Cadence Minerals plc reported director dealings of its chief executive officer Kiran Morzaria. Mr Morzaria purchased 45,454 shares at 0.11p and now owns 1,472,434 shares. Other directors’ current holding includes finance director Donald Strang with 957,545 shares; chairman Andrew Suckling, 381,602; and non-executive director Adrian Fairbourn,731,005.
Tag: extractive industries
Obituary – executive and Anglesey NED Howard Miller
Mining executive and non-executive director of Anglesey Mining plc Howard Miller died on 22 December after a short illness. Mr Miller had been NED of Anglesey since 2001 and served as lead independent director from 2013 until his death. He began his career as a lawyer in South Africa, rising to senior partner at Johannesburg […]
GreenRoc Mining raises £18,000 from broker option
GreenRoc Mining plc has raised £18,000 before costs by placing 400,000 new ordinary shares at 4.5 pence per share in a broker option announced earlier in December. BROKER OPTION The broker option, which closed on 22 December, was for those existing shareholders and other investors who had no opportunity to participate in a placing conducted […]
GreenRoc 2022 drilling confirms consistent high grade graphite intersections at Amitsoq
GreenRoc Mining plc said that completion of its Phase II drilling programme confirmed consistent high-grade graphite intersections at its flagship Amitsoq project in South Greenland. MINEABLE WIDTHS The company, which began Phase II in June 2022, has given the results to the independent competent person for a revised mineral resource assessment, expected in January 2023. Results show […]
Corcel’s proposed director to subscribe for 38.8m shares intended for distribution
Corcel plc said that its proposed director Mr Yan Zhao will subscribe for a third of shares previously earmarked for distribution by private investment company AUSPECT Investment PTY Ltd. FUNDRAISE On 14 December 2022, Corcel announced it had raised £466,000 at a “significant premium” to the current share price from AUSPECT. The Australian company had told […]
Egdon increases stake in Waddock Cross-Avington
Egdon Resources plc has signed a conditional agreement to acquire Aurora Production (UK) Ltd which holds interests in Waddock Cross and Avington oil fields. REJUVENATE Aurora holds an 18.75% interest in the Edgon-operated licence PL090 containing Waddock Cross in Dorset. It also owns an 8.33% interest in the IGas Energy-operated licence PEDL070 holding Avington in […]