#Echo Echo Energy – Successful Loan Restructuring

Echo Energy, the Latin American focused upstream oil and gas company, is pleased to announce that it has successfully agreed the restructuring of the Company’s £1.0 million loan originally provided to the Company in March 2017 and now held by Spartan Class O (the “Lender”), a sub-fund of Spartan Fund Limited SAC (the “Loan”) with […]

#ECR ECR Minerals Plc – Appointment of Independent Non-Executive Director

ECR Minerals plc (LON:ECR), the precious metals exploration and development company, is pleased to announce the appointment of Dr Trevor George Davenport (“Trevor” “Dr Davenport”) as a Independent Non-Executive Director of ECR Minerals plc, with immediate effect. Dr Davenport obtained a BSc (Hons) Geology at Southampton University, subsequently attaining his MSc in Mining Geology and […]

#ECHO Echo Energy Plc – Interim Results

Echo Energy, the Latin American focused upstream energy company, announces its unaudited interim results for the six months ended 30 June 2021.   H1 2021 Highlights: · Refocus of capex away from high-risk exploration into lower risk-production opportunities with swift pay back. · Gross profit of US $0.4 million (H1 2020: loss of US$ 1.6 million). · Revenue […]

#KAV Kavango Resources – Interim Results

Kavango Resources plc, an exploration company targeting the discovery of world class mineral deposits in Botswana, is pleased to announce its unaudited financial results for the six months ended 30 June 2021.   SUMMARY · Issue of 69,776,784 ordinary shares (Note 5) · Expenditure in Botswana on exploration of US$512,000 (Note 4) · Operating loss of US$776,000 (2020 […]

#POW Power Metal Resources – Uranium Portfolio Expansion – Athabasca Basin

Power Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces a significant expansion of its land package within the Athabasca Basin, located in northern Saskatchewan, Canada. Previously on 15 September 2021 the Company announced the initial acquisition by staking of four uranium properties covering 109 km2, the […]

Quoted Micro 27 September 2021

AQUIS STOCK EXCHANGE Michael Williams has stepped down as chairman and chief executive of British Honey Company (BHC) and non-exec Philip Seers has also resigned. Robert Porter-Smith has rejoined the board and Alex Maurice becomes chief operating officer. This follows the general meeting requisition, and it is unclear what will happen with that. Ecotricity has […]

Does EV and battery tech really sound the death knell for Oil and Gas?

Future of Oil and Gas In an era of rising demand and hype for electric vehicles (EV) and battery technology, commodities and ETFs linked to oil and gas have managed to hold their prices. EV stocks like Tesla and Nio have increased by 71% and 100% respectively in the past year. The price of WTI […]

#BRES Blencowe Resources Plc – Update on Orom-Cross Graphite Project

Blencowe is pleased to deliver an update to the market in regards to work streams progressing on the Company’s flagship Orom-Cross graphite project in Uganda. Highlights Phase Two drilling program was completed in early August; all samples have been prepped and are in transit to laboratories in Australia for assaying. Blencowe continues to target a […]

#KAV Kavango Resources – Kalahari Suture Zone (KSZ) – drilling update

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce that the Company has requested Mindea Exploration and Drilling Services (Pty) to extend Hole TA2DD002 to 1,000m depth, which is the technical limit of the drill rig on site within acceptable safety margins, to assist […]