Power Metal Resources plc received notice to exercise warrants over 4,631,515 new ordinary shares of 0.1 pence each in the company at an exercise price of 0.75p per warrant share, for £34,736. Following admission, Power Metal’s issued share capital will comprise 1,502,733,450 ordinary shares of 0.1p each.
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Angus Energy appoints Paul Forrest as NED
Angus Energy plc has appointed Paul Forrest as a non-executive director. Mr Forrest is the owner and sole director of Forum Energy Services Ltd, which sold 100% of Saltfleetby Energy Ltd to Angus in May 2022. He holds 546,000,000 ordinary shares representing 21.08% of the company’s issued share capital. Mr Forrest has broad hydrocarbon and […]
Power Metal finds extensive Tati gold workings-dumps
Power Metal Resources plc said it had found extensive historical gold workings and dumps at its 100% owned Tati gold-nickel project within the prolific Tati Greenstone Belt near Francistown, Botswana. TATI Chief executive Paul Johnson described the initial findings as “extremely positive”. The project covers prospecting licences for gold and nickel mineralisation including PL126/2019, PL127/2019, and the […]
Condor receives £22,916 via warrant exercises
Condor Gold plc received total gross proceeds of £22,916.30 following notices to exercise warrants from CEO and executive chairman Mark Child and another shareholder. The company said it was issuing a total of 91.666 new ordinary shares with a nominal value of 20p each in the capital of the company at an exercise price of […]
Tertiary continues focus on Nevada and Zambia copper
Tertiary Minerals plc today said it would continue its focus on “the most widely used battery metal” – copper – at the company’s projects in Zambia and central Nevada, USA. BRUNTON PASS The company will next week begin a trenching programme at its 100%-owned Brunton Pass copper project. The programme comprises up to 950m trenching […]
Tertiary terminates Pyramid silver-gold project
Tertiary Minerals plc said it had terminated its Pyramid silver-gold project in Nevada, USA. PRIORITIES The move comes after drilling earlier in the year, which failed to show significant results at the North Ruth target. Termination of the project will result in cash savings of more than US$33,000 in lease and claim fees for the […]