Finance News Oil & Gas

Predator raises £4.5m to drill Snowcap-3

Predator Oil & Gas Holdings plc has conditionally raised £4.5 million via a placing of 128,571,419 million new ordinary shares of no par value in the company, at a placing price of 3.5 pence each. TVRs The company said it had used some of its existing ability to issue shares under the Financial Conduct’s Authority Public Offers and Admissions to Trading […]

Metals & Minerals News

Nativo issues 4.5m shares

Nativo Resources plc has issued 4,545,454 ordinary shares to creditors at an agreed share price of £0.0044 per share. TVRs Following admission, the company’s issued share capital will comprise 577,066,139 ordinary shares, with equal voting rights. None of the ordinary shares is held in treasury. Nativo holds gold exploration, development and production assets in Peru.

Metals & Minerals News

Nativo issues 7.4m shares to former director

Nativo Resources plc has issued 7,443,304 shares, at a 29.4% premium, to a former director in lieu of deferred salaries and fees outstanding. Following admission, the company’s issued ordinary share capital will total 572,520,685, each with equal voting rights. None of the shares is held in treasury. Nativo holds gold exploration, development and production assets […]

Metals & Minerals News

First Class expands Sunbeam gold property

First Class Metals plc has expanded its Sunbeam gold exploration property in Ontario with an option for two further blocks, called Sunbeam South East (SE), taking the total acreage to around 90km2. LOCATION The company will pay C$31,000 cash and C$55,000 in ordinary shares of £0.001, each over three years. On signing the agreement, First […]

Metals & Minerals News

Cornish Metals issues 287,914 shares

Cornish Metals Inc. has issued 287,914 common shares via the exercise of 750,000 stock options using a “net exercise” which shareholders approved in June 2023. TVRs The method involves issuing shares equivalent to the value of the net gain, which is the difference between the exercise price and the market value on the date of […]

Metals & Minerals News Oil & Gas

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 […]