Galantas Gold Corporation has converted US$60,000 debentures from late 2023 into 235,294 common shares issued at a price of $0.255 each. Following admission, the company will have $5,278,000 in debentures remaining in issue and 114,770,587 common shares.
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Scirocco enters final day of dealing
Scirocco Energy plc today marks its final day of dealing following shareholders’ approval earlier this month to cancel trading. MVL On 17 May, the company’s shares will be admitted to JP Jenkins share dealing platform for unlisted or unquoted assets in companies. The platform enables shareholders and prospective investors to buy and sell equity on […]
Horizonte appoints administrators
Horizonte Minerals plc has entered administration and suspended trading after failing to secure full financing for its Araguaia nickel project in Brazil. INJUNCTION The company’s shares stopped trading on AIM today and TSX at 6pm on 15 May. Its nominated adviser Peel Hunt LLP resigned, with Horizonte having “no current intention” of appointing a replacement. […]
Clontarf advances bid for Bolivia salt pans
Clontarf Energy plc aims to partner with the German Mittelstand after reaching the third phase of the bidding process for seven priority salt pans in Bolivia. OFF-TAKE Phase III includes confirmation of the financial capacity of the company’s joint venture with NEXT-ChemX. Assessment by the Bolivian State Lithium Company (YLB) will include a review of […]
EGT defines large REE zone and drill targets
European Green Transition plc said it had defined a new large zone and several drill targets at the Djupedal prospect, 2.5km northwest of the Olserum rare earth elements project in south Sweden. EXPANSION Channel samples over a 100m zone showed REE mineralisation, including three metres grading 1.58% total rare earth oxide and one metre grading […]
Alba produces high-grade gold from Clogau tip
Alba Mineral Resources plc said it had produced high-grade gold of up to 17.22g/t from fines taken from the historic waste tip at its Clogau-St David’s gold mine in North Wales. REFINERY The trenching programme has to date seen nearly 33 tonnes of <20mm material excavated from the tip. Alba produced four concentrates from composite samples […]