Cornish Metals Inc has appointed Stephen Gatley to the board of directors as an independent non-executive director. Mr Gatley is a mining engineer and graduate of the Royal School of Mines, London. He spent the early part of his career in the Cornish tin industry at Wheal Jane and South Crofty mines and was the general […]
Month: November 2024
Hurricane appoints Philip Wolfe as independent NED
Hurricane Energy plc appointed Philip Wolfe as an independent non-executive director effective from 14 October 2021. He will chair the audit and risk committee and serve as senior independent director. Mr Wolfe has 30 years’ experience within the energy and utilities industry as an executive, adviser and corporate financier. He has served as chief financial […]
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Power Metal raises £99,842 through warrant exercise
Power Metal Resources plc raised £99,842 after receiving notices to exercise warrants over 11,578,947 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 6,000,000 warrants at an exercise price of 1.0 pence per ordinary share of 0.1 pence each, 1,578,947 warrants at 0.75 […]
Anglesey raises £768,000 via discounted placing
Anglesey Mining plc raised £768,230 after issuing 22,595,000 new ordinary shares, representing 10% of the company’s current issued share capital, at 3.4 pence each. NEW SHAREHOLDERS The placing price represents a discount of 5.6% to the closing price on 7 October 2021. The investors include chief executive Jo Battershill who subscribed, via his company JJB […]
Block Energy Q3 production and revenue fall
Block Energy plc reported a decrease in production and revenue with restricted output from WR-B1a at the company’s project in West Rustavi, Georgia. OPERATIONS AND FINANCES In its operations report for the three months ended 30 September 2021, Block recorded production of 34.6 Mboe (Q2: 42.6 Mboe). Revenue for Q3 was $901,000 (Q2: $1,165,000), comprising […]