Metals & Minerals News Oil & Gas

Corcel increases issued share capital to 7.6bn

Corcel plc has increased its issued share capital, under an acceleration clause, with exercise of the 1,698,125,000 February 2025 warrants, for £3.85 million.  TVRs The company said that the last 334,375,000 of exercised warrants came under the block admission dated 24 June 2025. Following the exercise, Corcel’s issued share capital comprises 7,630,333,138 ordinary shares, with one […]

Metals & Minerals News

CMR finds visible mineralisation at Agadir Melloul

Critical Mineral Resources plc reported visible copper mineralisation in more than 60% of completed drill holes, and defined a new exploration target, at Agadir Melloul in central Morocco. MINE The company is earning 60% of the sedimentary hosted copper-silver deposit, which covers 80 km2. Operations began in September, with 20 drill holes completed so far, […]

Metals & Minerals News

Oriole issues 16.5m new shares

Oriole Resources plc has issued 16.5 million new ordinary shares of 0.1 pence each, following a warrants exercise at a price of 0.25p each, for £41,250. TVRs Following admission, the company’s issued share capital will comprise 3,917,702,338 ordinary shares. A total of 130,947,778 warrants and 399,916,245 options over ordinary shares, representing 3.34% and 10.21% respectively of […]

Finance Metals & Minerals News

Panther exits Pick Lake option due to lack funds

Panther Metals plc has terminated its Pick Lake base and precious metals purchase option with Frontier Energy Ltd after failing to raise enough funds. DISAPPOINTING The company had hoped to buy £4 million of Bitcoin to fund the project, which is part of the Winston Lake tailings option in Ontario, Canada. Pick Lake contains approximately 85% of […]

Metals & Minerals News

European signs exclusive option to sell Pajala

European Green Transition plc has agreed an exclusive six-month option to sell its Pajala copper project in northern Sweden. MONETISING Potential purchaser, Recovery Metals Cyprus Ltd, will fund all due diligence on the project’s Liviövaara nr 101 and Lehtosölkä nr 101 exploration licences. European said that Pajala was a potential iron oxide copper gold (IOCG) […]

Finance News Oil & Gas

United investors approve £2.23m fundraise

United Oil & Gas plc has issued a total of 1,552,532,979 new ordinary shares of £0.00001 each in a £2.33 million fundraise, following shareholders’ approval in a general meeting. TVRs Each share from the 7 October conditional fundraise has one warrant attached, valid for 12 months from the date of issue. On admission the company’s […]