Galantas Gold Corporation announced that its common shares have qualified to trade on the OTCQX® Best Market (OTCQX) for its operations at Cavanacaw mine in Omagh. US INVESTORS The Canadian company’s chief executive and director Mario Stifano said that the OTCQX listing in the United States marked an important milestone for the company. “Our decision to cross-trade […]
Finance
Power Metal receives £43,750 via warrant exercise
Power Metal Resources plc received £43,750 following notices to exercise warrants over 6,250,000 new ordinary shares of 0.1 pence each in the company. The warrant shares are each being issued at an exercise price of 0.7 pence.
Power Metal raises £123,000 through warrant exercise
Power Metal Resources plc raised £123,000 following notices to exercise warrants over 16,500,000 new ordinary shares of 0.1 pence each. The warrant shares are being issued pursuant to the exercise of 15,000,000 warrants at an exercise price of 0.75 pence per ordinary share of 0.1 pence each in the company (ordinary share) and 1,500,000 warrants at an exercise price of 0.70p per […]
Power Metal raises £300,000 via insider warrant exercises
Power Metal Resources plc raised £300,000 following completion of irrevocable insider warrant exercises. Value Generation Ltd, a private company beneficially owned by Power Metal’s chief executive Paul Johnson, completed its irrevocable undertaking to exercise warrants to subscribe for 10 million new ordinary shares of 0.1p each at an exercise price of 1.0p per ordinary share raising £100,000. Following admission […]
Deltic agrees farm-out for five licences with Cairn
Deltic Energy plc has entered into a binding conditional farm-out for five of its southern North Sea gas licences with Cairn Energy plc. QUALITY The natural gas-focused company signed the deal through Cairn’s wholly owned subsidiary Nautical Petroleum Ltd. Cairn will acquire a 60% interest in P2428 (Cupertino Area) and P2567 (Cadence) and a 70% […]
Kavango raises £12,500 through warrant exercise
Kavango Resources plc raised £12,500 after receiving notices to exercise warrants over 1,250,000 new ordinary shares of £0.001 each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of warrants granted and announced on 15 April 2020.