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 […]
Day: 2 December 2025
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) […]
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 […]
Panther completes fundraise at £655,569
Panther Metals plc has raised a total of £55,569 in the retail offer for existing shareholders, for 92,616 new ordinary shares. TVRs The retail offer, together with the 28 October placing of 1,092,616 new ordinary shares, has raised in aggregate £655,569.60. Following admissoin, the company’s issued ordinary share capital will comprise 6,983,986 ordinary shares, with […]
Anglesey investors reject financing-shares consolidation
Anglesey Mining plc shareholders today rejected the company’s proposals for £2 million financing from Alumni Capital Ltd, in conjunction with a capital reorganisation. ADMINISTRATION The money was earmarked for negotiations with third-party funders for a pumped hydro energy storage scheme at the Parys Mountain polymetal project in North Wales, thus generating cash flow. Anglesey said that it […]