Metals & Minerals News

Metals grants 10.6m share options

Metals Exploration plc has granted options over 10,600,000 new ordinary shares of £0.0001 each in the company to certain directors, under its 2024 long-term incentive plan. AWARDS The recipients are two shareholder-appointed directors who act in the same manner as the independent directors. Chairman Steven Smith was awarded 6.6 million options and non-executive director Rob […]

Company Moves Metals & Minerals News

Kavango chairman retires

Kavango Resources plc, focused on Botswana and Zimbabwe, announced that its chairman David Smith will retire from the board on 30 June 2025, among other management changes. COMPANY MOVES A solicitor and previously a partner in the company’s solicitors, Druces LLP, Mr Smith assumed his role in January 2021. “The company has advanced and developed […]

Company Moves News Oil & Gas

Ascent to appoint David Patterson as CEO

Ascent Resources plc plans to appoint US-based geologist David Patterson as chief executive officer and director following the company’s next general meeting. STRATEGY He replaces Andrew Dennan who decided not to stand for re-election at the forthcoming general meeting as the company refocuses its interests on the USA. Mr Dennan continues to work with the […]

Finance Metals & Minerals News

Conroy raises €240,000 via CLNs

Conroy Gold and Natural Resources plc has raised €240,000 (£203,400) through the issue of unsecured and unlisted convertible loan notes to existing and new investors in the company. CLONTIBRET The conversion price for the CLNs is £0.10 per share, a 277% premium to the closing mid-market price of 2.65 pence for Conroy’s ordinary shares of […]

News Oil & Gas

Europa chairman purchases 5m shares

Europa Oil & Gas (Holdings) plc’s chairman Bo Kroll has bought five million ordinary shares of £0.01 each in the company. The acquisition was at an average price of 0.648 pence per ordinary share. Following the purchase, Mr Kroll is beneficially interested in a total 62,951,502 ordinary shares in Europa, representing approximately 6.563% of the […]