Finance Metals & Minerals News

Power Metal raises £88,962 through warrant exercise

Posted on Author editorial Comments Off on Power Metal raises £88,962 through warrant exercise

Power Metal Resources plc said it had received subscription monies of £88,962 following notices to exercise warrants over 8,896,200 new ordinary shares of 0.1 pence each in the company (warrant shares).

The warrant shares are being issued pursuant to the exercise of 8,896,200 warrants at an exercise price of 1.0 pence per ordinary share of 0.1 pence each in the company.

Related Articles
Company Moves News Oil & Gas

Capricorn to nominate Patrice Merrin as NED

Posted on Author editorial

Capricorn Energy plc intends to nominate Patrice E. Merrin as an independent non-executive director (NED) for election at the company’s general meeting on 26 June 2023. Ms Merrin has significant experience across the energy, resources and commodity sectors. She is due to retire at the end of May after nine years as independent NED from Glencore […]
News Oil & Gas

Deltic to test exploration well at Pensacola

Posted on Author editorial

Deltic Energy plc joint venture plans full well testing after encountering gas in the targeted reservoir at the Pensacola prospect in the Southern North Sea. COMMERCIAL The JV for licence P2252 comprises operator Shell 65%, Deltic 30% and ONE-Dyas 5% working interests. Deltic added that testing of well 41/05a would evaluate the commerciality of the […]
News Oil & Gas

Baron submits JV bid in 33rd licensing round

Posted on Author editorial

Baron Oil plc said it had, as a joint venture non-operating partner, submitted an application in the UK offshore 33rd Round of licensing, conducted by the North Sea Transition Authority (NSTA). POTENTIAL The company said its bid was in line with its strategy to acquire “significant equity stakes” in potentially high impact oil and gas […]