Serica Energy plc has completed a placement of $300 million of new five-year senior unsecured bonds, with a coupon rate of 7.875% per annum. OPPORTUNITIES The bond placement met “strong” demand and was “significantly” oversubscribed by high-quality investors across the Nordics, UK and other regions. Settlement of the bond issue is expected on or about […]
Day: 16 September 2026
Critical posts ‘excellent’ assays at Agadir Melloul
Critical Mineral Resources plc reported “consistent copper mineralisation” and “excellent zones of thickness and copper grade” from the first drill assay results at Agadir Melloul in central Morocco. SCALE The company said that in some areas, copper mineralised drill intercepts averaged approximately 5m true width. Results include 5.0m at 1.20% copper, 0.77g/t gold and 1.4g/t […]
Helium One appoints non-executive chairman
Helium One Global Ltd has appointed Clive Carver as non-executive chairman, with immediate effect. Mr Carver replaces James Smith who decided to step down from the role. Mr Smith has been board of Helium One since its IPO in 2020 as a non-executive director, and as non-executive chairman since August 2023. He oversaw the company’s […]
Power Metal signs access agreement for Tati
Power Metal Resources plc has signed an access agreement ahead of starting work at the Tati gold project, containing the Cherished Hope mine, on the Tati Greenstone Belt, near Francistown, Botswana. DRILLING The project comprises three licences of which one, PL049/2022, has been under a share option agreement with Tuscan Holding Pty Ltd since June […]