Sunda Energy plc shareholders have approved the issue of its directors’ subscription shares, and cover any future exercise of 480 million warrants, from the 17 October fundraise. TVRs The vote at the 10 November general meeting results in granting authorities for the issue of a total of 800 million new ordinary shares. Chairman Gerry Aherne […]
Tag: chief executive officer (CEO)
Kavango CEO leaves
Kavango Resources plc chief executive officer and director Ben Turney has left his post, with immediate effect. Executive chairman Peter Wynter Bee becomes interim CEO until the appointment of a new CEO. Non-executive director Donald McAlister will act as interim chief financial officer and Gautam Dalal will be chairman of the audit committee. “Over the […]
Cornish Metals directors purchase 874,850 shares
Cornish Metals Inc reported that two of its directors have purchased, in aggregate, 874,850 common shares, each at a price of eight pence. HOLDINGS On 10 October 2025, chief executive officer Lodewyk ‘Don’ Turvey bought 249,850 common shares, taking his beneficial interest to 499,850, representing 0.04% of the issued share capital in the company On […]
Corcel issues 50m new shares
Corcel plc has issued 50 million new ordinary shares following the exercise of 50m warrants at £0.005 per share for £250,000, at a premium to the prevailing share price. TVRs Charlestown Energy Partners, certain Corcel directors and other private investors gave notice of the warrants exercise. The 50m warrants exercised, originally issued on 17 October […]
Block increases loan to $2m for Georgia drilling
Block Energy plc has increased its US$1.06 million loan, secured in February 2023, by $940,000 for its oil and gas operations in Georgia. DIRECTORS’ DEALINGS The funds will maintain scheduled liftings and accelerate procurement of materials to drill its next project I wells, the first of which is KRT-45Z, in the West Rustavi/Krtsanisi field. The […]
i3 Energy reports chairman and CEO share dealings
Oil and gas company i3 Energy plc announced share dealings by two directors of the company. PURCHASE Chairman John Festival purchased 1,000,000 ordinary shares of 0.01 pence each in the company at CAD0.355 per share. He now has 2,602,360 ordinary shares, representing 0.22% of the company’s issued share capital. Chief executive officer Majid Shafiq purchased […]