Anglesey Mining plc shareholders today rejected the company’s proposals for £2 million financing from Alumni Capital Ltd, in conjunction with a capital reorganisation. ADMINISTRATION The money was earmarked for negotiations with third-party funders for a pumped hydro energy storage scheme at the Parys Mountain polymetal project in North Wales, thus generating cash flow. Anglesey said that it […]
Tag: shareholders’ vote
Anglesey defers vote on financing-shares consolidation
Anglesey Mining plc has postponed today’s general meeting, where shareholders were due to vote on a £2 million funding and shares consolidation. CHALLENGE The meeting was due to open and immediately adjourn to allow discussions with “certain shareholders” on resolutions, before it reconvenes on 20 October 2025. The £2m financing, if approved, is from Miami-based […]
Deltic shareholders to vote on Viaro’s £6.9m offer
Deltic Energy plc shareholders are due to vote on 28 August on the £6.9 million cash offer for the company from Viarao Energy Ltd’s main operating subsidiary, RockRose Energy. SCHEDULE At least 75% of votes are needed at a court meeting and a general meeting to approve the sale, as well as sanction by the […]