Power Metal Resources plc has raised £37,500 after receiving notice to exercise warrants over 5,000,000 new ordinary shares of 0.1 pence each in the company at an exercise price of 0.75p.
Related Articles
Deltic JV spuds Selene exploration well
Deltic Energy plc said drilling had started on the Selene exploration well in the Southern North Sea. FARM-OUTS Partner and operator Shell UK Ltd expects operations on well 48/8b-3 within licence P2437 to take 90 days. Deltic estimates the Selene gas structure contains gross P50 prospective resources of 318 bcf in the Leman Sandstone reservoir. […]
Red Rock issues 44.4m shares for £20,000
Red Rock Resources plc issued 44,444,444 new ordinary shares at a subscription price of 0.045 pence per share to convert an advance of £20,000 by an existing shareholder. Following the shares issue the company’s issued ordinary share capital will comprise 4,830,265,010 ordinary shares, each with voting rights. None of the shares is held in treasury.
Ormonde investee plans Golden Rose exploration
Ormonde Mining plc’s investee plans copper-focused exploration during the summer at the Golden Rose project in western-central Newfoundland. DRILL TRU Precious Metals Corp’s assessment in the Cape Ray – Valentine Lake shear zone will also investigate other minerals occurrences hosting nickel and zinc. The programme will include prospecting, grab (rock) sampling, reconnaissance soil sampling and […]