Borders & Southern Petroleum plc has raised £1.5 million before expenses by issuing 100m new ordinary shares at a 16.67% discounted price of 1.5 pence per new ordinary share. DIRECTORS DEALINGS The fundraise comprised placing 69,666,666 ordinary shares and subscription of 30,333,334 ordinary shares. Non-executive chairman Harry Dobson subscribed for 28m shares taking his total […]
Tag: directors' dealings
Fulcrum raises £643,500 via subscription
Fulcrum Metals plc has raised £643,500 via a 45% discounted conditional subscription of 8,043,750 new ordinary shares of 1 pence, at a price of 8 pence per share, by certain existing shareholders. DIRECTORS The company’s directors will later this month raise an additional £114,500, comprising a £89,769 subscription and conversion of outstanding salaries totalling £24,731 into […]
Kavango Resources directors buy 69.5m shares
Kavango Resources plc reported the purchase of a total 69.5 million ordinary shares in two directors’ dealings. Non-executive director Peter Wynter Bee purchased 63,250,000 each at 0.8p and chief executive officer Ben Turney bought 6,250,000 shares at the same price. The company’s current interests are copper in Botswana and gold in Zimbabwe.
Karelian raises £250,000 via 33% discounted placing
Karelian Diamond Resources plc has raised £250,000 via a discounted placing of 10 million ordinary shares each of €0.00025, at a price of 2.5 pence per ordinary share. DIRECTORS’ DEALINGS The fundraise was at 2.5 pence per ordinary share, representing a discount of 33.3% to the closing mid-market price of 3.75 pence on 19 October […]
Power Metal board directors buy total 5m shares
Power Metal Resources plc board directors have purchased a total 5 million ordinary shares of 0.1 pence each for 0.7 pence in the company for a total £35,000. Chief executive officer Sean Wade bought 3m ordinary shares and now holds 14,764,705 ordinary shares, representing 0.71% of the company. Non-executive directors Ed Shaw and Bill Brodie […]
Tullow Oil directors purchase total 746,000 ordinary shares for £200,000
Tullow Oil plc’s directors purchased between 19 and 20 June a total 746,000 ordinary shares each of 10p in the company for an approximate total of £200,000. DIRECTORS’ DEALINGS Non-executive director (NED) Roald Goethe purchased 250,000 ordinary shares, in four batches, at an average £0.27 for each ordinary share for a total £66,740. Chief executive […]