Cornish Metals Inc today announced that it had reached an agreement with Osisko Gold Royalties Ltd to convert an outstanding amount of CA$7.17 million under the 2018 note financing into a royalty. One of the conditions for Canadian company Cornish Metals, formerly known as Strongbow, is a successful listing on the London Stock Exchange’s alternative […]
Day: 15 November 2024
Condor Gold receives £189,435 via warrant exercise
Condor Gold received gross proceeds of £189,435.20 on 13 January 2020 following notices to exercise of warrants. The company issued 501,713 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p per share for 125,000 warrants and at a subscription price of 40p […]
Union Jack increases stake in Biscathorpe for £1m
Union Jack Oil plc (UJO) today said it now held 45% interest in the Biscathorpe joint venture project PEDL253 after buying a 15% stake from Humber Oil & Gas for £1 million. TERMS Other shareholders of the licence include operator Egdon Resources UK Ltd with 35.8% and Montrose Industries Ltd 19.2%. UJO will pay £500,000 […]
Oriole expects gold drill results at Senala
Oriole Resources plc announced that a 10,000 metre air core (AC) drilling programme has been completed on schedule at the Senala gold project in Senegal. The AC drilling, conducted by joint venture partner IAMGOLD, aims to define better the geochemical footprint of gold mineralisation at the Faré prospect. Results are due during the first quarter […]