Condor Gold plc’s sale to Metals Exploration plc was today overwhelmingly approved by shareholders. HIGH COURT At a court meeting shareholders, together representing more than 75% of the voting rights, agreed to the sale by 99.41%. At a general meeting a total of 99.37% also voted in favour of the proposed transaction. Completion of the […]
Tag: High Court
WCM ‘robustly’ defends coal mine
West Cumbria Mining Ltd said it had “robustly” defended the legal challenges against its planned deep coal mine heard last week in the High Court. U-TURN The company responded in a deferred rolled-up hearing between 16 and 18 July, to objections from Friends of the Earth and South Lakes Action on Climate Change to the […]
WCM coal mine approval was “error in law”
West Cumbria Mining Ltd’s plans for a new deep coal mine again face uncertainty after the new Labour Government said that the initial 2022 approval was an “error of law”. NET ZERO The Government’s words, said yesterday to the BBC, follows the Supreme Court’s ruling that oil production at Horse Hill in Surrey must include […]
Date set for WCM rolled up court hearing
West Cumbria Mining Ltd will have the deferred rolled up hearing in July in relation to its plans for a coking coal mine off the coast of Cumbria. The company said that the High Court had confirmed the date would be between 16 and 18 July. The hearing follows a challenge by two parties against […]
£26.6m acquisition of Egdon sanctioned
Egdon Resources plc said that the High Court has issued the court order sanctioning the £26.6 million acquisition of the company by its majority shareholder Petrichor Partners LP. The record time for the scheme will be 6pm on 13 September 2023. Subject to the court order being delivered to the Registrar of Companies, the transaction […]
UKOG planning approval upheld for Loxley
UK Oil & Gas plc (UKOG) said planning approval for its wholly owned Loxley onshore gas project in Surrey has been upheld by the High Court. ENERGY SECURITY The ruling follows a series of legal actions by local protesters and different local authorities after the company successfully appealed against initial refusal in December 2020. UKOG […]