Clontarf Energy plc has granted its directors long-term, incentive share options over a total 160,000,000 ordinary shares of 0.01p each in the company. DIRECTORS The company added that the options vest immediately and have an exercise price of 0.0725p which is a premium of c. 4% to the closing price on 16 January 2023. The […]
Month: November 2024
United signs £5.7m deal for Maria discovery
United Oil & Gas plc has started a second attempt to sell to Quattro Energy Ltd licence P2519 containing the Maria oil discovery within block 15/18e in the UK Central North Sea. QUATTRO ENERGY The company signed a binding asset purchase agreement (APA) to sell the licence for up to £5.7m, which is a higher price […]
Clontarf raises £1.3m via placing and subscription
Clontarf Energy plc has raised £1,300,000 before expenses via a placing and subscription for 2 billion new ordinary shares 0.01p each in the company. ISSUED SHARE CAPITAL The fundraise through “several Australian based brokers” was at a price of 0.065p per placing share, representing approximately 45.76% of the company’s issued share capital as enlarged by […]
Power Metal raises £900,000 via placing-subscription
Power Metal Resources has raised £900,000 before expenses from a completed placing and subscription. FINANCING The company issued 64,285,714 new ordinary shares of 0.1p each in the company at an issue price of 1.4p per share, the closing market bid price on 13 January 2023. Each financing share has an attaching warrant to subscribe for one new […]
FCM reports further high grade intercepts at West Pickle Lake
First Class Metals plc (FCM) reported further high-grade drillhole intercepts from the West Pickle Lake massive sulphide discovery in Ontario, Canada. JOINT VENTURE The Pickle Lake project area comprises 33 single cell mining claims over which Palladium One Inc has the option to earn in to an 80% interest subject to a three-year work programme commitment. […]
Parkmead discovers gas columns at Drenthe VI
The Parkmead Group plc has encountered gas columns in the primary target horizons on completion of drilling at the onshore LDS-01 well in the Netherlands. DRENTHE VI LDS-01 is the first of a two-well campaign on the Drenthe VI concession targeting several onshore gas prospects. Parkmead said that the well, drilled to a depth of […]