Scotgold Resources Ltd has conditionally raised £2.5 million through a placing and subscriptions by certain directors. DIRECTORS DEALINGS The accelerated bookbuild announced on 9 February 2023 involved 6,250,000 new ordinary shares at a price of 40p per share. Scotgold will issue in aggregate 6,250,000 new shares, representing approximately 9.48% of the enlarged share capital. Seven directors […]
Day: 15 November 2024
UKOG looks to offer support following Turkey earthquake
UK Oil & Gas plc (UKOG) today said it would look at ways of offering support in the wake of the earthquake in Turkey. “[The company] is deeply saddened by the terrible earthquake and unfolding humanitarian tragedy in southern Turkey,” added UKOG in a statement. The company’s Resan licence area is some distance from the […]
Reabold considers early return from Corallian sale
Reabold Resources plc is considering an early distribution to shareholders following receipt of an initial £10 million, with £3.2m net to Reabold, from the sale of Corallian Energy Ltd to Shell UK Ltd. PARTIAL DISTRIBUTION The balance of the total £22m consideration (£9.5 million net to Reabold), is expected to be paid during 2023. At […]
Anglesey completes further 29.8% stake in Grängesberg
Anglesey Mining plc has completed the acquisition of an additional 29.8% of Grängesberg Iron AB (GIAB), which owns the Grängesberg iron ore project in Sweden. The company will now issue 14,544,827 new ordinary shares of 1 pence each in the company at an issue price of 3 pence per share to GIAB founders, Roslagen Resources […]