Alba Mineral Resources plc announced that non-executive director Lars Brünner had today tendered his resignation with immediate effect from the board of the company. Mr Brünner will focus on his other interests, including the company’s spin-out GreenRoc, of which he is a non-executive director. He has also waived his rights to 4,000,000 share warrants in […]
Day: 15 November 2024
Union Jack turns down further 25% in Claymore Piper
Union Jack Oil plc has decided not to acquire a further 25% interest in the Claymore Piper complex royalty units in the North Sea. CORE PROJECTS In March 2021, the company acquired a 2.5% interest in the complex, which at the time it said was attractive, cash generating and high yielding, and consistent with its […]
Union Jack raises £3m via placing
Union Jack Oil plc has raised £3 million by way of a placing of 13,636,364 new ordinary shares of 5 pence each at a price of 22 pence per new ordinary share. USES Funds raised will be mainly used at the company’s onshore hydrocarbon projects in Wressle and Biscathorpe.