Corcel plc received £82,500 following notices of 39,285,714 warrants exercised at a price of £0.0021 per share. The company has issued 39,285,714 new ordinary shares of £0.0001 each. Following admission, Corcel’s issued ordinary share capital will comprise 1,638,814,702 ordinary shares, each with one voting right and none held in treasury.
Day: 11 November 2024
Tobias-14 penetrates entire Binga reservoir
Corcel plc’s second well in Angola has penetrated the entire Binga reservoir section, of an approximately 80-metre column, with potential pay zones in multiple intervals. MOVEABLE FLUIDS Operator Sonangol drilled Tobias-14 to a total depth of 781m and close to TO-4, as an offset well from the “best historic producer” in the original Tobias field. […]
Reabold warns of shares suspension under new directors
Reabold Resources plc warned it could be suspended from trading if shareholders approved proposed board directors without completion of due diligence. NOMAD Pershing Nominees Ltd requisitioned a general meeting, set for 10 January, on behalf of several beneficial shareholders for resolutions to remove and replace Reabold directors. Reabold added that its nominated advisor Strand Hanson […]