Finance Metals & Minerals News

Power Metal raises £112,000 via warrant exercise

Power Metal Resources plc raised £112,000 after receiving notices to exercise warrants over 16,000,000 new ordinary shares of 0.1 pence each in the company. 2019 WARRANTS The warrant shares are being issued pursuant to the exercise of 16,000,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each. Power Metal said that the warrants exercised were issued […]

Finance Metals & Minerals News

Power Metal subsidiary raises £750,000 for listing

Power Metal Resources plc said that its subsidiary Golden Metal Resources Ltd had raised £750,000 in pre-IPO financing for its planned listing and operational expenses for its projects in Nevada, USA. PROJECTS Golden Metal’s portfolio includes the Pilot Mountain tungsten (with copper, silver and zinc) and Golconda Summit (gold). LISTING Capital restructuring of Golden Metal share capital will enable additional […]

Finance News Oil & Gas

Angus raises £750,000 via discounted placing

Angus Energy plc said it today raised £750,000 through the placing of 115,384,611 ordinary shares to certain institutional and other investors at 0.65 pence per share. The placing price represents a discount of approximately 10.3% to the closing price of 0.725 pence per ordinary share on 2 December 2021. USES Proceeds will go towards its […]

Finance Metals & Minerals News

Power Metal raises £61,250 via warrant exercise

Power Metal Resources plc has today raised a further £61,250 after receiving notice to exercise warrants over 8,750,000 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 8,750,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each.