Independent news on Irish and UK junior to mid-tier exploration, development and production
UK Oil & Gas plc has agreed a £1 million sale of its 85.635% interest in the Horse Hill field and its PEDL137 licence, located near Gatwick Airport in Surrey, to London-based energy B plc. The Aquis-listed company raised £1.2m for the acquisition, through a placing of 9,479,200 ordinary shares at £0.12 per ordinary share, […]
Cora Gold Ltd chief executive officer Bert Munro has subscribed for 242,105 ordinary shares of no par value in the company, at seven pence per ordinary share, for £16,947.35. TVRs Mr Munro now holds 3,047,642 ordinary shares, representing 0.4% of Cora’s enlarged share capital. Following admission, the company’s total issued share capital will comprise 765,296,805 […]
Metals Exploration plc has issued 6,099,128 new ordinary shares of £0.0001 each, following an exercise of options, at an average price of £0.0665 each, for an aggregate of £405,750.56. TVRs Following admission, the company’s issued share capital will comprise 3,285,555,158 ordinary shares, of which 299,385,458 ordinary shares are held in treasury. The total number of […]
First Class Metals plc has raised gross £1 million through a placing of 26,315,790 new ordinary shares, at a price of 3.8 pence per share. TVRs The placing price is a 9.5% discount to the bid closing price of the company’s shares on 8 June 2026. The company will also issue over 909,090 new ordinary shares, in […]
First Class Metals plc has fully converted the January 2026 loan note with the issue of 1,619,793 shares with the value of £37,500. SUNBEAM The shares’ issue on 4 June 2026 follows that on 3 June of the same number of shares with the same aggregate value. Following admission, First Class’s total issued share capital […]
Arkle Resources plc will issue 10 million ordinary shares of €0.0025 each, following the exercise of warrants, at £0.0030 per new share. TVRs Following admission, the company’s total issued share capital will comprise 1,595,310,997 ordinary shares, with equal voting rights. Arkle has interests in exploration licences for metals in Namibia, Ireland and Botswana.