JUNE 2018
 
 

Upcoming Events at NEX Exchange:
 

NEX Exchange UK Small Cap Awards - 14th June 2018

NEX Exchange is sponsoring the 2018 Small Cap Awards in London, an annual event celebrating the best and rewarding the finest in the sub-£100m market cap quoted company sector. We are delighted that several NEX Companies have been nominated including; Ashley House, Chapel Down, Crossword Cyber Security, Field Systems Designs, KR1, National Milk Records, Sandal, Daniel Thwaites and Walls & Futures. 

Learn about the benefits of listing on the NEX Exchange - 21st June 2018 

Hosted by Barnsley & Rotherham Chamber of Commerce, we are delighted to announce the opportunity for businesses in the region to join us for a lively morning of  presentations focused on helping start-ups and SMEs raise business capital and reach investors.

 
COMPANY NEWS
 

KR1 (KR1) generated gains of £4.3m on its trading in digital coins and tokens during 2017. There was also a total unrealised gain of £10.8m on these investments and a £1.18m foreign exchange gain. The total pre-tax profit was £14.5m, with a tax charge of £2.87m. That tax charge is included in trade creditors due within one year of £4.21m. There is cash in the bank, but total current assets were £3.5m. A creditor has subsequently been paid with £79,000 of shares, issued at 10p each. The KR1 share price has more than quadrupled over the past year and there is regular daily trading in the shares.

Sativa Investments (SATI) has made two investments in the past week. A C$200,000 investment in Rapid Dose Therapeutics Inc has been made prior to a flotation. The company’s QuickStrip fast-dissolving strip technology can be used to deliver medicinal cannabis. The other investment is in Veritas Pharma. A further C$200,000 is being invested in Veritas, which develops and commercialises medicinal cannabis treatments for chronic pain and palliative care.

Block Commodities Ltd (BLCC) has a secured a strategic investment from Swarm Fund, which is a decentralised marketplace platform using blockchain. Investors will be able to participate in the FarmCoin asset-backed investment coin via the Swarm platform. FarmCoin is a joint venture between FinComEco and Block Commodities focused on the agriculture sector. There will be up to $45m of FarmCoin tokens issued.

Ashley House (ASH) is expected to achieve its full year profit target of £1.8m, although that includes a non-cash write back. The health and community care property developer had year-end net debt of £1.5m. The Morgan Sindall joint venture has reached financial close on its first extra care apartments and bungalows scheme in the Isle of Wight with a further scheme expected to reach financial close in the next few weeks. Modular building business F1 Modular lost money last year. There is work manufacturing classrooms for schools and projects in the retail sector so it is not dependent on residential and health development. Maureen Moy has taken her stake to 10% after buying 1.9 million shares at 13.23p a share.

Coinsilium Group Ltd (COIN) will advise FANTOM Foundation on the $39.8m token generation event due to start on 15 June. FANTOM is using Directed Acyclic Graph (DAG) as a smart contract platform. This is an alternative to blockchain, which should be faster and have lower fees.

Forbes Ventures (FOR) has sold its stake in KCR Residential REIT (KCR) for £145,000. The remaining investment is in challenger bank Civilised Investments Ltd. Nigel Quinton, who has run two building societies, has been appointed as finance director of Forbes. Igor Zjali has become a non-executive director. The investment strategy covers disruptive technology in the property and fintech sectors.

NQ Minerals (NQMI) has started to refurbish the Hellyer flotation plant in Tasmania. The mill should be commissioned in the third quarter of 2018.
 

COMPANY PROFILES
 
 

Cadence Minerals Plc (KDNC) is focused on creating a diverse portfolio of direct and indirect interests in Lithium and Rare Earth Element deposits. Cadence Mineral's principal business is to acquire a diverse portfolio of direct and indirect interests in exploration and producing rare earth minerals and/or metals projects and assets; the Company will consider investment opportunities around the world.

 
 

NQ Minerals (NQMI) has acquired a 100% interest in the polymetallic Hellyer Mine in Tasmania. With over US$1 billion worth of contained gold, silver, zinc and lead at Hellyer, over US$350 million worth of existing mine infrastructure, and a net present value of approximately US$210 million, the Hellyer Mine is a flagship project for NQ Minerals. The company aims to commence production by mid-2018, anticipating strong cash-flow and profitability from Hellyer. With a current 10-year Hellyer mine-life outlined, NQ Minerals plans to increase this as best possible to maximize shareholder value.

 
 

Primorus Investments (PRIM) has an experienced team of Directors who have all been involved in the acquisition and management of companies and assets in a number of industries with particular experience in company formation, wealth management, capital markets, finance, science and corporate governance. We seek to make, encourage and exit our investments typically over an 18 month to two year timeframe however do and will continue to hold longer-term assets as core investments that require longer times frames to generate superior returns.

 
 
MAY MARKET STATISTICS
 
 
NEX Group
  Top 5 Traded by Value
  Security Name Ticker Trades Value (GBP) Volume  
  Shepherd Neame SHEP 79 1,284,291 119,064  
  KR1 plc KR1 121 592,146 4,240,934  
  Churchill Mining plc CHL 132 284,186 9,417,846  
  Ace Liberty & Stone plc ALSP 50 264,113 235,234  
  National Milk Records plc NMRP 18 259,824 257,201  
 
NEX Group
  NEX Exchange Market Overview
  Market Monthly Volumes (trades) Month on Month Change Value Month on Month Value Change Most Active Security  
  Primary 1,225 (39) 4,665,732 (4,569,404) Cadence Minerals plc - 196  
  Secondary 58,630 2,417 398,201,365 7,701,875 Sirius Minerals Plc - 5,832  
 
NEX Group
 
NEX Group
  Forthcoming Announcements
  Issuer Event Date  
  First Sentinel plc Annual General Meeting 20/06/2018  
  PRIMORUS INVESTMENTS PLC Annual General Meeting 20/06/2018  
  Sativa Investments plc Annual General Meeting 20/06/2018  
  AfriAg Global plc Annual General Meeting 22/06/2018  
  St Mark Homes plc Annual General Meeting 26/06/2018  
  London Capital Group Holdings plc Annual General Meeting 27/06/2018  
  MiLOC Group Ltd Annual General Meeting 29/06/2018  
  EPE Special Opportunities plc Final Results 30/06/2018  
  Gledhow Investments plc Interim Results 30/06/2018  
  First Sentinel Plc Interim Results 30/06/2018  
  UK Oil & Gas Investments plc Interim Results 30/06/2018  
  Ganapati PLC Final Results 30/06/2018  
  Startup Giants plc Final Results 30/06/2018  
  Clean Invest Africa Plc Final Results 30/06/2018  
  Imperial Minerals plc Year End Date 30/06/2018  
  Dana Group International Investments Limited Year End Date 30/06/2018  
  Block Energy Plc Year End Date 30/06/2018  
 
NEX Exchange A NEX Group business. NEX Exchange helps its members reach investors and raise capital.

As well as financial institutions and large corporates, entrepreneurs use NEX to manage their biggest financial challenges. Whether choosing to offer equity or debt products, once admitted onto our stock exchange, small and medium-sized companies have easier access to investors.

Admission is simple and we fully support the transition to a public market environment. For the small and the ambitious, NEX Exchange is more than a source of capital – we are the platform for growth. And for investors, we offer simple access to a diverse range of dynamic companies. 

For more information, go to nexexchange.com
 
NEX Group
 
NEX GROUP: NEX Group plc offers customers better ways to execute trades and manage risk. Our products and services underpin the entire trade lifecycle pre-, during and post-execution. Our electronic trading platforms are industry standards. Customers use our lifecycle management and information services to optimise portfolios, control risk and reduce costs. We partner with emerging technology companies to bring greater efficiency, transparency and scale to the world’s capital markets. NEX is headquartered in London with offices worldwide. NEX. Empowering markets.
 
NEX Group