Kavango Resources plc has progressed exploration activities towards new or expanded drilling programmes at its gold projects in southern Zimbabwe. PREPARATIONS Acquired in July 2023, the Hillside project in Matabeleland comprises 40 contiguous gold claims and contains a historic high-grade underground mine. Kavango plans 16-line km induced polarisation surveys over four of the prospects, aimed […]
Day: 19 December 2024
Scirocoo sets date for requisitioned general meeting
Scirocco Energy plc will convene a requisitioned general meeting on 19 March to vote on a resolution for the company to distribute cash to its shareholders. Forest Nominees Ltd, holder of 78,978,978 shares on behalf of G.P. (Jersey) Ltd, is also calling for Scirocco to sell its material assets and return any cash proceeds to […]
UKOG employee benefit trust subscribes for 3bn shares
UK Oil & Gas plc employee benefit trust (EBT) today subscribed for 3,005,000,000 ordinary shares in the company to return the EBT ordinary shareholding to its original 10% of the issued share capital. The company signed a loan agreement with EBT trustees Alum Trustees Ltd to fund the subscription, at a price per share of £0.0001, […]