Corcel plc has raised £200,000 gross from issuing 50,000,000 new ordinary shares of £0.0001 each at £0.004 to its proposed joint venture partner Shangdong New Power COSMO AM&T (NPC). The company has also issued one warrant for every one share exerciseable at £0.005 at any time over the next year. On admission, the company’s total issued share capital will comprise 580,208,295 ordinary […]
Day: 15 November 2024
Corcel enters MoU for metals JV
Corcel plc has entered into a memorandum of understanding (MoU) for a proposed 50-50 joint venture (JV) for its interests in nickel-cobalt in Papua New Guinea (PNG). JOINT VENTURE Corcel and Shandong New Powder COSMO AM&T (NPC)’s JV company will be Integrated Battery Metals (IBM). The partners intend to create a Singapore-based JV which will […]
Horizonte awards feasibility study to Wood for Vermelho
Horizonte Minerals plc has chosen Wood plc for the principal engineering contract to conduct the feasibility study (FS) for its Vermelho nickel-cobalt project in the Pará State, northeast Brazil. VERMELHO Vermelho lies in the Carajás mining district which has developed infrastructure and hydroelectric power as a result of sustained mining activities. The company’s flagship nickel […]