Anglesey Mining plc has raised £660,000 from placing 10 million new ordinary shares, representing 4.7% of the company’s current issued share capital, at 6.6 pence per share. The new ordinary shares of one pence each to be issued in respect of this transaction will rank pari passu with the existing ordinary shares of the company.
Tag: extractive industries
Power Metal increases Ontario gold assets
Power Metal Resources plc has expanded its Canadian gold portfolio with a new project covering three individual interests in Hemlo North, Ontario. TARGETS The company has signed an agreement to acquire three contiguous exploration sites of Roger Lake with 50 claims, Olga Lake (42) and Dotted East (30), covering a total 25.82km2. The projects are […]
Power Metal receives £41,283 via warrant exercise
Power Metal Resources received £41,283 following notices to exercise warrants over 5,404,663 new ordinary shares of 0.1 pence each in the company. The notices were for 799,400 warrants at an exercise price of 1 pence per ordinary share; 2,105,263 warrants at 0.75 pence per ordinary share; and 2.5 million warrants at 0.7 pence per ordinary […]
Neptune awarded six new Norwegian Sea licences
Neptune Energy has been awarded six new licences in the Awards in Predefined Areas (APA) 2020, announced by the Norwegian Ministry of Petroleum and Energy. Neptune Energy won four licences in the Norwegian North Sea and two in the Norwegian Sea. All the licences are located close to existing infrastructure in areas where the company […]
Power Metal targets second Australia acquisition
Power Metal Resources plc said it had secured an exclusive 60-day option in a potential new acquisition of copper-gold interests in the Paterson Province in the eastern Pilbara Region of Western Australia. MAJOR CENTRES Chief executive Paul Johnson added that the company was keen to build its Australian base and precious metals exploration with the […]
IOG expects first gas-revenues in ‘breakthrough’ 2021
Independent Oil and Gas plc (IOG) said it expected 2021 to be another breakthrough year with first production and revenue in the UK Southern North Sea. The company, which operates an infrastructure-led hub strategy, added that Phase 1 remained on schedule for first gas during the third quarter of 2021. The Blythe and Elgood offshore […]