Finance Metals & Minerals News

Panther issues 60,000 new shares

Panther Metals plc has issued 60,000 new ordinary shares of no par value, following a warrants exercise, for a total of £45,000. TVRs Following admission, the company’s total issued share capital will comprise 8,759,986 ordinary shares, with one voting right each. Panther does not hold any ordinary shares in treasury. The company is progressing its […]

Finance Metals & Minerals News Oil & Gas

Red Rock issues 177m new shares

Red Rock Resources plc has issued 176,984,142 new ordinary shares of 0.01 pence each, at 0.021 pence per share, to convert a £27,666.67 loan and £9,500 of commission invoices. TVRs Following admission, the company’s total issued share capital will comprise 9,579,904,419 ordinary shares. All of the ordinary shares have equal voting rights with none held in […]

Finance News Oil & Gas

Borders issues 1.4m new shares

Borders & Southern Petroleum plc has issued 1,421,050 new ordinary shares of one pence each, after a warrants exercise at 10p per warrant share, for an aggregate £142,105. TVRs Following admission, the company’s total issued share capital will comprise 880,841,724 ordinary shares, each with voting rights. Borders does not hold any ordinary shares in treasury. The oil and […]

Finance News Oil & Gas

Ascent issues 21.9m new shares to creditors

Ascent Resources plc will issue 21,895,113 new ordinary shares to repay part of a loan and to settle payment to trade creditors. TVRs The company has agreed to issue shares in lieu of part repayment in an amendment to its existing secured loan facility with Riverfort Global Opportunities PCC Ltd. The deed of amendment and […]

Finance News Oil & Gas

Star issues 60.5m new shares

Star Energy Group plc has issued 60,531,015 new shares in relation to the placing, subscription and retail offer held earlier this month, which raised an aggregate £9.1 million. TVRs The shares issue follows shareholders’ approval at the company’s general meeting today. Following admission, Star’s total issued share capital will comprise 191,865,143 ordinary shares, with voting […]

Finance News Oil & Gas

Sunda issues 15.4m new shares

Sunda Energy plc will issue 15,426,039 new ordinary shares following notice from Alumni Capital Ltd to convert £250,000 of the balance of its convertible loan note, plus a £25,000 finance charge. TVRs The conversion into ordinary shares of 0.1 pence each is at a price of 1.7827 pence, which is a 15% discount to the […]