Finance Metals & Minerals News

CRL misses grant funding for Redmoor

Cornwall Resources Ltd missed a grant after match funding failed for the conditional offer from the Cornwall and Isle of Scilly Council for its Redmoor tungsten-tin project. APPLICATIONS The company said it had received a “strong letter of support” from a “party developing similar deposits” but external factors resulted in no funds forthcoming. Short notice and […]

Finance Metals & Minerals News

Red Rock issues 54.4m shares for advance

Red Rock Resources plc issued 54,444,444 new ordinary shares at a subscription price of 0.045 pence per share, to convert a £24,500 advance by an existing shareholder. Following admission, the company’s issued ordinary share capital will comprise 5,058,782,486 ordinary shares each with equal voting rights. Red Rock holds none of the ordinary shares in treasury.

Finance Metals & Minerals News

Fulcrum increases fundraise to £863,270

Fulcrum Metals plc has increased its fundraise held earlier this month with two additional subscriptions. HOLDINGS The company raised £114,000 via a previously intended subscription by certain board members of 1,431,250 new ordinary shares at the issue price of 8 pence each. A further £130,000 was raised from certain existing shareholders on the same terms […]

Finance Metals & Minerals News

Clontarf raises £450,000 via placing

Clontarf Energy plc has raised £450,000 before expenses via a placing of one billion new ordinary shares of 0.01p each in the company at a price of 0.045p per placing share. The placing shares represent approximately 12.2% of Clontarf’s enlarged issued share capital. Following admission, the company will have 8,193,326,117 ordinary shares in issue, each with the right […]