Aterian PLC - investment company focused on African mineral resources - Issues GBP500,000 of convertible loan notes. The CLNs are priced at 0.7 pence each. Says it will use the CLN issue's net proceeds to accelerate the Agdz exploration drill programme in Morocco, advance operations in Rwanda and Botswana, and bolster its financial flexibility.

Chair Charles Bray says: "This capital has been issued at a premium and in a challenging small-cap equity funding environment. Further, with this capital injection, we are poised to launch our strategic initiatives in Morocco, starting with the Agdz drill programme. We are deeply grateful for the trust and confidence demonstrated by our investors, and their continued support underscores their belief in our vision and strategy. This equity capital strengthens and underscores the alignment between management and shareholders in driving the company's strategy and ultimately creating value from an excellent portfolio of Moroccan copper and silver exploration assets."

Current stock price: 0.65 pence, closed up 4.0% on Friday in London

12-month change: down 22%

By Sophie Rose, Alliance News senior reporter

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