Darlington-based ‘mineral exploration project generator’ 31 Explore Ltd has been acquired by Tanzania-focused Katoro Gold plc for 750 million warrants, under a heads of terms agreement. POWER METAL Katoro’s non-executive chairman Sean Wade, who is also chief executive of Power Metal Resources plc which holds 35% of Katoro, beneficially owns 14.29% of 31 Explore. Incorporated […]
Tag: chief executive officer – CEO
Block issues 36m shares and 10.5m options
Block Energy plc, focused on Georgia, issued 35,912,008 shares of 0.25 pence each and 10,548,289 nil-cost options over ordinary shares under its performance related scheme. DIRECTORS /PDMRs The company’s renumeration committee made the awards to a senior executive, two management and four staff for the financial year ended 3 December 2024. Additionally, on 6 February […]
Europa CEO purchases 623,153 shares
Europa Oil & Gas (Holdings) plc’s chief executive officer William Holland today purchased 623,153 ordinary shares of £0.01 each in the company at a price of 0.83 pence per ordinary share. Following the acquisition, Mr Holland is beneficially interested in a total 6,343,953 ordinary shares, representing approximately 0.661% of the company’s issued share capital. Europa’s […]
Ascent CEO in director dealings
Ascent Resources plc chief executive officer Andrew Dennan has engaged in direct and indirect share dealing in the company. On 20 December C4 Energy Ltd sold 2,173,913 ordinary shares of £0.005 each in Ascent at 2.2023p per share for £47,876.08 and now holds no shares in the company. Mr Dennan holds a 25% beneficial interest […]
Tullow CEO to step down
Tullow Oil plc chief executive officer Rahul Dhir will step down and resign from the board during 2025 to pursue “other business, academic and family interests”. He will remain in his role until a date to be determined. “It’s been a privilege to serve Tullow during these past four and a half years,” said Mr Dhir. […]
Hummingbird investee appoints new CEO
Hummingbird Resources plc’s investee and owner of the Liberian Dugbe gold project has appointed Brett A. Richards as chief executive officer with immediate effect. The company holds a 53% interest in Pasofino Gold Ltd which in September was under a US$75 million offer. Mr Richards has more than 37 years’ mining and metals industry experience […]