Premier Oil plc and Chrysaor Holdings Ltd, and the reorganisation of Premier’s existing debt and cross-currency swaps, were completed earlier today. Premier’s name has changed to Harbour Energy plc with effect from today. The company’s 925,532,809 existing ordinary shares and 17,585,119,330 new ordinary shares are expected to be admitted to trading on the London Stock […]
Month: November 2024
CAML appoints Mike Prentis as independent NED
Central Asia Metals plc has appointed Mike Jonathan Prentis as an independent non-executive director. He will join the company’s audit, sustainability and nomination committees. Mr Prentis, 63, is a former fund manager of BlackRock Smaller Companies Trust plc and BlackRock Throgmorton Trust plc. He has more than 35 years’ experience in investment and capital markets Mr […]
Cairn faces Indian petition over arbitration award
Cairn Energy plc said that the Indian Government had petitioned the Dutch Court of Appeal to set aside its arbitration award, which was granted unanimously in the company’s favour. TRIBUNAL The independent oil and gas exploration and development company with headquarters in Edinburgh added it had “full confidence” in its own position. “As previously advised, […]
Hummingbird finds new gold ounces at Yanfolila
Hummingbird Resources plc said it had discovered new ounces of gold and will double its 2021 exploration budget to $10 million at Yanfolila, southern Mali. The news comes as the company published a new internal mineral resource estimate (MRE) following its £5m 2020 exploration programme. Hummingbird said it had met last year’s three objectives which […]
CAML navigates 2021 from strong position
Central Asia Metals plc (CAM) minimised losses during 2020 as it increased cash in the bank while paying off more debt. The company owns 100% of the Kounrad SX-EW copper project in central Kazakhstan and Sasa zinc-lead mine in North Macedonia. For full year results for the 12 months ended 31 December 2020, the company reported group gross […]
Critical Metals eyes new ventures after losses widen
Critical Metals plc announced an increase in losses during 2020 but remained confident of progress this year with potential opportunities. EVALUATION Results for H2 2020 showed a net loss of £152,111 compared with £17,437 for the same period in 2019. The group had cash reserves of £630,148 (2019: £34,342) and raised £800,000. In September 2020 it listed […]