The £5.03 million raised completes payment of its oil and gas acquisition onshore New Zealand.
Tag: finance and funding
Cadence raises £1.8m for Azteca plant
Proceeds will support the Azteca processing plant at the Amapá iron ore project in northeast Brazil.
Tungsten West issues 4m new shares
“A founder options exercise has provided £41,429.88 for general working capital as Tungsten West progresses towards restarting Hemerdon mine.”
Nativo increases fundraise to £683,000
Nativo Resources plc has raised a further £43,375, to add to the £640,000 raised earlier this week, for its gold projects in Peru. The funds from a retail offer, which closed on 30 July, of 21,687,500 shares was at the issue at price of 0.2 pence per share. Gross proceeds of £683,375 will help progress […]
Red Rock issues 95m shares
Red Rock Resources plc has issued 95,238,095 ordinary shares of £0.0001 each in the company to settle a loan of £20,000. HOUSING JV Following admission, the company’s total issued share capital will comprise 9,675,142,514 ordinary shares, each with equal voting rights and none held in treasury. Red Rock’s interests are in gold and base metals, […]
Nativo raises £640,000
Nativo Resources plc has raised £640,000, by means of a placing, to progress its gold projects in Peru. USES Net proceeds will go towards commissioning the gold ore processing plant, including construction and engaging an engineering, procurement and construction (EPC) contractor, and further underground development of the Tesoro gold concession. Funds will additionally advance Nativo’s […]