Predator Oil & Gas Holdings plc said it was evaluating an “aggressive” back-to-back drilling programme at the Bonasse field onshore Trinidad, to take advantage of the recent spike in oil prices. REVENUE During February 2026, the company drilled and completed two new development wells, BON-18 and 19, with both now online and producing. Predator has […]
Month: September 2026
Ascent grants 30m share options
Ascent Resources plc granted options over a total of 30 million ordinary shares of £0.005, to its non-executive chairman and a non-executive director, under individual share option agreements. INTERESTS Jean-Michel Doublet and Edouard Etienvre each received 15 million options with an exercise price of 0.65 pence per ordinary share. The options vest in three tranches […]
Kavango agrees extension to acquire Nara
Kavango Resources plc has agreed a time extension to acquire the Nara gold project in Zimbabwe, after the seller defaulted on the terms of the call option. FORMALITIES The company exercised the option in July 2025 and, following a previous extension, completion was scheduled for 27 February 2026. Earlier in March, Kavango said that, following […]
Strategic raises £4.7m
Strategic Minerals plc has raised gross £4.7 million, through direct subscriptions for 134,285,712 new ordinary shares of 0.1 pence each, at 3.5p per new ordinary share. TVRs The company, which owns Cornwall Resources Ltd, said that the subscription was led by a “prominent international investor” who had made the approach. The issue price is a […]
Power Metal expands into Chile
Power Metal Resources plc has invested US$1 million (£700,000) for 2.6% in Next Minerals S.A., which is developing the Comahue underground copper mine in Antofagasta, Chile. PRODUCTION Power Metal made the investment through a subscription for 65,142 ordinary shares and 65,142 warrants, valid for three years, in Next. The company said that project has a […]
Guardian begins trading on NYSE
Guardian Metal Resources plc said it marked the start of trading today on the New York Stock Exchange by ringing the NYSE closing bell at 4pm Eastern Time (8pm GMT). POWER METAL The company continues to trade on the London Stock Exchange. Guardian’s main project is exploration and development of the tungsten deposit at Pilot Mountain […]