Critical Mineral Resources plc has conditionally raised approximately £250,000 before expenses via a placing. KM SECURITIES The placing comprised 12,242,252 new ordinary shares in the company and 8,018,646 treasury shares, at a price of 1.25 pence per new ordinary share. KM Securities Pty Ltd, in which Critical Minerals non-executive director Russell Thomson is 50% shareholder, acquired 2 […]
Tag: extractive industries
Cornish Metals CEO Richard Williams steps down
Cornish Metals Inc chief executive officer Richard Williams will step down from the post and the board at the end of this month. Mr Williams will remain available as a consultant to the company. “On behalf of the board of directors I want to thank Richard for the many achievements he made and obstacles overcome to […]
Tullow Oil CEO-CFO exercise total 10.5m share options
Two Tullow Oil plc directors have exercised a combined 10.5 million granted nil price options over ordinary shares of 10p each in the company. On 11 March, chief executive officer Rahul Dhir acquired 5,549,057 shares in relation to the company’s executive share plan for the performance period 2024-2026. He also acquired 1,144,385 shares from options […]
Palliser portfolio manager to stand as Capricorn NED
Capricorn Energy plc said that Palliser Capital portfolio manager Sachin Mistry will stand for election as non-executive director at the company’s general meeting on 23 May. The move follows a relationship agreement with Palliser and consultation by the board with “a broad range of shareholders”. Subject to shareholder approval, Mr Mistry will join the Capricorn […]
Tullow Oil NED purchases 100,000 shares
Tullow Oil plc non-executive director Roald Goethe bought 100,000 ordinary shares in the company for a total £28,500. The purchases via the London Stock Exchange on 8 March were in two tranches of 50,000 shares, for £0.29 and £0.28 per share.
Power Metal new spin-out targets Arabian Gulf
Power Metal Resources plc has established its seventh spin-out, Power Arabia Ltd, which will focus on the Arabian Gulf. DISCUSSIONS The subsidiary is expected to undergo pre-IPO financing to fund activities and listing on the London Stock Exchange. Power Arabia will also cover any projects outside the region in joint ventures with “entities domiciled within the […]