Altona Rare Earths plc has raised £407,450 through a subscription for 6,913,333 new ordinary shares of one pence each at 2.965p per subscription share, and the transfer and exercise of warrants. DIRECTORS Each new subscription share carries one warrant to subscribe for one new ordinary share at two pence for a period of 12 months […]
Tag: shares for fees
Red Rock issues 100m shares for fees
Red Rock Resources plc has issued for cash 100 million new ordinary shares of 0.01 pence each in the company at a subscription price of 0.03 pence per share to settle professional fees. TVRs Following admission, the company’s issued ordinary share capital will comprise 7,254,032,374 ordinary shares. All of the ordinary shares have equal voting […]
Altona issues 2m shares as directors’ salary
Altona Rare Earths plc today issued a total 2,080,494 ordinary shares of £0.01 each in lieu of cash salary payments to its directors. TVRs The move is accordance with agreed measures to conserve cash on a month-by-month basis. Chief executive officer Cedric Simonet received 573,276 shares to hold 3,398,986 shares in total, representing 2.05% holding […]
Red Rock issues 700m shares
Red Rock Resources plc in is talks to sell some of its assets as it issued, in aggregate, 714,055,114 new shares to settle accrued interest, fees, a subscription and a debt. BUYERS A total 54,911,214 shares issued each at 0.041p are for accrued interest on a four-month extension from 18 November 2024 to the term of […]
Ascent acquires 49% in Utah-Colorado licences
Ascent Resources plc has acquired a 49% interest in 119,000 acres of helium-rich oil and gas licences in the Paradox Basin across Utah and Colorado, USA. ZONES The US$2 million acquisition, supported by a $475,949 fundraise at a 203% premium, is from Houston-based operator American Helium LLC. Ascent will pay $1.75m with 27,650,000 new Ascent […]
Fulcrum issues 240,000 shares for fees
Fulcrum Metals plc issued 240,000 ordinary shares of 1 pence each in the company to a service provider in lieu of cash payment. Following admission, the company’s issued share capital will consist of 61,825,943 ordinary shares with voting rights. Fulcrum holds no ordinary shares in treasury. The company is advancing two tailings processing projects, Teck-Hughes and Sylvanite, in […]