Power Metal Resources plc raised £129,868 after receiving notice to exercise warrants over 17,315,789 new ordinary shares of 0.1 pence at an exercise price of 0.75p. Following admission, the company’s issued share capital will comprise 1,498,101,935 ordinary shares of 0.1p each.
Finance
Obituary – mining financier and Western Gold director Willie McLucas
Mining financier and Western Gold Exploration Ltd’s board director Willie McLucas, whose experience took him to numerous countries across the world has died suddenly aged 67. Mr McLucas worked in Australia, Bolivia, Chile, France, Kazakhstan, South Africa, Turkey and Zimbabwe. He established his successful career as a mining financier at Waverley Mining where he developed […]
Angus Energy announces shares issue
Angus Energy plc said that, after receiving exercise notices, it issued 5,803,226 ordinary shares of £0.002 each in the capital of the company. These are at varying exercise prices of 150,000 shares at 0.9 pence per share, 5,250,000 shares at 1 pence per share and 403,226 shares at 1.2 pence per share. The new ordinary […]
Predator receives £143,252 in warrant exercise
Predator Oil & Gas Holdings plc received £143,252.88 following a warrant exercise notice from Novum Securities Ltd. The warrant agreements date from May 2018 in connection with a placing in which Novum subscribed for 1,892,960 new shares at 2.8p per share and a February 2020 placing of 2,256,250 new shares at 4p per share. Predator has […]
Anglesey notes strategic investment in Labrador
Anglesey Mining plc said that its Canadian investee company Labrador Iron Mines Holdings Ltd (LIM) announced a US$4 million strategic investment by Scully Royalty Ltd. SCULLY ROYALTY Anglesey Mining holds 19.3 million shares in LIM, which will equate to 11.0% of the company after the issuance of new shares to Scully Royalty Ltd. Scully’s strategic […]
Rockhopper raises $3.4m via open offer
Rockhopper Exploration plc said it had raised US$3.4 million (£2.8m) from an open offer in respect of 39,652,160 units. The number represents more than 69% of the 57,310,264 available open offer units. In addition to the placing and subscription on 15 June, Rockhopper has now raised in aggregate US$10.4 million (£8.5 million).