Eddie Stobart, a leading supply chain and logistics organisation, today announces its intention to seek admission of its entire issued and to be issued share capital to trading on AIM (“Admission”) and to conduct a placing of new and existing Ordinary Shares with institutional investors (the “Placing” and together with Admission, the “IPO”). Dealings in the Company’s Ordinary Shares on AIM are expected to commence in April 2017.
Riversimple, the world’s only independent hydrogen carmaker, announced its first crowdfunding round had received strong backing from investors – exceeding its target of £1m and raising a final figure of £1,138,000 before closing at midnight on April 9th.
The rise in the copper price will see Minera Cobre, a private copper exploration junior in Colombia founded by the same team who established Red Eagle Mining (CN:R), seek a fund raising to undertake its first drilling programme and possibly hasten its IPO.
Following its announcement on 17 January 2017, Onzima Ventures Plc (“Onzima” or the “Company”), is pleased to announce the conditional acquisition of the remaining 51 per cent. of the issued shares of N4 Pharma Limited (“N4 Pharma”) which it does not already own (the “Acquisition”). Consideration for the Acquisition will be satisfied by the issue of 4,510,800 New Ordinary Shares and 4,591,400 Deferred Consideration Shares (post-Share Re-Organisation).
Share Talk spoke with Michael Masterman, Chairman of W Resources Plc (AIM:WRES) today from Spain. He talks about the company being awarded the Design and Construct Contract for the La Parrilla Jig and Mill to allmineral Aufbereitungstechnik GmbH & Co. KG of Germany (“allmineral”). Updates about his meeting with the W Resources Plc team in country.
The Board of Ascent Resources plc (AIM: AST), the European focused oil & gas exploration and production company is delighted to report that commercial production has commenced from well Pg‑10.
Share Talk spoke with Michael Masterman, CEO of Saffron Energy today. We look into the company receiving the final approval from the Italian Ministry of Economic Development (UNMIG) for gas production at the Bezzecca gas field on 11 April 2017. Commissioning and gas production will commence in the coming days.
Jig and Mill Contract Including Vendor Finance Awarded to allmineral
W Resources Plc (AIM:WRES), the tungsten, copper and gold exploration and development company with assets in Spain and Portugal, has awarded the Design and Construct Contract for the La Parrilla Jig and Mill to allmineral Aufbereitungstechnik GmbH & Co. KG of Germany (“allmineral”) at a contract price of €4.98m. allmineral is providing vendor finance for just under 50% of the contract price on very competitive terms.