Blencowe Resources #BRES – Publication of a Prospectus

    Blencowe is pleased to announce that its prospectus has been approved by the Financial Conduct Authority (the ‘FCA’) and published today by the Company (the ‘Prospectus’).  The Prospectus relates to the admission of Placing Shares and Subscription Shares in connection with the £2,000,000 fundraise announced on 12 November 2021. The Company will admit […]

Blencowe Resources #BRES – Result of General Meeting

  Blencowe Resources Plc (LSE: BRES) is pleased to announce that at the Company’s General Meeting held earlier today, all resolutions were duly passed .  Subject to the publication of a simplified prospectus that is currently being approved by the FCA, the passing of these resolutions gives the directors the authority to issue shares in the capital […]

Blencowe Resources #BRES – Webinar Call

  Blencowe Resources (BRES:LON), the graphite explorer developing the Orom-Cross jumbo flake graphite project in Uganda, is pleased to announce that it will host a shareholder conference call and Q&A via Zoom conferencing on Monday 13 December 2021 at 12:00 noon UK time (8:00 p.m. WST time). The call will be hosted by Blencowe’s CEO Mike Ralston who […]

Blencowe Resources #BRES – Over-Subscribed £2m Capital Raise

Company now fully funded through next 12 months of Project development, including Pre-Feasibility Study Highlights; Ø Over-Subscribed £2m fund-raise, including subscriptions from Blencowe Board Ø Orom-Cross now fully funded through to completion of PFS Ø Outlook for graphite market continues to strengthen, driven by EV sector Blencowe Resources (LSE: BRES) (Blencowe or the Company) is […]

Blencowe Resources #BRES – Orom-Cross PEA Shows Potential for Long Life, Highly Profitable Graphite Project

Results of internal Preliminary Economic Assessment (“PEA”) demonstrate compelling case for the development of a major new graphite project, paving the way for a Pre-Feasibility Study. Highlights  Low operating costs and robust financials for mining operation: · Net Present Value (NPV 8 ) of US$317M / IRR 49% over 13-year life of mine from 2025. · Average nameplate production of […]