Reabold Resources plc has increased its interest in the Colle Santo onshore gas field by taking a further stake in part owner LNEnergy Ltd. WARRANT The company subscribed for 17 new ordinary shares each at a price of £12,047, equivalent of 1%, in LNEnergy for £205,000. Reabold has been increasing its interest in Colle Santo […]
Month: September 2024
Guardian finalises Pilot-Garfield drill targets
Guardian Metal Resources plc is finalising drilling holes after geophysics surveys highlighted more anomalies at the Pilot Mountain tungsten and Garfield copper projects in Nevada, USA. APPLICATIONS Ground magnetic and high-resolution induced polarisation surveys at Pilot delineated a magnetic anomaly, approximately 1 km x 1 km, at the Porphyry West target which remains open to the […]
Cornish Metals grants 12.4m stock options
Cornish Metals Inc has granted 12.4 million incentive stock options, each at an exercise price of £0.085 (C$0.14) over common shares without par value, to its executive management and senior staff. The five-year options will vest over a three-year period, with one third of the options vesting at the end of each year, and expire […]
i3 Energy agrees £174m sale to Gran Tiera
i3 Energy plc has agreed to a £174.1 million (US$225.4m) cash and share bid for its entire share capital from Gran Tierra Energy Inc. RECOMMENDATION I3’s portfolio comprises operations in Central Alberta, Clearwater, Elmworth/Wapiti and Simonette in the Western Canadian Sedimentary Basin. The company also holds 75% of Outer Moray Firth licence P2358, containing the […]
Kavango notes ‘extensive’ anomalous gold in soil
Kavango Resources plc said it had identified extensive anomalous gold in soil from sampling results at prospect 4 of the Hillside project in Matabeleland, southern Zimbabwe. ORE BODY The programme was over a 1.5km² area “underlain by greenstones and granites offset by a regional shear with multiple quartz-vein complexes producing gold from artisanal surface workings”. […]
Altona appoints Simon Charles as chairman
Altona Rare Earths plc has appointed Simon Charles as chairman, with immediate effect. He first joined the company in June 2023 as an independent non-executive director and chair of the audit committee and the compliance committee. Mr Charles is a solicitor and a senior partner at City solicitors Marriott Harrison LLP. He replaces Martin Wood […]