UK Oil & Gas plc has issued a further 228,215,768 equity shares to repay £55,000 of the 2023 loan from RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. The loan’s principal balance is now £370,000 of the £2 million gross first cash sum received by the company. Following admission, UKOG’s total voting rights […]
Month: December 2024
Fulcrum extends uranium assets sale date
Fulcrum Metals plc has extended the sale deadline for its Saskatchewan uranium projects to allow for delays in the documentation process. The expected definitive agreement with potential purchaser Terra Balcanica Resources Corp has been deferred from May to 15 June. Fulcrum signed the non-binding letter of intent on 2 April for 100% of the Charlot-Neely, Fontaine […]
Galantas converts loans into 235,000 shares
Galantas Gold Corporation has converted US$60,000 debentures from late 2023 into 235,294 common shares issued at a price of $0.255 each. Following admission, the company will have $5,278,000 in debentures remaining in issue and 114,770,587 common shares.
Scirocco enters final day of dealing
Scirocco Energy plc today marks its final day of dealing following shareholders’ approval earlier this month to cancel trading. MVL On 17 May, the company’s shares will be admitted to JP Jenkins share dealing platform for unlisted or unquoted assets in companies. The platform enables shareholders and prospective investors to buy and sell equity on […]
Horizonte appoints administrators
Horizonte Minerals plc has entered administration and suspended trading after failing to secure full financing for its Araguaia nickel project in Brazil. INJUNCTION The company’s shares stopped trading on AIM today and TSX at 6pm on 15 May. Its nominated adviser Peel Hunt LLP resigned, with Horizonte having “no current intention” of appointing a replacement. […]
Golden Metal confirms new Garfield anomalies
Golden Metal Resources plc said it had confirmed two “highly prospective” buried magnetic anomalies at its Garfield copper project in Nevada, USA. SIZE The findings are from the inversion modelling of the magnetic geophysics survey data and follow last month‘s identification of potential porphyry targets. The first is at High-Grade zone, where two “discrete magnetic […]