Power Metal Resources plc raised £4,934 after receiving notice to exercise warrants over 657,895 new ordinary shares of 0.1 pence each in the company. This was at an exercise price of 0.75p per warrant share.
Finance
Ormonde reviews Africa-Europe opportunities
Ormonde Mining plc said it was reviewing a range of new opportunities for base and precious metals, battery metals and precious stones in Africa and Europe. FINANCES The company made the announcement in its final results for the year ended 31 December 2021 which showed a total comprehensive loss of €1.6 million, including €400,000 asset […]
Scotgold receives £2m in second tranche loan
Scotgold Resources Ltd said it had received the second tranche of the new loans of £2.015 million for Cononish gold and silver mine near Tyndrum in Scotland. LOAN The sum is from a loan procurement agreement with Fern Wealth GmbH from a syndicate of high-net-worth investors for up to £3m. Scotgold added it anticipated to […]
Altus Strategies notes directors’ / PDMRs dealings
Altus Strategies plc announced three directors’ dealings on 15 June 2022. PDMRs Chief executive officer and director Steven Poulton purchased 100,000 ordinary shares of £0.05 each at an average price of 47.72p per share, for £47,724. This will increase his shares to 6,700,000, representing 5.71% of the company’s outstanding issued ordinary share capital. Executive director […]
Harbour begins $200m share buyback
Harbour Energy plc said it had today started a share buyback programme of the company’s ordinary shares for up to a maximum of $200 million. PROGRAMME The company has signed an irrevocable, non-discretionary agreements with its corporate brokers to execute the programme on its behalf. Harbour added that it continued to employ a disciplined and […]
Rockhopper raises £5.75m via placing and subscription
Rockhopper Exploration plc has raised US$7 million (£5.75m) through a placing and subscription. DISCOUNT The company placed 82,182,776 units each at the issue price of 7 pence, which is a 12.5% discount to the closing price on 14 June 2022. Each unit comprises one new ordinary share and, for every two new ordinary shares subscribed for, […]