(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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Taseko Mines Ltd - Vancouver-based mining company mainly focused in North America - Obtains an underwritten commitment for USD25 million from Banc of America Leasing & Capital LLC for the Florence copper commercial production facility. Says that the funding will be available for drawdown upon Florence copper receiving the final Underground Injection Control permit from the EPA. "Following the recently announced strategic partnership with Mitsui & Co USA Inc for our Florence Copper project, this additional source of funds will further strengthen our balance sheet and provide financing flexibility as we prepare for construction of the project in 2023. We have a long-standing relationship with Bank of America, a North American leader in equipment financing for mines and projects directly supporting low-carbon initiatives in the United States," Chief Executive & President Stuart McDonald comments.

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AIB Group PLC- Dublin-based bank - Receives competition clearance from the Competition & Consumer Protection Commission for the EUR5.7 billion acquisition of the Ulster Bank performing tracker mortgage portfolio. "We look forward to welcoming these new customers from Ulster Bank as well as the many more new customers we are pleased to welcome to the group as the Irish banking landscape evolves. I would like to acknowledge the huge efforts and thank everyone who has worked on this significant transaction involving c. 47,000 customers and c. EUR5.7 billion of mortgages," Chief Executive Colin Hunt comments.

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Forward Partners Group PLC - London-based investment firm - Says that its portfolio company Patch Gardens Ltd was bought by Arena Online Ltd in an all-share deal. Patch was held at a valuation of GBP3.0 million. "We're pleased to be joining the newly enlarged Arena group as a shareholder. We see great potential for value creation as these companies come together, particularly in logistics related cost synergies. We consider the group to hold high growth potential and look forward to working together as it evolves," CEO Nic Brisbourne comments.

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Macau Property Opportunities Fund Ltd - Guernsey-based investment firm - Adjusted net asset value per share stands at USD1.65 as at September 30, down 1.5% versus NAV as at June 30. Share price as at September 30 amounts to 52.25 pence, up 37% compared to the price as at June 30. Attributes fall in net assets to China's maintenance of its zero-Covid policy. "The rapid reversal of that policy in December - although ultimately positive for Macau - is likely to continue to hinder the near-term progress of the company's divestment programme due to the ensuing "exit-wave" of Covid infections sweeping across the region," the company says.

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Ncondezi Energy Ltd - Solar and energy storage project in Mozambique - Says that its Tx study to connect its solar project to the grid has been approved by Electricidade de Mocambique. Says that the study confirms the technical viability to evacuate up to 300 megawatts into the Mozambican grid and the wider southern African region, as well as the optimal technical solution via a two-phased approach.

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Premier Miton Global Renewables Trust PLC - Leeds, England-based investment company focused on the renewable energy sector - Closing assets under management stand GBP11.1 billion as at December 31, up from GBP10.6 billion as at September 30. Records GBP8 million of net inflows for its first quarter. "Our investment performance remains relatively strong with 82% of funds in the first or second quartile of their respective sectors since launch or fund manager tenure, with both our newer teams and funds and the more established products performing well. Despite the on-going challenging economic conditions, our clear proposition of active management and our diversified product range should position the Group well when confidence returns," CEO Mike O'Shea comments.

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By Abby Amoakuh, Alliance News reporter

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