Angus Energy plc, which owns the Saltfleetby onshore gas field, today said it expected to complete its proposed financial restructuring “in the coming weeks”. TRADING The company added that, although progress had been “slower than anticipated”, it continued to make “good progress” on documentation associated with the proposed financial restructuring. “Upon execution, the proposed restructuring […]
Day: 16 September 2026
Tertiary raises £1m
Tertiary Minerals plc has raised £985,000 through a placing of 1.97 billion new ordinary shares of 0.01 pence each in the company, at 0.05p per share. TVRs The placing shares will be issued under the company’s existing share issue authorities. Institutional investors and high net worth individuals participated in the placing, which is at a […]
Cornish Metals NED steps down
Cornish Metals plc non-executive director Kenneth Armstrong, who was on the board for 20 years, has stepped down. The Canadian company said that Mr Armstrong did not stand for re-election on 4 June 2026 at the company’s annual general meeting. From 2005 to 2015, Mr Armstrong was president and chief executive officer of Cornish Metals […]
Central Asia to expand into Canada
Central Asia Metals plc plans to expand into Canada by acquiring Quebec-focused copper-gold-silver developer Cygnus Metals Ltd, in an A$232 million (£123m) all share purchase. MRE The transaction adds the Chibougamau project to Central Asia’s Kazakhstan copper and North Macedonia zinc-lead production and its investment in Aberdeen Minerals Ltd’s base metals exploration project in Scotland. […]