Tungsten West plc today started trading as a public listed company on the London Stock Exchange AIM market for its tungsten-tin project at Hemerdon in Devon. FUNDING Admission follows the company’s £39 million fundraise from the offer of 65 million new shares at 60 pence per share. Tungsten West has also received £36m ($49m) from […]
Day: 15 November 2024
Reabold signs equity exchange deal with Daybreak
Reabold Resources plc has signed a conditional equity exchange agreement with American OTC traded oil and gas operator, Daybreak Oil and Gas Inc, with assets in California. TRANSACTION The transaction will see the investment company become a major shareholder of Daybreak through the issue of new Daybreak shares to Reabold. In exchange, Daybreak will acquire […]
Altona agrees 51% acquisition of Chambe
Altona Rare Earths plc has entered into an agreement to acquire an initial 51% interest in the Chambe rare earths project in Malawi. CHAMBE LICENCE The news follows the start of exploration diamond drilling of four holes and reverse circulation drilling of 35 holes for total 3,000m across six targets at the company’s other project […]
Condor completes 8,004m infill drilling at La Mestiza
Condor Gold plc has completed an 8,004m infill drilling programme on the high-grade La Mestiza open pit mineral resource at La India gold project in Nicaragua. MINERAL RESOURCE The programme tightened drill spacing to 25m along strike and 50m down-dip in the zones with the potential to support open pit mine development. Drilling is expected […]