Galantas Gold Corporation has awarded 3,175,000 incentive stock options on the company’s common shares to its directors, employees and consultants. The options, which have an exercise price of C$0.23 and expire on 29 April 2029, were granted in accordance with the Canadian company’s incentive stock option plan and approved by the board on 23 April. One […]
Day: 19 December 2024
Weardale Lithium files extraction plant application
Weardale Lithium Ltd has submitted an application for the phased construction of a lithium extraction plant in the village of Eastgate in Weardale, County Durham. ASSESSMENTS Proposed to be on the brownfield, former cement works near the market town of Stanhope, the plant will process geothermal groundwater from “existing deep, high specification production wells nearby”. […]
Angus NED Paul Forrest resigns
Angus Energy plc non-executive director Paul Forrest has resigned with effect from today. Mr Forrest owns Forum Energy Services Ltd, which completed the sale of Saltfleetby Energy Ltd to Angus in May 2022. He has been involved in the development of the company’s Saltfleetby project since 2019 and joined the board in July 2022. Angus said […]
United appoints Iman Hill as Jamaica consultant
United Oil & Gas plc has appointed non-executive director Iman Hill as a consultant for the Walton Morant project, offshore Jamaica. Ms Hill, who joined United in September 2020, is a petroleum engineer with 30 years’ experience in the oil and gas industry. She has global expertise in the technical and commercial aspects of the […]
EnQuest directors awarded 18m share options
Three EnQuest plc directors were awarded an aggregate 17,684,544 nil-cost options of £0.05 each as part of the company’s performance share plans of 2021 and 2024. Chief executive officer Amjad Bseisu was awarded a total 7,543,281 share options and executive director Salman Malik received 5,422,873. Chief financial officer Jonathan Copus was awarded 4,718,390 under the […]
EGT signs Cyprus tailings recycling option
European Green Transition plc has entered an exclusive 12-month option to acquire a copper tailings recycling project near the past-producing Limni mine near Polis, western Cyprus. PUMP The open pit mine, approximately 900m long, 400m wide and 200m deep, produced more than 8.1Mt at 1.11% copper between 1937 and 1978, before being backfilled with tailings […]