Finance News Oil & Gas

Sunda raises £405,000

Sunda Energy plc has raised gross £404,780 from a retail offer for the issue of 13,606,029 new shares and 6,802,977 warrants. REORGANISATION The sum raised adds to the £6.7 million raised earlier this week, which will fund the oil and gas exploration company’s proposed expansion into New Zealand. Shareholders are expected to vote on the […]

Finance News Oil & Gas

Reabold raises £687,000

Reabold Resources plc has raised £686,800 via a conditional subscription for 686,800,000 new ordinary shares of 0.1 pence each in the company, at 0.1 pence per share. DIRECTORS The company has also proposed a share consolidation, subject to shareholder approval. The subscription adds to the £1.51 million and £1.9m raised during March 2026, and takes […]

Finance Metals & Minerals News

European shareholders back £7.5m fundraise

European Green Transition plc shareholders have today approved the £7.5 million fundraise earlier this month for 86% of the company’s issued ordinary share capital. TVRs The company will issue 4,583,333 warrants, at the issue price of six pence per ordinary share, in relation to a bridge facility from Raglan Road Capital Ltd. The fundraise, via a […]

Company Moves Metals & Minerals News

Red Rock NED steps down

Red Rock Resources plc non-executive director Sam Quinn has stepped down as non-executive director. BOARD The company said that Mr Quinn had asked that his name not be put forward for re-election at the company’s general meeting on 19 February 2026. “We are sorry to see Sam Quinn depart as a director, and are grateful for his […]

Finance News Oil & Gas

Europa raises £641,000 from retail offer

Europa Oil & Gas (Holdings) plc has raised £641,176.89 from its retail offer of 53,431,408 new ordinary shares, each at 1.2 pence, and up to 13,357,852 warrants. TVRs The company said it had increased the size of the offer, originally set at £350,000, for existing shareholders. Europa subsequently had to scale back the offer to […]