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, […]
Tag: warrant exercise
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 […]
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 […]
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, […]
i3 Energy issues 9m shares in warrant exercise
i3 Energy plc said that certain of its loan noteholders had exercised warrants over 9,051,927 ordinary shares in the company. Following admission, i3 Energy will have 1,201,899,967 ordinary shares with a nominal value of £0.0001 each.
First Class Metals receives £75,000 via warrant exercise
First Class Metals plc received £75,000 following notices to exercise warrants over 600,000 ordinary shares. On admission, the company’s issued share capital will consist of 71,394,589 ordinary shares with voting rights.