Sunda Energy plc will issue 11,763,447 new ordinary shares of 0.1 pence each, following notice from Alumni Capital Ltd to convert £100,000 of the outstanding drawn-down principal amount of its loan notes, plus a £10,000 finance charge. TVRs The company has additionally granted to Alumni a total of 6,786,604 CLN warrants entitling the holder to […]
Tag: Alumni Capital Ltd
Sunda issues 43.8m new shares
Sunda Energy plc has issued 43,824,701 new ordinary shares after converting £500,000 of the outstanding convertible loan notes, plus a £50,000 finance charge, following notice from Alumni Capital Ltd. TVRs The conversion into ordinary shares of 0.1 pence each is at a price of 1.255 pence. Sunda has also granted to Alumni 25,283,481 CLN warrants, […]
Sunda issues 15.4m new shares
Sunda Energy plc will issue 15,426,039 new ordinary shares following notice from Alumni Capital Ltd to convert £250,000 of the balance of its convertible loan note, plus a £25,000 finance charge. TVRs The conversion into ordinary shares of 0.1 pence each is at a price of 1.7827 pence, which is a 15% discount to the […]
Sunda raises £6.7m to diversify into New Zealand
Sunda Energy plc has conditionally raised up to £6.7 million to buy production and exploration permits, onshore Taranaki Basin on the west coast of New Zealand’s North Island. TVRs The fundraise involved Alumni Capital’s firm subscription which raised £900,000 at 0.02975 pence per share Alumni Capital also provided a convertible loan note for £4,250,000, conditional […]
Anglesey investors reject financing-shares consolidation
Anglesey Mining plc shareholders today rejected the company’s proposals for £2 million financing from Alumni Capital Ltd, in conjunction with a capital reorganisation. ADMINISTRATION The money was earmarked for negotiations with third-party funders for a pumped hydro energy storage scheme at the Parys Mountain polymetal project in North Wales, thus generating cash flow. Anglesey said that it […]
Anglesey defers vote on financing-shares consolidation
Anglesey Mining plc has postponed today’s general meeting, where shareholders were due to vote on a £2 million funding and shares consolidation. CHALLENGE The meeting was due to open and immediately adjourn to allow discussions with “certain shareholders” on resolutions, before it reconvenes on 20 October 2025. The £2m financing, if approved, is from Miami-based […]