Alba Mineral Resources plc has released details for the listing of its spin-out company, GreenRoc Mining plc, focused on multi-element assets in southern Greenland. PROJECTS The new company comprises the Thule Black Sands ilmenite, Amitsoq graphite, Melville Bay iron and Inglefield multi-elements projects. On admission, due mid-September, gross funds of £5.12m are expected to be […]
Day: 15 November 2024
Altus completes final closing on NSR for Caserones copper
Altus Strategies plc has completed the second and final closing to acquire 0.418% net smelter return royalty (NSR) interest on the producing Caserones copper mine in the Atacama region of northern Chile. Altus is acquiring the NSR interest for US$34.1 million through a strategic 50:50 partnership with EMX Royalty Corporation. Altus and EMX have created […]
Serica appoints Andy Bell as CFO and a director
Serica Energy plc has appointed Andy Bell as chief financial officer and a director of the company with immediate effect. Mr Bell joined the company in 2017 as vice president of finance after previously providing financial consultancy services to Serica. He has extensive experience of upstream finance and systems of reporting and control, having worked […]
Power Metal raises £100,000 via warrant exercise
Power Metal Resources plc raised £100,000 following notice to exercise warrants over 5,000,000 new ordinary shares of 0.1 pence each (warrant shares). The warrant shares are issued pursuant to the exercise of 5,000,000 warrants at an exercise price of 2.0 pence per ordinary share of 0.1 pence each in the company.