Corcel plc has completed a placing for £1,055,515 with an oil and gas focused cornerstone investor group. USES The fundraising was at a price of £0.0035, representing a 11% premium to the closing price of 27 March 2023 and a 16.6% premium to the 30-day VWAP. Corcel issued 301,575,574 new ordinary shares of £0.0001 to a […]
Company Moves
Tungsten West appoints CEO Neil Gawthorpe as director
Tungsten West plc has appointed its chief executive officer Neil Gawthorpe to the board as an executive director. The company first announced its intention to make the appointment when Mr Gawthorpe became CEO earlier in March.
Harbour appoints Belgacem Chariag as NED
Harbour Energy plc has appointed Belgacem Chariag as independent non-executive directors. He and newly appointed independent NED Louise Hough will join the board on 1 May 2023 and stand for election by shareholders at the company’s general meeting on 10 May 2023. Mr Chariag has extensive experience in the energy, materials and chemicals industries. He […]
Harbour appoints Louise Hough as NED
Harbour Energy plc has appointed Louise Hough as independent non-executive director (NED). She and newly appointed independent NED Belgacem Chariag will both join the board on 1 May 2023 and stand for election by shareholders at the company’s general meeting on 10 May 2023. Ms Hough has extensive experience and understanding of both the financial […]
Scirocco independent NED Don Nicolson to leave
Scirocco Energy plc independent non-executive director Don Nicolson is to leave the board on or around the date of the 2023 general meeting. Mr Nicolson’s skills focus on oil, gas and natural resources but the company is now introducing a renewable energy strategy. He will support Scirocco as chairman of the audit committee until the […]
Europa CEO Simon Oddie to retire
Europa Oil & Gas (Holdings) plc chief executive officer and executive director Simon Oddie has decided to retire but remains a board non-executive director. PORTFOLIO He has been replaced by chief financial officer and executive director William Holland with immediate effect. Mr Oddie was initially non-executive chairman in January 2018, before becoming interim CEO and […]