Finance News Oil & Gas

Helium One receives £70,499 via warrant exercise

Helium One Global Ltd has received £70,499.99 following notices to exercise warrants over a total of 2,482,394 ordinary shares (warrant shares). The warrant shares will rank pari passu with the existing ordinary shares. Following admission, the company’s issued share capital will consist of 612,426,256 ordinary shares with voting rights.  Helium One holds no ordinary shares […]

Finance Metals & Minerals News

Galantas raises £4.7m via private placement

Galantas Gold Corporation completed its private placement to raise a total of C$7,998,980 (£4.7m) to increase operations at Cavanacaw gold mine in Omagh, Northern Ireland. The placement resulted in the issuance of 26,663,264 units at a price of C$0.30 per unit.  PARTIES Eric Sprott, through his company Ontario Ltd, acquired 6,333,333 units for C$1,900,000 representing 8.6% in […]

Finance Metals & Minerals News

Cornish Lithium mulls further fundraise

Cornish Lithium Ltd said it was considering another fundraise for its lithium exploration and development projects in the county. PROJECTS The company’s last fundraise in September 2020 via crowdfunding raised more than £5 million. Construction has started of a government-funded lithium extraction pilot plant for Trelavour and Cornish Lithium has acquired a lithium extraction technology […]

Finance Metals & Minerals News

Altona reaches total £599,000 from placing

Altona Rare Earths plc said it had now received the final placing funds of £57,500 from the placing closed in January, raising a total of £599,000 (before expenses) at 6.5 pence. As a result, a further 884,619 shares have been issued pursuant to the placing. In addition, Altona has also issued 493,207 shares to service […]

Finance Metals & Minerals News

Critical Metals raises £20,000 through warrant exercise

Critical Metals plc has received £20,000 after receiving warrant exercise notices to subscribe for 200,000 new ordinary shares of £0.005 each in the company. The warrant shares were issued pursuant to the exercise of 200,000 warrants over ordinary shares at an exercise price of 10 pence per ordinary share.