Helium One Global Ltd has raised £7,521.17 after receiving notice to exercise warrants over a total of 211,864 ordinary shares at a price of 3.55 pence per share. The warrant shares will rank pari passu with the existing ordinary shares.
Month: November 2024
Block makes good progress on testing well JKT-01Z, Georgia
Block Energy plc said it had made good progress testing well JKT-01Z with initial rates of 344 boepd at the company’s operations in Georgia. OPERATIONS Well JKT-01Z reached total depth at 2,565 metres measured depth as planned in early January 2022 . Production comprised 241 bopd and 17,500 m3 of gas per day. The company recorded no […]
Ascent nears legal deal for Slovenia arbitration
Ascent Resources plc soon expects to complete the conditions to the binding damages-based agreement appointing Enyo Law LLP as its representative in the dispute with Slovenia. TREATY In a statement Ascent added: “Following completion, the company and its legal advisor will immediately progress to compile and execute the required materials and officially submit the arbitration […]
Ascent raises £600,000 via placing
Ascent Resources plc raised £600,000 through issue of 18,181,818 placing shares each with a nominal value of 0.5 pence per share each at a placing price of 3.3 pence. Align Research Ltd, which is a substantial shareholder of Ascent, subscribed for £50,000 of the new equity issue.
Ascent signs JV for Peru secondary mining and recovery
Ascent Resources plc said it would focus its environment, social and governance (ESG) projects on secondary mining and recovery in Peru. JOINT VENTURE The company has signed a joint venture (JV) agreement with Lima-based investment manager Blanco Safi SAC to identify and develop precious and base metal-rich tailing and processing operations. Founded in 2010, Blanco’s […]
Kavango identifies strong gravity anomaly in KSZ, Botswana
Kavango Resources plc has identified a strong gravity anomaly over the 11km diameter Great Red Spot (GRS) at the company’s copper-nickel-PGM Kalahari Suture Zone (KSZ) project, Botswana. GRAVITY SURVEY In December 2021, Kavango conducted a gravity survey over the GRS in Target Area B, covering boreholes KSZDD001 (1,000m) and KSZDD002 (currently 390m). The company acquired […]