Sunda Energy plc will issue 11,763,447 new ordinary shares of 0.1 pence each, following notice from Alumni Capital Ltd to convert £100,000 of the outstanding drawn-down principal amount of its loan notes, plus a £10,000 finance charge. TVRs The company has additionally granted to Alumni a total of 6,786,604 CLN warrants entitling the holder to […]
Tag: new shares issue
Panther secures more time for Obonga SPA
Panther Metals plc has secured a further 12 months to the sale and purchase agreement for the Obonga project, which covers over 90% of the Obonga Greenstone Belt, in Ontario, Canada. EXPLORATION The volcanogenic sulphide project contains base and precious metals and a range of ‘critical’ metals and minerals including gallium, rare earth elements, lithium […]
Sunda issues 43.8m new shares
Sunda Energy plc has issued 43,824,701 new ordinary shares after converting £500,000 of the outstanding convertible loan notes, plus a £50,000 finance charge, following notice from Alumni Capital Ltd. TVRs The conversion into ordinary shares of 0.1 pence each is at a price of 1.255 pence. Sunda has also granted to Alumni 25,283,481 CLN warrants, […]
First Class issues 8m new shares
First Class Metals plc has issued eight million new ordinary shares of £0.001 each, following a warrants exercise at 2.55p per share price, for an aggregate £204,000. TVRs Following admission, the company’s total issued share capital will comprise 424,276,349 ordinary shares, with equal voting rights. First Class holds no shares in treasury. The company’s exploration […]
Borders issues 400,000 new shares
Borders & Southern Petroleum plc has issued 401,300 new ordinary shares of one pence each, following a warrant exercise at 10 pence per warrant share, for an aggregate £40,130. TVRs Following admission, the company’s total issued share capital will comprise 881,444,324 ordinary shares, with voting rights. Borders does not hold any ordinary shares in treasury. The company […]
Panther issues 40,000 new shares
Panther Metals plc has issued 40,000 new ordinary shares of no par value, following a warrants exercise for £30,000. TVRs Following admission, the company’s total issued share capital will comprise 10,671,838 ordinary shares, with one voting right each. Panther does not hold any ordinary shares in treasury. The company holds ploymetal exploration licences and the […]