed in second half of 2023. Parkmead explains: "[It] will confirm the merits of a potential additional well. The existing Geesbrug production well is also expected to undergo further work this year to enhance production efficiency." Subsurface work continues at Andel Va licence and commercial discussions with stakeholders at Papekop asset are advancing. Environmental impact assessments at Papekop will be completed over the next year, ahead of a final investment decision.

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Tertiary Minerals PLC - Zambia and Nevada, US-focused explorer focusing on energy transition and precious metals - Hails "exciting results" from assays at historic drill hole RKN800 at Mushima North copper project in Zambia. "The significance of these results is enhanced by the geological setting of hole RKN800 which sits on the fringe of a large untested gravity anomaly identified by BHP in the late 2000s," company adds.

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Bushveld Minerals Ltd - integrated primary vanadium producer and energy storage solutions provider - Backs 2023 production guidance of 4,200 to 4,500 metric tonnes of vanadium. In first-quarter, production falls 3.0% on-year to 943 metric tonnes. Output down 20% yearly.

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Wishbone Gold PLC - Gibraltar-based, Australia-focused mining company - Says new findings support "major resource potential" at Cottesloe project in Western Australia. "Terra Search finding and analysing this historic drill and exploration data provides a major step forward in our knowledge of the Cottesloe group. Using this data we are effectively building off three historic drilling programs providing several years of data. Coupled with our new experience of the MT technology we are pleased to be this far ahead before starting our own drill campaign. With silver, cobalt, lead and zinc grades this high in the targeted area this is hugely promising," Chair Richard Piulden says.

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Pembridge Resources PLC - mining company with investments in British Columbia, Canada - Minto Metals Corp achieves first quarter gold production of 3,055 ounces, down on-year from 3,695 ounces. Silver output down to 29,385 ounces from 45,126 ounces. Ore tonnes produced fall to 175,944 from 238,979.

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By Eric Cunha, Alliance News news editor

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