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 […]
Month: November 2024
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 […]
Cornish Metals agrees $4.5m royalties sale
Cornish Metals Inc has entered a binding US$4.5 million (£3.8m) sale of its royalty interests on the Mactung and Cantung tungsten projects in Northern Canada. PAYMENTS The agreement with Elemental Altus Royalties Corp follows the sale of the Cornish Metals’ Nickel King project, reflecting the Canadian company’s focus on its South Crofty tin project. Start […]
Guardian receives £76,461 via warrant exercise
Guardian Metal Resources plc received £76,461.58 following notices to exercise warrants over 449,774 new ordinary shares of 1 pence each in the company at 17p per warrant share. Following admission Guardian’s issued share capital will comprise 110,557,632 ordinary shares of 1p each, with voting rights.
Altona issues 76m shares on published prospectus
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 […]
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 […]