Finance News Oil & Gas

Prospex Energy receives £24,000 via warrant exercise

Posted on Author editorial Comments Off on Prospex Energy receives £24,000 via warrant exercise

Prospex Energy plc received £24,000 following notice to exercise warrants for 800,000 new ordinary shares of 0.1p each at an exercise price of 3 pence.

The warrants were issued pursuant to a warrant agreement dated 23 February 2022, relating to a placing in March 2021. 

After admission, Prospex will have a total of 274,980,846 ordinary shares in issue.  

Related Articles
Metals & Minerals News

CMR exits Zagora cobalt to focus on Meseta copper

Posted on Author editorial

Critical Mineral Resources plc has expanded its Moroccan portfolio with four new exploration permits, covering 80 km2, in the Rabat and Beni-Mellal regions. PRODUCTION The company and its partner have also mutually terminated the binding agreement on the Zagora cobalt earn-in option, although both will continue to seek future joint opportunities. Three of the new […]
News Oil & Gas

Predator signs binding deal for Cory Moruga

Posted on Author editorial

Predator Oil & Gas Holdings plc has signed a binding agreement with Challenger Energy Group plc to acquire the Cory Moruga licence, onshore Trinidad. UNREALISED POTENTIAL The fully termed long-form legal deal was initiated in December 2022, following a dispute between the companies. The terms remain unchanged including Predator’s 100% acquisition of the issued share […]
Metals & Minerals News

RRAL granted three licences in Victoria gold fields

Posted on Author editorial

Red Rock Resources Australasia Pty Ltd (RRAL) said it had been awarded its first licences for a period five years in the gold fields of Victoria, Australia. LICENCES The licences include 133 km2 Blue Whale, south and east of Ballarat (EL007271); 74 km2 Blue Chip, west and south of Ballarat (EL007281); and 8 km2 Blue […]