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.
Month: 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 […]
Block notes options issue and PDMR dealings
Block Energy plc issued nil-cost options over a total of 2,429,948 ordinary shares of 0.25p each to its directors, employees and consultants. CASH CONSERVATION The options were issued in lieu of cash payment for 40% of salaries and consultants’ fees and up to 50% of directors’ fees. This is in accordance with the cash conservation […]
Cadence JV receives A$140m loan for Yangibana
Cadence Minerals plc’s joint venture (JV) partner has received approval for a A$140 million loan to fund construction of the Yangibana rare earths project, in the Gascoyne region of Western Australia. JOINT VENTURE Cadence owns 30% of three mining leases, six exploration licences and Australian company Hastings Technology Metals holds the remaining 70%. The JV areas are […]
Hummingbird CEO buys 185,000 shares
Hummingbird Resources plc chief executive officer Daniel Betts has purchased 185,000 ordinary shares of 1 penny each in the capital of the company at a price of 13.2297p per share. Following the transaction, Mr Betts is beneficially interested in total 5,234,149 ordinary shares, representing 1.333% of the company’s currently issued share capital.