Finance Metals & Minerals News

First Class issues 795,000 new shares

First Class Metals plc has issued 795,000 new shares of £0.001 pence each, following an options exercise by its chief executive officer and executive director, for an aggregate £15,900. TVRs Marc J. Sale was awarded the options in July 2022, and exercised them at two pence per ordinary share on 21 July 2026. Following admission, […]

Company Moves News Oil & Gas

Angus appoints COO-executive director

Angus Energy plc has appointed Ross Pearson as chief operating officer and executive director, with immediate effect. Since October 2023, Mr Pearson has been director of wells and subsurface, with responsibility for the technical team, capital budget, drilling and workover programmes, and M&A evaluation. He was previously technical director and executive committee member at IGas […]

Company Moves Metals & Minerals News

Kavango chairman steps down among board changes

Kavango Resources plc non-executive chairman and interim chief executive officer Peter Wynter Bee will step down from the board from 1 July 2026. STRATEGY His replacement in both roles will be current executive interim finance director Donald McAlister, while the company continues to seek a permanent CEO. Thamsanqa ‘Tham’ Mpofu is appointed as non-executive director, […]

Finance Metals & Minerals News

Focus raises £75,000

Focus Xplore plc has raised £75,000 through convertible loan notes to settle “certain historic creditors” and provide working capital.  DIRECTORS Each ordinary share, issued on conversion to the holders of the loan notes, has one warrant attached for one new ordinary share. Subscribers for the loan notes include Focus’ new incoming non-executive director Neil Slade […]