Tullow Oil plc reported option exercises and further purchases by directors of a total 7,565,289 ordinary shares each of 10 pence in the company. PURCHASES Non-executive director (NED) Roald Goethe yesterday bought 200,000 shares each at an average price of 27 pence for £55,994. On 28 June, NED Sheila Khama purchased 32,900 shares each at […]
Month: December 2024
Angus agrees £6m bridge loan
Angus Energy plc has signed a heads of terms for a further six-month bridge loan of £6 million. USES The company added that the previous £3m debt facility from March 2023 had been rolled according to its terms for a further three months. Terms of the £6m facility will be agreed next week. Funds will […]
Capricorn pays $4.3m to governments for 2022
Capricorn Energy plc reported a total $4,339,000 payments during 2022 to governments for its oil and gas assets. The company paid $2,503,000 to Mexico; £264,000 to the UK; £1,515,000 to Mauritania; and $57,000 to Israel. Payments are for licence fees and also include £4,000 taxes in the UK.
Golden Metal begins grant application for Pilot
Golden Metal Resources plc has started the application process for a short list of non-dilutive government grants for its Pilot Mountain tungsten project in Nevada, USA. TARGETED Funding will allow the company to “fast-track” its flagship asset and establish Pilot Mountain as the “only domestic American primary mined source of tungsten”. The move follows the company’s appointment […]
Predator receives £1.9m from directors’ shares sale
Predator Oil & Gas Holdings plc received a £1,890,000 loan before expenses after two directors sold 18 million shares. PROSPECTUS Predator said it had insufficient headroom for the issue and admission of new ordinary shares without an FCA-approved prospectus, which it expects to complete “in the coming weeks”. The company aims to publish a revised […]
Cornish Metals founder Grenville Thomas retires
Cornish Metals Inc founder Grenville Thomas has stepped down from his post as board director but remains associated with the company as chairman emeritus. Mr Thomas established the company, previously named Strongbow, more than 20 years ago. Born in Swansea, he graduated in 1964 from Cardiff University with a Bachelor of Science degree in Mining […]