Company Moves Metals & Minerals News

Focus makes series of board changes

Focus Xplore plc plans to make a series of board changes, including the appointment of a new chairman and chief executive officer. DIRECTORS Antony Legge will become the independent non-executive chairman, replacing Sean Wade who will step down from the board. David Russell will be appointed executive director and Neil Slade as non-executive director, while […]

News Oil & Gas

Beacon shares issue approved for Colle Santo

Beacon Energy plc shareholders have approved the issue of 106,278,360 shares, in connection with the company’s investment in the Colle Santo gas field in the Abruzzo region of Italy. DIRECTORS The figure includes new ordinary shares from earlier fundraises, first acquisition consideration shares, Reabold Resources plc subscription shares, director subscription and fee shares. On admission, […]

Finance News Oil & Gas

Block issues 30m shares as bonuses

Block Energy plc has settled bonuses by issuing 30,428,200 ordinary shares of 0.25p each, and 9,231,083 nil-cost options over ordinary shares, to senior executives and employees. TVRs The company’s remuneration committee made the awards, for performance during 2025, to a director, one person discharging managerial responsibilities and staff members. Chief executive officer Paul Haywood received […]

Metals & Minerals News

Metals issues 4.5m new shares

Metals Exploration plc has issued an aggregate 4,516,766 new ordinary shares, following warrants and options exercises, and as incentives to its senior management. TVRs Exercises of 2,584,556 warrants over new ordinary shares of £0.0001 each, at £0.0605 each, and 750,000 ordinary shares options, at £0.0829 each, was for £156,365.64 and £62,175 respectively.  The company also […]

News Oil & Gas

Europa CEO increases shareholding

Europa Oil & Gas (Holdings) plc chief executive officer William Holland has bought 749,641 ordinary company shares of £0.01 each, at an average price of 1.4485 pence per ordinary share. Following today’s purchase, Mr Holland is beneficially interested in a total of 13,468,435 ordinary shares, representing 1.387% of the company’s issued share capital. Europa holds […]

Finance News Oil & Gas

Sunda agrees £1.5m loan with CEO

Sunda Energy plc has agreed an unsecured loan with its chief executive officer Andy Butler for up to £1.5 million to finance the proposed purchase of an oil and gas exploration, development and production portfolio. CHUDITCH-2 The company has drawn down the first £400,000 of the loan to fund transaction costs of the proposed acquisition […]