GreenRoc Mining plc has raised gross £238,311 by placing 13,239,499 new ordinary shares of 0.1 pence each, at a price of 1.8 pence per placing share, for its Amitsoq graphite project in Greenland. USES The company said that its founder and largest shareholder Alba Mineral Resources plc, an Alba non-executive director and the majority of […]
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Hummingbird positive on upgrading Yanfolila
Hummingbird Resources plc said that it had positive results from drilling aimed at upgrading inferred resources into the indicated category at its Yanfolila gold mine in southern Mali. MRE During the first quarter, exploration mainly focused on the Sanioumale West North pit and Kabaya South deposits. The company added that Sanioumale West North showed “potential […]
Central Asia directors in 1.4m options exercise
Central Asia Metals plc directors today exercised 1,383,849 nominal cost options over ordinary shares of US$0.01 each in the company, at an exercise price of $0.01 for a total £3,072,976. Central Asia said it settled the option exercise, under its employee share plan 2011, in cash at £2.2206 per share. No actual shares were sold […]
Clontarf raises £300,000 via placing
Clontarf Energy plc has raised £300,000 before expenses via a placing of 857,142,857 new ordinary shares of 0.01p each in the company at a price of 0.035p per placing share. The placing shares represent approximately 11.92% of the company’s enlarged issued share capital. Net proceeds will advance Clontarf’s lithium projects in Bolivia and neighbouring countries, […]
Panther raises £375,000 via discounted placing
Panther Metals plc raised £375,000 via a placing of 8,333,334 new ordinary shares at a discounted price of 4.5 pence per placing share in a bookbuild. USES The shares issue will represent approximately 8.2% of the company’s enlarged ordinary share capital following the placing. The placing price of 4.5p per placing share is a 12.6% […]
United settles outstanding $840,000 debt
United Oil & Gas plc said it had settled the final outstanding sum of $839,200 with its debt provider. JAMAICA The company has also completed the necessary paperwork to withdraw fully from Egypt. Chief executive Brian Larkin added: “We’re delighted to have reached a settlement agreement with our debt provider and express our gratitude for […]