News Oil & Gas

Rockhopper CEO increases shareholding

Rockhopper Exploration plc chief executive officer Sam Moody bought 36,744 shares through the company’s open offer, held during December 2025 to January 2026. FALKLAND Following the purchase, Mr Moody holds 4,750,328 ordinary Rockhopper shares, representing 0.55% of its current issued share capital. The open offer was at a subscription price of 53 pence for each […]

Finance News Oil & Gas

Rockhopper raises £6.9m via open offer

Rockhopper Exploration plc has raised gross £6.9 million through the issue of 101,956,821 shares, via a seven-fold oversubscribed open offer. TVRs The company said that qualifying shareholders’ subscriptions represented 773.1% of the 13,188,036 available shares in the open offer, which ran from 22 December 2025 to 15 January 2026. Following admission, Rockhopper’s issued ordinary share capital […]

Equipment & Logistics Finance Metals & Minerals News

Scotgold targets up to £2m in further fundraise

Scotgold Resources Ltd aims to raise £1.5 to £2 million via an open offer and a subscription for its operations at Cononish gold and silver mine near Tyndrum in Scotland. OPEN OFFER Existing shareholders can subscribe for up to 10,065,262 new ordinary shares of 15 pence to raise up to a maximum of £1.5m. Directors participating include […]

Finance Metals & Minerals News

Tungsten West to raise up to £9m as cost cutting starts

Tungsten West plc has started “major” cost cutting alongside up to a £9 million fundraise to meet “contractual liabilities” and pay for “significant annual expenditure” at its Hemerdon tin-tungsten mine in Devon. NEW DEBT The company aims to raise a minimum of £5m and up to £6.95m through a placing, not underwritten, of convertible loan […]

Finance News Oil & Gas

Rockhopper raises $3.4m via open offer

Rockhopper Exploration plc said it had raised US$3.4 million (£2.8m) from an open offer in respect of 39,652,160 units. The number represents more than 69% of the 57,310,264 available open offer units. In addition to the placing and subscription on 15 June, Rockhopper has now raised in aggregate US$10.4 million (£8.5 million).