Rockhopper Exploration plc has appointed William Perry as chief financial officer and Barak Mashraki as independent non-executive director to the board, with immediate effect. Chartered accountant Mr Perry began working with Rockhopper in 2010 before joining full time in 2011. He had held the role of non-board CFO since 2021. He was previously a senior […]
Month: September 2026
Western starts inaugural diamond drilling at Glen Lyon
Western Gold Exploration Ltd has started inaugural diamond drilling, initially focused on the Glen Lyon joint venture licence, at the Caledonian gold project in the Scottish Highlands. PROSPECTS The company holds 90% of Glen Lyon and nearby Cononish gold-silver mine owner Acrux Gold holding 10%. Western will drill test three high-grade gold prospects of Creag […]
Beacon welcomes distribution partner for Colle Santo
Beacon Energy plc said that a “leading” Italian energy distribution company has acquired 10% of the Colle Santo gas field owner, which in turn has increased its holding from 90 to 100%. VALIDATION The purchase for €1.4 million of the share in LNEnergy Italy, leaves the remaining 90% held by its parent LNEnergy Ltd. In […]
Sunda issues 43.8m new shares
Sunda Energy plc has issued 43,824,701 new ordinary shares after converting £500,000 of the outstanding convertible loan notes, plus a £50,000 finance charge, following notice from Alumni Capital Ltd. TVRs The conversion into ordinary shares of 0.1 pence each is at a price of 1.255 pence. Sunda has also granted to Alumni 25,283,481 CLN warrants, […]
Fulcrum agrees proposed $20m financing
Fulcrum Metals plc has signed a non-binding US$20 million (£15m) royalty financing term sheet and a £200,000 subscription with Chancery Royalty Ltd for its Teck-Hughes tailings project in Ontario, Canada. GROWTH Under the proposals, Chancery receives a 5% net smelter royalty over Teck-Hughes gold production while Fulcrum retains the right to repurchase 2% of the […]
Union Jack director leaves
Union Jack Oil plc non-executive director John Americanos has left the company, “by a resolution of the board with immediate effect,” after just six months in the post. OFFER His vacated office was announced in a single-sentence statement on 26 June 2026. Mr Americanos, who is a Chartered Certified Accountant, took up the post of […]