Angus Energy plc has issued 25 million new ordinary shares each at 0.40 pence as part payment of £750,000 fees to secure Trafigura‘s £20m loan The outstanding amount of the total 187.5m fee shares due to Aleph Commodities Ltd are subject to further authorisation at Angus’ general meeting on 14 March 2024. Following admission, the […]
Day: 19 December 2024
Red Rock aims to finalise DRC arbitration award
Red Rock Resources plc aims to finalise its $10 million arbitration award either this week or next in the Democratic Republic of Congo. PROGRESS The company said it expected an initial $2.5 million from its local partner with $7.5m pending. The figures represent 50.1% of what was received by its partner from the buyer and […]
Clontarf progresses bid to extract lithium in Bolivia
Clontarf Energy plc has made progress in the bidding process for direct lithium extraction from seven priority salt pans in Southern Bolivia. FINANCING The company’s joint venture with NEXT-ChemX Corporation proposes a pilot plant in partnership with state-owned lithium company YLB* by the end of 2024. On 4 March Clontarf submitted its qualification materials to YLB […]
Cornish Lithium reappoints Keith Liddell as NED
Cornish Lithium plc has re-appointed former director Keith Liddell as a board non-executive director. Mr Liddell, whose previous appointment ended in June 2023, is experienced in mineral extraction techniques and management of mineral projects worldwide. An experienced metallurgical engineer and resource company director, he is chairman of Lifezone Metals Ltd and a director of Tombador […]
Cornish Lithium chairman Ian Cockerill leaves
Cornish Lithium plc’s independent non-executive chairman Ian Cockerill has left to become chief executive officer and executive director of Endeavour Mining plc. Company founder and CEO Jeremy Wrathall will be interim chairman until a replacement independent non-executive chair is appointed. Mr Cockerill said: “Cornish Lithium has made significant progress over the past two years, and […]