Cornish Tin & Lithium Ltd posted positive results from phase III exploration drilling, targeting lithium-enriched aplite-pegmatite sheets, in the new extension area of Tregonning South in West Cornwall. SHEETS The company said it had previously discovered the same style of mineralisation, named the Newall Formation, at Tregonning North, where lithium grades included 0.3m at 1.33% […]
Tag: fundraise
Cora raises up to £13.7m with strategic investor
Cora Gold Ltd has conditionally raised between £12,854,074.26 and £13,707,141.36, before expenses, through a subscription by Eagle Eye Asset Holdings Pte. Ltd. EAGLE EYE The subscription for up to 228,452,356 new ordinary shares of no par value is at six pence per ordinary share, which is a 44% discount to the closing mid-market price of […]
Union Jack investors to vote on bonus warrants
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 […]
United signs MoU for Walton Morant survey vessel
United Oil & Gas plc has signed a tentative agreement for a specialist survey vessel to undertake the planned piston coring and surface geochemical programme at Walton Morant, offshore Jamaica. PIVOTAL The non-binding memorandum of understanding with TDI Brooks International aims to secure a vessel, en route from Trinidad via Jamaica, during the final quarter […]
United issues 444,444,444 new shares
United Oil & Gas plc will issue 444,444,444 new ordinary shares with a nominal value of £0.00001 each, relating to the £800,000 fundraise earlier this month. The company today received shareholders’ approval to authorise the issue of the fundraising shares and warrants. One warrant will be attached to every two new ordinary shares issued, exercisable […]
United issues second tranche of fundraise shares
United Oil & Gas plc has issued the second tranche of shares relating to the December £700,000 fundraise. SUCCESSOR The balance of 315 million new ordinary shares of £0.00001 each have one warrant for every two subscribed placing shares. Following admission, United total issued share capital will be 1,856,353,969 ordinary shares of £0.00001, with voting […]