GreenRoc Mining plc has raised £460,786 via a placing of 18,431,452 new ordinary shares each of 0.1 pence at a price of 2.5 pence per placing share. DIRECTORS’ DEALINGS Participants included chief executive officer Stefan Bernstein, non-executive chairman George Frangeskides and independent non-executive director Mark Rachovides, who each subscribed for 200,000 shares for £5,000. On […]
Author: editorial
Corcel starts exploration at Canegrass
Corcel plc has begun initial exploration activities at its 100% owned Canegrass lithium project in Western Australia. TARGETS The company has engaged APEX Geoscience will for one week carry out “first pass ground truthing” to verify interpreted pegmatite swarms delineated from satellite imagery analysis. The programme aims to investigate and confirm lithium and nickel prospectivity of […]
SCZ Cononish creditor takes further action
Scotgold Resources Ltd could appoint administrators in Australia, in addition to the expected administration in the UK, after its largest shareholder took further steps over its loan agreement. RIGHTS The secured creditor over SGZ Cononish Ltd, developer of the gold-silver mine near Tyndrum, is Bridge Barn Ltd controlled by former chairman and director Nathaniel le […]
Ascent appoints Jean-Michel Doublet as NED
Ascent Resources plc has appointed Jean-Michel Doublet to the board as an independent non-executive director with immediate effect. Mr Doublet has more than 25 years’ international experience in corporate finance, with M&A experience, working with independent oil and gas companies focusing on emerging markets. He previously held a directorship at ZHRH Corporation in Nevada and […]
UKOG notes arrival of 7-inch perforating guns for Pinarova-1
UK Oil & Gas plc (UKOG) said that 7-inch perforating guns, capable of fully penetrating the joint venture Pinarova-1 well’s 9⅝-inch casing, arrived last week via airfreight in Istanbul. ACCUMULATION Following completion of preparations and paperwork the guns will be transported to site to resume operations on the exploration well. Pinarova-1 is testing whether […]
Serica Energy CFO Andy Bell to leave
Serica Energy plc chief financial officer Andy Bell will leave in the new year after nearly 20 years with the company. His replacement will be Martin Copeland. Mr Bell was initially a consultant to Serica and, since the Bruce, Keith and Rhum acquisitions, has been vice president finance and in September 2021 CFO. “The board […]