Legal News Oil & Gas

Sunda faces termination of Chuditch PSC

Sunda Energy plc has been accused of breaching the terms of the Timor-Leste production sharing contract by failing to drill on schedule an appraisal well on the Chuditch field. RIG The company’s subsidiary, SundaGas Banda Unipessoal, Lda, yesterday received a letter of notification from the country’s upstream regulator Autoridade Nacional do Petróleo (ANP). Sunda said it would […]

Finance Metals & Minerals News

Panther issues 40,000 new shares

Panther Metals plc has issued 40,000 new ordinary shares of no par value, following a warrants exercise for £30,000. TVRs Following admission, the company’s total issued share capital will comprise 10,671,838 ordinary shares, with one voting right each. Panther does not hold any ordinary shares in treasury. The company holds ploymetal exploration licences and the […]

Finance Metals & Minerals News

Panther raises £2.5m

Panther Metals plc has raised £2.5 million through a placing of 1,851,852 ordinary shares of no par value, representing some 21% of the company’s existing share capital, at 135 pence per placing share. TVRs The placing price was a 3.5% discount to the mid-market closing price of Panther’s shares on 17 June 2026. The company […]

Finance Metals & Minerals News

Fulcrum issues 466,667 new shares

Fulcrum Metals plc has issued 466,667 new ordinary shares of one pence each after receiving notice to exercise warrants, for a total of some £14,000. TVRs Following admission, the company’s total issued share capital will comprise 153,624,692 ordinary shares of one pence each, with one voting right each. Fulcrum does not hold any ordinary shares […]

Finance Metals & Minerals News

Tullow PCA buys 960,000 shares

Tullow Oil plc today reported a purchase of 960,000 ordinary shares of 10 pence each in the company by a person closely associated with its chairman Roald Goethe. Birgitte Plauborg bought the shares on 15 June 2026 at £0.136 each, for an aggregate £130,095.40. Tullow’s main production assets are offshore Ghana.

Finance Metals & Minerals News

Focus issues 40m new shares and warrants

Focus Xplore plc has allotted 40 million new ordinary shares of £0.001 each, after receiving notice to convert March 2026 loan notes valued at £10,000, at 0.025 pence per conversion share. TVRs The company will also issue to the noteholder 40m warrants, each exercisable at 0.025 pence per share for a period of four years […]