Red Rock Resources plc has dropped three gold licence applications in Côte d’Ivoire after regulatory changes limited the number of licences to four per applicant. GUARDIAN METAL The company holds two licences covering 725.44km2 and two applications for a total 1,404.86 km2 in an area around the capital Yamoussoukro. The three abandoned applications are in […]
Tag: metals and minerals
Fulcrum raises £643,500 via subscription
Fulcrum Metals plc has raised £643,500 via a 45% discounted conditional subscription of 8,043,750 new ordinary shares of 1 pence, at a price of 8 pence per share, by certain existing shareholders. DIRECTORS The company’s directors will later this month raise an additional £114,500, comprising a £89,769 subscription and conversion of outstanding salaries totalling £24,731 into […]
FCM settles chairman’s 9.7m shares loan
First Class Metals plc has repaid the 9,695,332 shares loaned to it from executive chairman and director James Knowles. The loan was in two tranches from November 2023 and February 2024.. FCM today issued the same number of shares to Mr Knowles. Following admission, the company will have 91,741,361 ordinary shares of £0.001 par value in issue, […]
Power Metal halves losses and increases projects
Power Metal Resources plc halved losses and increased its cash balance and projects in metal and mineral exploration across three continents. FINANCES The company’s portfolio includes precious, base and strategic metals in Africa, Australia and North America. In its audited financial results for the year ended 30 September 2021, the company reported loss after tax of […]