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 […]
Month: December 2024
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 […]
Scirocco Energy plans to sell interest in EAG
Scirocco Energy plc plans to sell its interest and investment in Energy Acquisitions Group Ltd (EAG) for £2.6 million plus contingent consideration of up to a further £150,000. SHAREHOLDERS The sale, related to anaerobic digestion sites, is to OrbeNovo Sponsor LLP. Scirocco said that the growth of EAG was “heavily dependent” on more investment but […]
Dalradian Gold director Keith Mckay leaves
Dalradian Gold Ltd director Keith Mckay has stepped down while Michael Barton is appointed to the same role. Companies House recorded both changes effective on 14 December 2023. Dalradian is 75% controlled by Ontario-based Dalradian Gold Inc. and owned and backed by US investor Orion Resource Partners. Since late 2009, the company has focused on […]