Critical Mineral Resources plc has reached an arrangement with holders of the July 2024 loan notes that one of its directors buys the balance due of £237,482.52. INVESTORS Dominic Traynor will purchase the loan notes before and convert them into 20,459,728 new ordinary shares of £0.01 each and the remaining 1,129,592 treasury shares at a […]
Tag: investors
Scotgold could appoint administrators ‘over coming days’
Scotgold Resources Ltd said it could appoint administrators over the coming days after a prospective investor withdrew from financing discussions for the Cononish gold-silver mine. The Australian company, which last week put some of its staff on unpaid leave, also faces action from an unnamed creditor. In a statement today, Scotgold said: “The company has […]
Power Metal courts US investors with OTC listing
Power Metal Resources plc aims to attract American investors by applying for an OTC listing in the USA. EXPLORATION The company added it was accelerating exploration across its Athabasca uranium interests in Saskatchewan, Canada, and the Tati gold fields project in Botswana. In its company results, Power Metal reported an increase in audited shareholder equity from £10.2 […]
Galantas lists on OTCQX to attract US investors
Galantas Gold Corporation announced that its common shares have qualified to trade on the OTCQX® Best Market (OTCQX) for its operations at Cavanacaw mine in Omagh. US INVESTORS The Canadian company’s chief executive and director Mario Stifano said that the OTCQX listing in the United States marked an important milestone for the company. “Our decision to cross-trade […]