Sunda Energy plc will issue 15,426,039 new ordinary shares following notice from Alumni Capital Ltd to convert £250,000 of the balance of its convertible loan note, plus a £25,000 finance charge. TVRs The conversion into ordinary shares of 0.1 pence each is at a price of 1.7827 pence, which is a 15% discount to the […]
Day: 16 September 2026
Union Jack-Reach find potential in Crossroads
Union Jack Oil plc joint venture has identified “several zones of interest” within the Crossroads well, located in Garvin County, Oklahoma, USA. TESTING Partner and operator Reach Oil and Gas Company Inc. completed drilling the well to the target depth of 4,600 ft, and took electric logs ahead of running and cementing production casing. Union […]
Cornish Metals agrees up to £52m credit
Cornish Metals plc has agreed up to a combined £52 million through secured credit facilities with its major shareholders, the publicly-funded National Wealth Fund Ltd and private investor Vision Blue Resources Ltd. DE-RISK The NWF holds 28.45% of the company will provide £35m, while Vision Blue, which owns 29.08%, will give US$22.75m (£17m) to progress […]