Metals & Minerals News

CAML plans exploration with $57m and new licence

Central Asia Metals plc (CAML) ended 2023 with $57.2 million cash and growth plans with a new mid-scale copper exploration licence in Kazakhstan. EXPLORATION The company formed a new subsidiary CAML Exploration in an arrangement with a team from Terra Exploration. “Potential target areas have been reviewed and remain under review, and currently one exploration […]

Finance News Oil & Gas

UKOG issues third tranche of shares for loan

UK Oil & Gas plc (UKOG) issued the third tranche of shares, relating to last year’s first investment sum of £2 million, to RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. UKOG said that the first three tranches of equity shares had now been converted at the investors’ discretion to repay the loan, […]