News Oil & Gas

JOG issues shares in directors’ dealings

Jersey Oil & Gas plc (JOG) reported senior management and persons closely associated purchases of ordinary shares in the company. On 30 January, non-executive chairman Les Thomas and his wife bought 10,000 ordinary shares at 180p per ordinary share, taking their holding to 43,000 equal to 0.13% of the enlarged capital of the company. Non-executive […]

Finance News Oil & Gas

Helium One reaches £6m via 72% discounted fundraise

Helium One Global Ltd raised £6.1 million through the issue of 2,420,842,500 new ordinary shares, of no par value in the capital of the company, each at a price of 0.25 pence. DIRECTORS’ DEALINGS The oversubscribed fundraise comprised a placing of 2,413,642,500 new ordinary shares, raising £6m, and a direct subscription of 7.2m new ordinary […]

Finance Metals & Minerals News

Arkle raises £215,000 via placing

Arkle Resources plc has raised £215,000 before expenses through a placing of 61,428,571 new ordinary shares each at a price of 0.35p. DIRECTORS’ DEALINGS Each placing share has one warrant attached with the right to subscribe for one new ordinary share at 0.35p for a period of two years. Chairman John Teeling subscribed for 28,571,429 […]

Finance News Oil & Gas

Helium One raises £6.8m via fundraise and retail offer

Helium One Global Ltd raised a total £6.8 million via a fundraise and retail offer through the issue of 113m ordinary shares of no par value in the company at 6 pence per ordinary share. DIRECTORS DEALINGS A placing, conducted through an accelerated bookbuild process, of 104,383,335 new ordinary shares raised £6.26m and a subscription […]

Metals & Minerals News

Power Metal reports NED dealings

Power Metal Resources plc reported dealings in shares of the company by non-executive director Edmund Shaw. Mr Shaw transferred two million ordinary shares of £0.01 each for nil consideration to Lydia Shaw, a person closely associated with him. He also sold five million ordinary shares each at 0.65 pence and repurchased the same quantity each at 0.6506 pence in an […]

Finance News Oil & Gas

Predator receives £1.9m from directors’ shares sale

Predator Oil & Gas Holdings plc received a £1,890,000 loan before expenses after two directors sold 18 million shares. PROSPECTUS Predator said it had insufficient headroom for the issue and admission of new ordinary shares without an FCA-approved prospectus, which it expects to complete “in the coming weeks”. The company aims to publish a revised […]