Tungsten West plc has raised £60,000 after exercising 200,000 warrants to subscribe for new ordinary shares of one penny each at a price of 30 pence per ordinary share. The 200,000 new ordinary shares will rank pari passu with the existing ordinary shares.
Tag: Tungsten West plc
Tungsten West records £5m losses
Tungsten West plc said its recorded losses of nearly £5 million was in line with expectations for the current stage of the tin-tungsten project at Hemerdon Mine in Devon. FINANCES In its half-year results for the six months ended 30 September 2021, the company’s losses were £4,990,226 (2020: £3,631,500) with administrative expenses of £1,763,573 (2020: […]
Tungsten West raises £18,544 via option exercise
Tungsten West plc raised £18,544.22 after receiving notices to exercise options to subscribe for 1,854,422 new ordinary shares of one penny each at an exercise price of one penny per ordinary share. Pursuant to the option exercise, Baker Steel Resources Trust Ltd will be issued with 1,657,196 new ordinary shares. This will increase Baker Steel’s […]
Tungsten West targets dual production
Tungsten West plc announced the commissioning of a temporary aggregates plant for its local subsidiary as it aims for dual production alongside tin-tungsten in Devon. CASHFLOW The Terex® AggWash 60 plant will operate at Aggegrates West while the Hemerdon tin-tungsten process plant is redeveloped. A separate full-scale aggregates plant will be built next year. Aggregates […]
Tungsten West appoints three new directors
Tungsten West Ltd has appointed three new directors and announced the ending of fourth directorship. Companies House recorded that Grace Elanor Stevens, David Connal Cather and Australian consultant Robert Norman Ashley have been named as directors. Stephen Leslie Fabian’s role as a director at Tungsten West has ended.