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, […]
Month: September 2026
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 […]
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, […]
Arkle issues 10m new shares
Arkle Resources plc will issue 10 million ordinary shares of €0.0025 each, following the exercise of warrants, at £0.0030 per new share. TVRs Following admission, the company’s total issued share capital will comprise 1,595,310,997 ordinary shares, with equal voting rights. Arkle has interests in exploration licences for metals in Namibia, Ireland and Botswana.
Union Jack secures £1m loan from Egdon
Union Jack Oil plc has agreed a £1 million secured term loan facility from Egdon Resources UK Ltd, operator of the Wressle joint venture oil field in North Lincolnshire. CONDITIONS Union Jack will use the funds as additional working capital for general corporate purposes. The company holds 40% of Wressle, which lies within PEDLs 180 […]
Arkadian begins trading under new name
Arkadian Strategic Metals plc, formerly Alba Mineral Resources plc, began trading today, 8 June 2026, under its new name. ASSETS The company’s main project is the Clogau-St David’s gold mine along with wider exploration licences in North Wales. Arkadian’s additionally has a 51% interest are in the Motzfeldt critical minerals project, and 23.97% ownership of […]