Kavango Resources plc non-executive chairman and interim chief executive officer Peter Wynter Bee will step down from the board from 1 July 2026. STRATEGY His replacement in both roles will be current executive interim finance director Donald McAlister, while the company continues to seek a permanent CEO. Thamsanqa ‘Tham’ Mpofu is appointed as non-executive director, […]
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Red Rock issues 177m new shares
Red Rock Resources plc has issued 176,984,142 new ordinary shares of 0.01 pence each, at 0.021 pence per share, to convert a £27,666.67 loan and £9,500 of commission invoices. TVRs Following admission, the company’s total issued share capital will comprise 9,579,904,419 ordinary shares. All of the ordinary shares have equal voting rights with none held in […]
Europa clears state approval for EG-08 farm-out
Europa Oil & Gas (Holdings) plc’s investee, Antler Global Ltd, has received state approval to complete the farm-out of the EG-08 gas production sharing contract, offshore Equatorial Guinea. RIG Fuhai (Beijing) Energy Ltd will drill the Barracuda prospect and hold 40% of the PSC. Europa has a 42.9% equity interest in operator Antler which, on […]
First Class completes acquisition of Kerrs
First Class Metals plc has made the final cash payment to secure 100% of the Kerrs gold property option in Timmins mining camp, northeastern Ontario. CLN The company completed the acquisition ahead of the three-year target, as stated in April 2024. The project comprises 36 units covering some 665 hectares, and has a historic NI […]
Cornish Tin changes name
Cornish Tin Ltd has changed its name to Cornish Tin & Lithium Ltd. The company holds the Great Wheal Vor project, comprising 26 former producing tin and copper mines, located in the historic mining district of Breage in Cornwall. Cornish as additionally identified Tregonning granite, a G5 granite, underlying its licensed exploration area containing “enhanced […]
Union Jack directors face ousting from board
Union Jack Oil plc has accused a proposed director of the company of “opportunistically trying to gain control of the company” and to remove serving directors. ‘CAMPAIGN’ Craig Howie, initially appointed in April 2024 as a non-executive director, left on 12 January 2026, by a board resolution. Mr Howie is reported to have sent a letter to […]