Sunda Energy Raises £5.25M for New Zealand Acquisition; Meridian Mining's Cabaçal Project Hits $2.09B NPV
Sunda Energy PLC has raised £5.25 million to fund the completion of its acquisition in New Zealand and is also launching a retail offer for an additional £525,000. Meridian Mining Plc reported that its Cabaçal project in Brazil now holds a net present value (NPV) of $2.09 billion, with the CEO suggesting it could become one of the next major gold-copper mines soon. Quantum Helium Ltd is planning to conduct an expanded fracture stimulation program at Sagebrush-1 in Colorado during Q4 2026 and has acquired a 9% stake in Herencia Resources. Light Science Technologies secured another order from its healthcare devices customer, pushing the contract value past £500,000 while expanding into higher-margin defense and medical sectors. Foresight Solar Fund Ltd is evaluating strategic options to address its share price being below asset value, with board members urging decisive action. hVIVO PLC has appointed Caroline Shaw as an independent non-executive director, bringing over 30 years of healthcare leadership experience.
Topics: acquisition funding board appointments capital raising project valuation strategic options