Cora Gold Ltd said its third set of drill results showed strong findings in areas with little historic data at Selin prospect of the Sanankoro gold project, southern Mali. In March 2021, the junior miner began its largest drilling campaign to date of up to 35,000m, which it aims to complete by the end of […]
Tag: extractive industries
Cornish Lithium raises £1m via warrant exercises
Cornish Lithium Ltd today said it had received circa £1 million since the start of 2021 from warrant exercises.
Helium One receives £70,499 via warrant exercise
Helium One Global Ltd has received £70,499.99 following notices to exercise warrants over a total of 2,482,394 ordinary shares (warrant shares). The warrant shares will rank pari passu with the existing ordinary shares. Following admission, the company’s issued share capital will consist of 612,426,256 ordinary shares with voting rights. Helium One holds no ordinary shares […]
Hummingbird given Kouroussa mining licences
Hummingbird Resources plc has been granted mining licences for the Kouroussa gold project in Guinea. MULTI-ASSET The licences have a 15-year renewable term with construction of the mine to start within a year. The company will pay an initial £10 million to Cassidy Gold Corp by issuing 35,248,441 new ordinary shares in Hummingbird, at 28.4 […]
Critical Metals signs DRC copper-cobalt deal
Critical Metals plc said it had signed a non-binding heads of terms for the possible 57% acquisition of Molulu copper-cobalt project in the Democratic Republic of Congo. The mining investment company signed the deal with Madini Occidental Ltd (MO), which will hold a 70% beneficial interest in a Small Scale Mining Licence (Permis d’Exploitation de […]
Galantas raises £4.7m via private placement
Galantas Gold Corporation completed its private placement to raise a total of C$7,998,980 (£4.7m) to increase operations at Cavanacaw gold mine in Omagh, Northern Ireland. The placement resulted in the issuance of 26,663,264 units at a price of C$0.30 per unit. PARTIES Eric Sprott, through his company Ontario Ltd, acquired 6,333,333 units for C$1,900,000 representing 8.6% in […]