Prospex Energy plc has raised £500,000 via the issue of unsecured convertible loan notes to existing and new investors. SUBSCRIBERS The company said that the loan notes had been issued to three individual subscribers. The loan notes hold 15% interest and are convertible into new ordinary shares at a price of 5.5p at any time […]
Month: November 2024
Scirocco shareholders request general meeting
Scirocco Energy plc said that a group of its shareholders had requested a general meeting to discuss strategy, share price and a revenue audit and funding of the Ruvuma gas interest in Tanzania. PROPOSED RESOLUTIONS The company added it would call a general meeting within 21 days of receiving a valid requisition. It will hold […]
Galantas receives C$264,333 via warrant exercise
Galantas Gold Corporation received C$264,333.60 (£174,000) from the early exercise of 700,000 warrants at C$0.33 and 83,334 warrants at C$0.40 by investor Ocean Partners UK Ltd. Following admission, Ocean Partners will have a 4,116,668 common shares representing 4% of the company’s issued share capita. The number of common shares in issue in the Canadian miner […]
Scotgold CEO granted options for 400,000 depositary interests
Scotgold Resources Ltd granted unlisted options over 400,000 depositary interests of no par value each in the company with an exercise price of 75p to chief executive Philip Day. The award is in line with the terms of Mr Day’s employment. The shares, which vest on 1 September 2025, have an expiry date of 31 August 2027. […]
Power Metal stakes first uranium claim within Athabasca
Power Metal Resources plc has acquired its first uranium claim within the Athabasca basin area in Saskatchewan. TERMS Durrant Lake covers 58.66km2 within the eastern side of the Athabasca basin and is the company’s eleventh property with a combined area of 780km2. The property is bordered on three sides by claims held by uranium companies Orano SA, Denison Mines Corp […]
Sunrise notes extensive trenching plans at Pioche
Sunrise Resources plc reported an application for extensive trenching programme at the company’s sepiolite project near the historic mining town of Pioche in Lincoln County, Nevada, USA. SURFACE MAPPING The project is under a $1.25 million sale option to Tolsa USA Inc which submitted the notice to the US Bureau of Land Management (BLM) for […]