Jersey Oil & Gas plc non-executive director and chairman of the audit committee Marcus Stanton has retired. Mr Stanton had been with the company since it listed in 2015, firstly as non-executive chairman and latterly as a NED. “I would like to express my thanks to Marcus and wish him well in all his future […]
Author: editorial
Panther confirms 1.2km gold trend at Dotted Lake
Panther Metals plc has confirmed a 1.2km long open-ended gold trend from diamond drilling at Dotted Lake on the north limb of the Schreiber-Hemlo greenstone belt in Ontario, Canada. CORRELATION The company’s first phase I drill core assays also showed an intersection of “high grade zinc/gold volcanogenic massive sulphide-style mineralisation”. Drill hole DL24-001 returned “highly anomalous […]
Karelian deputy chairman resigns
Karelian Diamond Resources plc deputy chairman and non-executive director Séamus Fitzpatrick resigned, effective today. The company said that Mr Fitzpatrick’s “significant” business interests in the USA had left him insufficient time for the company. “Seamus has confirmed his ongoing support and commitment to the success of Karelian and I would like to thank Seamus for […]
Ascent CEO in director dealings
Ascent Resources plc chief executive officer Andrew Dennan has engaged in direct and indirect share dealing in the company. On 20 December C4 Energy Ltd sold 2,173,913 ordinary shares of £0.005 each in Ascent at 2.2023p per share for £47,876.08 and now holds no shares in the company. Mr Dennan holds a 25% beneficial interest […]
Hummingbird secures loan extension
Hummingbird Resources plc has secured a binding agreement with its major investors on a new loan extension. SUPPORT The transaction is with CIG SA and Nioko Resources Corporation regarding the new CIG loan. Shareholders voted in favour of converting the CIG US$30 million loan, dated 6 November, into new ordinary shares in a debt-to-equity conversion. The […]
Tullow NED in shares-senior notes purchase
Tullow Oil plc non-executive director Roald Goethe has bought 100,000 ordinary shares of 10 pence each in the company at £0.1964 per ordinary share. Today’s £19,640 purchase follows Mr Goethe’s acquisition on 18 December of one million of Tullow’s 7.00% senior notes due in 2025. The transaction on the OTC Bloomberg Euromarket Fixed was for […]