Tullow Oil plc non-executive director Roald Goethe bought 300,000 ordinary shares of 10 pence each, at a price of £0.2746 per ordinary share. The £82,380.00 purchase took place on 15 August on the London Stock Exchange.
Tag: extractive industries
Red Rock defers payment for Australia assets
Red Rock Resources plc has secured more time to pay £250,000 to take control of all its Australia gold assets. EXPLORATION The parties agreed a new date of 13 September following delays to the company’s Congolese arbitration award and employee sickness in Burkina Faso. Red Rock said it had been in Kinshasa over recent weeks […]
Anglesey to submit new plans for Parys
Anglesey Mining plc will submit a fresh plans including new surface infrastructure, a tailings management facility, a decline portal and some small ventilation shaft collars for Parys Mountain. MINING The decision follows completion and submission on 31 July of its environmental impact assessment (EIA) scoping report which raised reasons for a new application. Anglesey ruled […]
Orcadian signs binding deals for three licences
Orcadian Energy plc said it was no longer a “one-trick pony” after entering into binding agreements for all three licences awarded in the 33rd licensing round. TECHNOLOGY The company is administrator and 100% holder of the southern North Sea Earlham licence P2680 containing an existing discovery, an undrilled prospect and a redevelopment opportunity Mid North Sea […]
Ormonde appoints Steve Nicol as NED
Ormonde Mining plc has appointed its technical advisor Steve Nicol as a non-executive director, with immediate effect. Earlier this month he was appointed chief executive of the company’s investee TRU Precious Metals Corp, where he has been a director since Ormonde’s investment in 2023. In April, Mr Nicol was made a director of Ormonde’s other investee Peak Nickel […]
Guardian completes £2m strategic financing
Guardian Metal Resources plc has completed a strategic financing of £2,154,074.58 (US$2.75m) via a direct subscription. The company issued 7,978,054 new ordinary shares of 1.0p each, representing 6.7% of its enlarged issued share capital, at 27p per share. The subscribers will receive one warrant with every two subscription shares, totalling 3,989,027 new warrants, with an exercise […]