Union Jack Oil plc has proposed to issue bonus warrants to all of its shareholders, in connection with the £2 million fundraise during August 2025. MEETING The company said that, following shareholder feedback, it would issue one bonus warrant for every four ordinary shares of five pence each, held by shareholders at 6pm on 3 […]
Tag: finance and funding
Conroy raises £1.7m via private placement
Conroy Gold and Natural Resources plc has raised £1,728,700 through a non-brokered private placement for 7,287,000 new ordinary shares of €0.001, at 10 pence per share. TVRs Each fundraise share has one warrant attached to subscribe for one new ordinary share, at a price of 17 pence over the next two years. The company said […]
Conroy increases fundraise to £1.7m
Conroy Gold and Natural Resources plc has increased its recent fundraise to a total of £1,728,700, following further commitments from investors. ADMISSION The non-brokered private placement, at 10 pence per share, was oversubscribed when compared with the company’s initial intention on 12 September to raise £1.5 million. The fundraise attracted interest from current investors and […]
Kavango raises £2.2m
Kavango Resources plc has raised £2.2 million by the issue of 227,751,720 new ordinary shares, each at a price of one pence, by a direct subscription and placing. TVRs The southern Africa-focused company’s major shareholder Purebond Ltd directly subscribed for 111,201,720 new ordinary shares. Kavango’s chairman and director Peter Wynter Bee subscribed for 10 million new […]
Altona raises £344,500
Altona Rare Earths plc has raised £344,500 via a subscription for 9,630,000 new ordinary shares of one pence each, at 3.6p per subscription share, and the transfer and exercise of warrants. TVRs The warrants were over 40.5 million ordinary shares, at an exercise price of one pence each. Existing shareholders participated in the fundraise, which […]
West Newton JV looks to Bitcoin financing
The West Newton onshore gas project could be financed by installing gas-powered generators and cryptocurrency mining equipment, funded by natural gas produced at the East Yorkshire site. AI DATA The project estimate is gross recoverable 2C gas resources of almost 200 billion cubic feet, based on RPS’ independent assessment in 2022. Operator Rathlin Energy (UK) […]