Company Moves Metals & Minerals News

GreenRoc issues 2m shares to settle fees

GreenRoc Strategic Materials plc has issued 2,155,283 new ordinary shares to settle approximately £41,000 in fees. Following issue of the shares, GreenRoc’s total issued share capital will comprise 194,883,209 ordinary shares of 0.1 pence each, with voting rights. The company, previously called GreenRoc Mining plc, also began using it new name from today. Focused on graphite […]

Metals & Minerals News

Red Rock issues 75m shares for service debt

Red Rock Resources plc has issued 75 million new ordinary shares at a subscription price of 0.045 pence per share to convert £33,750 debt owed to a service provider. On admission, the company’s issued ordinary share capital will comprise 4,380,645,478 ordinary shares, with voting rights. Red Rock holds none of the ordinary shares in treasury.

Finance News Oil & Gas

Angus shareholders approve 227m fee shares issue

Angus Energy plc shareholders backed the issue of 226,513,000 fee shares to Aleph Commodities Ltd in relation to February’s £20m Trafigura financing. Approval was given at the company’s general meeting on 14 March. On admission, Angus will have 4,394,406,340 ordinary shares in issue, each with the right to one vote. The company holds no ordinary shares […]

Finance News Oil & Gas

Scirocco cancels directors’ fee shares options

Scirocco Energy plc has cancelled certain options held by directors and former directors under the shares in lieu of fees scheme and paid the money owed in cash. OBLIGATION From 2020 to 2022 the directors concerned deferred salaries to preserve cash in the business in exchange for new ordinary shares options, resulting in £447,000 savings. […]

Finance Metals & Minerals News

Power Metal completes early Authier North earn-in

Power Metal Resources plc has negotiated early completion of the earn-in to a 100% interest at the Authier North lithium project in Quebec. CASH AND EQUITY The agreement from July 2021 is for Authier North and Duval East in the Val d’Or mining camp approximately 45km northwest of the city of Val d’Or. The company said it had […]