Corcel plc received notice to convert its outstanding £750,000 convertible loan notes plus interest into 98,917,808 new ordinary shares of the company at a price of £0.008. DIRECTORS The company said that the notice from Extraction Premium and Mining Ltd (EXT) retired the current balance of the facility in full. EXT, incorporated in the UK, is […]
Tag: shares issue
Red Rock issues 211m shares for £135,000 CLNs
Red Rock Resources plc issued 211,482,353 ordinary shares following notice to convert £134,820 of loan notes, including interest, from October 2023. In accordance with the terms of the notes, the ordinary shares are of £0.0006375 per share. Following admission, the company’s issued ordinary share capital will comprise 3,548,246,811 ordinary shares each with equal voting rights. […]
UKOG issues 876m shares to reduce £2m loan
UK Oil & Gas plc has reduced its 2023 loan by issuing a fourth tranche of ordinary shares, totalling 876,412,394, to its lenders. The balance of the £2 million gross first cash sum from RiverFort Global Opportunities PCC Ltd and YA II PN Ltd is now £660,000. The shares were converted at an average of 0.0175 […]
Oriole issues 13.8m shares in warrant exercise
Oriole Resources plc noted an exercise of warrants over 13,888,888 new ordinary shares of 0.1p each in the company at an exercise price of 0.25 per ordinary share. Following admission, the company’s issued share capital will be 3,895,872,338 ordinary shares. A total 157,555,555 warrants and 264,526,245 options over ordinary shares, representing approximately 10.8% of the company’s […]
UKOG issues third tranche of shares for loan
UK Oil & Gas plc (UKOG) issued the third tranche of shares, relating to last year’s first investment sum of £2 million, to RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. UKOG said that the first three tranches of equity shares had now been converted at the investors’ discretion to repay the loan, […]
Altona issues 1.6m shares
Altona Rare Earths plc has issued 1,591,373 ordinary shares in a director’s dealings and in lieu of cash salary payment for certain other directors and senior management. DIRECTORS AND PDMRs On 8 January, chief executive officer Cedric Simonet bought 20,000 ordinary shares at 2 pence each and on 9 January a further 50,000 for 2.1 […]