Altus Strategies plc said it was planning the first phase of exploration after it received four gold exploration licences across nine licence blocks totalling 1,565 km2 in the Eastern Desert of Egypt. LICENCES All four licences, which are between 30km and 100km of the Red Sea coast, are for an initial two-year term and renewable […]
Day: 15 November 2024
Condor Gold raises £28,546 through warrant exercise
Condor Gold plc today announced it had received £28,546 following notices to exercise the remaining warrants issued by the company in February 2019. PRIVATE PLACEMENT The company issued 92,083 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p per share. In February […]
IOG appoints David Gibson as COO
Independent Oil and Gas plc has appointed David Gibson as its chief operating officer (COO) effective from yesterday (8 February). Mr Gibson has extensive North Sea engineering and project management experience over nearly 30 years in the energy industry. This includes Foster Wheeler Wood Group, Amec, Marathon Oil UK Ltd, TAQA Bratani, and most recently […]