Power Metal Resources plc has raised £37,500 after receiving notice to exercise warrants over 5,000,000 new ordinary shares of 0.1 pence each in the company at an exercise price of 0.75p.
Day: 15 November 2024
Energybuild checks approval for full licence at Aberpergwm Colliery
Owners of Aberpergwm Colliery are conducting final checks on the Coal Authority’s approval for a full underground licence to expand the anthracite mine in the Vale of Neath near Glynneath, South Wales. EXPANSION Energybuild Mining Ltd aims to expand the existing mine to extract up to 40 million tonnes of anthracite over the next 20 […]
Cadence completes 20% acquisition of Amapá
Cadence Minerals plc said it had completed all documentation to own 20% of the Amapa iron ore project in Brazil. AGREEMENT The documents relate to a settlement agreement between the company and its joint venture (JV) partner Indo Sino Pty Ltd with DEV Mineração S.A. and the secured bank creditors. Cadence added that the completion […]
Altus grants share options to employees and PDMRs
Altus Strategies plc has granted share options for a total 3,425,000 ordinary shares of £0.05 each to certain directors, employees and consultants. SUMMARY The share options have exercise prices of £0.65 for 3,125,000 ordinary shares and £0.7315 for 300,000 ordinary shares. This represents an 11.1% and 25.0% premium respectively to the price of the ordinary […]
Anglesey Mining plans move to AIM
Anglesey Mining plc said it looked for greater flexibility and potential tax benefits for investors in its proposed move to the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). STRATEGY Anglesey also proposes cancelling admission of the company on the premium segment of the Official List and to trading on the LSE’s main […]