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: gold
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 […]
Botswana boosts diamond portfolio with copper
Botswana Diamonds plc has acquired eight copper prospecting licences, which also cover gold and other minerals, to counter the current low demand for diamonds. AI The company said it had also responded to the “strong and growing demand” for copper and other “energy-transition” metals. Botswana used artificial intelligence analysis to identify the ground, following assessment […]
Kavango issues 74m shares
Kavango Resourcs plc will issue 74,016,243 new ordinary shares to Comarton Consultants Ltd and nine pension funds, under the Comarton managed pension funds investments consortium. TVRs The consortium’s agent and administrator is Zimbabwe-registered Comarton. Kavango said that the shares issue increased the total number of consortium pension funds invested in Kavango to 12. On admission, the funds will have […]
Power Metal increases treasury shares
Power Metal Resources plc has bought 76,310 of it own ordinary shares, of two pence each, to hold in treasury. PURCHASES The 14 January transaction was at a price of 15.0246p for each ordinary share, Following the purchase, the company holds 626,091 shares in treasury. Power Metal’s ordinary shares in issue total 114,984,346, each with voting rights. Creation of […]
First Class adds rare earths to Ontario footprint
First Class Metals plc plans to add rare earths elements to its portfolio with three-year options over two properties in northwest Ontario, Canada. BATHOLITH Block H and F, covering 18km² and 33km² respectively, lie within “one of the most anomalous REE regions”, as identified in the province-wide lake sediment geochemical database, containing 48,367 samples. Both […]