Condor Gold received gross proceeds of £189,435.20 on 13 January 2020 following notices to exercise of warrants. The company issued 501,713 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p per share for 125,000 warrants and at a subscription price of 40p […]
Finance & Funding
Power Metal receives £295,769 through warrant exercise
Power Metal Resources plc received £295,769 following notices to exercise warrants over 33,787,504 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 16,945,400 warrants per ordinary share of 0.1 pence each. The exercise of 16,842,104 warrants are at an exercise price of 0.75 […]
Cadence receives £25,000 via warrant exercise
Cadence Minerals plc announced it had received subscription monies of £25,500 following notices to exercise warrants for 300,000 new ordinary shares in the company at an exercise price of 8.5 pence per share.
Power Metal receives £79,956 through warrant exercise
Power Metal Resources plc received £79,956 following notices to exercise warrants over 7,995,600 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 7,995,600 warrants at an exercise price of 1.0 pence per ordinary share of 0.1 pence each in the company.
WCM nears restart of deep coal mining in the UK
West Cumbria Mining (WCM) said it was delighted that the Government has lifted its holding direction on the company’s proposed deep coal mine near Whitehaven, off the coast of Cumbria. ESTIMATED RESOURCE Secretary of State Robert Jenrick MP has decided not call in the application for him to settle the matter and the plans will […]
SigmaRoc raises £12.4m for quick ‘financial firepower’
SigmaRoc plc has raised £12.4 million after placing 24,312,737 ordinary shares each at 51 pence. The company said that directors and senior management of SigmaRoc subscribed in total for 374,039 placing shares at the placing price. SigmaRoc chief executive Max Vermorken said that the fundraising was substantially over-subscribed. “Through careful management, and a robust business […]