Metals & Minerals News

Golden Metal receives £31,859 via warrant exercise

Golden Metal Resources plc received £31,859.02 following notice to exercise warrants over 187,406 new ordinary shares of 1 pence each in the company at 17p per warrant share. Following admission, the company’s issued share capital will comprise 110,019,623 ordinary shares of 1p each. The number represents the total voting rights in Golden Metal.

Company Moves News Oil & Gas

Baron Oil renamed as Sunda Energy

Sunda Energy plc has been registered as the new name for Baron Oil plc. The company is currently preparing financing to drill an appraisal well in the Chuditch field, offshore Timor-Leste. In June, Sunda entered year three of the production sharing contract and aims to begin planned operations in 2025.