Cornish Metals Inc has appointed Don Turvey as chief executive officer and a director of the company. He will relocate from South Africa to Cornwall subject to approval of a UK work visa. Mr Turvey is a mining executive with more than 40 years’ experience including in production, project execution, business development, and minerals resource […]
Tag: extractive industries
Peak Nickel begins 1,000m drill at Rodburn
Peak Nickel Ltd has started a 1,000 metre drill campaign, with a possible extension, at the Rodburn project in Aberdeenshire, Scotland. COMPELLING The programme, on the “highest grade battery metals project in the UK”, follows last year’s 2,600m drill for 18 holes, testing areas around historically identified, non-compliant mineral resources. The Sheffield-based company’s new estimate […]
Star issues 231,366 shares
Star Energy Group plc will issue 231,366 ordinary shares of 0.002p each under the company’s share incentive plan. The company said that the SIP shares would be held by Equiniti Share Plan Trustees Ltd. Following admission, the group’s issued capital will be 129,537,872 ordinary shares, each with one voting right. The number of deferred shares […]
Predator restarts planning MOU-5 Jurassic well
Predator Oil & Gas Holdings plc has restarted planning the MOU-5 Jurassic well, targeting the ‘Titanosaurus structure’ covering up to 187km2, at Guercif onshore Morocco. HELIUM The company will also evaluate the possibility of helium potential by MOU-5 and MOU-4 rigless well testing, after a gas sample from MOU-3 showed the presence of helium. The […]
UKOG raises £248,204 via retail offer
UK Oil and Gas plc has raised approximately £248,204 via a retail offer for 496,408,000 new ordinary shares of £0.000001 each in the company, at 0.05 pence per share. The funds raised add to the company’s 37% discounted placing on 5 August, which raised £1 million at the same price per share. Issue of shares is […]
Prospex raises £859,323 via wrap retail offer
Prospex Energy plc has raised £859,323.60 via a “significantly oversubscribed” wrap retail offer for 14,322,060 new ordinary share at an issue price of 6 pence per share. The proceeds add to the placing and subscription earlier this week, taking the total raised to approximately £4.2 million. Following admission of the placing, subscription and wrap retail […]