Golden Metal Resources plc received £136,858.86 following notices to exercise warrants over 805,052 new ordinary shares of 1 pence each in the company at 17p per warrant share. On admission, Golden Metal’s issued share capital will comprise 109,832,217 ordinary shares of 1p each, with voting rights. The transaction was on 14 June.
Month: November 2024
Reabold CEOs purchase 200m shares
Reabold Resources plc co-chief executive officers have purchased a total 200,714,285 ordinary shares in the company. On 13 June, Sachin Oza sold 16,744,286 ordinary shares each at 0.0575 pence and immediately purchased 25,000,000 shares, each at 0.0665 pence, into his Individual Savings Account. He separately bought a further 135,714,285 ordinary shares each at 0.07 pence, […]
West Newton targets low capex and early revenue
The West Newton joint venture said that new development plans allow early production and revenue with low capital expenditure, based on the project’s feasibility study. DEVELOPMENT The West Newton A1, A2 and WNB-1z discoveries lie within licence PEDL183 in East Yorkshire. CNG Services Ltd’s study revealed that, before full field development, an initial single horizontal […]
Corcel to progress Mambare sale
Corcel plc is to sell its 41% interest in the Mambare nickel-cobalt project and associated Oro Nickel joint venture, following no response from its partner’s pre-emption notice and time extension. ADVICE In March 2023, Corcel restructured its Papua New Guinea assets in a 50-50 joint venture with Integrated Energy Metals (IEM) to create a new carried […]
UKOG makes further loan repayment
UK Oil & Gas plc has further reduced its £2 million loan from 2023 with RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. The company issued a further 238,095,238 equity shares to repay £50,000, leaving a balance of £260,000. Following admission, UKOG’s total voting rights will be 4,586,597,988 ordinary shares.
Oriole CEO purchases 3m shares
Oriole Resources plc chief executive officer Martin Rosser today bought 3 million ordinary shares of 0.1p each in the company at a price of 0.354 pence per share. The acquisition represents 0.08% of Oriole’s issued share capital. Following the purchase, the company’s directors hold a total 225,196,990 ordinary shares, representing 5.78% of Oriole’s total voting rights.