Oriole Resources plc aims to raise £1,767,000 through a subscription for 930 million new ordinary shares each of 0.1 in the company by Lanstead Capital Investors L.P. SHARING AGREEMENT The issue price of 0.19 pence represents a 21% premium to the closing mid-market price of 0.15 pence of the ordinary shares on 31 July 2023. […]
Author: editorial
United discusses new deadline for Maria sale
United Oil & Gas plc is in advanced discussions for a further extension of the conditional sale of the UK North Sea licence P2519 containing the Maria discovery to Quattro Energy Ltd. DEADLINES Quattro, founded in early 2021, plans to sell its assets to Canadian company Jesmond Capital Ltd, which needs to raise funds for […]
Clontarf grants 300m share options to PDMRs
Clontarf Energy plc has granted long-term incentive share options to directors and senior management over a total 300,000,000 ordinary shares of 0.01p each in the company. The options, with an exercise price of 0.10p and an expiry date of 30 July 2030, vest immediately. The exercise price represents a premium of 11.11% to the closing […]
Helium One chairman Ian Stalker steps down
Helium One Global non-executive chairman Ian Stalker will resign from his position to reduce the number of his non-executive roles. He will be replaced by current non-executive director James Smith, with immediate effect. During his tenure Mr Stalker oversaw Helium One list on AIM and the inaugural drilling programme at the Rukwa licence in Tanzania. […]
Predator targets minimum £7m via private placing
Predator Oil & Gas Holdings plc aims to raise a minimum £7 million gross via a placing for institutional investors on completion of an accelerated bookbuild process. USES The company, with onshore oil and gas operations in Morocco and Trinidad, will issue new ordinary shares in the capital of the company at a price to […]
Capricorn awards 646,000 share options
Capricorn Energy plc awarded a total 646,202 nil cost options over its ordinary shares each of 490/143 to two directors under the long-term incentive plan approved by shareholders in 2017. PERFORMANCE Chief executive officer Randy Neely received 538,502 options, in accordance with the company’s directors’ remuneration policy approved at the 2023 general meeting. Commercial director Nathan Piper […]