Union Jack Oil plc has adjourned its annual general meeting, including shareholders’ vote on re-election of its directors, in the light of Reabold Resources plc’s offer for the company. IMPACT Executive chairman David Bramhill said that discussions with Reabold continued on the detailed terms of the possible offer. “I believe that the making of an […]
Month: September 2026
GreenRoc draws down €2m to progress Amitsoq
GreenRoc Strategic Materials plc has drawn down €2 million (£1.7m) in the third tranche from a convertible loan to advance its Amitsoq graphite deposit in Greenland. DRILLING The 2025 funds from the Export and Investment Fund of Denmark (EIFO) will also progress the active anode material pilot plant located in Hørsholm, Denmark. The company will […]
First Class issues 8m new shares
First Class Metals plc has issued eight million new ordinary shares of £0.001 each, following a warrants exercise at 2.55p per share price, for an aggregate £204,000. TVRs Following admission, the company’s total issued share capital will comprise 424,276,349 ordinary shares, with equal voting rights. First Class holds no shares in treasury. The company’s exploration […]
Arkle identifies uranium in legacy drill holes at Erongo
Arkle Resources plc has identified uranium in trenching and legacy drill holes, ahead of beginning inaugural drilling at its Erongo project in Namibia. ULG The company previously defined two distinct mineralisation styles of paleochannel-hosted and uraniferous-leucogranite (ULG) hosted uranium on its acreage. A GRS* survey in 106 drillholes across EPLs** 8995 and 8298, resulted in […]
Prospex CEO buys 500,000 shares
Prospex Energy plc chief executive officer Tom Reynolds today bought 500,000 ordinary shares of 0.1 pence each in the company, at an average 3.12 pence per ordinary share. HOLDINGS The £15,600 purchase results in Mr Reynolds holding 1,198,549 ordinary shares, representing approximately 0.28% of Prospex’s total issued share capital. The company has onshore gas exploration and […]
Red Rock JV wins provisional contract for DRC housing
Red Rock Resources plc joint venture partner has been awarded a provisional contract to build and operate factories, each producing 3,300 to 5,000 low-cost houses a year, in the Democratic Republic of Congo. FUNDS The company said that the JV’s provision of low-cost housing is part of the social benefit associated with future mining activities. […]