Fortified Securities

Fortified Securities has been appointed by AIM listed Tiger Royalties & Investments Plc (“Tiger”) as its lead broker following the successful execution of binding legal documents to expand the existing Investing Policy of Tiger to include technology incubation and an equity placing of £3,000,000 at 0.1 pence per ordinary share of Tiger.   The expansion involves the acquisition of a technology SPV established by Jonathan Bixby (the “Target”), the serial technology entrepreneur who has successfully founded listed technology companies Phoenix Digital Assets Plc (formerly NFT Investments Plc), Cykel AI Plc and Argo Blockchain Plc. As part of the Acquisition Jonathan Bixby has agreed to subscribe for shares in the Target at the Placing Price.   The Acquisition, once closed, will enable Tiger to diversify its existing Investing Policy beyond natural resources to include technology incubation and mentorship. As part of the incubation and mentorship processes carried out by the Target for various technology enterprises (the “Enterprises”), the Target will receive a “carry” on capital raises, which make include participation in tokens or ‘memecoins’ from ICOs undertaken by the Enterprises.   We are proud to support Tiger Royalties & Investments Plc as it embarks on this transformative expansion into a dynamic and rapidly evolving sector. #FortifiedSecurities #TigerRoyalties #TechnologyIncubation #CapitalMarkets #EquityPlacing #Innovation #JonathanBixby #Growth

Fortified Securities, acting as Joint Broker to Cadence Minerals Plc (AIM: KDNC), has successfully led a £1 million fundraising. The proceeds will enable Cadence to advance its investment into highly prospective tungsten, antimony, and gold projects in Spain and Portugal, while continuing its commitment to the Amapá Iron Ore Project in Brazil. Key Highlights: 1️⃣ £1 million raised via institutional placing at 1.5p per share.
 2️⃣ Pompeya Project (Spain): Covers 470 km² with historic mine workings and significant tungsten mineralisation. Rock chip samples: 3.3% to 4.8% WO₃.
 3️⃣ Sarzedas Project (Portugal):Covers 57 km² with old workings and waste dumps. Gold grab samples: 0.4 g/t to 109.9 g/t (median grade 30.9 g/t).
 4️⃣ Tungsten remains a critical strategic material, with prices showing strong upward momentum. Cadence intends to drive targeted exploration over the next six months in the Pompeya Project to identify further mineral resource potential at the project. We are proud to support Cadence Minerals on this important step forward and look forward to seeing these projects progress. #CapitalMarkets #Mining #Tungsten #Gold #StrategicMaterials #Fundraising #FortifiedSecurities #CadenceMinerals #AIM https://lnkd.in/eqVTyi7Y

We are pleased to share Cadence Minerals Plc's announcement confirming the successful production of DR-grade iron ore concentrates with 67.5% Fe, a significant milestone for the Amapá Project. This achievement not only enhances the project’s economic potential but also positions it as a key contributor to the transition towards low-emission "green steel" production. With increasing global demand for high-purity DR-grade products and substantial price premiums forecasted, the Amapá Project underscores its strategic importance in decarbonising the iron and steel industry. We remain committed to supporting Cadence Minerals in advancing this flagship project and look forward to its continued success. #IronOre #MiningInnovation #SustainableSteel #CadenceMinerals #AmapáProject #LondonStockExchange

We are pleased to announce our appointment as corporate broker for Mast Energy Developments PLC (MED), a key player in advancing the United Kingdom’s renewable energy transition. Mast Energy Developments specialises in Dynamic Electricity Generation Power Plants, which play a vital role in ensuring energy reliability and stability as the UK transitions to a greener grid. With a goal to expand their portfolio to 300MW, we are excited to support MED on their growth journey, providing strategic guidance to enable their continued success in delivering innovative and flexible energy solutions. This partnership underscores the critical importance of scalable, dynamic energy infrastructure in meeting the challenges of the energy transition. We are proud to contribute to MED’s vision of a more sustainable energy future for the UK. #RenewableEnergy #EnergyTransition #CorporateBroker #SustainableDevelopment #EnergyInnovation #Mast #LondonStockExchange

EQTEC plc (AIM:EQT)’s first-half results showed revenue surged tenfold and gross profits improved significantly following the waste-to-value company tightening its strategic focus. Revenue of €1.45 million was made in the first six months of 2024, up from around €145,000 a year earlier, while gross profit of €0.826 million compared to the previous €0.036 million. Gross margin improvement to above 50% from 15% for the whole of last year. The improvement in revenue and margin was “a direct result of our shift towards high-margin, IP-rich services and away from high-risk, capital-intensive development activities”, said chief executive David Palumbo, while payroll costs have also been reduced 14%. More at #Proactive #ProactiveInvestors http://ow.ly/jUrQ105JWlQ

EQTEC plc (AIM: EQT) has successfully raised £1.1 million in gross proceeds, co-brokered by Fortified Securities alongside Shard Capital. This fundraise supports EQTEC's mission to drive innovation in decarbonised energy solutions with its cutting-edge waste-to-value technology. The fundraise marks a significant step in EQTEC’s transition towards becoming a pure-play technology licensor. Combined with the recent £2 million settlement with LOGIK, the funds will be used to accelerate EQTEC’s growth strategy and support general working capital needs. #EQTEC #LondonStockExchange #EnergyTransition #WasteToEnergy #SustainableGrowth #Fundraising #Decarbonisation #TechnologyLicensing #Investment https://lnkd.in/eJfSW-kh

We are pleased to share that our client, Cadence Minerals (AIM: KDNC), has made significant progress on the Amapá Ore Project. The latest economic study reveals outstanding advancements. Kiran Morzaria, CEO of Cadence Minerals, stated: "On behalf of our Board, I am thrilled with the positive outcomes from the updated economic study at the Amapá Ore Project, along with further significant progress made at Amapá. The increased net present value of US$1.145 billion and the enhanced post-tax internal rate of return demonstrate substantial improvements to the Project's already robust economics.   The ongoing development of the 67% 'Green Iron' processing flow sheet and the Project's 100% renewable power source exemplify our commitment to propelling Amapa forward to meet the growing demand for low-carbon iron ore and steel, while at the same time demonstrating a potential 43% uplift in projected annual net operating profit.   We are optimistic about the potential of the Amapá Iron Ore Project and look forward to providing further updates on our progress in the future." #CadenceMinerals #SustainableMining #EconomicGrowth #GreenIron #Innovation #MiningIndustry https://lnkd.in/ejHtcqDG

EQTEC plc (AIM: EQT) announces positive progress on settlement agreement with Logik Developments Limited and reports steady revenue growth alongside strategic shift in focus. As part of the Logik settlement agreement, EQTEC anticipates receiving £2,000,000, subject to the completion of certain conditions. This will provide additional capital into the business and demonstrates the recovery of third party debts. Additionally, EQTEC reports steady revenue growth, in line with its fiscal year 2023 guidance. With a strategic shift initiated in late 2021, the company is focused on generating recurring revenues, reducing dependency on high-risk projects, and fostering collaborations with leading industrial, utility, and waste operators. The company anticipates even more significant growth in the second half of 2024, driven by equipment sales and commissioning revenues. EQTEC remains committed to innovation, sustainability, and delivering value to its stakeholders. #EQTEC #Sustainability #Innovation #RenewableEnergy https://lnkd.in/g_pTEpBu

Exciting Announcement! 📢 Our client Cadence Minerals Plc has successfully concluded a capital expenditure optimisation program at the Amapá Iron Ore Project, yielding significant cost savings and production enhancements. With a notable 33% reduction in capital expenditure for the beneficiation plant, coupled with a projected increase in iron ore concentrate production ranging from 4.8% to 5.5 Mtpa. Cadence remains steadfast in advancing the development of a 67% Fe product flow sheet, underscoring our unwavering commitment to innovation and sustainability. Situated in Brazil, the Amapá Project holds immense promise with its abundant mineral resources and ore reserves, bolstered by robust economic indicators outlined in our published PFS. #CadenceMinerals #AmapáIronOreProject #OptimisationSuccess #CostEfficiency #MiningInnovation 🛠️ https://lnkd.in/ew422CgM