Finance Metals & Minerals News

Nativo agrees new £2.1m loan

Nativo Resources plc has agreed a new £2.1 million unsecured loan agreement with institutional investor YA II PN Ltd, which is managed by Yorkville Advisors Global LP. PERU The new package replaces the November 2025 convertible loan note. In addition to the loan, the funding includes an at-the-market (ATM) equity issuance facility with Nativo’s corporate […]

Finance Metals & Minerals News

Fulcrum secures £6m for tailings projects

Fulcrum Metals plc has secured £6 million funding with institutional investor YA II PN Ltd to advance its Teck-Hughes and Sylvanite gold mine tailings projects in Ontario, Canada. PILOT PLANT The financing comprises a combination of equity and convertible debt funding as well as an at-the-market subscription facility, arranged with Fulcrum’s broker Clear Capital Markets […]

Finance Metals & Minerals News

Nativo agrees £2m for Peru gold production

Nativo Resources plc has secured £2 million financing, via a susbcription and convertible loan note, with institutional investor YA II PN Ltd, which is managed by Yorkville Advisors Global LP. TVRs Yorkville will subscribe £200,000 for 45,454,545 new ordinary shares, each at a price of £0.0044. The principal amount of the unsecured CLN is £1.8m, […]

Finance News Oil & Gas

UKOG repays more of £2m loan

UK Oil & Gas plc has repaid a further £55,000 of its loan by issuing a further 244,444,444 shares to investors RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. The balance now stands at £310,000 of the original £2m loan. Following admission, UKOG’s total voting rights will be 4,348,502,750 ordinary shares.

Finance News Oil & Gas

UKOG issues third tranche of shares for loan

UK Oil & Gas plc (UKOG) issued the third tranche of shares, relating to last year’s first investment sum of £2 million, to RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. UKOG said that the first three tranches of equity shares had now been converted at the investors’ discretion to repay the loan, […]

Metals & Minerals News Oil & Gas

Corcel converts £100,000 loan notes into 25m shares

Corcel plc has received notice to convert £100,000 of outstanding loan notes into 25,000,000 new ordinary shares each at a price of £0.004.    The loan notes are from the company’s lenders YA II PN Ltd and Riverfort Global Opportunities PCC Ltd. Following the issue of the shares Corcel’s issued ordinary share capital will comprise 1,499,528,988 […]