Ascent Resources plc has issued 1,149,058 new ordinary shares of 0.5 pence each in the company at an issue price of 2.3 pence for services to the company. A total 279,493 shares were issued to a former director employed in October and November 2024 and 869,565 to Optimo Research for services provided over the next […]
Tag: shares issue
United issues 59m shares to settle Egypt legacy
United Oil & Gas plc has issued 59,523,810 new ordinary shares to settle an outstanding balance with Rockhopper Exploration plc relating to the transfer of the Abu Sennan licence in Egypt. EXPLORATION In 2019 Rockhopper agreed to sell its 22% working interest to United, which held the concession until 2024. The issued new ordinary shares […]
Guardian issues 233,823 warrant shares
Guardian Metal Resources plc has issued 233,823 new ordinary shares of 1 pence each following an exercise of warrants at 17p per warrant share for a total £39,749.91. Following admission, the company’s issued share capital will comprise 125,340,814 ordinary shares of 1p each, equal to the number of voting rights. Guardian’s tungsten, industrial garnet, gold, copper […]
Ascent issues 36m shares for US licences
Ascent Resources plc has issued 36,199,000 new ordinary shares, each of 0.5 pence nominal value, at 5 pence per new share in relation to its 49% purchase of US oil and gas licences. The 119,000 acres of helium-rich licences lie within the Paradox Basin across Utah and Colorado. The issued shares are payment to operator […]
United issues second tranche of fundraise shares
United Oil & Gas plc has issued the second tranche of shares relating to the December £700,000 fundraise. SUCCESSOR The balance of 315 million new ordinary shares of £0.00001 each have one warrant for every two subscribed placing shares. Following admission, United total issued share capital will be 1,856,353,969 ordinary shares of £0.00001, with voting […]
Alba exercises Finnsbo rare earth option
Alba Mineral Resources plc has exercised the earn-in option to acquire the Finnsbo rare earth project in eastern Bergslagen in Uppland, eastern Sweden. INTEREST The completed transaction involves payment to the project owners of £7,500 in cash and £7,500 in 30,512,612 Alba shares. Following admission the company will have 10,941,721,949 ordinary shares in issue, with […]