Union Jack Oil plc has set the date for a requisitioned general meeting for its shareholders’ vote on the directors’ future and the company’s £6.14 million sale to Reabold Resources plc. MISGUIDED The company initially deferred the general meeting on 26 June 2026 while the offer talks continued and, following a requisition notice on 7 […]
Tag: directors
Hartshead sold to ACAM
Hartshead Resources NL shares have been sold and transferred to ACAM GP Ltd as from 23 June 2026. PORTFOLIO The Australian company’s portfolio includes ownership and operatorship of licence P2670, containing five blocks, in the UK Southern Gas Basin. In May 2023, Hartshead farmed out 60% of the licence to Viaro Energy subsidiary, RockRose Energy […]
Cadence issues 21.28m share options
Cadence Minerals plc has awarded an aggregate 21,280,000 share options to directors and persons discharging managerial responsibilities in the company. PROJECTS The options are exercisable at a six pence per share, which is a 10% premium to the closing mid-price of the ordinary shares on 5 May 2026 of 5.5p. The options vest immediately and will […]
Cora issues 28.15m share options
Cora Gold Ltd has granted options over a total of 28.15 million ordinary shares, equivalent to 3.68% of its issued share capital, to certain directors, management and consultants. DIRECTORS The options, issued on 31 March 2026, are exercisable at a 3.6% premium of eight pence per ordinary share and expire on 31 March 2031. […]
Block extends £2m senior loan facility
Block Energy plc has extended its existing $2 million senior secured loan facility for a further 18 months to 2 August 2027. DIRECTORS The loan, orginally agreed in February 2023, was increased to $2m in May 2023, and the original 18-month term extended to July 2024 and then to February 2026. In relation to the […]
United intends to award 332m share options
United Oil & Gas plc intends to award up to 332,361,111 performance-related share options, representing 13.224% of its issued share capital, under its amended, unapproved share option scheme. SALARIES The revised scheme includes contractors and consultants as well as directors and persons discharging managerial responsibilities, and will also offset cuts in employees’ salaries over recent […]