Finance News

Kavango raises £36,704 through warrant exercise

Posted on Author editorial Comments Off on Kavango raises £36,704 through warrant exercise

Kavango Resources plc has received £36,704 following notices to exercise warrants over 863,637 new ordinary shares of £0.001 each in the company (warrant shares).

The warrant shares are being issued pursuant to the exercise of warrants granted on 1 December 2020.  

Related Articles
News Oil & Gas

Reabold shareholders reject move to replace directors

Posted on Author editorial

Reabold Resources plc’s shareholders today voted against proposals to remove and replace the company’s board of directors. DISTRACTION Pershing Nominees Ltd, on behalf of several beneficial shareholders, requisitioned the general meeting with 11 resolutions. Each resolution received between 20.11 and 21.40% of votes in favour, and between 78.60 and 79.89% against. Reabold previously told its […]
News Oil & Gas

IGas RBL shows debt headroom of $8.6m

Posted on Author editorial

IGas Energy plc confirmed it had US$27 million (£19.5m) of debt capacity and current headroom of $8.6m (£6.2m).  The figures come from the onshore oil and gas company’s six-monthly Reserves Based Lending (RBL) facility redetermination exercise. As at 30 June 2021, the onshore oil and gas company’s cash balances stood at $3.6m, with net debt […]
Metals & Minerals News

Galantas surface drilling targets inferred resource

Posted on Author editorial

Galantas Gold Corporation will begin new surface drilling to target inferred resource and potentially increase ounces at Cavanacaw mine in Omagh, Northern Ireland. MINE PLAN The Canadian company yesterday received permission from Fermanagh and Omagh District Council’s planning committee to drill eight exploration holes in early July. These will target gaps and areas of the […]