Support for Reabold Resources’ £6.14 million offer for Union Jack Oil has risen to 9.5%, compared with 24.39% opposing the bid.
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Europa extends completion date for EG-08 farm-out
Europa Oil & Gas (Holdings) has agreed a third extension to the farm-out for drilling the Barracuda prospect offshore Equatorial Guinea.
Reabold support for Union Jack takeover edges higher
Reabold Resources’ support has edged higher to 6.8% for its £6.14 million takeover of Union Jack Oil, whose new board maintains 24.39% against the offer.
First Development sells non-core WA assets
First Development Resources has sold two non-core projects in Western Australia, and will focus on its Northern Territory assets.
Strategic director buys 395,000 shares
Strategic Minerals plc executive director Mark Burnett has bought 395,000 ordinary shares for £24,885.
Tertiary raises £1m for Mushima North
Tertiary Minerals plc has conditionally raised £1 million for further work at its Mushima North copper-silver project in Zambia.