Block Energy plc has increased its US$1.06 million loan, secured in February 2023, by $940,000 for its oil and gas operations in Georgia. DIRECTORS’ DEALINGS The funds will maintain scheduled liftings and accelerate procurement of materials to drill its next project I wells, the first of which is KRT-45Z, in the West Rustavi/Krtsanisi field. The […]
Day: 14 November 2024
Oriole issues 2m shares for salary sacrifice
Oriole Resources plc said it would issue a total 2,116,259 ordinary shares to members of the board in relation to £7,000 of gross salary foregone during April 2023. The shares will be issued at a 25% premium to their previously agreed pricing under the six-month salary sacrifice scheme. Oriole added that, due to the increase […]
Red Rock issues 24.5m incentive shares
Red Rock Resources plc has issued 24,512,229 ordinary shares each of £0.0001 in the company under a share incentive plan (SIP) for the 2022/23 tax year. DIRECTORS The move was agreed by the trustees in their meeting on 5 April 2023. Four directors are participating in the shares purchase and award of 18,048,913 new ordinary shares […]