Altona Rare Earths plc today published a Financial Conduct Authority approved prospectus and issued 76,248,759 new ordinary shares for previously announced fundraises. The shares issue relates to June and July 2024 subscriptions, conversion of February 2023 convertible loan notes, and 7 million shares to convert a loan from Catalyse Capital Ltd. Additionally 3,548,759 shares were […]
Day: 16 September 2024
Panther awarded Awkward West exploration permit
Panther Metals plc has received a three-year exploration permit for the Awkward West prospect on the Obonga greenstone belt in northern Ontario. ADVANCE The prospect includes the 730m long ‘trend 3’ graphite target and the Awkward magmatic feeder conduit target focused on a nickel-copper-platinum-palladium discovery. The permit covers up to 31 planned diamond core drill […]
Parkmead awarded 50% Fynn Beauly
The Parkmead Group plc has been formally awarded 50% of the Fynn Beauly heavy oil discovery, estimated to hold oil-in-place of 740 million to 1.33 billion barrels, in the Outer Moray Firth. UNCERTAINTIES The operator will share licence P2634, comprising blocks 14/15a, 14/20d and 15/11a, with Orcadian Energy plc who holds a 50% interest. An […]