Blencowe Resources #BRES – Placing to Raise £500,000 and Appointment of Joint-Broker

Blencowe Resources, the natural resources company focussed on the development of the Orom-Cross Graphite Project in Uganda, is pleased to announce that it has raised £500,000 in an oversubscribed Placing at 8 pence per share. Placees have also received an attaching half-warrant to subscribe for shares at 10 pence per share for a period of three years. Funds will […]

Blencowe Resources #BRES – Placing to Raise £300,000, Directors and CEO Purchase of Shares, Issue of Options and Operational Update

Blencowe Resources, the natural resources company focussed on the development of the Orom-Cross Graphite Project in Uganda, is pleased to provide the following corporate and operational update. Highlights: £300,000 new funds raised from existing shareholders and management at 6p per share £75,000 of these new shares acquired by Directors and the CEO showing strong support […]

Blencowe Resources #BRES – Block Listing Application Update

The Company provides notification that the block listing application for 7,500,000  ordinary shares of 0.5 pence each (“Block Listing Shares”) pursuant to the exercise of outstanding warrants will not proceed due to low levels of exercises to date. The Company may review an application in the future subject to levels of exercise notices. Therefore, the […]

Blencowe Resources #BRES – JORC Resource Update

The Company is pleased to provide an update on progress of the Orom-Cross Graphite Project JORC Resource program. Highlights Maiden Resource to be reported in early Q1 2021 Leading graphite specialists SGS Lakefield undertaking phase two metallurgical work on track to deliver results in Q1 2021 Metallurgical work to define the end product concentrate and […]

Blencowe Resources #BRES – Block Listing Application & Issue of Equity

The Company provides notification that an application has been made to the FCA and the London Stock Exchange for a block listing totalling 7,500,000  ordinary shares of 0.5 pence each to be admitted to the Official List and to trading on the London Stock Exchange. Up to 7,500,000 ordinary shares will be issued from time […]