Metals & Minerals News Oil & Gas

Corcel awards 3.5m incentive shares to CEO

Corcel plc has awarded 3,506,490 ordinary shares of £0.0001 each in the company under its share incentive plan (SIP) to chief executive officer Scott Kaintz. The company said that the awards were for the 2022-23 tax year as agreed in the trustees meeting held on 5 April 2023. Also in respect of the same tax year, Mr Kaintz […]

Company Moves Metals & Minerals News

Tungsten West co-founder-chairman Mark Thompson leaves

Tungsten West plc’s executive vice chairman Mark Thompson has left the company, as previously intended. Mr Thompson established the company with former chief executive officer Max Denning who left the company last year. Non-executive chairman David Cather said: “Mark was one of the founding directors of Tungsten West and on behalf of the board and […]

Metals & Minerals News

Red Rock issues 24.5m incentive shares

Red Rock Resources plc has issued 24,512,229 ordinary shares each of £0.0001 in the company under a share incentive plan (SIP) for the 2022/23 tax year. DIRECTORS The move was agreed by the trustees in their meeting on 5 April 2023. Four directors are participating in the shares purchase and award of 18,048,913 new ordinary shares […]

Finance Metals & Minerals News

Power Metal raises £2.7m via placing-subscription

Power Metal Resources plc has raised £2.715 million via a placing, including a subscription by Term Oil Inc which is controlled by American investor Rick Rule. DIRECTOR DEALING The company has conditionally issued 319,388,235 new ordinary shares of 0.1 pence each in at a price of 0.85 pence per placing share. Each placing share has an attached warrant to […]

Company Moves News Oil & Gas

Capricorn appoints Randy Neely as CEO

Capricorn Energy plc will appoint Randy Neely as its new chief executive officer from 1 June 2023. Mr Neely is the former president and CEO of Egypt-focused operator TransGlobe Energy Corporation with operations in the Eastern and Western Deserts. He has more than 25 years’ industry experience in executive and financial roles, including chief financial […]