Ormonde Mining plc plans a capital reorganisation to increase its share price and attract new investors.
Tag: shareholders’ vote
Reabold-Union Jack set date to complete £6.14m offer
Reabold Resources plc’s acquisition of Union Jack Oil plc has had an unconditional completion date set for 25 September 2026. TIMETABLE Reabold said that both of the companies’ directors recommended that their shareholders vote in favour of the £6.14 million offer, which will be by means of a takeover. Reabold will hold its general meeting […]
Union Jack defers AGM vote on £6.14m offer
Union Jack Oil plc aims to resist opposition to its sale by reconvening its annual general meeting 21 days after publication of Reabold Resources plc’s £6.14 million offer, or that it is declared unconditional. VOTES The announcement on the AGM, adjourned on 26 June, is due five business days after the earlier of the two […]
Union Jack adjourns AGM as offer talks continue
Union Jack Oil plc has adjourned its annual general meeting, including shareholders’ vote on re-election of its directors, in the light of Reabold Resources plc’s offer for the company. IMPACT Executive chairman David Bramhill said that discussions with Reabold continued on the detailed terms of the possible offer. “I believe that the making of an […]
Union Jack hit by non-commercial Crossroads well
Union Jack Oil plc reported a non-commercial outcome at its joint venture Crossroads well in Garvin County, Oklahoma, USA. MEETING Operator and partner Reach Oil and Gas Company Inc encountered “good hydrocarbon shows at several levels from the Hoxbar down to the Basal McLish intervals”. The partners had also perforated and tested four intervals with […]
Galantas shareholders back Andacollo aquisition
Galantas Gold Corp. shareholders have approved the acquisition of Sol de Oro Mining Ltd, holder of the Andacollo gold project in Chile. COMPANY MOVES Sol de Oro is owned by Galantas’ senior vice president operations Robert Sedgemore. The transaction, for US$32 million (£23.9m) cash and 91,313,890 company common shares, is expected to close later in […]