Sunda Energy plc has raised gross £404,780 from a retail offer for the issue of 13,606,029 new shares and 6,802,977 warrants. REORGANISATION The sum raised adds to the £6.7 million raised earlier this week, which will fund the oil and gas exploration company’s proposed expansion into New Zealand. Shareholders are expected to vote on the […]
Day: 16 September 2026
Reabold raises £687,000
Reabold Resources plc has raised £686,800 via a conditional subscription for 686,800,000 new ordinary shares of 0.1 pence each in the company, at 0.1 pence per share. DIRECTORS The company has also proposed a share consolidation, subject to shareholder approval. The subscription adds to the £1.51 million and £1.9m raised during March 2026, and takes […]
Weardale receives £700,000 grant
Weardale Lithium has received a £700,000 government grant for a detailed feasibility study at its geothermal lithium project in Eastgate, County Durham. MAPPING The funds are from the £4 billion DRIVE35 Scale-Up: Feasibility Studies competition, and delivered by the Department for Business and Trade in partnership with the Advanced Propulsion Centre UK (APC) and Innovate […]
Metals expands acreage at La India
Metals Exploration plc has added four “highly prospective” exploration concessions adjacent to its La India gold project in Nicaragua. TARGETS The awarded licences, comprising La Grecia, San Cristobel, Dos Hermanos and Las Cruces, cover a combined 64,400 hectares. La Grecia includes historical gold workings and “numerous” other gold targets, previously explored by Newcrest Mining Ltd. […]