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, […]

News Oil & Gas

Predator receives £79,500 via Optiva warrant exercise

Predator Oil & Gas Holdings plc has received £79,500 following notice from Optiva Securities Ltd to exercise 2,035,714 warrants. A total of 1,875,000 of the warrants are exercisable at 4 pence per share and 160,714 warrants are exercisable at 2.8 pence per share. Predator issued to Optiva a total 2,035,714 new ordinary shares, and now has […]