Angus Energy plc received shareholders’ approval in yesterday’s general meeting to issue 516,033,308 shares at 0.66 pence to Kemexon Ltd in exchange for a £3 million loan. Following the issue of the shares, Angus will have 4,142,893,340 ordinary shares in issue, each with one vote. The company holds no ordinary shares in treasury.
Altona Rare Earths plc (formerly Altona Energy) has appointed Audrey Mothupi as a board non-executive director. Ms Mothupi is chief executive of South African-based SystemicLogic Group, a global financial innovation, data and technology disruptor, specialising in emergent business models. Prior to joining SystemicLogic, she was head of inclusive banking at Standard Bank Group, where her division […]
Cornwall Resources Ltd has signed an initial five-year memorandum of understanding for tungsten from its Redmoor project with nuclear fusion technology company Oxford Sigma Ltd. DOMESTIC SUPPLY The two companies will collaborate to explore, develop, promote and secure “critical mineral supply pathways for tungsten” from the east Cornwall deposit to supply the fusion industry. Peter […]