Clontarf Energy plc has granted a total 160 million long-term incentive share options over 160m ordinary shares of 0.01p each to its directors and PDMR. The options will vest in three months from the issue date, at an exercise price of 0.06p, and will expire on 26 September 2031. Chairman David Horgan received 60m options; non-executive […]
Day: 11 October 2024
Power Metal acquires new uranium project
Power Metal Resources plc has acquired the Drake Lake-Silas uranium project in Newfoundland and Labrador, Canada. OCCURRENCES The property will be sold into the company’s planned joint venture involving its entire portfolio of uranium licences with UCAM Ltd. Power Metal said it would not further extend the JV’s exclusivity date, “given the advanced state of the transaction” and expects to […]
GreenRoc applies for Amitsoq exploitation licence
GreenRoc Strategic Materials plc has submitted its application for an exploitation licence for Amitsoq graphite project in South Greenland. ENDORSEMENT Chief executive Stefan Bernstein said that the grant of the licence should be in months rather than years, since the Government of Greenland simplified the process in February. The company has also received “very positive […]