Chesterfield Resources plc has issued certain directors, employees and consultants with options over a total of 2,200,000 ordinary shares of 0.1p each. INCENTIVE The options will vest immediately and expire five years from the date of issue with an exercise price of 11p. Executive directors Martin French and Ajay Kejriwal received 750,000 and 350,000 options respectively; PDMR […]
Tag: metals and minerals
Chesterfield extends drilling and exploration
Chesterfield Resources plc said it had extended its drilling and exploration campaign for further testing of gold encounters at its projects in Cyprus. LIMNI SOUTH GOLD The company has also identified a “promising waste dump opportunity” in the Troodos West licence area. Drilling and sampling indicates that it has the potential for an early revenue […]
Chesterfield completes initial study on Adeline
Chesterfield Resources plc has completed an initial field programme on its new 300 km2 Adeline copper exploration project in Labrador, Canada. ADELINE During due diligence and following the acquisition, Chesterfield re-evaluated all historic data using modern techniques and software. “This provided the basis for a two-month helicopter-supported field study across a number of existing targets, […]
Power Metal raises £69,306 through warrant exercise
Power Metal Resources plc raised £69,306 after receiving a notice to exercise warrants over 9,240,843 new ordinary shares of 0.1 pence each. The warrant shares are being issued pursuant to the exercise of 9,240,843 warrants at an exercise price of 0.75 pence per ordinary share of 0.1 pence each.
Power Metal nears acquisition of Wallal
Power Metal Resources plc is closer to acquiring First Development Resources Australia (FDR Australia) with its two copper-gold Wallal exploration licences in the Paterson Province of Western Australia. LICENCES The news follows the granting of licences E45/5816 – Wallal Main and E45/5880 – Wallal West 2 to FDR Australia. The Wallal Main licence hosts two magnetic […]
Galantas Gold appoints Brendan Morris as a director
Galantas Gold Corporation has appointed Brendan Morris as a director of the company. Mr Morris was made chief operating officer in May this year.