Block Energy plc has raised US$6.3 million (£4.66m) from a private placement and retail offer to fund its investment in two oil and gas production sharing contracts, offshore Gabon. TVRs The company raised $6.23 million (£4.61m) through the placing of 418,701,200 shares, at the issue price of 1.1 pence per ordinary share. The retail offer […]
Tag: finance and funding
Corpus appoints NED
Corpus Resources plc has appointed James Stenhouse as a non-executive director, with immediate effect. TVRs The company, formerly known as Curzon Energy plc, also completed a £311,000 private placing through the issue of 3.11 billion new shares, at £0.0001 per ordinary share. The proceeds will fund Corpus’ review of potential oil and gas acquisitions to […]
Cora secures $120m gold stream for Sanankoro
Cora Gold Ltd has signed a binding term sheet for a US$120 million (£80.3m) gold stream with its strategic investor Eagle Eye Asset Holdings Pte. Ltd to develop the Sanankoro project in southern Mali. PERMITTING Eagle Eye has already invested £13.7m for 228,452,356 ordinary shares, representing 29.90% of Cora’s issued share capital. Under the terms […]
Sunda raises £6.7m to diversify into New Zealand
Sunda Energy plc has conditionally raised up to £6.7 million to buy production and exploration permits, onshore Taranaki Basin on the west coast of New Zealand’s North Island. TVRs The fundraise involved Alumni Capital’s firm subscription which raised £900,000 at 0.02975 pence per share Alumni Capital also provided a convertible loan note for £4,250,000, conditional […]
Panther appoints NED
Panther Metals plc has appointed Donna-Belen Humphreys as non-executive director to the board, effective 1 April 2026. COMPANY MOVES She replaces Tracy Hughes who has stepped down from the role. “The board thanks Tracy for her hard work and dedication to Panther Metals during her two and a half year tenure,” said executive chairman Nicholas […]
Reabold raises £1.51m
Reabold Resources plc has conditionally raised gross £1.51 million through the placing of 1.51 billion new ordinary shares, each at the issue price of 0.1 pence. TVRs The sum raised, added to the March £1.9m strategic investment, takes the total to £3.41m. The fundraise is subject to shareholders’ approval at a general meeting on 24 […]