- Keras Resources' pre-tax losses rose to £1.1m in the six months to the end of March - up from a re-presented £991,000 last time.

Keras recorded a total comprehensive of £1.3m - up from £750,000 last time.

Chairman Brian Moritz said: "With exposure to cobalt, nickel and manganese, our African licences provide investors with strategic access to the high growth battery market.

"Alongside this, our plans to list our Australian gold assets in a standalone ASX quoted company provides a clear structure through which we can gain significant value exposure.

"With multiple value upside triggers and diverse commodity exposure combining the 'safe-haven' of gold with the burgeoning battery market I believe Keras is well poised for growth."

At 8:18am: [LON:KRS] Keras Plc share price was 0p at 0.38p

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