Finance News Oil & Gas

Sunda issues 43.8m new shares

Sunda Energy plc has issued 43,824,701 new ordinary shares after converting £500,000 of the outstanding convertible loan notes, plus a £50,000 finance charge, following notice from Alumni Capital Ltd. TVRs The conversion into ordinary shares of 0.1 pence each is at a price of 1.255 pence. Sunda has also granted to Alumni 25,283,481 CLN warrants, […]

Finance Metals & Minerals News

First Class issues 8m new shares

First Class Metals plc has issued eight million new ordinary shares of £0.001 each, following a warrants exercise at 2.55p per share price, for an aggregate £204,000.  TVRs Following admission, the company’s total issued share capital will comprise 424,276,349 ordinary shares, with equal voting rights. First Class holds no shares in treasury. The company’s exploration […]

Finance News Oil & Gas

Borders issues 400,000 new shares

Borders & Southern Petroleum plc has issued 401,300 new ordinary shares of one pence each, following a warrant exercise at 10 pence per warrant share, for an aggregate £40,130. TVRs Following admission, the company’s total issued share capital will comprise 881,444,324 ordinary shares, with voting rights. Borders does not hold any ordinary shares in treasury. The company […]

Finance News Oil & Gas

Angus conditionally raises £3m to restructure debt

Angus Energy plc has conditionally raised £3 million, via a placing and subscription of 1.5 billion new ordinary shares, at 0.2p per share, to support a restructuring agreement with its lenders. CREDITORS Net proceeds will help pay for a fourth well at the Saltfleetby gas field in East Lincolnshire, and the well workover at Brockham […]

Finance Metals & Minerals News

Panther issues 40,000 new shares

Panther Metals plc has issued 40,000 new ordinary shares of no par value, following a warrants exercise for £30,000. TVRs Following admission, the company’s total issued share capital will comprise 10,671,838 ordinary shares, with one voting right each. Panther does not hold any ordinary shares in treasury. The company holds ploymetal exploration licences and the […]

Finance Metals & Minerals News

Panther raises £2.5m

Panther Metals plc has raised £2.5 million through a placing of 1,851,852 ordinary shares of no par value, representing some 21% of the company’s existing share capital, at 135 pence per placing share. TVRs The placing price was a 3.5% discount to the mid-market closing price of Panther’s shares on 17 June 2026. The company […]