Prospex Energy plc said it expected a change in fortunes in the new year as its joint venture partner nears construction on the Podere Gallina licence within the Selva gas field in the Po Valley region of northern Italy. PREPARATIONS The company holds a 37% working interest in the licence and Australian operator Po Valley Energy […]
Tag: Prospex Energy plc
Prospex partner might exit El Romeral
Prospex Energy plc said its partner could exit their Spanish onshore gas joint venture in a proposed merger with a third company. PROPOSAL Prospex and Warrego Energy Ltd are co-owners in Tarba Energía S.L which owns and operates the El Romeral gas-to-power plant. Tarba also owns related gas concessions near Carmona in Andalucía and the […]
Prospex Energy receives £24,000 via warrant exercise
Prospex Energy plc received £24,000 following notice to exercise warrants for 800,000 new ordinary shares of 0.1p each at an exercise price of 3 pence. The warrants were issued pursuant to a warrant agreement dated 23 February 2022, relating to a placing in March 2021. After admission, Prospex will have a total of 274,980,846 ordinary shares […]
Prospex receives £87,677 via options exercise
Prospex Energy plc received £87,677.88 following notice to exercise of options to subscribe for 2,191,947 new ordinary shares of 0.1p each in the company. AGREEMENTS The options were issued pursuant to option agreements dated 20 July 2020 and were exercised by two directors and an employee. The exercise price is 4 pence per option exercised. […]
Prospex receives £100,000 via warrant exercise
Prospex Energy plc received £100,000.50 following notice for the exercise of warrants to subscribe for 3,333,350 new ordinary shares of 0.1p each in the company. The warrants were issued following a warrant agreement dated 23 February 2022 which related to a placing announced in March 2021. The exercise price is 3 pence per warrant exercised. […]
Prospex Energy receives £70,640 via options exercise
Prospex Energy plc received £70,640.52 following notices to exercise options to subscribe for 1,766,013 new ordinary shares of 0.1p each in the company. The options were issued pursuant to option agreements dated 20 July 2020 and have been exercised by three former employees of the company, two of whom are past directors. The exercise price […]