Finance Metals & Minerals News

Fulcrum raises £1m via placing-subscription

Fulcrum Metals plc has raised a total of £1.045 million via a placing and direct subscription of new ordinary shares of one pence each in the company, at three pence per share. METALS ONE The placing of 29 million new ordinary shares raised £870,000, with one warrant attached to every two shares subscribed, exercisable at […]

Metals & Minerals News

Metals issues 8m new shares

Metals Exploration plc has issued in aggregate 8,108,835 new ordinary shares of £0.0001 each by way of options and warrants exercises, for a total £487,806. TVRs A total of 1,161,555 warrants with an exercise price of £0.0605 each, raised £70,274 and options over 6,947,280 ordinary shares, with an average option price of £0.0602 each, for […]

Metals & Minerals News

GreenRoc issues 3.8m new shares

GreenRoc Strategic Materials plc has issued 3,846,153 new ordinary shares of 0.1 pence each in a warrants exercise at 2p per warrant share, for £76,923.06. Following admission, the company’s issued share capital will comprise 274,464,939 ordinary shares each of 0.1p each, with voting rights. GreenRoc holds licences for graphite at Amitsoq and ilmenite at Thule Black Sands, […]

News Oil & Gas

Ascent resumes strong production in Utah

Ascent plc reported 350 thousand cubic feet per day (circa 58 barrels of oil equivalent per day) from the first five wells put back into production last month in the Wolf Point area, northern Utah. INVENTORY Operator Arb Energy LLC is undertaking maintenance on a further four wells expected to beginning long term production, before […]

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 […]