Tullow Oil plc has appointed chief financial officer Richard Miller as interim chief executive, replacing Rahul Dhir whose departure was announced in December 2024. Mr Dhir is expected to leave the board on 14 February and remain available to Tullow until his notice period ends on 5 June. The company said that the process to […]
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Angus receives booster compressor for Saltfleetby
Angus Energy plc has received the booster compressor to add to its existing two compressors at the Saltfleetby field gas processing facility in Lincolnshire. RECOVERY The US-made unit was shipped to the UK and arrived at the site last week. “It has been safely positioned on its concrete plinth and the work to complete the […]
GreenRoc raises £735,000
GreenRoc Strategic Materials plc has raised £735,000 via a 31.57% discounted placing and subscription for a total 56,538,462 new ordinary shares at 1.3 pence per share. DIRECTORS’ DEALINGS The fundraise comprises a placing of £500,000 from institutional investors, £165,000 from existing shareholders, £50,000 from its largest shareholder Alba Mineral Resources plc and £17,500 from directors […]
Fulcrum appoints Mitchell Smith as chairman
Fulcrum Metals plc has appointed non-executive director Mitchell Smith as independent non-executive chairman. His predecessor acting as interim, Alan Mooney, resumes his original 2023 role of independent non-executive director. “I would also like to take this opportunity to thank Alan for taking on the role of interim chairman, and I am delighted that he has […]
Hummingbird to cease trading
Hummingbird Resources plc will cancel its shares from trading after its major creditor Nioko Resources Corporation secured 75% or more of the company’s issued ordinary share capital. The move follows Hummingbird’s increasing debt, challenges at the Yanfolila gold mine in southern Mali, and delays at Kouroussa in Guinea which placed “significant strain” on its balance […]
Guardian issues 149,925 shares
Guardian Metal Resources plc has issued 149,925 new ordinary shares of 1 pence each via a warrant exercise at a price of 17p per warrant share. The company, focused on tungsten, lithium and base and precious metals exploration in Nevada, received £25,487.25 in return. Following admission, Guardian’s issued share capital will comprise 126,422,612 ordinary shares of […]