Corcel plc has appointed Leandro Schujmann as its new chief financial officer. Mr Schujmann replaces Scott Kaintz who stepped down on 31 March 2026 to pursue interests outside the company. “We would like to thank Scott Kaintz for his contribution to Corcel and wish him every success in the future,” said chief executive officer Scott […]
Tag: P38/4489 – Mt Weld – near Laverton – Western Australia
Corcel increases issued share capital to 7.6bn
Corcel plc has increased its issued share capital, under an acceleration clause, with exercise of the 1,698,125,000 February 2025 warrants, for £3.85 million. TVRs The company said that the last 334,375,000 of exercised warrants came under the block admission dated 24 June 2025. Following the exercise, Corcel’s issued share capital comprises 7,630,333,138 ordinary shares, with one […]
Corcel notes acceleration of warrants exercises
Corcel plc said that the acceleration clause of the outstanding 1,666,875,000 warrants issued on February 2025, and valued at £3.7 million, had been triggered. TVRs A total of 31,250,000 warrants were exercised in June 2025, with the number of warrant exercises to date totalling 1,332,500,000, for £2,998,125. Of the 1,332,500,000 warrants exercised, 332,500,000 fell under […]
Corcel issues 50m new shares
Corcel plc has issued 50 million new ordinary shares following the exercise of 50m warrants at £0.005 per share for £250,000, at a premium to the prevailing share price. TVRs Charlestown Energy Partners, certain Corcel directors and other private investors gave notice of the warrants exercise. The 50m warrants exercised, originally issued on 17 October […]
Corcel’s earn-in partner exits Mt Weld
Corcel plc said its partner in the Mt. Weld rare earth element project has withdrawn from the earn-in agreement. CONTROL Riversgold Ltd, which could have spent A$500,000 to earn a 50% stake, made its decision as part of “a much larger tenement rationalisation process.” In December 2022, Corcel acquired the 171ha licence, situated near Laverton […]
Corcel passes halfway of 2,000m Mt Weld drill
Corcel plc has passed the halfway mark of its planned 2,000 metre reverse circulation (RC) drill programme at the Mt Weld rare earth elements joint venture near Laverton, Western Australia. RESULTS The tenement, predominantly covered by recent transported sediments, holds four discrete undrilled magnetic features labelled T1 to T4. Operator and earn-in partner Riversgold Ltd has to […]