Capricorn Energy plc today opened and immediately closed the general meeting, adjourned from 1 February, relating to the now terminated proposed transaction with NewMed Energy Ltd. The proposed resolutions were withdrawn and the meeting closed with no shareholder vote taking place.
Month: November 2024
Conroy Gold JV finds new area of gold mineralisation at Newtownhamilton
Conroy Gold and Natural Resources plc said it had discovered a new area of gold mineralisation, with visible native gold present, in the Longford-Down Massif in Northern Ireland. EXPLORATION The JV made the discovery during prospecting over the company’s Mines Royal (Newtownhamilton) option area in County Armagh. The discovery lies south of the company’s Mines […]
Hummingbird adds $1.4m for $19m target fundraise
Hummingbird Resources plc has received a further conditional subscription of US$1.4 million (£1.2m) from certain existing institutional shareholders. OPEN OFFER The company said is also inviting other Hummingbird shareholders to subscribe for new ordinary shares at the same price through an open offer aimed to raise up to circa $2.4m (£2m). The move follows February’s strategic […]
Corcel signs 30-day option for Canegrass lithium
Corcel plc has signed an exclusive 30-day option to acquire 100% of the lithium rights of the Canegrass project in Western Australia. CANEGRASS The project, comprising several granted mineral tenements, extends over part of the Windimurra Igneous Complex, a large differentiated layered ultramafic to mafic intrusion within the Yilgarn craton. Canegrass is a conical to sheet-like […]
UKOG targets 2026 for Loxley production and sales
UK Oil & Gas plc has targeted 2026 to produce and sell gas from its 100% owned PEDL234 licence – Loxley – in Surrey. TIMETABLE The news follows publication of a competent persons report (CPR) for “one of the UK’s largest onshore gas discoveries” at 31 billion cubic feet 2C recoverable gas within the licence. […]
Prospex Energy receives £20,000 in warrant exercise
Prospex Energy plc has received £20,000.52 following notices for the exercise of warrants to subscribe for 666,684 new ordinary shares of 0.1p each in the company. USES The exercise price is 3 pence per warrant exercised. “These two warrant conversions are the last two 3p warrants remaining from the equity fund raise that took place […]