ARG.L Share News (ARG)

Argos Resources completes sale of PL001 licence in Falkland Islands

(Alliance News) - Argos Resources Ltd on Friday said it completed the disposal of PL001 licence interests in North Falkland Basin.

TRADING UPDATES: Tekcapital's portfolio company seals joint venture

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

IN BRIEF: Argos Resources non-executive directors depart amid wind-up

Argos Resources Ltd - oil and gas exploration in Falkland Islands - Dennis Carlton, Christopher Fleming and James Ragg all resign as non-executive directors immediately, while the executive directors - Executive Chair Ian Thomson, Managing Director John Hogan and Finance Director Andrew Irvine - will remain on the board while the company is wound up. The date of a general meeting of shareholders to approve this will be announced next week, Argos says. Shares have been suspended from trading on AIM in London since the start of July and will remain suspended until they are cancelled, it says.

Argos Resources still awaits Falkland Islands approval for disposal

(Alliance News) - Argos Resources Ltd on Friday said it is still awaiting approval from the Falkland Islands government to dispose its PL001 production licence interests in the North Falkland Basin to JHI Associates Inc.

Argos Resources enters licence acquisition; prepares to cancel shares

(Alliance News) - Argos Resources PLC on Friday said that it had entered a licence acquisition agreement with JHI Associates Inc to sell its interests in the North Falkland Basin in return for JHI shares as it prepares to cancel its trading.

IN BRIEF: Argos Resources share cancellation pushed back beyond May

Argos Resources Ltd - Falkland Islands-based oil and gas exploration company focused on the North Falkland Basin - Confirms that at general meeting on May 26, all resolutions were passed. This means the sale of its PL001 production licence interests in the North Falkland Basin will now proceed. As the sale is not now expected to be completed in May, the company's shares will continue to be admitted to trading on AIM beyond the previously anticipated date of cancellation. Completion of the sale is now expected by June 28. Plans to notify a definitive timetable for cancellation as soon as possible.

UK shareholder meetings calendar - next 7 days

LONDON MARKET MIDDAY: Stocks up ahead of US Fed rate decision

(Alliance News) - Blue-chip equities in Europe were higher at midday on Wednesday, before the Federal Reserve takes centre-stage, as a key week for central bank decisions and US labour market data picks up speed.

Argos Resources sells Falkland interests, plans share cancellation

(Alliance News) - Argos Resources Ltd said on Wednesday it intends to sell interests in the North Falkland Basin to JHI Associates Inc and to cancel trading of its shares, as it prepares for a voluntary liquidation.

AIM WINNERS & LOSERS: Mirriad shares surge on Microsoft collaboration

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Argos Resources gets two-year extension to North Falkland licence

(Sharecast News) - North Falkland Basin-focussed exploration company Argos Resources announced the planned extension of production licence PL001 on Thursday, to 31 December 2024.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Argos Resources loss narrows; looks to extend PL001 licence

Argos Resources Ltd - Falkland-Islands based oil and gas exploration company focused on the North Falkland Basin - For the first half of 2022, total comprehensive loss narrows to USD105,000 from USD200,000 the same period a year before, as a result of a cut in administrative costs to USD95,000 from USD205,000.

Argos Resources losses narrow as it works on further funding

(Sharecast News) - Falkland Islands-focussed Argos Resources reported a first-half loss of $0.11m in its first half on Monday, narrowing from $0.2m year-on-year.