Cornish Metals plc has completed an oversubscribed placement of US$210 million (£155m) of new six-year, callable senior secured bonds with a coupon rate of 13.5% per annum. FID The company said that the bond placement, completed on 6 May, had drawn strong investor demand across international markets, with support from international institutional funds and natural […]
Day: 16 September 2026
Arkle issues 64.2m shares
Arkle Resources plc will issue 64.2 million ordinary shares of €0.0025 each, following the exercise of warrants at £0.0035 per share. TVRs On admission, the company’s total issued share capital will comprise 1,585,310,997 ordinary shares, with voting rights. Arkle holds uranium exploration interests in Namibia, lithium in Botswana and Ireland as well as zinc also […]
Altona chairman increases shareholding
Altona Rare Earths plc non-executive chairman Harvey Sinclair has bought 154,995 ordinary shares of £0.01, at £0.032 per share. HOLDING The £4,959.84 purchase on 8 May results in Mr Sinclair’s beneficial holding increasing to 2,100,757 shares, representing 0.47% of the company’s issued share capital. Altona owns the Monte Muambe rare earth elements-fluorspar-gallium project in Mozambique and […]
JOG frustrated by slow progress at Buchan
Jersey Oil & Gas plc reported slow progress at Buchan Horst as it awaits proven compliance with government policy regarding scope 3 emissions for UK North Sea projects. TAX In its audited 2025 financial results, the company said it had yet to complete the effect of downstream, or end-use, emissions from its upstream operations in […]