Serica Energy plc has appointed Chris Cox as chief executive officer, effective from 1 July 2024. Chairman David Latin will end his temporary role as interim CEO on the same date. Mr Cox has more than 40 years’ experience in oil and gas in a wide range of roles with majors and independents. For the […]
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Golden Metal receives £186,000 via warrant exercise
Golden Metal Resources plc received notices to exercise warrants over 1,727,630 new ordinary shares of 1 pence each in the company at an exercise price of 10.75p per warrant share, for £185,720.22. Following admission, the company’s issued share capital will comprise 106,777,165 ordinary shares of 1p each with voting rights. The exercise was prior to the end of […]
Corcel receives £400,000 of fundraise
Corcel plc has to date received £399,750 cash of April’s £1.3m fundraise. The company will issue 79,950,000 of tranche I shares, including 39,975,000 shares to director Geraldine Geraldo. The company will also issue 79,950,000 warrants. Corcel expects the balance of the tranche I funds of £400,000 and the tranche II funds of £500,000 in due course. […]
Golden Metal starts 2,000m drilling on Pilot
Golden Metal Resources plc has begun 2,000m diamond drilling on its 100% owned flagship Pilot Mountain tungsten project in Nevada, USA. HIGH IMPACT The phase I campaign focuses on strategic resource expansion at the main Desert Scheelite zone, which hosts the “largest known tungsten resource on American soil”. Drilling will also explore brownfield targets by searching known or […]
Harbour notes ‘significant’ South Andaman discovery
Harbour Energy plc’s partner has made a “significant” gas discovery on the South Andaman licence, offshore Sumatra in Indonesia. APPRAISAL Operator Mubadala Energy’s announcement on the Tangkulo-1 exploration well follows the major discovery at Layaran-1 well on South Andaman in December 2023. The partners aimed to prove up additional volumes in the shallower Tangkulo prospect […]
Panther CEO buys 150,000 shares
Panther Metals plc chief executive officer Darren Hazelwood bought 150,000 ordinary shares of no par value in the company, a price of 5.25 pence per ordinary share. The purchase for £7,875 took place on 9 May 2024. Following the transaction, Mr Hazelwood has an interest in 4,786,666 ordinary shares, representing 5.156% of the company’s existing […]