Finance News Oil & Gas

Reabold increases share in Colle Santo

Reabold Resources plc has increased its interest to 29.2% in the Colle Santo gas field option holder. RESOURCE The company converted £510,236.28 of convertible loan notes plus accrued interest, into 36 ordinary shares of LNEnergy Ltd at £14,173.23 per share. The loan note is dated 26 March 2024.  LNEnergy manages and owns 20% in Italian […]

Metals & Minerals News

Guardian receives £85,000 via warrant exercise

Guardian Metal Resources plc received £85,107.61 following notices to exercise warrants over 500,633 new ordinary shares of 1 pence each in the company. The exercise on 26 July, was at a price of 17p per warrant share. Following admission the company’s share capital will comprise 111,058,265 ordinary shares of 1p each, with voting rights. A TR-1 […]

Finance News Oil & Gas

UKOG makes further loan repayment

UK Oil & Gas plc has further reduced its £2 million loan from 2023 with RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. The company issued a further 238,095,238 equity shares to repay £50,000, leaving a balance of £260,000. Following admission, UKOG’s total voting rights will be 4,586,597,988 ordinary shares.

Finance News Oil & Gas

UKOG repays more of £2m loan

UK Oil & Gas plc has repaid a further £55,000 of its loan by issuing a further 244,444,444 shares to investors RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. The balance now stands at £310,000 of the original £2m loan. Following admission, UKOG’s total voting rights will be 4,348,502,750 ordinary shares.

Metals & Minerals News

Condor CEO receives 235,000 bonus shares

Condor Gold plc chief executive Mark Child has received a bonus of 235,294 shares at 28 pence each in the company for the financial year ended 31 December 2023. The company’s remuneration committee recommended the bonus which the board approved with Mr Child absent from the process. Following the issue of the 235,294 payment shares, […]

Metals & Minerals News

Panther sells 1m shares in Australia spin-out

Panther Metals plc has sold part of its holding in its Australian spin-out Panther Metals Ltd. The sale of 1,131,446 shares for $55,615, approximately £28,935.00, is a net decrease of 5.66% in its interest. The company now holds 18,868,555 shares in Panther Metals Ltd, equivalent to 21.65% of the total outstanding issued capital. Panther’s own […]