Metals & Minerals News

Karelian significant shareholder reduces stake

Karelian Diamond Resources plc’s significant shareholder David John Naylor has reduced his stake in the company. In February, Mr Naylor held 10,509,468 ordinary shares of €0.00025 each, equivalent to 8.17% of Karelian’s then issued ordinary shares and voting rights. Following a sale of shares today, he has an interest of 7,656,757 ordinary shares, equivalent to […]

Finance Metals & Minerals News

Panther sells Australia holding

Panther Metals plc has sold its 18,223,306 shares in Panther Metals Ltd for net proceeds of £219,000 (AUD421,328). STRATEGY Chief executive Darren Hazelwood said that the company’s exit was not a reflection of the Australian company. “Our own strategy is clearly focused on making a transformative discovery on our own highly prospective portfolio, as that […]

Metals & Minerals News

Power Metal sells 69.5m shares in Kavango for £550,000

Power Metal Resources plc has sold its entire holding of 69,500,000 shares in Kavango Resources plc at 0.8p per share for £556,000. JOINT VENTURE Power Metal and Kavango previously held a two-year strategic joint venture of Kanye Resources. In July 2022, Kavango said it intended to regain control of its interests by issuing 60 million […]

News Oil & Gas

Angus NED Paul Forrest sells 16.5m shares

Angus Energy plc non-executive director Paul Forrest sold 16.5 million ordinary shares of 0.002p each at an average price of 1.8 pence per ordinary share. Following the sale for £297,000 on 14 April 2023, Mr Forrest’s total shareholding in the company is now 483,356,061 ordinary shares, representing 13.46% of the issued share capital. He has […]

News Oil & Gas

Angus NED Paul Forrest sells 13m shares

Angus Energy plc said that on 6 April 2023 non-executive director Paul Forrest sold 13,000,000 more ordinary shares of 0.002p each at an average price of 1.8 pence per ordinary share. Following the sale for around £234,000, he now holds 499,856,061 ordinary shares representing 13.92% of the company’s issued share capital. Mr Forrest is the […]