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CRA.L Share News (CRA)

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Corac hit by field test delay

Wed, 11th Nov 2009 08:39

Shares in Corac slumped after the compressor technology specialist said the start of a field trial for a project to be conducted with the Italian oil and gas group Eni would be delayed until the second half of 2010 rather than the fourth quarter of 2009.The trial involves using Corac's compressor technology on a site in southern Italy. Corac said previously that it required many multidisciplinary contractors to be organised and permissions granted so could be subject to delay.'I am obviously disappointed that Corac is unable to start field trials in 2009 as planned, but pleased that the Company is now putting in place a revised plan to deliver to Eni,' said chief executive Phil Cartmell.Corac said it was in discussions with two other potential field trial partners to use its technology, one in the US and one in the Middle East.

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26 Feb 2019 14:36

Cradle Arc Shares To Be Cancelled In A Month As Adviser Resigns

LONDON (Alliance News) - Cradle Arc PLC on Tuesday said that its nominated adviser Strand Hanson Ltd resigned with immediate effect.Pursuant to AIM rules, the firm needs to appoint a within

31 Jan 2019 11:24

Cradle Arc Appoints Administrators For Orderly Assets Realisation

LONDON (Alliance News) - Cradle Arc PLC on Thursday said it appointed Antony Batty and Hugh Jesseman of Antony Batty & Company LLP as joint administrators with immediate effect.The said

3 Jan 2019 10:51

Cradle Arc's Roger Williams To Leave To Focus On Executive Role

LONDON (Alliance News) - Troubled miner Cradle Arc PLC on Thursday said Non-Executive Director Roger Williams will be leaving its board at the end of January.Williams, Cradle Arc said, is a

6 Dec 2018 18:29

Cradle Arc Funding Falls Through; Suspends Shares And Seeks Advice (ALLISS)

LONDON (Alliance News) - Metals exploration firm Cradle Arc PLC suspended its shares from AIM trading on Thursday while it seeks insolvency advice and clarification of its financial conditional to

19 Nov 2018 17:42

Cradle Arc Subsidiary Loan Extended, Equipment Breakdowns At Mowana

LONDON (Alliance News) - Cradle Arc PLC said Monday its subsidiary has been granted a USD4 million loan extension as equipment breakdowns continue at the Mowana copper mine in in base and precious

2 Nov 2018 13:33

James Turnbull Joins Cradle Arc Board As Two Non-Execs Depart

LONDON (Alliance News) - Miner Cradle Arc PLC said Friday it has appointed James Turnbull to its board, as two other non-executive directors stepped down.Turnbull, a lawyer who has worked a

31 Oct 2018 09:40

Cradle Arc Raises GBP396,000 To Fund Operations In Botswana (ALLISS)

LONDON (Alliance News) - Cradle Arc PLC said Wednesday it raised GBP396,000 in a discounted share placing to go towards work at a mine in Botswana.Shares in the Africa-focus base and metals

15 Oct 2018 13:00

Cradle Arc Gets 2020 Licence Extension For Thakadu And Makala Deposits

LONDON (Alliance News) - Cradle Arc PLC on Monday said its mining licence covering the Thakadu and Makala deposits in Botswana has been extended until 2020.The Botswana Ministry of Mineral

11 Oct 2018 10:55

Cradle Arc Issues 21.8 Million Shares Following Loan Note Conversion (ALLISS)

LONDON (Alliance News) - Cradle Arc PLC said on Thursday that a holder of company issued loan notes has elected to convert its notes into a total of 21.8 million shares through two million shares

8 Oct 2018 13:38

Cradle Arc Shareholder Provides Loan To Develop Mowana Copper Mine

LONDON (Alliance News) - Cradle Arc PLC on Monday said Leboam Holdings (Pty) Ltd has obtained a loan of USD2.0 million to fix breakdowns and interruptions at the Mowana copper mine in Arc has a of

4 Oct 2018 11:48

City Financial Drops Entire 13% Cradle Arc Stake After Deal (ALLISS)

LONDON (Alliance News) - Cradle Arc PLC on Thursday said City Financial Investment Company Ltd, acting as investment manager for City Financial Absolute Equity Fund, dropped its stake in the now

28 Sep 2018 13:41

Cradle Arc Loss Expands; Seeks Funds To Improve Processing Facilities

LONDON (Alliance News) - Cradle Arc PLC said on Friday, in its maiden results since listing in January, that its interim loss widened as it looks to raise funds to improve its current processing a

25 Sep 2018 10:13

Cradle Arc Shares Plunge As Mowana Production Forecasts Lowered

LONDON (Alliance News) - Shares dropped in Cradle Arc PLC on Tuesday as it reduced its production forecast for the third quarter of 2018, and placed its target for the second half of 2018 under to

14 Sep 2018 09:56

Cradle Arc Secures Renewals For Botswana Copper Licences

LONDON (Alliance News) - Cradle Arc PLC said Friday it has been granted two-year renewals for its prospecting licences located north of the company's flagship Mowana Copper Mine in company was

5 Sep 2018 13:32

Cradle Arc Non-Exec Chairman Toby Howell Departs, Pitchford Replaces

LONDON (Alliance News) - Cradle Arc PLC on Wednesday said Roy Pitchford will replace an outgoing Non-Executive Chairman Toby Howell, who stepped down immediately to pursue his other business the a