Tertiary Minerals plc has raised £100,000 from a broker option for qualified shareholders or other qualified investors. The broker option was at 0.17 pence per share through the issue of 58,823,529 new ordinary shares of 0.01 pence each, together with associated warrants. This brings the total amount raised this week under the placing and broker […]
Month: November 2024
Altus amends Mali JV agreement
Altus Strategies plc has signed an amended joint venture and earn-in agreement (JVA) to cover a broader licence area and retain a 100% interest in the Lakanfla gold project in Mali. AGREEMENT The agreement with partner Marvel Gold replaces the original from June 2020. It now comprises the Tabakorole gold project (100km2) and two contiguous […]
Serica doubles cash on gas price and production rise
Serica Energy plc said it reached 85% production and doubled its cash following high gas prices and the introduction of Rhum R3 well and Columbus field in the North Sea. PRODUCTION In a corporate presentation for the year ended 31 December 2021, the company reported that the Rhum R3 well, put into production in late […]
Arkle to drill at Stonepark
Arkle Resources plc announced it was due to start a fully funded, six-hole drilling programme for 2,300m at its Stonepark zinc project in Limerick, Ireland. PROGRAMME The company’s 23.44% of the programme is €75,000, with operator Group Eleven Resources Corp. holding the remaining 76.56%. The programme will include drilling two holes (250m and 400m) to […]
Tertiary Minerals raises £500,000 through placing
Tertiary Minerals plc raised £500,000 before expenses through placing 294,117,647 new ordinary shares of 0.01 pence each at a price of 0.17 pence. PDMRs Directors of the company participated in an aggregate of £40,000 for 23,529,411 placing shares in support of the fundraising Proceeds will be used to fund drilling and exploration activities at the […]
Alba Mineral Resources announces PDMR dealings
Alba Mineral Resources plc announced PDMR* dealings in the company relating to its executive chairman. George Frangeskides has purchased 10,221,909 ordinary shares at an average price of 0.1475p into an ISA. Following these purchases, Mr Frangeskides now owns a total holding of 48,115,199 ordinary shares, representing 0.75% of the issued shared capital of the company. […]