Prospex Energy plc received £24,000 following notice to exercise warrants for 800,000 new ordinary shares of 0.1p each at an exercise price of 3 pence. The warrants were issued pursuant to a warrant agreement dated 23 February 2022, relating to a placing in March 2021. After admission, Prospex will have a total of 274,980,846 ordinary shares […]
Tag: extractive industries
EnQuest agrees refinancing of $792m senior notes
EnQuest plc has agreed a successful refinancing of its existing $792.3 million senior notes due 2023. AGREEMENT The company, with oil and gas projects in the UK North Sea and Malaysia, priced the offering of new $305m 11⅝% senior notes due 2027, which were due for settlement on 25 October 2022, at an issue price of […]
i3 Energy reports chairman and CEO share dealings
Oil and gas company i3 Energy plc announced share dealings by two directors of the company. PURCHASE Chairman John Festival purchased 1,000,000 ordinary shares of 0.01 pence each in the company at CAD0.355 per share. He now has 2,602,360 ordinary shares, representing 0.22% of the company’s issued share capital. Chief executive officer Majid Shafiq purchased […]
Power Metal appoints Owain Morton as NED
Power Metal Resources plc has appointed Owain Morton as a non-executive director with immediate effect. Mr Morton, based in the UK, is an associate partner – Mining & Metals SME with IBM providing multi-sector business services and technology consulting. His previous roles include technology and innovation manager for Glencore Global, technical strategy and risk management and operations […]
Weardale Lithium appoints Julian Hammond as a director
Weardale Lithium Ltd has appointed Julian Hammond as a director. Companies House recorded the appointment effective from 6 October 2022.
Conroy Gold intersects 33.2m gold zone in stockwork at Clontibret
Conroy Gold and Natural Resources plc reported an intersection of 33.2m gold zone within the stockwork, grading 0.8 g/t gold, at its joint venture operations at the Clontibret deposit in Co. Monaghan, Ireland. RESULTS Today’s assay results are from the fourth of eight holes in a drill programme for 3,000m. Turkish partner and operator Demir […]