Central Asia Metals plc directors today exercised 1,383,849 nominal cost options over ordinary shares of US$0.01 each in the company, at an exercise price of $0.01 for a total £3,072,976. Central Asia said it settled the option exercise, under its employee share plan 2011, in cash at £2.2206 per share. No actual shares were sold […]
Day: 18 September 2024
Clontarf raises £300,000 via placing
Clontarf Energy plc has raised £300,000 before expenses via a placing of 857,142,857 new ordinary shares of 0.01p each in the company at a price of 0.035p per placing share. The placing shares represent approximately 11.92% of the company’s enlarged issued share capital. Net proceeds will advance Clontarf’s lithium projects in Bolivia and neighbouring countries, […]
Panther raises £375,000 via discounted placing
Panther Metals plc raised £375,000 via a placing of 8,333,334 new ordinary shares at a discounted price of 4.5 pence per placing share in a bookbuild. USES The shares issue will represent approximately 8.2% of the company’s enlarged ordinary share capital following the placing. The placing price of 4.5p per placing share is a 12.6% […]
United settles outstanding $840,000 debt
United Oil & Gas plc said it had settled the final outstanding sum of $839,200 with its debt provider. JAMAICA The company has also completed the necessary paperwork to withdraw fully from Egypt. Chief executive Brian Larkin added: “We’re delighted to have reached a settlement agreement with our debt provider and express our gratitude for […]
Condor chairman increases holding
Condor Gold plc received notice from its chairman’s company to exercise warrants for 3,333,332 new ordinary shares of £0.001 each, at an issue price of 15p per share for £499,999.80. LA INDIA The notice came from Galloway Ltd, wholly owned by Burnbrae Group Ltd, which in turn is wholly owned by chairman Jim Mellon. Condor […]
Ruling due on Karelian mine compensation
Karelian Diamond Resources plc expects an August court judgement over compensation and the boundary of its diamond mine development at Lahtojoki in Kuopio Kaavi, Finland. Two farmers previously appealed against money owed to them as well as the site boundary. Karelian said that following the court hearing on 21 May, the Finnish Land Court announced […]