Kavango Resources plc has raised, in aggregate, £247,000 via subscriptions in the UK and in the USA for a total of 24,557,448 new ordinary shares at £0.01 per share. TVRs On 10 October the company raised £150,000 via a subscription for 15 million new ordinary shares in the UK. An additional US$129,035.24 (£97,000) was raised through […]
Tag: USA
Helium One JV on track for first gas
Helium One Global Ltd said its joint venture with Blue Star Helium remained on schedule for first gas during December 2025 at the Galactica project in Las Animas County, Colorado, USA. PROCESSING Foundation and preparatory work are nearly complete with well site tie-ins, gas gathering system and facility site construction planning being finalised. Mobilisation for […]
Guardian joins Critical Minerals Forum
Guardian Metal Resources plc has become a member of the Critical Minerals Forum (CMF) in the United States. VALUE The company holds tungsten, lithium, base and precious licences in Nevada. Founded in 2024, the CMF has a partnership with the Defense Advanced Research Projects Agency’s (DARPA) open price exploration for national security (OPEN) initiative, which […]
Ascent to appoint David Patterson as CEO
Ascent Resources plc plans to appoint US-based geologist David Patterson as chief executive officer and director following the company’s next general meeting. STRATEGY He replaces Andrew Dennan who decided not to stand for re-election at the forthcoming general meeting as the company refocuses its interests on the USA. Mr Dennan continues to work with the […]
Ascent plans expansion in the USA
Ascent Resources plc has expanded its US footprint with additional producing and prospective oil and gas interests in Colorado and Utah, for a total £3.25 million. RESOURCES The acquisitions, subject to shareholder approval to issue shares, follow the December 2024 acquisition of a 49% interest in helium-rich oil and gas licences in the Paradox Basin […]
Helium One JV spuds State-9 at Galactica
Helium One Global Ltd’s joint venture has spudded the State-9 SWSE 3054 development well at the Galactica helium project in Las Animas County, Colorado, USA. LYONS SANDSTONE Operator Blue Star Helium is currently preparing to drill the intermediate hole section in what will be the sixth well of the 2025 campaign. As with previous wells […]