Finance News Oil & Gas

Prospex receives £100,000 via warrant exercise

Prospex Energy plc received £100,000.50 following notice for the exercise of warrants to subscribe for 3,333,350 new ordinary shares of 0.1p each in the company. The warrants were issued following a warrant agreement dated 23 February 2022 which related to a placing announced in March 2021.  The exercise price is 3 pence per warrant exercised. […]

Finance News Oil & Gas

Prospex receives £90,000 via warrant exercise

Prospex Energy plc has received £90,000.48 following notice for the exercise of warrants to subscribe for 3,000,016 new ordinary shares of 0.1p in the company. Since July 2022, the gas and power company has gained a total £2,739,400 from the proceeds of warrant exercises and loan notes. Today’s news relates to warrant agreements from February […]

Finance News Oil & Gas

UKOG raises £3 million via discounted placing

UK Oil & Gas plc (UKOG) raised £3 million in a discounted placing 3,428,571,425 new ordinary shares each at 0.0875 pence. The company said the placing price represented a discount of 20.3% to the closing price of 0.1098 pence per ordinary share on 9 September 2022. The placing shares are equal to 16.25% of the […]

Finance News Oil & Gas

Prospex receives £80,000 via warrant exercise

Prospex Energy plc received £79,999.50 following notice for the exercise of warrants to subscribe for 2,666,650 new ordinary shares of 0.1p each in the company. The warrants were issued pursuant to a warrant agreement in February 2022, relating to a placing announced in March 2021.  The exercise price is 3 pence per warrant exercised. Following admission, Prospex […]

Finance Metals & Minerals News

Galantas to raise C$4m via private placement

Galantas Gold Corporation said it aimed to raise CAD$4 million (£2.56m) through a private placement for its operations at Cavanacaw gold mine in Omagh, Northern Ireland. USES The Canadian company added it would use the net proceeds to explore and develop the Joshua target, working capital and general corporate purposes. TERMS Galantas has entered into […]