Borders & Southern Petroleum plc has issued 401,300 new ordinary shares of one pence each, following a warrant exercise at 10 pence per warrant share, for an aggregate £40,130. TVRs Following admission, the company’s total issued share capital will comprise 881,444,324 ordinary shares, with voting rights. Borders does not hold any ordinary shares in treasury. The company […]
Month: September 2026
Tertiary begins drilling Mushima North extensions
Tertiary Minerals plc has started 4,000 metres’ reverse circulation drilling to test the extensions of its target A1 silver oxide discovery on the Mushima North project in Zambia. ANALYSIS Ox Drilling will also test the current model for further mineralisation in the west of A1 and at target A2. Infill drilling will support the mineral […]
Cornish Metals extends mineral rights at South Crofty
Cornish Metals plc has secured a new 25-year mineral lease in the mineral rights areawithin its historical South Crofty tin mine project in the village of Pool in Carn Brea, west Cornwall. PRODUCTION The company, which already owns 50% of the mineral rights area, agreed the Dudnance lease with 50% owners, the Preston family. “Securing […]
Angus conditionally raises £3m to restructure debt
Angus Energy plc has conditionally raised £3 million, via a placing and subscription of 1.5 billion new ordinary shares, at 0.2p per share, to support a restructuring agreement with its lenders. CREDITORS Net proceeds will help pay for a fourth well at the Saltfleetby gas field in East Lincolnshire, and the well workover at Brockham […]
Tullow repays $48m senior notes
Tullow Oil plc has repaid $48,211,589.95 million of its outstanding senior secured notes, which were due in 2028. FOCUS The company settled the debt, at 101% of the principal amount, on 24 Jun 2026, leaving $1,162,034,475 outstanding of the principal amount. Chief financial officer Richard Miller said: “This partial repayment of the notes has been enabled […]
Redmoor mineralisation extends beyond resource model
Strategic Minerals plc’s subsidiary has identified further mineralisation outside previously modelled resource, from analysis of 2025 drill core at its Redmoor tungsten-tin-copper project in southeast Cornwall. STRUCTURES Cornwall Resources Ltd sent a total of 201 further samples from drill hole CRD041 to ALS Laboratories Loughrea in Ireland. Strategic said that the additional results had identified […]