Corcel plc has issued 3,556,362 ordinary shares of £0.0001 each in the company under its share incentive plan for the 2023-24 tax year. The scheme was agreed in the Trustees meetings on 2 April and 8 May 2024. The SIP allows eligible employees to have monthly salary deductions to be held by the SIP Trustees until the end […]
Day: 18 September 2024
Serica to develop Belinda field
Serica Energy plc has received final regulatory approval to develop its 100% owned and operated Belinda field in the Triton area of the UK central North Sea. TRITON The company plans to drill the development well in the first half of 2025, before tying back the field to the Triton FPSO, with production due to […]
Tungsten West issues 1.7m shares in options exercise
Tungsten West plc has received notice to exercise ‘founder’ options over 1,657,196 new ordinary shares of £0.01 each in the capital of the company for £16,572. Granted in October 2021, the founder options are exercisable upon certain milestones achieved and in accordance with the company’s start of trading on AIM. Following admission, Tungsten West’s issued […]
Power Metal completes 75% acquisition of GSAe
Power Metal Resources plc has completed its 75% acquisition of secondary source extraction company GSA (Environmental) Ltd (GSAe), following February’s heads of terms. SAUDI ARABIA The company said that GSAe currently had two memoranda of understanding with Saudi Arabian supplies of vanadium and nickel-bearing fly ash. Advanced research will soon begin on plant design, construction, commissioning […]
Conroy appoints NED and finance director
Conroy Gold and Natural Resources plc has appointed Marian Moroney as a non-executive director and Cathal Jones as finance director, with immediate effect. Ms Moroney has more than 30 years’ experience in exploration, mining, strategic planning, governance, covering business opportunities, joint venture management and oversight, mergers and acquisitions. She spent more than 20 years with Barrick Gold Corporation in senior roles, including […]