Finance Metals & Minerals News

CMR chairman purchases loan notes balance

Critical Mineral Resources plc’s chairman has agreed to acquire the balance of the July convertible loan notes. VOTING RIGHTS Dominic Traynor will purchase in cash £325,619.17 of the balance due under the loan notes from the loan note holders.   Under the terms of the CLNs, Mr Traynor will convert the balance into 29,601,743 new […]

Finance News Oil & Gas

Ascent acquires 49% in Utah-Colorado licences

Ascent Resources plc has acquired a 49% interest in 119,000 acres of helium-rich oil and gas licences in the Paradox Basin across Utah and Colorado, USA. ZONES The US$2 million acquisition, supported by a $475,949 fundraise at a 203% premium, is from Houston-based operator American Helium LLC. Ascent will pay $1.75m with 27,650,000 new Ascent […]