News Oil & Gas

Predator receives £28,000 via options exercise

Predator Oil & Gas Holdings plc received £28,038.36 following an exercise notice of share options from a former director. SCHEME The options were issued to Dr Stephen Staley in the company’s unapproved share option scheme dated 18 May 2018 to subscribe for 1,001,370 new shares each at 2.8p. Director Total shares Options 18 May 2018 Options […]

Metals & Minerals News

Araguaia approved as strategic minerals project

Horizonte Mineral plc said it would have a priority from Brazilian agencies for the construction and operation of the Araguaia nickel project. IMPORTANCE The move is a consequence of Brazil’s approval of Araguaia as a strategic minerals project, which will also see support from an inter-ministerial committee. “The selection of the Araguaia nickel project as […]

Metals & Minerals News

GreenRoc requests reanalysis of drill results from TBS ilmenite project

GreenRoc Mining plc said that its request for additional analytical work would delay drill results from its Thule Black Sands ilmenite project in Greenland. RESOURCE CALCULATION The results, expected during August 2021, are now due at the end of November. “An upper screening of 1.0mm was initially employed, excluding significant mass of potentially ilmenite-bearing material,” […]

Finance News Oil & Gas

Prospex receives £87,677 via options exercise

Prospex Energy plc received £87,677.88 following notice to exercise of options to subscribe for 2,191,947 new ordinary shares of 0.1p each in the company. AGREEMENTS The options were issued pursuant to option agreements dated 20 July 2020 and were exercised by two directors and an employee. The exercise price is 4 pence per option exercised. […]