Finance News Oil & Gas

Angus issues second tranche shares from £7m fundraise

Angus Energy plc has restarted drilling at Saltfleetby and is to issue the second tranche of shares following its two-tranche fundraise comprising a placing and subscriptions in December 2022. SALTFLEETBY DRILLING The company said that drilling has to date reached 2,553 metres measured depth at the onshore gas field within PEDL005 on the coast of […]

Finance Metals & Minerals News

Caerus ex-directors return 4.9m shares

Caerus Mineral Resources plc’s investigation into “certain actions and commercial decisions by previous management” will see 4.9 million shares returned and 10m warrants cancelled. GOVERNANCE The company will also focus on its alliance with cornerstone investor EV Metals Group (EVM), and rebuild shareholder confidence. Chairman Christoper Lambert said in a statement today that he remained […]

Metals & Minerals News

Caerus former chairman acquires one million shares

Caerus Mineral Resources plc noted that its former chairman Michael Johnson acquired 1,021,250 ordinary shares, representing 1.67% of the issued share capital of the company. The transactions, between 9 April 2021 and 6 May 2021, were at £0.00 and outside a trading venue. In total, Mr Johnson and persons closely associated hold 5,550,001 ordinary shares representing 9.0% […]

Metals & Minerals News

Scotgold Resources reports PDMR dealings

Scotgold Resources Ltd announced that non-executive chairman Peter Hetherington purchased 150,000 depositary interests of no par value in the company at an aggregate price of 75.77 pence per share. Mr Hetherington’s beneficial interest in the issued share capital of the company is: Name & Position Ordinary Shares Purchased & Purchase Price Number of Ordinary Shares […]