United Oil & Gas plc has issued 2.5 million new ordinary shares of £0.00001 each in a warrants exercise at £0.0015 per share, for £3,750. The warrants were issued as part of the company’s £700,000 fundraise in December 2024. Following admission, United’s total voting rights will be 2,063,877,779. The company owns the 22,400km2 Walton Morant […]
Day: 8 July 2025
Ascent identifies first wells for workovers in Utah
Ascent Resources plc and its potential partner ARB Energy LLC have identified the first 15 wells for workovers, at a cost of $100,000, on oil, gas and helium-rich leases in northern Utah. LOAN NOTES In May, the company conditionally acquired a 10% interest in the ARB-owned and operated leases and rights to 50% of incremental […]
Central buys stake in target acquisition
Central Asia Metals plc today bought 178,800,056 shares in, and agreed a revised deal for, its proposed 100% acquisition of New World Resources Ltd, which holds the Antler copper project in Arizona, USA. BASE METALS The A$98,340 (£47,210) on-market purchase, at A$0.055 per share, represents 5% of the Australian company’s issued capital. In May the […]
Karelian raises £185,000
Karelian Diamond Resources plc has raised £185,000 via a 30% discounted placing and subscription of 0.75 pence over a total 24,666,666 new ordinary shares each of €0.00025. TVRs The placing involved 18 million ordinary shares to raise £135,000 before expenses, while “certain parties” subscribed for 6,666,666 new ordinary shares at the issue price to raise […]