Scotgold Resources Ltd has raised a total £3 million from the now closed retail offer and earlier placing and subscriptions. The company will issue 1,178,460 ordinary shares at a price of 40 pence per retail offer share, as well as 4,815,000 placing shares and 1,435,000 subscription shares for a total 7,428,460 new ordinary shares. On […]
Month: November 2024
New Ballarat finds visible gold in first Berringa drill holes
New Ballarat Gold Corporation plc (NBGC) said it had found visible gold in the first three holes drilled at the Berringa gold mine within the wider joint venture (JV) project in Victoria, Australia. DRILL PROGRAMME Company partners Red Rock Resources plc (51.1%) and Power Metal Resources plc (49.9%) have also renewed the exploration licence covering […]
Deltic NED purchases one million shares
Deltic Energy plc non-executive director Peter Nicol has purchased one million ordinary shares of 0.5p each at a price of 2.6p. Mr Nicol is now beneficially interested in a total two million ordinary shares, representing approximately 0.11% of the voting rights in the company. The purchase took place. on 15 February
WCM appoints Ralph Ferguson as director
West Cumbria Mining Ltd has appointed Ralph Ferguson as a director of the company. Companies House recorded the change for the Australian chief financial officer on 13 February 2023. Mr Ferguson is listed as usually a resident of Hong Kong.
Clontarf JV to mimic biophysical processes for lithium extraction
Clontarf Energy plc plans a 50-50 joint venture with NEXT-ChemX Corporation (NCX) to use the US-based company’s direct lithium ion extraction (DLE) technology in Bolivia. PILOT PLANT The parties have signed a heads of agreement with formation of the JV subject to final due diligence, and formal documentation expected to begin within the next 30 days. […]
Capricorn-NewMed cancel proposed merger
Capricorn Energy plc announced that its proposed merger with Israeli company NewMed Energy Ltd had been terminated by mutual consent. STRATEGIC REVIEW Cancellation of the plans comes less than four months after Capricorn’s previous proposals to merge with Tullow Oil also failed. Today’s news follows a strategic review of the NewMed merger plans by Capricorn’s […]