Ascent Resources plc has issued in total 15,770,217 new ordinary shares of 0.5p each to directors and executives in lieu of 30 to 40% of salaries or fees to save costs and align their interests with shareholders. DIRECTORS The shares cover the period of six months from 1 June 2025 and “other contractual amounts” owed […]
Day: 8 July 2025
FCM issues 16m shares as settlements
First Class Metals plc has issued 15,914,535 new ordinary shares to clear a shares loan, meet options and accelerated share-based payments, and satisfy professional fees for its projects in Ontario, Canada. PROPERTIES The company allotted 9,500,001 new ordinary shares of £0.001 each to executive chairman James Knowles to settle his loan of shares. The company […]
Altona signs NDAs for Monte Muambe funding
Altona Rare Earths plc has signed two non-disclosure agreements on potential investment for its Monte Muambe rare earth elements, gallium and fluorspar project in northwest Mozambique. STRATEGIC The first NDA, with a “leading international critical metals mining industry group”, is for potential strategic investment for rare earths and gallium. Altona said it had sent representative […]
Reabold grants 116m share options
Reabold Resources plc has granted a total of 116,060,000 share option awards to certain directors and persons discharging managerial responsibilities under its deferred annual bonus plan. BONUS The awards represent 50% of the total 2024 annual bonus value, which is deferred into nil-cost options over ordinary shares of 0.1p each in the capital of the […]
United issues 33m shares via warrants exercise
United Oil & Gas plc has issued 33 million shares of £0.00001 each in a warrants’ exercise at £0.001 per share, for £33,000. The warrants were issued as part of the December 2024 fundraise. The company said that, following the exercise, no £0.001 warrants remained outstanding. On admission, United’s total voting rights will be 2,061,377,379. The […]
Helium One introduces incentive shares
Helium One Global Ltd has established an employee benefit trust as an incentive plan for its current and future management. TVRs The company will issue and allot 296,138,418 ordinary shares to the trust at nil par value, equal to approximately 5% of its issued share capital at the date of grant. The trust will hold […]