Orcadian Energy plc has issued 273,749 ordinary shares to settle £35,000 of the face value of the December 2025 loan amount. TVRs Following the conversion, a total of £317,500 in aggregate face value of CLNs remains outstanding. On admission, the company’s total voting rights will be 80,260,726 ordinary shares. Orcadian holds oil and gas licence interests in the […]
Tag: convertible loan notes (CLN)
Orcadian issues 781,634 shares
Orcadian Energy plc has issued 781,634 ordinary shares, which settles £100,000 of the face value convertible loan amount from December 2025. TVRs Following the conversion, a total of £352,500 face value CLNs remains outstanding. On admission, the company’s voting rights will be 79,986,977 ordinary shares. Orcadian holds UK North Sea oil interests which include the Pilot field, Elke […]
Sunda issues 11.7 million new shares
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 […]
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, […]
GreenRoc draws down €2m to progress Amitsoq
GreenRoc Strategic Materials plc has drawn down €2 million (£1.7m) in the third tranche from a convertible loan to advance its Amitsoq graphite deposit in Greenland. DRILLING The 2025 funds from the Export and Investment Fund of Denmark (EIFO) will also progress the active anode material pilot plant located in Hørsholm, Denmark. The company will […]
Focus issues 40m new shares and warrants
Focus Xplore plc has allotted 40 million new ordinary shares of £0.001 each, after receiving notice to convert March 2026 loan notes valued at £10,000, at 0.025 pence per conversion share. TVRs The company will also issue to the noteholder 40m warrants, each exercisable at 0.025 pence per share for a period of four years […]