Golden Metal Resources plc received £31,859.02 following notice to exercise warrants over 187,406 new ordinary shares of 1 pence each in the company at 17p per warrant share. Following admission, the company’s issued share capital will comprise 110,019,623 ordinary shares of 1p each. The number represents the total voting rights in Golden Metal.
Author: editorial
Baron Oil renamed as Sunda Energy
Sunda Energy plc has been registered as the new name for Baron Oil plc. The company is currently preparing financing to drill an appraisal well in the Chuditch field, offshore Timor-Leste. In June, Sunda entered year three of the production sharing contract and aims to begin planned operations in 2025.
FCM advances Ontario field-technical work
First Class Metals plc said it had made significant advancements in field activities and technical developments for its four projects in northern Ontario, Canada. PHOTON Field work is now complete at the Coco East property which has potential for precious and base metals. The company interpreted the geophysical anomaly in the northern sector as a […]
Central Asia Metals CEO to step down
Central Asia Metals plc chief executive officer Nigel Robinson is to step down, effective from 1 October. CHALLENGING His successor will be chief financial officer Gavin Ferrar who has been with the company for 10 years. Executive director of corporate development Louise Wrathall will become CFO on the same date, while retaining focus on business […]
Red Rock issues 405m shares to convert debt
Red Rock Resources plc has issued 405,175,088 new ordinary shares at a subscription price of 0.045 pence per share to convert £182,328.79 debt. Following admission, the company’s issued ordinary share capital will comprise 4,785,820,566 ordinary shares, with voting rights. Red Rock holds none of the ordinary shares in treasury.
Arkle NED purchases 5m shares
Arkle Resources plc non-executive director David Cockbill has acquired 5 million ordinary shares of €0.0025 each in the company. The purchase, at 0.23p and 0.24p per share, takes his beneficial interest in the company to 18,435,408 ordinary shares. The figure represents 3.26% of Arkle’s issued share capital.