Kavango Resources plc has raised approximately US$4.7 million (£3.5m) in Zimbabwe and £2.8m in the UK, both at or the equivalent of £0.01 per share. NARA The fundraise was by way of a subscription for an aggregate 629,991,138 new ordinary shares at a 33% premium to the mid-market price at close on 5 March 2026. […]
Month: September 2026
Golden Rose shows new mineralised trend-targets
Ormonde Mining plc investee company has identified a new mineralised trend and gold targets at the Golden Rose gold-copper project in Central Newfoundland, Canada. PROSPECTIVITY The findings come from operator TRU Precious Metals Corp’s field work, which is focused on generating targets. TRU said its work placed the mineralised sandstone unit, discovered during 2025 drilling, within […]
Redmoor reveals ‘ultra high-grade’ tungsten
Strategic Minerals plc’s subsidiary, Cornwall Resources Ltd, has returned “ultra high-grade” tungsten, along with the “long intersections of high grade mineralisation” at the Redmoor tin-tungsten-copper project in southeast Cornwall. QUALITY The results are from the final drill hole, CRD039, of a nine-hole programme for 5,000 metres, completed between June and December 2025. Returns include an […]
First Class issues 7.5m shares
First Class Metals plc has issued 7,586,139 ordinary shares, following a conversion notice of a portion of loan notes, valued at £62,000, dated November 2025. TVRs Following admission, the company’s issued ordinary share capital will comprise 280,333,368 ordinary shares, each with equal voting rights. First Class holds no shares in treasury. The company has multi-metal […]
Altona issues 4.35m new shares
Altona Rare Earths plc has issued an aggregate 4,358,334 new ordinary shares of £0.01 each, following warrant exercises and to settle service provider fees. TVRs The warrant exercise for 3,733,334 new ordinary shares was at a price of two pence per ordinary share, for £74,666. The money will fund the company’s resource estimate and scoping […]
Beacon makes initial investment in Colle Santo
Beacon Energy plc has completed its initial investment in the Colle Santo gas field in the Abruzzo region, Italy. REABOLD The company now holds an approximate 24% indirect interest in LNEnergy, whose subsidiary owns the field. Subject to receiving a production concession, Beacon will acquire a further 24% indirect interest, for a total 48%, which is […]