Cornish Metals Inc today announced that it had reached an agreement with Osisko Gold Royalties Ltd to convert an outstanding amount of CA$7.17 million under the 2018 note financing into a royalty. One of the conditions for Canadian company Cornish Metals, formerly known as Strongbow, is a successful listing on the London Stock Exchange’s alternative […]
Tag: extractive industries
Condor Gold receives £189,435 via warrant exercise
Condor Gold received gross proceeds of £189,435.20 on 13 January 2020 following notices to exercise of warrants. The company issued 501,713 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p per share for 125,000 warrants and at a subscription price of 40p […]
Power Metal receives £295,769 through warrant exercise
Power Metal Resources plc received £295,769 following notices to exercise warrants over 33,787,504 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 16,945,400 warrants per ordinary share of 0.1 pence each. The exercise of 16,842,104 warrants are at an exercise price of 0.75 […]
Power Metal receives £79,956 through warrant exercise
Power Metal Resources plc received £79,956 following notices to exercise warrants over 7,995,600 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 7,995,600 warrants at an exercise price of 1.0 pence per ordinary share of 0.1 pence each in the company.
Power Metal starts extensive technical review at Molopo
Power Metal Resources plc has started an extensive technical review of its two diamond drill holes at the nickel sulphide and platinum group metals (PGM) project at Molopo Farms Complex (MFC) in Botswana. Site operator Kalahari Key Mineral Exploration Pty Ltd drilled holes KKME 1-14 and 1-6 with initial results showing 4.4 metres of ultramafic […]
Alba restarts Clogau-St David gold surface drilling
Alba Mineral Resources plc said it had restarted surface drilling at its Clogau-St David’s Gold Mine in North Wales. The critical minerals and precious metals company added it had processed a small bulk sample at a third-party processing facility and results confirmed the production of a 20.7 grams per tonne (g/t) gold concentrate. Alba also […]