Capricorn Energy plc said it planned to buy back shares in the company for up to a maximum total of US$25 million. CAPITAL REDUCTION The company expects the repurchase programme, managed by Merrill Lynch International, to start immediately and complete by no later than 30 April 2024. The scheme aims to reduce the capital of […]
Day: 14 November 2024
Red Rock issues 19m shares to Riverfort in further debt settlement
Red Rock Resources plc issued 19,176,965 new ordinary shares of £0.0001 each in the company in settlement of £30,186.46 debt owed to Riverfort Global Opportunities PCC Ltd. The shares were issued each at a price of 0.15741 pence. Following admission, the company’s total issued share capital will consist of 1,582,509,999 ordinary shares, each with one […]
Ffos-Y-Fran could face enforcement action
Ffos-Y-Fran coal mine could be served an enforcement order after the local authority refused to grant more time to extract mineral and restore the Merthyr Tydfil site in South Wales. FAILURES Operator Merthyr (South Wales) Ltd’s planning permission expired after 15 years on 6 September. Owned by Gwent Investments Ltd, the company had sought an […]
Union Jack sells 2.5% royalty interest in Claymore
Union Jack Oil plc has sold for an undisclosed sum its 2.5% interest in the royalty agreement for the Claymore area in the central North Sea. COMPLEX In March 2021, the company signed the £93,730 deal for part of the royalty unit over 20% of the revenues from a complex comprising three fields of Claymore, […]