Golden Metal Resources plc has begun 2,000m diamond drilling on its 100% owned flagship Pilot Mountain tungsten project in Nevada, USA. HIGH IMPACT The phase I campaign focuses on strategic resource expansion at the main Desert Scheelite zone, which hosts the “largest known tungsten resource on American soil”. Drilling will also explore brownfield targets by searching known or […]
Tag: Golden Metal Resources plc
Golden Metal receives £455,000 via warrant exercise
Golden Metal Resources plc received notices to exercise warrants over a total 4,236,091 new ordinary shares of 1p each in the company at an exercise price of 10.75p per warrant share, for £455,380. On admission, the company’s issued share capital will comprise 105,049,535 ordinary shares of 1p each, with voting rights. Golden Metal said it had to […]
Golden Metal to drill test core of Porphyry South
Golden Metal Resources plc plans to drill test the core of the Porphyry South target area at Pilot Mountain within the Walker Lane mineral belt, Nevada. ANOMALY From the planned start date of 12 May, the company’s campaign will involve at least one hole to a target depth of 450m. The decision follows last week’s confirmation […]
Golden Metal receives £430,000 via warrant exercise
Golden Metal Resources plc received notices to exercise warrants over 4,001,317 new ordinary shares of 1 pence each in the company at an exercise price of 10.75p per warrant share for £430,141.57. On admission the company’s issued share capital will comprise 100,813,444 ordinary shares of 1p each, each with voting rights.
Golden Metal in warrant exercises
Golden Metal Resources plc issued 4,291,819 new ordinary shares in the company via separate warrant exercises over shares of 1 pence each at an exercise price of 10.75p per share. On 26 April, the company issued received notices to exercise warrants over 1,959,799 new ordinary shares for £210,678.39. Warrant exercises on 18 April saw 283,090 […]
Kavango raises £3m via Purebond support
Kavango Resources plc has raised £3,085,366 by issuing 257,113,862 new ordinary shares in the capital of the company at a price per share of 1.2 pence, via an underwritten accelerated bookbuild. DIRECTORS The company’s major shareholder Purebond Ltd, which subscribed for 221,213,862 new ordinary shares, underwrote the accelerated bookbuild. Purebond’s previous May 2023 investment in […]