Oriole Resources plc has conditionally raised £600,000 in a placing, including £32,000 as subscriptions by certain directors. DIRECTORS’ DEALINGS The company announced on 28 October, that it will issue in aggregate 500,000,000 new ordinary shares, each at 0.12 pence. The placing price is equal to a 27% discount to the 14-day volume weighted average price […]
Day: 15 November 2024
Alba submits new dewatering application
Alba Mineral Resources plc said it had submitted a new permit application to dewater the Llechfraith shaft and associated workings at its 100% owned Clogau-St David’s gold project in North Wales. RENEWED APPLICATIONS The company also submitted renewed applications for a water discharge permit and a European Protected Species licence for the proposed dewatering exercise […]
Rockhopper faces application to annul €190m award
Rockhopper Exploration plc said that the Italian Government had applied for an annulment of €190 million compensation for the company over the Ombrina Mare oil field dispute. APPLICATION In August the International Centre for Settlement of Investment Disputes (ICSID) arbitration held that Italy had breached its obligations under the Energy Charter Treaty. Rockhopper added that on 28 […]