Altus Strategies plc said it had agreed with its largest shareholder La Mancha Fund SCSp (35.08%) to extend the repayment date of the acquisition loan. TERMS The mining royalty company added that the date had extended from 17 February 2022 to 30 June 2022. The annualised interest rate of the facility has increased from 9% […]
Day: 15 November 2024
Galantas receives C$3.2m in early warrant exercise
Galantas Gold Corporation raised CAD$3,212,666 (£1,865,462) in the early exercise of 6,323,333 warrants at an exercise price of CAD$0.40, with an additional 1,708,333 warrants exercised by insiders, CEO Mario Stifano and Ocean Partners USA Inc. SHAREHOLDERS The early exercise of warrants was by shareholders including Michael Gentile, Melquart Ltd and Eric Sprott. A total of […]
Power Metal encouraged by inaugural drill at Haneti
Power Metal Resources plc said it was encouraged by the technical and geological success of its first diamond drill programme on the nickel-copper-cobalt-platinum group element Haneti project in central Tanzania. PROGRAMME The joint venture (JV) between Katoro Gold plc (65%) and Power Metal (35) drilled 900.04 metres across three holes. Operator Katoro has started core logging and […]