Focus Xplore plc has allotted 40 million new ordinary shares of £0.001 each, after receiving notice to convert March 2026 loan notes valued at £10,000, at 0.025 pence per conversion share. TVRs The company will also issue to the noteholder 40m warrants, each exercisable at 0.025 pence per share for a period of four years […]
Tag: Pearl and Burrows lithium – Ontario
Focus NEDs resign
Focus Xplore plc non-executive directors Louis Scheepers and Lukas Marthinus Maree have resigned, with immediate effect. “The company thanks both gentlemen for their support and contribution to the company during their tenure over the last several years and wishes them the very best in their future endeavours,” said Focus. Mr Maree’s role as chairman of […]
Focus starts lithium exploration at Burrows
Focus Xplore plc has begun geological prospecting, mapping and sampling activities at its Burrows lithium projects in Ontario, Canada. PEGMATITES The programme follows the start last week of exploration at the Ellie lithium and Bay Road rare earth elements, specifically dysprosium and neodymium, projects. Burrows, comprising three properties across 2,400 hectares, is part of Focus’s […]
Focus to begin lithium exploration in Ontario
Focus Xplore plc expects to begin exploration at the Iva and Ellie lithium and Bay Road rare earth element projects in Ontario, Canada. GOALS Fladgate Exploration Consulting Corporation is anticipated to start activities later this week as the weather becomes warmer. Focus said it aimed to meet its exploration goals by appointing a second geological […]