Kavango Resources plc has raised approximately US$4.7 million (£3.5m) in Zimbabwe and £2.8m in the UK, both at or the equivalent of £0.01 per share. NARA The fundraise was by way of a subscription for an aggregate 629,991,138 new ordinary shares at a 33% premium to the mid-market price at close on 5 March 2026. […]
Tag: new shares issue
Altona issues 4.35m new shares
Altona Rare Earths plc has issued an aggregate 4,358,334 new ordinary shares of £0.01 each, following warrant exercises and to settle service provider fees. TVRs The warrant exercise for 3,733,334 new ordinary shares was at a price of two pence per ordinary share, for £74,666. The money will fund the company’s resource estimate and scoping […]
First Class issues 3m new shares
First Class Metals plc has issued 3,123,828 new ordinary shares, after receiving a notice to convert a portion of loan notes valued at £40,000, dated November 2025. TVRs Following admission, the company’s issued ordinary share capital will comprise 257,697,208 ordinary shares, each with equal voting rights. None of the ordinary shares are held in treasury. […]
Critical Mineral issues 2.2m shares
Critical Mineral Resources plc has issued an aggregate 2,243,778 new ordinary shares to settle fees and interest on debt. TVRs The company issued 1,955,556 new ordinary shares to certain service providers to settle outstanding fees of £44,000. A total of 288,222 new ordinary shares were also issued to convert interest on debt, following notice from […]
Tungsten West issues 199.5m new shares
Tungsten West plc has partially converted B shares into 199,520,870 new ordinary shares, on a one-to-one basis, after receiving notices on 17 and 20 February 2026. TVRs Drakewood Capital Management Ltd gave notice to convert 60 million B shares into new ordinary shares. Henry Maxey also converted 60m B shares to Henry Maxey, while Lansdowne […]
Metals issues 14.5m new shares
Metals Exploration plc has issued 14,473,500 new ordinary shares of £0.0001 each, following exercise of options, each at an average price of £0.0445, for an aggregate £643,347. TVRs Following admission, the company will have 3,273,720,868 ordinary shares in issue, of which 299,385,458 ordinary shares are held in treasury. The total voting rights number 2,974,335,410. Metals […]