Power Metal Resources plc raised £25,000 following notice to exercise options by a former director over 2,500,000 new ordinary shares of 0.1 pence each in the company. The option shares were exercised at a price of 1.0 pence per new ordinary share.
Day: 15 November 2024
Oil & Gas Authority CEO Andy Samuel to step down
The Oil & Gas Authority announced that Andy Samuel will step down in December 2022 as chief executive after eight years. The OGA board plans to appoint a successor during the summer to allow a period of handover.
Angus Energy raises £1.4m via placing
Angus Energy plc raised gross proceeds of £1,400,000 through placing 175,000,000 ordinary shares to certain institutional and other investors at a price of 0.8 pence per share. Net proceeds of the placing will be used for the Saltfleetby gas field budget (now 90% finalised), the company’s new focus on geothermal projects, and working capital and […]