Hartshead Resources NL has cut its workforce as it begins infrastructure funding talks that could “significantly” reduce its upfront phase I spending on the Anning-Somerville gas development. REGRETTABLE The company, already in negotiations for financing, said it could move initial capital expenditure into operating expenditure “via a tariff payable in respect of third party infrastructure […]
Month: November 2024
Power Metal begins trading on OTCQB
Power Metal Resources plc will today begin trading its ordinary shares of 2 pence each on the OTCQB Venture Market in the United States. The company will continue to make announcements and disclosures to the London Stock Exchange. Chief executive Sean Wade said that Power Metal had “significant” interest in its shares from North American investors. “We see this as […]
Central Asia grants 777,873 incentive share awards
Central Asia Metals plc granted a total 777,873 nominal cost long-term share awards at an exercise price of $0.01 per share to its executive directors under its long-term incentive plan 2022. Chief executive officer Nigel Robinson received 311,342 awards taking his total of such awards to 1,793,346. Chief financial officer Gavin Ferrar received 254,734 awards […]
Harbour grants 1.8m share awards to CEO-CFO
Harbour Energy plc granted a combined 1,793,639 performance and deferred bonus share awards to its chief executive officer and chief financial officer. On 8 April, Linda Z Cook received 939,947 share awards at a price of £2.835 each under the company’s 2017 long term incentive plan, representing 300% of her salary. Alexander Krane was granted […]
Capricorn awards 400,000 share options to CFO
Capricorn Energy has awarded 400,000 nil-cost options over its ordinary shares of 735/143 pence each to its chief financial officer Eddie Ok. The grant on 8 April was made under the company’s long term incentive plan approved by shareholders in 2017. All shares were awarded at £1.75 per share, in line with those made on 2 […]
Cora to begin Madina Foulbé exploration drill
Cora Gold Ltd is due to begin exploration drilling next week at its 260km2 Madina Foulbé gold permit within the Kenieba project area in east Senegal. TAMBOR Awarded in 2018, the permit is 27km west of the Sadiola gold mine and close to tier 1 deposits of Loulo, Gounkoto and Fekola, within the Kédougou-Kéniéba Inlier […]