Finance Metals & Minerals News

Guardian receives £76,461 via warrant exercise

Guardian Metal Resources plc received £76,461.58 following notices to exercise warrants over 449,774 new ordinary shares of 1 pence each in the company at 17p per warrant share. Following admission Guardian’s issued share capital will comprise 110,557,632 ordinary shares of 1p each, with voting rights.

Metals & Minerals News

Golden Metal begins largest geophysics

Golden Metal Resources plc has started its largest geophysics programme to date before drill targeting at the Garfield copper-gold-silver and Pilot Mountain tungsten-garnet projects in Nevada, USA. STRATEGY In May, the company confirmed new anomalies at Garfield and expanded the licensed area while also beginning a 2,000-metre drilling campaign in the Desert Scheelite zone at Pilot. Golden […]

Finance Metals & Minerals News

Golden Metal raises £500,000 via subscription

Golden Metal Resources plc has raised £506,250 via a direct and premium priced subscription by Purebond Ltd. The subscription in the company is Purebond‘s second this year and takes the total invested so far to approximately £1.26 million and total ownership to 6.65%. Golden Metal issued 2,250,000 new ordinary shares of 1.0p each representing 2.06% of […]

Metals & Minerals News

Sunrise to advance projects after increase in losses

Sunrise Resources plc said it would continue to advance its projects after it recorded an increase in losses including impairment of exploration assets in Australia and the USA. FINANCES The group is not yet producing minerals from its perlite, pozzalan and sepiolite assets in Nevada and gold in Australia, and has no income other than […]

Metals & Minerals News

Power Metal completes Pilot-Garfield surveys

Power Metal Resources plc said it had completed geophysics surveys ahead of selecting target areas for drilling at its precious and base metal projects in Nevada, USA. PROJECTS The company’s subsidiary (83.13%) Golden Metal Resources plc, holds 100% of the Pilot Mountain, Garfield and Stonewall projects, and a right to earn-in to a 100% interest […]