Finance Metals & Minerals News

Metals issues 6m new shares

Metals Exploration plc has issued 6,099,128 new ordinary shares of £0.0001 each, following an exercise of options, at an average price of £0.0665 each, for an aggregate of £405,750.56. TVRs Following admission, the company’s issued share capital will comprise 3,285,555,158 ordinary shares, of which 299,385,458 ordinary shares are held in treasury. The total number of […]

Finance Metals & Minerals News

First Class raises £1m

First Class Metals plc has raised gross £1 million through a placing of 26,315,790 new ordinary shares, at a price of 3.8 pence per share. TVRs The placing price is a 9.5% discount to the bid closing price of the company’s shares on 8 June 2026. The company will also issue over 909,090 new ordinary shares, in […]

Finance Metals & Minerals News

First Development receives grant for Lander West drilling

First Development Resources plc has received a AU$100,000 (£52,600) grant to support drilling the Lander West gold target on the Selta project in the Northern Territory, Australia. PRIORITY The company’s subsidiary URE Metals Pty Ltd received the grant under Round 19 of the Northern Territory Government’s geophysics and drilling collaborations (“GDC”) programme. The fully funded, […]

Finance Metals & Minerals News

First Class fully converts loan note

First Class Metals plc has fully converted the January 2026 loan note with the issue of 1,619,793 shares with the value of £37,500. SUNBEAM The shares’ issue on 4 June 2026 follows that on 3 June of the same number of shares with the same aggregate value. Following admission, First Class’s total issued share capital […]

Company Moves News Oil & Gas

Harbour NED steps down

Harbour Energy plc’s BASF-nominated non-executive director Hans-Ulrich Engel has stepped down, after the German company’s holding in the oil and gas producer fell below 25%. ASSETS Under the September 2024 agreement, BASF Handels-und Exportgesellschaft mit beschränkter Haftung was entitled to nominate two directors to the Harbour board. Following Mr Engel’s departure on 8 June 2026, […]