First Class Metals plc has issued 7,341,425 ordinary shares to convert a further portion of loan notes, with a value of £60,000, dated November 2025. TVRs The conversion on 28 February follows that on the previous day of 63,000 notes, settled with the issue of 7,708,496 shares. Following admission, First Class’ issued ordinary share capital […]
Month: September 2026
Power Metal expands interests in Saudi Arabia
Power Metal Resources plc has invested US$1.5 million (£1.2m) for an initial 4.6% shareholding in Greyridge Exploration Corp, focused on copper and gold deposits in Saudi Arabia. PROJECTS The $1.5m investment is part of an up to £10m financing with “leading global investors”. Power Metal also signed a memorandum of understanding with the Canadian company for its […]
Viaro buys 2.4m shares in Deltic
Viaro Energy Ltd has bought 2,443,880 shares in its target acquisition, Deltic Energy plc, ahead of the industry regulator’s decision on the pending takeover. CONFIDENCE Viaro yesterday purchased an initial 2,143,880 shares, each at an average price of 3.6034p, representing 2.30% of Deltic’s total issued share capital. Later on in the day at 6.25pm, Deltic announced […]
Alba raises £800,000
Alba Mineral Resources plc has raised gross £800,000 by placing four billion new ordinary shares, at a 20% discounted price of 0.02 pence per ordinary share. TVRs Net proceeds will go towards drilling, blasting and processing at Clogau-St David’s gold mine in North Wales, and upgrading the processing plant. Funds will also advance the Motzfeldt multi-metals […]
Conroy intersects deepest mineralisation to date
Conroy Gold and Natural Resources plc said it had intersected the deepest gold mineralisation to date, in the first hole of 2,000 metres deep drilling, at Clontibret in Co. Monaghan, Ireland. TARGET Today’s results from drill hole CGC-25-001 include 2.8m at 4.5 grams per ton gold intersected, including 0.5m at 15.0 g/t gold. The company […]
Block issues 30m shares as bonuses
Block Energy plc has settled bonuses by issuing 30,428,200 ordinary shares of 0.25p each, and 9,231,083 nil-cost options over ordinary shares, to senior executives and employees. TVRs The company’s remuneration committee made the awards, for performance during 2025, to a director, one person discharging managerial responsibilities and staff members. Chief executive officer Paul Haywood received […]