Finance Metals & Minerals News

Sunrise increases fundraise to £250,000

Sunrise Resources plc has raised approximately £50,000 from its completed oversubscribed retail open offer of 294,117,647 new ordinary shares at 0.017 pence per share. TVRs Funds raised add to those from the 31 July placing of 1,176,470,588 new ordinary shares, taking the total to £250,000. Following admission, the company’s issued ordinary share capital will comprise […]

Finance Metals & Minerals News

Sunrise raises £200,000

Sunrise Resources plc has conditionally raised £200,000 through a 17.1% discounted placing of 1,176,470,588 new ordinary shares of 0.001p each, at 0.017 pence per placing share. TVRs The company said that half of the amount raised was from a single new institutional investor. Those participating in the fundraise included executive chairman Patrick Cheetham who subscribed […]

Finance Metals & Minerals News

Fulcrum raises £245,000

Fulcrum Metals plc has raised £245,010 via an oversubscribed subscription for 8,166,990 new ordinary shares of one pence each with certain sophisticated value-add mining industry, high net worth and institutional investors. TVRs The subscription, at the issue price of three pence per share, follows a fundraise earlier this month of just over £1 million. Each […]

Metals & Minerals News

Guardian issues two million shares

Guardian Metal Resources plc has issued 2,094,996 shares following warrant exercises by the company directors and other warrant holders for £294,195. DIRECTORS The exercise follows the expiry of the 10.75p and 17p warrants, after which the remaining warrant holders are no longer considered to hold inside information. A total of 991,276 warrants were exercised over new […]

News Oil & Gas

United issues 444,444,444 new shares

United Oil & Gas plc will issue 444,444,444 new ordinary shares with a nominal value of £0.00001 each, relating to the £800,000 fundraise earlier this month. The company today received shareholders’ approval to authorise the issue of the fundraising shares and warrants. One warrant will be attached to every two new ordinary shares issued, exercisable […]

Finance News Oil & Gas

Union Jack raises £2m

Union Jack Oil plc has raised £2 million before expenses through a placing and subscription of an aggregate 40 million new ordinary shares of five pence each, at five pence per new ordinary share. DIRECTORS Each placing and subscription share has one warrant attached, exercisable at eight pence for a period of two years, equal […]