Finance News Oil & Gas

Borders issues 1.4m new shares

Borders & Southern Petroleum plc has issued 1,421,050 new ordinary shares of one pence each, after a warrants exercise at 10p per warrant share, for an aggregate £142,105. TVRs Following admission, the company’s total issued share capital will comprise 880,841,724 ordinary shares, each with voting rights. Borders does not hold any ordinary shares in treasury. The oil and […]

Finance Metals & Minerals News

Fulcrum secures surface rights at Teck Hughes

Fulcrum Metals plc has secured five long-term surface rights over 270 acres around the Teck Hughes gold mine tailings recovery project in Ontario, Canada. STRATEGY The deal gives the company access to land and flexibility for “exploration activities, environmental studies, infrastructure planning and future development work”. Fulcrum said that the move was a “positive step […]

Finance News Oil & Gas

Ascent issues 21.9m new shares to creditors

Ascent Resources plc will issue 21,895,113 new ordinary shares to repay part of a loan and to settle payment to trade creditors. TVRs The company has agreed to issue shares in lieu of part repayment in an amendment to its existing secured loan facility with Riverfort Global Opportunities PCC Ltd. The deed of amendment and […]

Finance News Oil & Gas

Predator raises £3m

Predator Oil & Gas Holdings plc has raised £3 million before expenses by conditionally placing 85,714,286 million new ordinary shares of no par value in the company, at 3.5 pence each. TRINIDAD-MOROCCO The company is also issuing six million warrants, exercisable at 3.5p each, with an expiry date three years from the date of admission. Following admission, Predator will have […]

Finance Metals & Minerals News

Alba acquires controlling interest in Motzfeldt

Alba Mineral Resources plc has doubled its interest to 51%, for a total of £518,070 in shares, over the Motzfeldt project in southern Greenland, following government approval. TVRs Motzfeldt’s exploration licence has also received consent for a second five-year term, until 2030. As part of the acquisition, executive chairman George Frangeskides and his connected parties will […]

Finance Metals & Minerals News

Kavango issues 36.6m shares

Kavango Resources plc will issue 36,596,469 new ordinary shares to Comarton Consultants (Private) Ltd ATF and six pension funds, under the Comarton managed pension funds investments consortium. TVRs The shares issue, at £0.01 per shares, follows those in April and September 2025 and in January 2026. The total number of Consortium pension funds invested in Kavango now […]