News Oil & Gas

Reabold requisitioned meeting set for January 2024

Reabold Resources plc’s shareholders will vote whether to remove and replace the board members at a requisitioned general meeting on 10 January 2024. Pershing Nominees Ltd, which owns approximately 7.79% of the company’s issued share capital on behalf of 13 beneficial shareholders, requested the meeting.

News Oil & Gas

Reabold restarts share buyback from Victory proceeds

Reabold Resources plc has restarted its share buyback programme using new net proceeds from the sale of the Victory gas field to Shell. CAPITAL In October 2022 the company said it intended to begin the programme and return £4 million excess cash to shareholders on receipt of £9.5 million of deferred net sale proceeds from […]

Metals & Minerals News

Golden Metal assays increase Garfield potential

Golden Metal Resources plc reported greater than expected copper-silver-gold mineralisation from overlimit assay testing at Garfield within the Walker Lane mineral belt in Nevada. SIGNIFICANT Following last week’s preliminary results from ground exploration, overlimit samples were reanalysed using higher-grade threshold assay methods. Results of 11 of 32 samples returned greater than 1% calculated copper equivalent (CuEq) including 23.92% CuEq (2.37% Cu, […]

News Oil & Gas

Neptune discovers new gas at Kyrre prospect

Neptune Energy and its partners have made a new gas discovery at the Kyrre prospect within PL929 in the Norwegian sector of the North Sea. VOLUMES The discovery is located close to the Gjøa field where the company today also confirmed the volumes for the Ofelia appraisal well. After drilling side-track 35/6-4 A into the […]

Finance Metals & Minerals News

Condor receives £850,000 via NEDs shares purchase

Condor Gold plc has received an additional £851,999 via directors dealings following its chairman’s recent £1 million investment. NON-EXECUTIVE DIRECTORS The company issued 5,679,994 new ordinary shares each at £0.15, principally to existing shareholders. As part of the placing non-executive directors Andrew Cheatle and Ian Stalker have subscribed, directly or indirectly, for 33,333 and 66,666 […]