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 […]
Tag: shares issue
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 […]
Condor receives £850,000 via NEDs shares purchase
Condor Gold plc has received an additional £851,999 via directors dealings following its chairman’s recent £1 million investment. NON-EXECUTIVE DIRECTORS The company issued 5,679,994 new ordinary shares each at £0.15, principally to existing shareholders. As part of the placing non-executive directors Andrew Cheatle and Ian Stalker have subscribed, directly or indirectly, for 33,333 and 66,666 […]
Angus issues shares for £3m loan
Angus Energy plc received shareholders’ approval in yesterday’s general meeting to issue 516,033,308 shares at 0.66 pence to Kemexon Ltd in exchange for a £3 million loan. Following the issue of the shares, Angus will have 4,142,893,340 ordinary shares in issue, each with one vote. The company holds no ordinary shares in treasury.