Tertiary Minerals plc said it had completed its first drill programme at the Jacks copper project in Zambia. JACKS The project lies within exploration licence 27069-HQ-LEL, held by the company’s local partner Mwashia Resources Ltd. Tertiary has an exclusive option to earn up to a 90% joint venture (JV) interest in the licence. PROGRAMME The […]
Day: 15 November 2024
Tertiary managing director Patrick Cullen resigns
Tertiary Minerals plc announced that managing director Patrick Cullen has resigned from the company, effective 20 June 2022. The company said it was looking to recruit a replacement during which time other members of the board would assume his responsibilities. Mr Cullen joined the company in September 2021. Executive chairman Patrick Cheetham added that the […]
Altus Strategies notes directors’ / PDMRs dealings
Altus Strategies plc announced three directors’ dealings on 15 June 2022. PDMRs Chief executive officer and director Steven Poulton purchased 100,000 ordinary shares of £0.05 each at an average price of 47.72p per share, for £47,724. This will increase his shares to 6,700,000, representing 5.71% of the company’s outstanding issued ordinary share capital. Executive director […]
Harbour begins $200m share buyback
Harbour Energy plc said it had today started a share buyback programme of the company’s ordinary shares for up to a maximum of $200 million. PROGRAMME The company has signed an irrevocable, non-discretionary agreements with its corporate brokers to execute the programme on its behalf. Harbour added that it continued to employ a disciplined and […]
Rockhopper raises £5.75m via placing and subscription
Rockhopper Exploration plc has raised US$7 million (£5.75m) through a placing and subscription. DISCOUNT The company placed 82,182,776 units each at the issue price of 7 pence, which is a 12.5% discount to the closing price on 14 June 2022. Each unit comprises one new ordinary share and, for every two new ordinary shares subscribed for, […]
Orcadian signs data deal with TGS
Orcadian Energy plc has signed a seismic licensing deal with the energy data company TGS for its North Sea licences. AGREEMENT The agreement will give Orcadian high quality seismic data, revealing the reservoir structures and likely fluid type. Data will be used to evaluate the “multitude of development opportunities and prospects”. The company added that […]