Ascent Resources plc has issued 1,149,058 new ordinary shares of 0.5 pence each in the company at an issue price of 2.3 pence for services to the company. A total 279,493 shares were issued to a former director employed in October and November 2024 and 869,565 to Optimo Research for services provided over the next […]
Tag: Colorado
Ascent issues 36m shares for US licences
Ascent Resources plc has issued 36,199,000 new ordinary shares, each of 0.5 pence nominal value, at 5 pence per new share in relation to its 49% purchase of US oil and gas licences. The 119,000 acres of helium-rich licences lie within the Paradox Basin across Utah and Colorado. The issued shares are payment to operator […]
Ascent acquires 49% in Utah-Colorado licences
Ascent Resources plc has acquired a 49% interest in 119,000 acres of helium-rich oil and gas licences in the Paradox Basin across Utah and Colorado, USA. ZONES The US$2 million acquisition, supported by a $475,949 fundraise at a 203% premium, is from Houston-based operator American Helium LLC. Ascent will pay $1.75m with 27,650,000 new Ascent […]