Red Rock Resources plc said it had received £202,205.88 following notices to exercise warrants over 26,960,784 new ordinary shares of 0.01 pence each in the company. The warrant shares are being issued pursuant to the exercise of 26,960,784 warrants into shares at an exercise price of 0.75 pence per share.
Tag: UK mining
Cora Gold raises £3.1m via subscriptions
Cora Gold Ltd said it had conditionally raised £3,132,937.50 million (before expenses) through a subscription of 40,425,000 new ordinary shares of no par value in the company at 7.75 pence per ordinary share. Excess demand from subscribers to the fundraising means that Cora allotted the maximum number of shares. Binding commitments to subscribe for a […]
Altus extends gold mineralisation and project area at Tabakorole
Altus Strategies plc has increased gold mineralisation and nearly doubled its project area with two new licences at Tabakorole in southern Mali. Exploration is being funded by Marvel Gold Limited under its joint venture (JV) with Altus which holds a 49% equity interest and 2.5% net smelter return (NSR). ltus holds 49% of the project […]
Scotgold ships first gold concentrate from Cononish
Scotgold Resources Ltd announced it had made its first shipment of gold concentrate from Cononish mine near Tyndrum, Scotland. PRODUCTION The company added that the mine has been producing both gold concentrate and gravity separated gold Dore after resolving outstanding technical issues. Scotgold aims to open multiple faces of ore in the underground mine as […]
Kavango Resources raises £231,250 in warrant exercise
Kavango Resources plc said it had received £231,250 following notices to exercise warrants over 9,250,000 new ordinary shares of £0.001 each in the company. The warrant shares are being issued pursuant to the exercise of warrants granted and announced in April 2020.
Galantas increases Q1 2021 concentrate shipment
Galantas Gold Corporation increased shipment of concentrate and slightly narrowed losses for the start of the year at Cavanacaw gold mine in Omagh, Northern Ireland. In its unaudited financial results ended 31 March 2021, the Canadian miner recorded a net loss of C$639,963 (Q1 2020: C$680,315). The miner recorded no revenue and held cash of […]