Altona Rare Earths plc has issued one million new ordinary shares of £0.01 each, following notice to exercise warrants, at a price of two pence each, for £20,000. TVRs Following admission, the company’s enlarged share capital will comprise 384,240,635 ordinary shares, each with voting rights. Altona has no shares held in treasury. The proceeds will […]
Month: September 2026
Arkle welcomes increase in drilling at Stonepark
Arkle Resources plc’s partner plans to increase drilling, from 3,000 metres to 15,500m, at the Stonepark zinc joint venture in County Limerick, Ireland. VALUE Canadian operator, Group Eleven Resources Corp, also intends to carry out step-out drilling around the known resource at Stonepark and follow-up drilling on the Carrickittle West prospect. Arkle holds a 22.36% […]
Cadence completes Azteca plant studies
Cadence Minerals plc has completed the detailed mechanical and electrical engineering studies for the Azteca plant at the Amapá iron ore project in northeast Brazil. COMMISSIONING The company has also requested “critical refurbishment items” and is due to begin early works this month. The comany said that the licensing processing continued, including IPHAN* – covering […]
Reabold raises £1.9m
Reabold Resources plc has raised £1.9 million through a subscription by an investor group, led by US-based investor Rohan Oza, for a total of 1.9 billion new ordinary shares of 0.1 pence each. WEST NEWTON Rohan Oza is believed to be the cousin of Reabold’s co-chief executive officer Sachin Oza. The placing price of 0.1 […]
Borders issues 105,000 new shares
Borders & Southern Petroleum plc has issued 105,263 new ordinary shares of one pence each, following notice from non-executive director Will Hodson to exercise warrants. TVRs The exercise was at a price of 10p per warrant share, for a total of £10,526.30. Following admission, the company’s total issued share capital will comprise 879,420,674 ordinary shares, each with voting […]
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 […]