Metals & Minerals News

Metals issues 250.6m new shares

Metals Exploration plc has issued a total of 250,611,582 new ordinary shares following notices to exercise options and warrants of £0.0001 each in the company. TVRs The exercise notices include options over 229,600,000 new ordinary shares at an exercise price equal to nominal value under Metals’ long term incentive plan (LTIP), after all performance conditions […]

News Oil & Gas

Tullow signs MoU to extend Ghana licences

Tullow Oil plc has signed a tentative agreement to extend until 2040 the West Cape Three Points and Deepwater Tano licences, covering the Jubilee and TEN fields, offshore Ghana. OPPORTUNITY The TEN project comprises the three offshore fields of Tweneboa, Enyenra and Ntomme, which lie in the Deepwater Tano block, 60 kilometres offshore Western Ghana. […]

Metals & Minerals News

Central grants 704,807 share awards to executives

Central Asia Metals plc has granted an aggregate 704,807 nominal cost long-term share awards over ordinary shares in the company to executive directors. INTERESTS Granted under Central’s long-term incentive plan 2022, each award has an exercise price of $0.01 per ordinary share. Chief executive officer Gavin Ferrar received 397,115 awards and now holds 1,250,043. Chief […]

News Oil & Gas

Helium One notes free gas in State-9 at Galactica

Helium One Global Ltd has confirmed free gas from wirelogs after completing drilling the State-9 well at the Galactica farm-in project in Las Animas County, Colorado, USA. COLUMN Partner and operator Blue Star Helium drilled to a total depth of 1,225 ft (373m) with the well flowing naturally and showing good reservoir communication. Helium One […]

Metals & Minerals News

Guardian marks highest grades to date at Garfield

Guardian Metal Resources plc has returned the “highest grade” gold to date from the final 21 rock samples at the Garfield copper-gold-silver project in the Walker Lane mineral belt, Nevada, USA. GENETICS The property currently contains five zones of Power Line in the northwest, mid-west High Grade, Pamlico in the south, and Freeze and newly claimed […]