Finance Metals & Minerals News

Arkle raises £270,000 via placing

Arkle Resources plc has raised £270,000 before expenses via a placing of 108,000,000 new ordinary shares at a price of 0.25p per share. DIRECTORS Each placing share has one warrant attached with the right to subscribe for one new ordinary share at 0.35p for a period of two years. Proceeds will be used for lithium exploration […]

Company Moves Metals & Minerals News

Oriole CEO Timothy Livesey steps down

Oriole Resources plc chief executive officer Timothy Livesey has stepped down and left the board, with effect from end of 30 April, to focus on his other business interests. His replacement is Martin Rosser who joined the board on 1 May 2024. Mr Livesey was pivotal in reinvigorating Oriole’s strategic direction which led to the […]

Metals & Minerals News

Conroy seeks new partner for Irish licences

Conroy Gold and Natural Resources plc and its partner in Ireland and Northern Ireland have ended their joint venture after two years. DISTRICT SCALE Turkish miner Demir Export A.Ş leaves the agreement with a net smelter royalty, having spent €5,657,671 across the licences since the JV became unconditional on 31 March 2022. The 2% NSR […]

Metals & Minerals News

Golden Metal in warrant exercises

Golden Metal Resources plc issued 4,291,819 new ordinary shares in the company via separate warrant exercises over shares of 1 pence each at an exercise price of 10.75p per share. On 26 April, the company issued received notices to exercise warrants over 1,959,799 new ordinary shares for £210,678.39. Warrant exercises on 18 April saw 283,090 […]

News Oil & Gas

Tullow Oil CFO in shares purchase

Tullow Oil plc chief financial officer Richard Miller has purchased 54,000 ordinary shares of 10 pence each in the company at a price of £0.36 per share. The transaction for £19, 440 took place on 1 May. Tullow‘s licence interests are in Africa, South America and the UK.