Guardian Metal Resources plc has issued 500,000 new ordinary shares of one pence each in a warrants exercise at 25p per warrant share, for £125,000. The warrants exercise follows the previous one on 12 May for which a total of 4,600,619 new ordinary shares were issued instead of 4,627,142 as originally stated. Following admission of the 500,000 new […]
Tag: shares issue
Ascent issues 15.7m shares to save costs
Ascent Resources plc has issued in total 15,770,217 new ordinary shares of 0.5p each to directors and executives in lieu of 30 to 40% of salaries or fees to save costs and align their interests with shareholders. DIRECTORS The shares cover the period of six months from 1 June 2025 and “other contractual amounts” owed […]
FCM issues 16m shares as settlements
First Class Metals plc has issued 15,914,535 new ordinary shares to clear a shares loan, meet options and accelerated share-based payments, and satisfy professional fees for its projects in Ontario, Canada. PROPERTIES The company allotted 9,500,001 new ordinary shares of £0.001 each to executive chairman James Knowles to settle his loan of shares. The company […]
United issues 33m shares via warrants exercise
United Oil & Gas plc has issued 33 million shares of £0.00001 each in a warrants’ exercise at £0.001 per share, for £33,000. The warrants were issued as part of the December 2024 fundraise. The company said that, following the exercise, no £0.001 warrants remained outstanding. On admission, United’s total voting rights will be 2,061,377,379. The […]
Borders issues 326,666 shares in warrants exercise
Borders & Southern Petroleum plc has issued 326,666 new ordinary shares of one pence each following a warrants exercise at 1.5 pence per warrant share, for an aggregate £4,900. On admission, the company’s total issued share capital will consist of 878,456,911 ordinary shares, each with voting rights. Borders does not hold any ordinary shares in treasury. The company […]
Metals issues 250.6m new shares
Metals Exploration plc has issued a total of 250,611,582 new ordinary shares following notices to exercise options and warrants of £0.0001 each in the company. TVRs The exercise notices include options over 229,600,000 new ordinary shares at an exercise price equal to nominal value under Metals’ long term incentive plan (LTIP), after all performance conditions […]