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 […]
Tag: Shandong New Powder Cosmo AM&T
Corcel raises £200,000 via placing to NPC
Corcel plc has raised £200,000 gross from issuing 50,000,000 new ordinary shares of £0.0001 each at £0.004 to its proposed joint venture partner Shangdong New Power COSMO AM&T (NPC). BOARD The company has also issued one warrant for every one share exerciseable at £0.005 at any time over the next year. On admission, Corcel’s total issued share capital will comprise 580,208,295 ordinary […]
Corcel signs Papua New Guinea-Argentina MoU
Corcel plc has signed a memorandum of understanding for a proposed 50-50 joint venture to include its nickel-cobalt interests in Papua New Guinea. RESTRUCTURE Corcel and Shandong New Powder COSMO AM&T (NPC)’s JV company will be named Integrated Battery Metals (IBM). The partners intend to create a Singapore-based JV comprising Corcel’s Mambare and Wowo Gap […]
Corcel urged on binding offtake for nickel-cobalt
Corcel plc said its proposed off-take partner had asked the company to move to a binding agreement for supplies from the Mambare and Wowo Gap nickel-cobalt projects in Papua New Guinea. DIRECT SHIPPING In January 2022, the company signed a non-binding memorandum of understanding (MOU) with Shandong New Powder Cosmo AM&T (NPC). A representative of […]