Metals & Minerals News

Golden Metal grants 3.9m share options

Golden Metal Resources plc has granted options over 3.9 million new ordinary shares of 1 pence each in the company to certain directors, employees and advisors. The options, representing 4.6% of the existing issued share capital of the company, allow subscription for new ordinary shares at an exercise price of 14p, with an immediate vesting period. The expiry […]

Metals & Minerals News Oil & Gas

Alba cancels 313m and reissues 360m share options

Alba Mineral Resources plc has cancelled and reissued of certain enterprise management incentive (EMI) share options to management and granted certain new share options. A total 313 million share options to management have been cancelled and replaced with 360m new share options. The figure represents approximately 5.17% of the company’s current undiluted issued share capital, […]

Metals & Minerals News

Kavango awards 48m share options

Kavango Resources plc has granted 48 million share options to directors and persons discharging managerial duties and 20m to its key consultants. Both sets of options are exercisable at a price of 1.1 pence per ordinary share for a period of seven years, with the consultant options vesting in phases over 24 months. Non-executive chairman […]

News Oil & Gas

Beacon grants 500m share options to directors and employees

Beacon Energy plc has granted options over a total 503,565,644 ordinary shares of nil pence each in the capital of the company to its directors and employees. DIRECTORS The options are exercisable at 0.15 pence per ordinary share, being the issue price at the company’s £4.3 million fundraise in September. Beacon has also reached agreement with […]

News Oil & Gas

Predator issues 6m share options to two NEDs

Predator Oil & Gas Holdings plc issued six million options over ordinary shares to two non-executive directors under the company’s existing option scheme. Alistair Jury and Carl Kindinger each received three million options exercisable at 12.5 pence per share. A total 50% of the options will vest upon a news release on rigless testing results […]

Metals & Minerals News

Cornish Metals grants 800,000 options to CDO Fawzi Hanano

Cornish Metals Inc will issue 800,000 options over common shares to its chief development officer Fawzi Hanano. The options have an exercise price of £0.18 per share, the same as those granted earlier in 2023 and the investment price paid by Vision Blue Resources in the £40.5 million fundraise in May 2022. The granted options […]