Altona Rare Earths plc will issue 11,666,666 new ordinary shares of £0.01 each, following warrant exercises over five million shares, each at 1.5 pence, and 6,666,666 ordinary shares, each at two pence, for an aggregate £208,333. TVRs Following admission of the 11,666,666 new shares, the company’s enlarged share capital and total voting rights will number 370,348,968. […]
Tag: new shares issue
First Class issues 3m shares
First Class Metals plc issued 3,123,828 new ordinary shares, after receiving a conversion notice for a portion of loan notes valued at £40,000, from November 2025. TVRs The conversion, dated 13 February, follows that on 6 February of £50,000 for the issue of 4,282,288 new ordinary shares. Following admission of the 3,123,828 new ordinary shares, […]
Cora raises £2m via retail offer
Cora Gold Ltd has conditionally raised £2 million by means of a subscription for 33,333,333 new ordinary shares, through a “significantly oversubscribed” retail offer, at six pence per share. SANANKORO The figure adds to the £13.7m strategic investment from 9 February made by Eagle Eye Asset Holdings Pte. Ltd. Cora said that allocations in the […]
Metals grants 12m share options to senior executives
Metals Exploration plc has granted 12 million share options to two senior executives, under its long-term incentive plan. TVRs In August 2024, shareholders granted the company’s directors authority to issue up to 15% of the its issued capital as LTIP options. The options have an exercise price of £0.0001 per ordinary share over a period […]
Beacon raises £56,000 via retail offer
Beacon Energy plc conditionally raised approximately £56,180, less than a quarter of the £250,000 target, via a retail offer. COLLE SANTO The company will issue of 1,440,519 new ordinary shares, at the issue price of 3.9 pence per share, subject to shareholder approval at a general meeting scheduled for 4 March 2026. Net proceeds will […]
Europa raises £641,000 from retail offer
Europa Oil & Gas (Holdings) plc has raised £641,176.89 from its retail offer of 53,431,408 new ordinary shares, each at 1.2 pence, and up to 13,357,852 warrants. TVRs The company said it had increased the size of the offer, originally set at £350,000, for existing shareholders. Europa subsequently had to scale back the offer to […]