Oil and gas investor Reabold Resources plc said it had yesterday received an unsolicited approach by email to buy out the company. OFFER Kamran Sattar made the offer on behalf of Portillion SPV O&G, which Reabold believes is an affiliate of Portillion Capital Ltd. Companies House lists Mr Sattar as the sole director of financial […]
Month: November 2024
New Ballarat finds further visible gold at Berringa
New Ballarat Gold Corp (NBGC) has now found visible gold in four of six completed diamond drill holes for a total 988 metres at Berringa mine in the Victoria gold fields in Australia. JOINT VENTURE The company, planned for listing, is a joint venture (JV) between Red Rock Resources plc (51.1%) and Power Metal Resources […]
First Class Metals receives £75,000 via warrant exercise
First Class Metals plc received £75,000 following notices to exercise warrants over 600,000 ordinary shares. On admission, the company’s issued share capital will consist of 71,394,589 ordinary shares with voting rights.
Sunrise stakes 27 mining claims at Reese Ridge
Sunrise Resources plc has staked 27 new mining claims targeting gold and base metals immediately next to its Ridge limestone project at Reese Ridge in central Nevada, USA. REESE RIDGE The project lies on the south side of the prospective Humboldt structural zone and next to the Reese River geothermal system which is currently undergoing […]
Europa CEO Simon Oddie to retire
Europa Oil & Gas (Holdings) plc chief executive officer and executive director Simon Oddie has decided to retire but remains a board non-executive director. PORTFOLIO He has been replaced by chief financial officer and executive director William Holland with immediate effect. Mr Oddie was initially non-executive chairman in January 2018, before becoming interim CEO and […]
Neptune contributes record $4.8bn GVA
Neptune Energy said it had provided record levels of support for European economies, with additional contributions outside the continent, from its global oil and gas activities. IMPACT The figures, from an economic impact analysis by Oxford Economics and included in Neptune’s annual report, show contributions of $4.8 billion gross value added (GVA) and support for […]