Finance News Oil & Gas

Capricorn to admit 5.3m block shares

Capricorn Energy plc has applied for a block admission of 5,316,739 ordinary shares of 799/122 pence each to the London Stock Exchange. TVRs The shares will meet the demand for share option exercises and vesting of awards under the company’s employee share plans. Of the total, 845,313 ordinary shares are expected to be allotted to […]

Finance News Oil & Gas

Orcadian issues 781,634 shares

Orcadian Energy plc has issued 781,634 ordinary shares, which settles £100,000 of the face value convertible loan amount from December 2025.  TVRs Following the conversion, a total of £352,500 face value CLNs remains outstanding. On admission, the company’s voting rights will be 79,986,977 ordinary shares. Orcadian holds UK North Sea oil interests which include the Pilot field, Elke […]

Finance News Oil & Gas

Sunda issues 11.7 million new shares

Sunda Energy plc will issue 11,763,447 new ordinary shares of 0.1 pence each, following notice from Alumni Capital Ltd to convert £100,000 of the outstanding drawn-down principal amount of its loan notes, plus a £10,000 finance charge. TVRs The company has additionally granted to Alumni a total of 6,786,604 CLN warrants entitling the holder to […]

Metals & Minerals News

Cadence ahead of schedule at Azteca

Cadence Minerals plc is ahead of schedule with the Azteca processing plant’s refurbishment at the Amapá iron ore project in northeast Brazil. The programme has reached some 48% weighted physical progress, compared with 41% planned progress. Cadence said that as 2 July 2026, 21 activities were complete, 10 were in progress and 33 had yet […]

Finance Metals & Minerals News

Panther secures more time for Obonga SPA

Panther Metals plc has secured a further 12 months to the sale and purchase agreement for the Obonga project, which covers over 90% of the Obonga Greenstone Belt, in Ontario, Canada. EXPLORATION The volcanogenic sulphide project contains base and precious metals and a range of ‘critical’ metals and minerals including gallium, rare earth elements, lithium […]

Finance News Oil & Gas

United raises £500,000

United Oil & Gas plc has raised £500,000 through a placing of 250 million new ordinary shares of 0.001p each, at a price of 0.20p per share, by two long-term institutional shareholders. TVRs The issue price is a slight discount to the closing mid-market price of 0.23p on 2 July 2026. Every three placing shares […]