Metals & Minerals News

Guardian issues 1.25m shares in warrants exercise

Guardian Metal Resources plc has issued a total 1,253,999 new ordinary shares of 1 pence each following a warrants exercise at 17p per warrant share, for £213,179.84. TVRs Upon admission, the company’s issued share capital will comprise 129,445,634 ordinary shares of 1p each, with voting rights. The warrants exercise follows one on 4 April over a […]

Metals & Minerals News

Panther issues 362,250 to settle loan notes

Panther Metals plc has issued in total 362,250 shares at an issue price 50p and 362,250 warrants with an exercise price of 75p to the former holders of a combined £150,000 loan notes. TVRs Shareholders granted the company approval at a general meeting on 2 April. Following admission, Panther’s total issued share capital comprises 5,593,400 […]

Metals & Minerals News

Power Metal reduces voting rights in FCM

Power Metal Resources plc has reduced its voting rights in its spin-out company First Class Metals plc. A TR-1 notification shows that the decrease from 19.5 to 9.9%, equal to 19,033,802 voting rights, took place on 3 March 2025. FCM holds gold, nickel, copper and lithium assets in Northern Ontario, Canada.

Finance Metals & Minerals News

Red Rock issues 71m shares for advance

Red Rock Resources plc has issued 71,428,571 new ordinary shares of 0.01 pence each at a subscription of 0.035 pence per share to convert a £25,000 advance from an existing shareholder. TVRs The issued shares have accompanying 71,428,571 warrants, exercisable at 0.045 pence per share at any time before 24 February 2028. Following admission, Red Rock’s […]

Finance News Oil & Gas

Corcel raises £2.7m from strategic investors

Corcel plc has raised £2,717,000 via the issue of 1,698,125,000 new ordinary shares of £0.0001 each at a 6.7% premium price of £0.0016 per share. TVRs The fundraise is with strategic investors with “significant” experience in the oil and gas sector. Each investor will receive one warrant for each placing share to subscribe for one […]

News Oil & Gas

Block issues 36m shares and 10.5m options

Block Energy plc, focused on Georgia, issued 35,912,008 shares of 0.25 pence each and 10,548,289 nil-cost options over ordinary shares under its performance related scheme. DIRECTORS /PDMRs The company’s renumeration committee made the awards to a senior executive, two management and four staff for the financial year ended 3 December 2024. Additionally, on 6 February […]