Power Metal Resources plc uranium-focused subsidiary has completed a pre-IPO financing of £421,500 for its planned listing during the first half of 2024. EXPECTATIONS Teathers Financial plc, to be renamed as Uranium Energy Exploration plc (UEE), raised the funds at 1.241135p per Teathers new ordinary share. It conditionally acquired the Reitenbach and E-12 Uranium properties in 2022 […]
Day: 11 November 2024
Kavango COO Brett Grist acquires 1.4m shares
Kavango Resources plc chief operating officer Brett Grist has bought 1,353,179 ordinary shares each at 0.739p in the company. The £10,000 purchase was made on 12 December 2023.
Reabold requisitioned meeting set for January 2024
Reabold Resources plc’s shareholders will vote whether to remove and replace the board members at a requisitioned general meeting on 10 January 2024. Pershing Nominees Ltd, which owns approximately 7.79% of the company’s issued share capital on behalf of 13 beneficial shareholders, requested the meeting.
Reabold restarts share buyback from Victory proceeds
Reabold Resources plc has restarted its share buyback programme using new net proceeds from the sale of the Victory gas field to Shell. CAPITAL In October 2022 the company said it intended to begin the programme and return £4 million excess cash to shareholders on receipt of £9.5 million of deferred net sale proceeds from […]