Finance Metals & Minerals News Oil & Gas

Corcel raises £1.3m via premium placing

Corcel plc has raised £1,299,750 via a 37% premium placing, including an investment from one of its directors, cornerstone shareholder Extraction Srl and other institutional investors. USES The company issued 259,950,000 new ordinary shares of £0.0001 at a price of £0.005 per share with one-for-one warrants at £0.01 per share, valid for 24 months. Extraction […]

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 […]

Metals & Minerals News

Hummingbird CEO buys 185,000 shares

Hummingbird Resources plc chief executive officer Daniel Betts has purchased 185,000 ordinary shares of 1 penny each in the capital of the company at a price of 13.2297p per share. Following the transaction, Mr Betts is beneficially interested in total 5,234,149 ordinary shares, representing 1.333% of the company’s currently issued share capital.