Prospex Energy plc’s joint venture (JV) partner has secured the land rights in readiness for production at the Podere Maiar licence in the Selva gas field, Po Valley, North Italy. JOINT VENTURE The JV comprises Prospex (37%) and operator Po Valley Energy Ltd (63%). PROGRAMME Prospex said that Po Valley had approved all payments to […]
Tag: Prospex Energy plc
Prospex receives £90,000 via warrant exercise
Prospex Energy plc has received £90,000.48 following notice for the exercise of warrants to subscribe for 3,000,016 new ordinary shares of 0.1p in the company. Since July 2022, the gas and power company has gained a total £2,739,400 from the proceeds of warrant exercises and loan notes. Today’s news relates to warrant agreements from February […]
Prospex receives £80,000 via warrant exercise
Prospex Energy plc received £79,999.50 following notice for the exercise of warrants to subscribe for 2,666,650 new ordinary shares of 0.1p each in the company. The warrants were issued pursuant to a warrant agreement in February 2022, relating to a placing announced in March 2021. The exercise price is 3 pence per warrant exercised. Following admission, Prospex […]
Prospex Energy receives £100,000 via warrant exercise
Prospex Energy plc received £100,000.02 following notice for the exercise of warrants to subscribe for 3,333,334 new ordinary shares of 0.1p, each for 3 pence. The warrants, issued pursuant to a warrant agreement dated 23 February 2022, relate to a placing in March 2021. Following admission there will be a total of 260,026,699 ordinary […]
Prospex raises £500,000 via loan notes for Selva
Prospex Energy plc has raised £500,000 via the issue of unsecured convertible loan notes to existing and new investors. SUBSCRIBERS The company said that the loan notes had been issued to three individual subscribers. The loan notes hold 15% interest and are convertible into new ordinary shares at a price of 5.5p at any time […]
Prospex receives £99,400 via warrant exercise
Prospex Energy plc received £99,400.50 following notice for the exercise of warrants to subscribe for 3,473,350 new ordinary shares of 0.1p each in the company. The warrants were issued to individuals pursuant to warrant agreements dated 23 February 2022 and 8 March 2021 which related to a placing announced in March 2021. The exercise prices are 3 […]