Metals & Minerals News

First Class reports visible gold at Sunbeam

First Class Metals plc reported visible gold in core taken during drilling at the 10km Roy prospect on the Sunbeam property in Ontario, Canada. GRADES The company said that all drill holes had intersected the mineralised ‘package’, while the structure has a strike of more than 250 metres, and “could extend beyond 350 metres”.  The 1,000m […]

Legal News Oil & Gas

Ascent claim progresses for Slovenia gas proceeds

Ascent Resources plc’s arbitration process over the Petišovci gas joint venture in Slovenia has taken a further step forwards. DOMESTIC The company said that the Slovenian court had “fully rejected” the challenge by the company’s joint venture partner, Geoenergo, to the jurisdiction of the domestic arbitration tribunal. The tribunal had found in favour of Ascent’s […]

Finance Metals & Minerals News

European raises £7.5m

European Green Transition plc has conditionally raised gross aggregate of £7.5 million, via a placing and subscription for 86% of the company’s issued ordinary share capital. DEBT-FREE The placing involved 64,778,653 new ordinary shares of 0.25 pence each, and a subscription for 60,221,347 new ordinary shares, at a price of six pence per ordinary share. […]