Oriole Resources plc has completed converting the last two tranches of gross salary, totalling £51,000, under its directors’ salary sacrifice scheme which will be extended. COMPANY SHARE The company used the 30-day VWAP on 31 August 2022 (0.1785 pence) and 30 September 2022 (0.194 pence) respectively, for 17,427,633 new ordinary shares of 0.1p each. Following […]
Day: 15 November 2024
Hummingbird partner to take 100% of Dugbe
Hummingbird Resources plc said that its joint venture partner will exercise its right to take 100% ownership of the 2,559 km2 Dugbe gold project in southern Liberia. TERMS The project lies within the southwestern corner of the Birimian Supergroup which hosts most West African gold deposits. Hummingbird identified two deposits of Dugbe F and Tuzon […]
Hurricane Energy initiates own sale process
Hurricane Energy plc said it would begin a formal sale process after receiving an unsolicited cash offer from an unnamed bidder for the company. INDICATIVE OFFER The offshore oil and gas company added that the indicative offer of 7.7 pence per share was at a premium of “only 13%” compared with the mid-market closing price of 6.8 pence per […]