Power Metal Resources plc raised £129,868 after receiving notice to exercise warrants over 17,315,789 new ordinary shares of 0.1 pence at an exercise price of 0.75p. Following admission, the company’s issued share capital will comprise 1,498,101,935 ordinary shares of 0.1p each.
Day: 15 November 2024
NSTA appoints Stuart Payne as new CEO
The North Sea Transition Authority (NSTA) has appointed Stuart Payne as the new chief executive officer, effective 1 January 2023. CURRENT POSTS He will succeed outgoing CEO Dr Andy Samuel, who has held the post since NSTA’s creation as the Oil and Gas Authority in 2015. An experienced business leader and current NSTA supply chain, […]
Kavango’s Ditau rare earth and KCB projects valued at $8 million
Kavango Resources plc said it had received an independent valuation of US$8 million for its rare earth element (REE) Ditau Camp and Kalahari Copper Belt (KCB) joint venture in Botswana. VALUATION The 50-50 JV, under Kanye Resources plc, is between Power Metal Resources plc and operator Kavango which intends to regain 100% control of the […]
Obituary – mining financier and Western Gold director Willie McLucas
Mining financier and Western Gold Exploration Ltd’s board director Willie McLucas, whose experience took him to numerous countries across the world has died suddenly aged 67. Mr McLucas worked in Australia, Bolivia, Chile, France, Kazakhstan, South Africa, Turkey and Zimbabwe. He established his successful career as a mining financier at Waverley Mining where he developed […]
Baron Oil grants 175m incentive share options
Baron Oil plc has granted director Dr Andrew Butler share options over 175 million ordinary shares of 0.025 pence each in the company, at an exercise price of 0.07p. WELLS Dr Butler is a director of the company’s subsidiaries SundaGas (Timor- Leste Sahul) Pte. Ltd (TLS) and SundaGas Banda Unipessoal Lda (Banda). Banda operates the Timor-Leste […]