AFC Energy continues its share price surge; new website to be launched at noon

AFC Energy PLC (LON:AFC) was the second biggest riser in London in early deals on Friday, gaining 26% to 16.95p, continuing its November share price surge.

The shares started the month at 4.9p since when they have tripled after a flurry of announcements, including the purchase of 114,044 shares by the chairman, John Rennocks, announced on Wednesday.

Todays share price surge for the hydrogen power generation technology developer coincided with the company announcing that its new website will go live at noon today.

Another stock that has been on the rise recently is Lekoil Limited (LON:LEK) but it took a step back this morning, tumbling 7.4% to 5p after the Federal Government of Nigeria and the Ministry of Petroleum Resources acknowledged the receipt of the OPL310 licence extension fee of US$7.5mln.

Lekoil said the Licence is in force for an extended three year period to 2 August 2022 as previously announced on 31 October 2019.

The company funded the payment from a mix of existing financial resources and debt facilities.

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AFC Energy PLC (LON:AFC), a leading provider of hydrogen power generation technologies, has announced the launch of its new corporate website. The new website reflects a stronger emphasis on brand and product identity, encapsulating AFC Energy's inaugural range of products, the HydroX-Cell(L)TM and HydroX-Cell(S)TM fuel cell ranges, together with the Company's proprietary anionic exchange membrane, AlkaMemTM. The website is scheduled to go live at noon today, 15th November 2019, with exact timing determined by internet replication factors.

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