Finance Metals & Minerals News

Galantas raises $500,000 in warrant exercises

Posted on Author editorial Comments Off on Galantas raises $500,000 in warrant exercises

Galantas Gold Corporation received gross proceeds of CAD$503,600 after receiving notices to exercise by the company’s former president and chief executive.

The early exercise of 920,000 warrants was at an exercise price of CAD$0.33 by G&F Phelps Ltd, a company wholly owned by Roland Phelps.

The company received a further notice to exercise 500,000 warrants at CAD$0.40 by shareholder Michael Gentile.

The shares to be issued for the exercise of the 920,000 warrants by G&F Phelps Ltd. will be registered to Roland Phelps in trust for G&F Phelps Ltd.

Related Articles
ESG News Oil & Gas

Neptune to use offshore wind for North Sea assets

Posted on Author editorial

Neptune Energy hopes to extend the life of its producing fields by powering new integrated energy hubs in the UK North Sea with offshore wind-generated electricity. INTEGRATED ENERGY HUBS The company today signed a memorandum of understanding with Ørsted and Goal7 to examine the potential of supplying renewable electricity from Ørsted’s Hornsea offshore windfarm projects […]
ESG News Oil & Gas

i3 cuts emissions by 4% at Canada-UK operations

Posted on Author editorial

i3 Energy plc’s environment, social and governance 2022 report shows a reduction in emissions alongside expanding operations in Canada and the UK North Sea. ENVIRONMENT The group aims to be net zero by 2050 for scope 1 and 2 emissions, relating to direct greenhouse gas emissions from its owned or controlled sources such as those […]
News Oil & Gas

Block and Baker Hughes sign drill agreement for West Rustavi

Posted on Author editorial

Block Energy plc has signed a memorandum of understanding (MoU) with Baker Hughes to support its oil and gas drilling operations in Georgia. SIGNIFICANT The company said that the MoU provided a broader partnership on developing significant oil and gas opportunities throughout Block’s portfolio. Baker Hughes has allocated additional engineers to assess and potentially develop […]