Finance Metals & Minerals News

Kavango Resources raises £1.94 million through placing

Posted on Author editorial Comment(1)

Kavango Resources plc has raised £1.94 million through the placing of 35,272,727 new ordinary shares at a price of 5.5p.

 A one-for-one warrant has been issued to all placing participants, at 8.5p per share for a period of two years.

Related Articles
News Oil & Gas

Serica on course for gas despite extra £3m work at Columbus

Posted on Author editorial

Serica Energy plc announced it was on course for production despite earlier difficulties with installing sand screens at the Columbus gas development well in the UK Central North Sea. Columbus was spudded in mid-March and drilled to a total measured depth of 17,600ft. A 5,900ft horizontal section was drilled through the reservoir formations of the […]
Metals & Minerals News

EGT begins drilling at Olserum

Posted on Author editorial

European Green Transition plc has begun low cost diamond drilling for 1,500m at its Olserum rare earth elements project in Sweden. PARTNER Up to seven holes are planned at the Djupedal prospect, targeting outcropping mineralisation along the 1km trend. The company said that the first hole was in the vicinity of the historic magnetite iron […]
Finance Metals & Minerals News

Power Metal raises £7,000 through warrant exercise

Posted on Author editorial

Power Metal Resources plc has received subscription monies of £7,000 after receiving notices to exercise warrants over 1,000,000 new ordinary shares of 0.1 pence each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of 1,000,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 […]

One Reply to “Kavango Resources raises £1.94 million through placing”

  1. Pingback: Kavango raises £60,000 via director subscription - Extractive Industries

Comments are closed.