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 […]
Tag: directors' dealings
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 […]
Block increases loan to $2m for Georgia drilling
Block Energy plc has increased its US$1.06 million loan, secured in February 2023, by $940,000 for its oil and gas operations in Georgia. DIRECTORS’ DEALINGS The funds will maintain scheduled liftings and accelerate procurement of materials to drill its next project I wells, the first of which is KRT-45Z, in the West Rustavi/Krtsanisi field. The […]
Deltic NED purchases one million shares
Deltic Energy plc non-executive director Peter Nicol has purchased one million ordinary shares of 0.5p each into his ISA, each at a price of 1.79p. Mr Nicol now has three million shares. Chief financial officer Sarah McLeod transferred 282,581 ordinary shares to her individual ISA account, resulting in no significant change to her holding of […]
Cora to raise $20m of new mandate-term sheet
Cora Gold Ltd aims to raise at least US$19.566 million comprised of equity and convertible loan notes to start developing its flagship Sanankoro project in southern Mali. TERM SHEET The funds are part of a mandate and term sheet for £30m with investor Lionhead Capital Advisors Proprietary Ltd, replacing one for $25m in September 2021. […]
Hummingbird notes 2m shares purchase
Hummingbird Resources plc reported purchases of 2,150,000 ordinary shares including those by directors of the company. INTERESTS Chief executive Dan Betts bought 500,000 shares at 5.9 pence per share and finance director Thomas Hill purchased 150,000 shares each at 3.2 pence. Non-executive director Stephen Betts purchased one million shares each at 5.9 pence, and his […]