Metals & Minerals News

Tungsten West issues 1.7m shares in options exercise

Tungsten West plc has received notice to exercise ‘founder’ options over 1,657,196 new ordinary shares of £0.01 each in the capital of the company for £16,572. Granted in October 2021, the founder options are exercisable upon certain milestones achieved and in accordance with the company’s start of trading on AIM. Following admission, Tungsten West’s issued […]

Metals & Minerals News

Golden Metal in warrant exercises

Golden Metal Resources plc issued 4,291,819 new ordinary shares in the company via separate warrant exercises over shares of 1 pence each at an exercise price of 10.75p per share. On 26 April, the company issued received notices to exercise warrants over 1,959,799 new ordinary shares for £210,678.39. Warrant exercises on 18 April saw 283,090 […]

Legal Metals & Minerals News

Galantas cancels shares-warrants for marketing firms

Galantas Gold Corporation has cancelled shares and warrants issued to two marketing companies instead of payment in cash on order of the TSX Venture Exchange. CHIEF EXECUTIVE In March 2023 the company engaged Grit Capital Corp for 26 weeks to conduct advertising campaigns for a fee of US$65,000 plus HST*. Galantas paid Grit an initial […]

Finance News Oil & Gas

UKOG employee benefit trust subscribes for 3bn shares

UK Oil & Gas plc employee benefit trust (EBT) today subscribed for 3,005,000,000 ordinary shares in the company to return the EBT ordinary shareholding to its original 10% of the issued share capital. The company signed a loan agreement with EBT trustees Alum Trustees Ltd to fund the subscription, at a price per share of £0.0001, […]

Metals & Minerals News

FCM omits admitting 16.3m shares to trading

First Class Metals plc (FCM) said 16,373,674 shares issued since its 2022 July IPO were not admitted to trading because of “incorrect information from its former financial advisor”. TRANCHES The company will now start applications to admit the shares on the official list of the Financial Conduct Authority and to trading on the main market […]