Gem Resources PLC (GEMR) · 2026-10-28
Gem Resources PLC has agreed to sell its entire indirect Gravelotte interest for US$1.7 million in fixed consideration, plus a royalty capped at US$700,000, but the conditional deal and full value are not assured. It would receive US$1.3 million by Completion, including escrow, if conditions are met and GEMR is not in breach of the SPA.
Gem Resources PLC (GEMR) · 2026-09-28
GEMR reported an H1 loss before tax of £614,000, in line with directors’ expectations but wider than the restated £304,000 loss a year earlier. Cash fell to £669,000 and the accounts retain a material going-concern uncertainty despite July’s debt-for-equity conversion.
Gem Resources Plc (GEMR) · 2026-05-26
Gem Resources Plc denied market speculation suggesting it intends to cancel its London listing and become a private company. The Board confirmed that no such decision has been taken and there is no current intention to delist.