Sunrise Resources plc has granted its potential purchaser a 12-month extension to exercise its option over the Pioche sepiolite project in Nevada. MAXIMISE Tolsa USA Inc will pay an extension fee of US$100,000 before 15 January 2024, and the option exercise price increases from $1.25m to $1.4m. The Spanish company’s previous deadline to buy Pioche […]
Day: 23 December 2024
Tullow Oil NED buys 150,000 shares
Tullow Oil plc non-executive director Roald Goethe has bought 150,000 ordinary shares of 10 pence each in the company. The purchase in three groups totalling 150,000 shares, at an average price of 37p per share for a total £55,940 was on 22 December.
Golden Metal grants 3.9m share options
Golden Metal Resources plc has granted options over 3.9 million new ordinary shares of 1 pence each in the company to certain directors, employees and advisors. The options, representing 4.6% of the existing issued share capital of the company, allow subscription for new ordinary shares at an exercise price of 14p, with an immediate vesting period. The expiry […]
Capricorn notes FPSO sets out for Sangomar
Capricorn Energy plc said that first oil was still possible during H1 2024 from the Sangomar field after the FPSO today began its way to the offshore Senegal development. PRODUCTION Operator Woodside Petroleum previously deferred first oil from late 2023 but today announced the FPSO’s departure from Singapore for the field. Capricorn may be entitled […]
Antler appoints Europa CEO as director
Antler Global Ltd director Simon Barry has left as Europa Oil & Gas plc CEO and nominee William Holland takes up the post. Companies House recorded the changes effective on 20 December. Antler Global’s oil and gas assets are in Equatorial Guinea.
Horizonte secures interim $20m for Araguaia
Horizonte Minerals plc has agreed US$20 million interim funding for critical construction work at its flagship Araguaia nickel project in Brazil and general working capital. PACKAGE The money will be used to re-estimate work necessary to implement a full funding solution, as well as to complete the water storage reservoir and the 230kV powerline. The […]