Orcadian Energy plc said it was no longer a “one-trick pony” after entering into binding agreements for all three licences awarded in the 33rd licensing round. TECHNOLOGY The company is administrator and 100% holder of the southern North Sea Earlham licence P2680 containing an existing discovery, an undrilled prospect and a redevelopment opportunity Mid North Sea […]
Day: 11 November 2024
Ormonde appoints Steve Nicol as NED
Ormonde Mining plc has appointed its technical advisor Steve Nicol as a non-executive director, with immediate effect. Earlier this month he was appointed chief executive of the company’s investee TRU Precious Metals Corp, where he has been a director since Ormonde’s investment in 2023. In April, Mr Nicol was made a director of Ormonde’s other investee Peak Nickel […]
Guardian completes £2m strategic financing
Guardian Metal Resources plc has completed a strategic financing of £2,154,074.58 (US$2.75m) via a direct subscription. The company issued 7,978,054 new ordinary shares of 1.0p each, representing 6.7% of its enlarged issued share capital, at 27p per share. The subscribers will receive one warrant with every two subscription shares, totalling 3,989,027 new warrants, with an exercise […]
Tungsten West appoints Jeffery Court as CEO
Tungsten West plc has appointed Jeffery Court as chief executive officer on the board, effective no later than 1 November 2024. His appointment is subject to completion of his notice period from current employer Capital Ltd, due diligence and approval of a UK work visa. Mr Court is an international mining executive with more than […]