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 […]

Finance Metals & Minerals News

Cadence signs $4.6m prepayment off-take for Amapá 

Cadence Minerals plc and its joint venture partners have executed a binding US$4.6 million prepayment off-take agreement, relating to the Amapá iron ore project, in northern Brazil. CASHFLOW The company, together with Pedra Branca Alliance Pte Ltd and DEV Mineração S.A., will receive the funds from its chosen off-take partner. Repayment will be through per tonne of iron ore […]

Metals & Minerals News

Guardian issues 100,000 new shares

Guardian Metal Resources plc has issued 100,000 new ordinary shares of one pence each, following an exercise over options at 0.14p per warrant share, for £14,000. TVRs Following admission, the company’s issued share capital will comprise 167,998,967 ordinary shares of one pence each. The figure also represents Guardian’s total voting rights. The company holds tungsten, lithium, base and […]