Angus Energy plc said it today raised £750,000 through the placing of 115,384,611 ordinary shares to certain institutional and other investors at 0.65 pence per share. The placing price represents a discount of approximately 10.3% to the closing price of 0.725 pence per ordinary share on 2 December 2021. USES Proceeds will go towards its […]
Day: 15 November 2024
Angus delays sidetrack at Saltfleetby due to logistics
Angus Energy plc said that logistical issues had delayed rig procurement causing the sidetrack to be deferred at Saltfleetby gas field in East Lindsey, Lincolnshire. SIDETRACK The company added that the deferment avoided the risk of a drill programme running over into its commissioning timetable. “Whilst simultaneous drilling and commissioning operations are not considered to […]
Alba confirms global grade graphite from results at Amitsoq
Alba Mineral Resources plc’s investee announced that drill assay and channel sampling results confirm one of the highest global grades of graphite at Amitsoq, southern Greenland. JORC POTENTIAL GreenRoc Mining plc, in which Alba holds a 54% interest, added that the deposit had greater thickness and consistency than previously thought. The company confirmed high-grade graphite […]