Finance News Oil & Gas

JOG receives £233,334 via options exercise

Jersey Oil & Gas plc (JOG) received £233,334 following notice to exercise options to subscribe for a total 111,667 new ordinary shares of 1p each in the capital of the company. The options, scheduled to expire shortly, were exercised by a number of former employees. Following admission, the company’s enlarged share capital will comprise 32,665,960 […]

Metals & Minerals News

Arkle awarded Makgadikgadi lithium licences

Arkle Resources plc has broadened its lithium exploration portfolio with two licences in the salt pans of northeast Botswana. TARGETS PL075/2023 and PL0148/2023, covering 312 and 525km2 respectively, lie in the Makgadikgadi salt pans. The company said that very little was known about the potential for lithium brines at the site. Initial prospecting is planned […]