News Oil & Gas

Reabold optimistic over West Newton-A expansion plans

Reabold Resources plc said that the joint venture site operator was confident of a successful appeal against the local authority’s refusal for a further six wells at West Newton-A. APPEAL The JV for PEDL183 comprises operator Rathlin Energy (UK) Ltd (66.67%), Reabold Resources plc (59% share in Rathlin and a 16.665% licence share) and Union […]

Finance Metals & Minerals News

Power Metal raises £69,306 through warrant exercise

Power Metal Resources plc raised £69,306 after receiving a notice to exercise warrants over 9,240,843 new ordinary shares of 0.1 pence each. The warrant shares are being issued pursuant to the exercise of 9,240,843 warrants at an exercise price of 0.75 pence per ordinary share of 0.1 pence each.