Legal News Oil & Gas

Scirocco appoints voluntary liquidator

Scirocco Energy Ltd has appointed a voluntary liquidator following approval in a general meeting earlier this month. The appointment follows shareholders‘ vote to wind up the company and for cash to be returned to them. Companies House recorded that Scirocco re-registered in June as a private company.

Finance Metals & Minerals News

Alba raises £192,522 via retail offer

Alba Mineral Resources plc has conditionally raised approximately £192,522 before expenses via a “significantly oversubscribed” retail offer, exceeding its target of £100,000. The company issued 550,063,457 new ordinary shares of 0.01 pence each in the company at 0.035 pence per share. Following admission, Alba’s total number of ordinary shares in issue will be 9,725,510,695, with voting rights. The company holds […]

Legal Metals & Minerals News

WCM ‘robustly’ defends coal mine

West Cumbria Mining Ltd said it had “robustly” defended the legal challenges against its planned deep coal mine heard last week in the High Court. U-TURN The company responded in a deferred rolled-up hearing between 16 and 18 July, to objections from Friends of the Earth and South Lakes Action on Climate Change to the […]

News Oil & Gas

Europa CEO buys 1.13m shares

Europa Oil & Gas (Holdings) plc chief executive William Holland has bought 1,136,016 ordinary shares of £0.01 each in the company at 1.23 pence per ordinary share. Following the purchase, Mr Holland is beneficially interested in a total 5,023,316 ordinary shares, representing approximately 0.524% of Europa’s issued share capital. The £13,973 transaction took place today, […]

Finance Metals & Minerals News

Panther granted Dotted Lake exploration permit

Panther Metals plc has received a three-year exploration permit for the North Limb, covering Dotted Lake, of the Schreiber-Hemlo greenstone belt in Ontario. FINANCING The company plans a comprehensive work programme on the “highly prospective” intrusive linked nickel-copper-cobalt and platinum group metal target in the northeast of Dotted Lake. The site lies approximately 16km north of […]

Metals & Minerals News

CMR issues 7.3m incentive shares

Critical Mineral Resources plc has issued 7,345,350 ordinary shares of 1 pence each under the board-approved equity incentive scheme. DIRECTORS The shares, released in three tranches, are subject to the company’s share price rising every 12 months to 2.5p, 3.5p and 5p or higher until after 36 months. Following admission, the company’s enlarged issued share […]