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 […]
Month: December 2024
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, […]
Altona issues 1.6m shares
Altona Rare Earths plc has issued 1,591,373 ordinary shares in a director’s dealings and in lieu of cash salary payment for certain other directors and senior management. DIRECTORS AND PDMRs On 8 January, chief executive officer Cedric Simonet bought 20,000 ordinary shares at 2 pence each and on 9 January a further 50,000 for 2.1 […]
Scirocco shareholders back sale of EAG interest
Scirocco Energy plc shareholders have approved the sale of the company’s interest in biogas and renewables specialist Energy Acquisitions Group Ltd (EAG). At today’s general meeting, the resolution received 95.49% votes in favour with 4.51% against. Completion of the deal is subject to a waiver by Allied Irish Banks plc, relating to an existing loan […]
Corcel receives £17,500 via warrant exercise
Corcel plc received £17,500 following notice to exercise warrants for 5 million new ordinary shares of £0.0001, at a price of £0.0035 per share. Following admission, the company’s issued ordinary share capital will comprise 1,675,876,345 ordinary shares each with equal voting rights. Corcel holds no ordinary shares in treasury.
Rockhopper issues 20m shares in warrant exercise
Rockhopper Exploration plc issued a total of 20,349,328 ordinary shares of £0.01 each pursuant to the final exercise of warrants issued as part of the capital raising in June 2022. A total 57,176,012 warrants were exercised prior to the expiry date of 31 December 2023 raising gross proceeds of approximately £5.146m since July 2022. The company issued 60,917,237 warrants to […]