Kavango Resources plc raised £31,681.84 after receiving notices to exercise warrants over 745,455 new ordinary shares of £0.001 each in the company. The warrant shares are being issued pursuant to the exercise of warrants granted and announced on 1 December 2020.
Day: 15 November 2024
Chesterfield grants 2.2m options to directors-PDMRs
Chesterfield Resources plc has issued certain directors, employees and consultants with options over a total of 2,200,000 ordinary shares of 0.1p each. INCENTIVE The options will vest immediately and expire five years from the date of issue with an exercise price of 11p. Executive directors Martin French and Ajay Kejriwal received 750,000 and 350,000 options respectively; PDMR […]
Chesterfield extends drilling and exploration
Chesterfield Resources plc said it had extended its drilling and exploration campaign for further testing of gold encounters at its projects in Cyprus. LIMNI SOUTH GOLD The company has also identified a “promising waste dump opportunity” in the Troodos West licence area. Drilling and sampling indicates that it has the potential for an early revenue […]
Chesterfield completes initial study on Adeline
Chesterfield Resources plc has completed an initial field programme on its new 300 km2 Adeline copper exploration project in Labrador, Canada. ADELINE During due diligence and following the acquisition, Chesterfield re-evaluated all historic data using modern techniques and software. “This provided the basis for a two-month helicopter-supported field study across a number of existing targets, […]
VOG draws down Meridian loan notes for Douala gas operations
Victoria Oil & Gas plc (VOG)’s has drawn down in full the convertible B loan notes for its onshore gas operations in the port city of Douala, Cameroon. LEGACY ISSUES The loan to the company’s subsidiary, Gaz du Cameroun S.A. is in accordance with the financing agreement with Meridian Capital (HK) Ltd. “We are once again […]
Neptune starts drilling Dugong Tail exploration well
Neptune Energy has started drilling on the Dugong Tail exploration well in the Norwegian sector of the North Sea. DRILL PROGRAMME Dugong was one of the largest discoveries on the Norwegian Continental Shelf last year. The Dugong Tail is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell […]