Corcel plc has signed an exclusive 30-day option to acquire 100% of the lithium rights of the Canegrass project in Western Australia. CANEGRASS The project, comprising several granted mineral tenements, extends over part of the Windimurra Igneous Complex, a large differentiated layered ultramafic to mafic intrusion within the Yilgarn craton. Canegrass is a conical to sheet-like […]
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UKOG targets 2026 for Loxley production and sales
UK Oil & Gas plc has targeted 2026 to produce and sell gas from its 100% owned PEDL234 licence – Loxley – in Surrey. TIMETABLE The news follows publication of a competent persons report (CPR) for “one of the UK’s largest onshore gas discoveries” at 31 billion cubic feet 2C recoverable gas within the licence. […]
Prospex Energy receives £20,000 in warrant exercise
Prospex Energy plc has received £20,000.52 following notices for the exercise of warrants to subscribe for 666,684 new ordinary shares of 0.1p each in the company. USES The exercise price is 3 pence per warrant exercised. “These two warrant conversions are the last two 3p warrants remaining from the equity fund raise that took place […]
Baron receives £62,500 via options exercise
Baron Oil plc received £62,500 following the exercise of options to subscribe for 62,500,000 new ordinary shares of 0.025p each in the company. The options were originally granted to a previous director of the company and have an exercise price of 0.1p per new ordinary share. On admission, Baron’s issued ordinary share capital will consist […]
Power Metal increases uranium assets
Power Metal Resources plc has staked two further uranium properties, taking its total to 16 in Saskatchewan, and plans to extend the portfolio to other regions. HAWKROCK The acquisitions include Hawkrock East and Hawkrock West, each 12km apart, and covering a combined 4,280 hectares (42.80km2) within the prospective Snowbird Tectonic Zone (STZ) in the northeastern corner of […]
Corcel at advanced stage of Brazil mining-oil-gas deals
Corcel plc plans to extend its natural resource exploration and development reach to South America with a focus on Brazil, as part of its revised business strategy. MULTIPLE DEALS The company said it had been “actively screening industrial opportunities” for more than 12 months and was at an “advanced stage on multiple transactions across both mining and […]