Galantas Gold Corporation is offering a non-brokered private placement of up to 5,555,555 units, each at C$0.36 to raise up to C$2 million. USES Each unit comprises one common share of the company and one common share warrant. Each warrant entitles the holder to purchase an additional common share at C$0.55 per share for a period of […]
Day: 15 November 2024
Neptune joins EITI for transparent reporting
Neptune Energy has joined the Extractive Industries Transparency Initiative (EITI) designed to improve accountability for revenues paid and received for a country’s oil, gas and mineral resources. PUBLIC AWARENESS Signatories commit to reporting transparently their operations in EITI-supporting countries to help inform policymakers and raise standards of governance. “We are proud to help uphold the […]
UKOG secures rig to drill Pinarova-1 shallow oil exploration well at Resan
UK Oil & Gas plc has secured a small rig to drill the new Pinarova-1 shallow oil exploration well at the joint venture (JV) Resan licence in the Siirt province, southeast Turkey. PINAROVA The company will test shallow Eocene Hoya light oil prospect across some 9km² and 300-645m below surface. Pinarova lies beneath an active […]
Corcel progresses PNG non-operating strategy
Corcel plc has restructured its nickel-cobalt assets in Papua New Guinea by signing a 50-50 joint venture (JV) deal to create a new carried vehicle. JOINT VENTURE JV partner Integrated Energy Metals (IEM) is a new American company whose website states is focused on building “a world class battery supply chain”. The companies will establish Integrated […]