First Class Metals plc has repaid the 9,695,332 shares loaned to it from executive chairman and director James Knowles. The loan was in two tranches from November 2023 and February 2024.. FCM today issued the same number of shares to Mr Knowles. Following admission, the company will have 91,741,361 ordinary shares of £0.001 par value in issue, […]
Day: 16 September 2024
Orcadian misses deadline to repay Shell debt
Orcadian Energy plc has missed the deadline to pay the $1.43 million debt owed to Shell International Trading and Shipping Company Ltd (Stasco). FUNDS The company, which aimed to secure funds by 5 July, said on the same date that the expected money had not arrived from an as yet unnamed industry partner. A statement […]
Golden Metal renamed as Guardian Metal
Golden Metal Resources plc has officially changed its name to Guardian Metal Resources plc. The new name reflects the company’s “strategic metals” projects including Pilot Mountain tungsten and Garfield copper, aimed at the US defence, industrial and energy sectors. On 28 June, the company was upgraded from the OTCQB market to the OTCQX market in […]
Deltic secures Pharos-Teviot discoveries
Deltic Energy plc has formally secured the Blackadder prospect and Pharos-Teviot discoveries, immediately west of the West Sole gas field. POTENTIAL Licence P2672, covering blocks 47/5e, 47/10c and 48/6c, was one of two provisionally awarded to the company in the third tranche of the UK’s 33rd offshore licensing round. Drilled in 2013, discovery well 47/05d-6 […]