Oriole Resources plc non-executive chair Eileen Carr has acquired 6 million ordinary shares of 0.1p each in the company at a price of 0.33 pence per share. The shares, bought for £19,800, represent 0.15% of the issued share capital of the company. Following the purchase, Ms Carr has a beneficial interest over 168,172,969 ordinary shares, representing […]
Month: November 2024
Corcel to acquire new data on Angola blocks
Corcel plc has received approval to acquire new geological and geophysical data on its three onshore Angola blocks. FOCUS KON-11 and KON-12, considered brownfield redevelopment with historic production from the Tobias and Galinda fields, and operated KON-16 will be subject of an enhanced full tensor gradiometry survey (eFTG). The programme follows “inconclusive results” at the end […]
Baron Oil chairman buys 30m shares
Baron Oil plc independent non-executive chairman Gerry Aherne bought 30 million ordinary shares of 0.025 pence each in the company, at an average price of 0.06825 pence per share. The 6 June transaction for £20,475 takes Mr Aherne’s total beneficial shareholding in the company to 60m ordinary shares. The figure represents approximately 0.24% of Baron’s […]
Tertiary takes majority share in new Zambia JV
Tertiary Minerals plc has completed all conditions precedent for its Zambia copper joint venture agreement and taken majority ownership of the new company Copernicus Minerals Ltd. STRUCTURE The February 2024 agreement with local partner Mwashia Resources Ltd covers the Jacks, Mukai and Mushima North exploration licences. Mwashia will own 10% of Copernicus while Tertiary’s 96% […]
Reabold awards 96m share options
Reabold Resources plc has awarded 96,016,810 nil-cost share options to certain directors and persons discharging managerial responsibilities under its deferred annual bonus plan. On 6 June, co-chief executive officers Sachin Oza and Stephen Williams each received 36,839,030 awards and chief financial officer Chris Connolly received 22,338,750. The awards represent 50% of the total 2023 annual […]
Clontarf rejected for phase 4 Bolivia lithium bid
Clontarf Energy plc has been rejected for the phase 4 round of bids to extract lithium from priority salt pans in Bolivia. INDIA The company said it had been unable to provide an A3 or A- credit rating, as requested, because it had no credit rating or issue of bonds. Clontarf identified an offtake partner, […]