Kavango Resources plc has raised US$373,323.19 via a subscription held in Zimbabwe for 27,651,514 new ordinary shares, at the equivalent of £0.01 per share. USES The company has applied for the transition of the Victoria Falls Stock Exchange shares to the equity shares category of the Official List of the Financial Conduct Authority and then to […]
Tag: metals and minerals
Tertiary directors buy total 28.6m shares
Tertiary Minerals plc directors have bought, in aggregate, 28,590,962 ordinary shares of 0.01 pence each in the company. HOLDINGS Managing director Richard Belcher purchased 9,433,962 shares, taking his shareholding to 43,640,657, equal to 0.85% of the company’s issued share capital. Executive chairman Patrick Cheetham bought 19,157,000 shares and, together with 2,843,625 held by K E […]
Oriole raises £2m
Oriole Resources plc has conditionally raised £1.8 million via a placing of 750m new ordinary shares of 0.1 pence each, and £230,000 through a retail offer of 96,640,463 new ordinary shares, at a price of 0.24 pence per share. TVRs The placing price is equal to the bid price of the company’s ordinary shares at close of […]
Fermi signs uranium exploration deal with First Nations
Power Metal Resources plc’s uranium joint venture has signed an exploration agreement with a group of First Nations for exploration in Northern Saskatchewan, Canada. COLLABORATION Fermi Exploration Ltd and Ya’thi Néné Lands and Resources (YNLR) have also agreed a “mutual commitment to fostering a sustainable and collaborative relationship in the Athabasca region”. Owned by three First Nations […]
Anglesey defers vote on financing-shares consolidation
Anglesey Mining plc has postponed today’s general meeting, where shareholders were due to vote on a £2 million funding and shares consolidation. CHALLENGE The meeting was due to open and immediately adjourn to allow discussions with “certain shareholders” on resolutions, before it reconvenes on 20 October 2025. The £2m financing, if approved, is from Miami-based […]
Kavango CEO leaves
Kavango Resources plc chief executive officer and director Ben Turney has left his post, with immediate effect. Executive chairman Peter Wynter Bee becomes interim CEO until the appointment of a new CEO. Non-executive director Donald McAlister will act as interim chief financial officer and Gautam Dalal will be chairman of the audit committee. “Over the […]