Sunda Energy lc has been awarded an environmental licence to drill the Chuditch-2 gas appraisal well, on the TL-SO-19-16 production sharing contract, offshore Timor-Leste. DRILLING The company said that the licence, awarded on 9 March, was valid until 9 March 2028. The licence is also subject to conditions, which include submission of a waste management […]
Day: 16 September 2026
Power Metal increases treasury shares to 1.9m
Power Metal Resources plc bought 51,300 of its own ordinary shares of two pence each at a price of 15.2p per ordinary share. TVRs The 21 January purchase was followed by that on 26 January 2026 of 250,000 ordinary shares. All the acquired shares will be held in treasury, which now has 1,994,161 shares. Following the acquisitions, […]
Anglesey raises £680,000
Anglesey Mining plc has conditionally raised a total of £679,499.76, via a placing and direct subscription of an aggregate 11,324,996 new ordinary shares of nominal value £0.01 each, at six pence per share. TVRs The placing of 10,491,663 new ordinary shares to certain institutional and other investors raised £630,000. The direct subscription of 833,333 new […]
Fulcrum raises £550,000
Fulcrum Metals plc has raised gross £550,000 through a direct subscription with a new single investor, for five million new ordinary shares of one pence each, at 11 pence per share. TVRs The issue price is a premium of approximately 4.8% to the closing mid-market price of the company’s ordinary shares on 6 March 2026. […]
Focus raises £75,000
Focus Xplore plc has raised £75,000 through convertible loan notes to settle “certain historic creditors” and provide working capital. DIRECTORS Each ordinary share, issued on conversion to the holders of the loan notes, has one warrant attached for one new ordinary share. Subscribers for the loan notes include Focus’ new incoming non-executive director Neil Slade […]
Focus makes series of board changes
Focus Xplore plc plans to make a series of board changes, including the appointment of a new chairman and chief executive officer. DIRECTORS Antony Legge will become the independent non-executive chairman, replacing Sean Wade who will step down from the board. David Russell will be appointed executive director and Neil Slade as non-executive director, while […]