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13May 2017

LGO Energy PLC (AIM:LGO) jumps 40% on appointment of new CEO and name change

Leo Koot, LGO’s new Executive Chairman

Share Talk will be interviewing Leo Koot early next week in London and if share holders would like to ask any questions, please forward using the enquirers button on the site.

Last Thursday (11 May) RNS update announced Neil Ritson was to step down as Chairman and Chief Executive Officer Leo Koot appointed as Executive Chairman, with a proposed change of Company name to Columbus Energy Resources PLC 

13May 2017

Alba Mineral Resources (AIM:ALBA) UK, Greenland, Mauritania & Ireland

Last Thursday’s market update announce the terms of the Farm-Out Agreement between Alba and Angus Energy Weald Basin No 3 Limited (“Angus”), and receipt of the consent of the Oil and Gas Authority (“OGA”).

The Brockham partners have now completed the assignment from Angus to Alba of a 5% participating interest in Production Licence (PL) 235 comprising the Brockham Oil Field. Alba is now therefore a licensee under PL 235.’

But this is just one part of the Alba story, we take a look across the portfolio with a Share Price currently sitting at 0.26

12May 2017

Filtronic PLC Trading Update

Filtronic plc

Filtronic plc (the “Group”) Trading Update

Filtronic plc (AIM: FTC), the designer and manufacturer of microwave electronics products for the wireless telecoms infrastructure market and adjacent markets, is pleased to provide the following trading update. 

12May 2017

Gemfields PLC Market Update – Quarter to 31 March 2017

Gemfields Plc

Gemfields plc (“Gemfields” or the “Company”)

Market Update – Quarter to 31 March 2017 

12 May 2017

Gemfields plc (AIM: GEM) is pleased to present an operational update for the three-month period ending 31 March 2017, the third quarter of the 2017 financial year. All figures are approximate and unaudited. Unless otherwise stated, the term “carats” includes both emerald and beryl in relation to the Kagem emerald mine, and both ruby and corundum in relation to the Montepuez ruby mine.

12May 2017

Ithaca Energy Inc Compulsory Shares Acquisition

Ithaca Energy Inc. Delek Takeover – Compulsory Shares Acquisition

 12 May 2017 

Ithaca Energy Inc. (TSX: IAE; LSE: IAE) (“Ithaca” or the “Company”) announces that Delek Group Ltd. (“Delek”), through its affiliate DKL Investments Limited (the “Offeror”), has notified Ithaca that it intends to carry out a compulsory acquisition of all the remaining issued and outstanding common shares of the Company that are not currently owned by the Offeror following completion of the takeover offer (the “Compulsory Acquisition”) for a cash consideration of C$1.95 per share (the “Offer”) under the Business Corporations Act (Alberta). Under the terms of the Compulsory Acquisition, and subject to the terms of the Business Corporations Act (Alberta), the holders of all the remaining common shares not currently owned by the Offeror will be entitled to receive the same consideration per share as paid under the Offer, being C$1.95 in cash per share.

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