Anglesey Mining plc shareholders today approved a proposed capital reorganisation, of one ordinary share replacing every ten in the company. RESOURCE Admission of the 48,482,226 new ordinary shares is expected on or around 13 February 2026. The company previously stated that the shares reduction allowed further fundraises, possibly through issuing new shares, to develop its […]
Tag: general meeting
Europa’s future uncertain without £3.5m placing
Europa Oil & Gas (Holdings) plc said it faced an uncertain future if shareholders rejected a conditional £3.5m fundraise, through the placing of 291,667,000 new ordinary shares. USES A retail offer also aims to raise up to £350,000, via the issue of up to 29,166,667 new ordinary shares of £0.01 each. The company holds interests […]
Alba investors to vote on further stake in Motzfeldt
Alba Mineral Resources plc shareholders are due to vote on the company’s purchase of a further 25.5% stake in the Motzfeldt niobium-tantalum-zirconium-rare earth element project, located in South Greenland. TRANSPORT The acquisition for a total of £518,070 in Alba shares would give the company a 51% controlling interest in and operatorship of the project, which […]
Anglesey proposes capital reorganisation
Anglesey Mining plc has proposed a capital reorganisation to allow further fundraises, possibly through issuing new shares, to develop its 100% owned Parys Mountain polymetal project in North Wales. ENERGOLD The capital reorganisation involves a consolidation and sub-division of its issued shares on a basis of ten existing shares for one new ordinary share of […]
Union Jack rejects ‘requisition notice’
Union Jack Oil plc has dismissed a “purported requisition notice” for a general meeting from a former director of the company. The company said it received the notice, dated Sunday 18 January 2026 at 7.23pm, from Craig Howie. “After reviewing the purported notice and taking legal advice, the company does not consider the purported notice […]
Anglesey investors reject financing-shares consolidation
Anglesey Mining plc shareholders today rejected the company’s proposals for £2 million financing from Alumni Capital Ltd, in conjunction with a capital reorganisation. ADMINISTRATION The money was earmarked for negotiations with third-party funders for a pumped hydro energy storage scheme at the Parys Mountain polymetal project in North Wales, thus generating cash flow. Anglesey said that it […]