Finance News Oil & Gas

Rockhopper issues 20m shares in warrant exercise

Rockhopper Exploration plc issued a total of 20,349,328 ordinary shares of £0.01 each pursuant to the final exercise of warrants issued as part of the capital raising in June 2022. A total 57,176,012 warrants were exercised prior to the expiry date of 31 December 2023 raising gross proceeds of approximately £5.146m since July 2022. The company issued 60,917,237 warrants to […]

Finance Metals & Minerals News

Condor chairman raises £1m for La India sale

Condor Gold plc chairman Jim Mellon exercised warrants for £1 million to ensure the company has sufficient money during the sales process for La India open pit in Nicaragua. OFFERS The exercise over 6,666,667 new ordinary shares, each at an issue price of £0.15, was by Galloway Ltd, owned by Burnbrae Group Ltd which is, […]

News Oil & Gas

Rockhopper issues 900,000 shares in warrant exercise

Rockhopper Exploration plc has issued a total 989,889 ordinary shares of 1 pence each from warrants issued as part of the fundraise in June 2022. The shares were issued on 6, 14, 21 and 28 September 2023 under the company’s existing block listing entitlement. As at 30 September 2023, Rockhopper’s issued ordinary share capital comprised 591,439,130 ordinary shares […]

Finance Metals & Minerals News

FCM raises £1m via discounted subscription and warrant exercise

First Class Metals plc has received more than £1 million from an oversubscribed discounted fundraise and a warrant exercise. PLACING & SUBSCRIPTION The company placed 9,599,000 ordinary shares and held a subscription of 375,000 ordinary shares, each of £0.001 par value, at a price of 10 pence per share. Every two placing and subscription share […]

Finance Metals & Minerals News

Power Metal receives £43,750 via warrant exercise

Power Metal Resources plc received £43,750 from the exercise of warrants by former chief executive Paul Johnson over 6,250,000 new ordinary shares. The shares of 0.1 pence each in the company were exercised each at a price of 0.7p. As a result, Paul Johnson and Michelle Johnson will hold 82,250,000 Power Metal shares equating to 3.98% of issued share capital. Following admission, […]