Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEmpire Metals Share News (EEE)

Share Price Information for Empire Metals (EEE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 7.00
Bid: 6.80
Ask: 7.20
Change: 0.05 (0.72%)
Spread: 0.40 (5.882%)
Open: 6.95
High: 7.05
Low: 6.70
Prev. Close: 6.95
EEE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Angus Energy Lands Offtake Pact With Shell

Wed, 12th Aug 2020 12:00

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

----------

Angus Energy PLC - UK-focused onshore oil and gas production and development company - Subsidiary Angus Energy Weald Basin No 3 Ltd enters into offtake deal with Royal Dutch Shell PLC division for entire production from Saltfleetby gas field, East Lincolnshire.

----------

Empire Metals Ltd - London-based exploration and development firm - Enters into option agreement to acquire 75% interest in Eclipse gold mining licence in Western Australia from Philips Exploration Pty Ltd. Acquires six-month option for AUD100,000 in cash, about GBP54,648, and AUD300,000 to be settled with issue of 9.4 million Empire shares at 1.75 pence each and issue of 9.4 million warrants exercisable at 3p each.

----------

Alien Metals Ltd - minerals exploration and development in Western Australia and Mexico - Appoints investment bank IBK Capital Corp to assist with project level funding process at Donovan 2 copper and gold asset in Mexico.

----------

Xtract Resources PLC - miner with asset in Mozambique - Total contractor alluvial mining contractor gold production at Manica concession in Mozambique up 21% quarter-on-quarter to 566 ounces from 467 ounces. Explorator attributable revenue from gold sales down 48% quarter-on-quarter to USD261,679.

----------

Galileo Resources PLC - explorer with projects in Botswana, Zambia and South Africa - Approves commencement of exploration programmes at Kalahari copper belt, Botswana.

----------

Altus Strategies PLC - Africa-focused mining royalty firm - Environmental impact assessment approved at Agdz silver and copper project in Morocco. "Key milestone" on way to securing a mining permit.

----------

Metal Tiger PLC - natural resources-focused investor - Notes announcement from 17%-owned investee Southern Gold Ltd on drilling results at Aphae project, South Korea. High-to-moderate grades of gold and silver intersections found.

----------

Cadence Minerals PLC - mineral resources investment company - Investee Macarthur Minerals presents updated mineral resource estimate from Lake Giles iron project, Australia. Measured mineral resource 53.9 million tonnes, indicated resources of 218.7 million tonnes and inferred resources of 997.0 million tonnes.

----------

Kingswood Holdings Ltd - London-based wealth manager - Strikes agreement to acquire 50% stake in US-based Manhattan Harbor Capital. Kingswood intends to invest up to USD8.0 million to grow its US offering which could give it a 67% stake in MHC.

----------

LMS Capital PLC - London-based investment firm - Leading an investment group aiming to acquire an interest in Romanian firm Dacian Petroleum. Dacian operates fields producing 1,400 barrels of oil equivalent per day. LMS Capital to invest total of USD9.1 million in loan and equity capital for 32% holding.

----------

NetScientific PLC - healthcare intellectual property commercialisation group - Portfolio firm PDS Biotechnology Corp prices underwritten public offering of 6.0 million shares at USD2.75 each, raising total of USD16.5 million. NetScientific subscribes for 236,000 shares for GBP500,000.

----------

RTW Venture Fund Ltd - life sciences-focused investment firm - Participates in Series A financing round in Shanghai-based biotechnology firm Ji Xing. Alongside other funds managed by investment manager, RTW Venture invests USD5 million.

----------

Checkit PLC - Cambridge-based workflow management firm - Revenue in six months to July 31 up more than double to GBP6.4 million from GBP3.2 million.

----------

Boku Inc - US-based mobile payments solution provider - Recently-acquired Fortumo launches carrier billing partnership with Myanmar mobile operator Mytel. Mytel customers can pay for games, app purchases and digital services by charging them to postpaid phone bills or prepaid SIM cards.

----------

Northbridge Industrial Services PLC - Burton on Trent-based industrial services and rental company - Revenue in six months to June 30 down 4.8%, performance hailed as "resilient" amid Covid-19. Notes decrease in revenue to be mostly offset by operating cost cuts.

----------

Accsys Technologies PLC - London-based wood building products firm - Forms joint-venture with New York-listed Eastman Chemical Co named Accoya USA LLC. Partnership plans to construct wood production plant to support US market. Accsys share of initial engineering and design costs expected around EUR1.5 million.

----------

Hawkwing PLC - cash shell - Enters into "final stages" of move to Main Market from AIM.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
25 Oct 2022 08:56

LONDON MARKET OPEN: HSBC drags FTSE 100 lower; sterling awaits Suank

(Alliance News) - London's FTSE 100 was struggling to find its footing on Tuesday morning, with HSBC sinking more than 5%, while local investors wait for the new UK prime minister to announce his Cabinet.

Read more
21 Sep 2022 21:55

IN BRIEF: Empire Metals posts encouraging survey results

Empire Metals Ltd - London-based minerals explorer and developer - Says the airborne electro-magnetic survey at its Pitfield copper-gold project in Western Australia identified a suite of anomalous conductive features. Confirms that the Yandanooka Basin contains "geological features" that make it an attractive copper exploration target.

Read more
14 Sep 2022 14:09

IN BRIEF: Empire Metals swings to loss on lack of disposal gain

Empire Metals Ltd - London-based minerals explorer and developer - Swings to a pretax loss of GBP588,808 for the six months to June 30, from a profit of GBP682,770 a year earlier, as a result of a gain of GBP1.8 million derived from the prior year's sale of Georgian Copper & Gold JSC.

Read more
18 Aug 2022 12:07

Empire Metals identified 'significant structure' at Pitfield

(Sharecast News) - Resource explorer and developer Empire Metals announced the identification of a "significant structure" after an airborne magnetic survey in June at the Pitfield Copper-Gold Project in Western Australia.

Read more
18 Aug 2022 10:48

Empire Metals rises on Pitfield airborne magnetic survey results

(Alliance News) - Empire Metals Ltd shares were lifted on Thursday, as new survey results pointed to the possibility of copper and magnetite at Pitfield in Western Australia.

Read more
16 Aug 2022 17:33

IN BRIEF: Empire Metals reports intercepts from Eclipse-Ginalbie

Empire Metals Ltd - London-based minerals exploration and development in Australia - Following the reverse circulation drilling programme completed at the Eclipse-Gindalbie gold project in Australia, several holes have discovered significant intercepts at the Homeward Bound, Budd's Find and Bulletin targets.

Read more
16 Aug 2022 15:06

Empire reports multiple significant intercepts from recent drilling

(Sharecast News) - Resources explorer and developer Empire Metals reported multiple "significant" intercepts from the reverse circulation drilling recently completed at the Eclipse-Gindalbie gold project on Tuesday, 55 kilometres north-east of Kalgoorlie in Western Australia.

Read more
24 Jun 2022 12:22

Losses widen slightly as Empire Metals aggressively expands

(Sharecast News) - Empire Metals updated the market on its full year of operations on Friday, after it 'significantly expanded' its exploration footprint across "highly prospective" areas of its target jurisdiction in Australia, as its loss for the year widened slightly to £0£0.59m from £0.57m.

Read more
24 Jun 2022 09:12

IN BRIEF: Empire Metals posts wider loss in 2021 as admin expenses up

Empire Metals Ltd - London-based minerals exploration and development in Australia - Reports wider loss in 2021 as administrative costs surge. Pretax loss worsens to GBP2.3 million from GBP953,769 in 2020. Administrative expenses increase to GBP1.9 million from GBP958,694. Part of administrative costs are fees of GBP438,059 paid in shares in 2021, compared to nothing in 2020, plus a share option expense of GBP473,336 in 2021, compared to GBP14,118 in 2020.

Read more
22 Jun 2022 14:41

IN BRIEF: Empire Metals starts drilling at Eclipse-Gindalbie project

Empire Metals Ltd - minerals exploration and development in Australia - Starts reverse circulation drilling at the Eclipse-Gindalbie gold project in Western Australia. The campaign consists of over 3,290 metres of drilling across 26 drill holes to target high grade mineralisation.

Read more
22 Jun 2022 13:14

Empire Metals starts new drilling at Eclipse-Gindalbie

(Sharecast News) - Empire Metals announced the start of its next campaign of reverse circulation (RC) drilling at the combined Eclipse-Gindalbie gold project in Western Australia on Wednesday.

Read more
20 Jun 2022 13:26

Empire Metals starts exploration at Pitfield copper-gold project

(Sharecast News) - Empire Metals announced the start of exploration activities at the 615 square kilometre Pitfield copper-gold project on Monday, located in Western Australia.

Read more
20 Jun 2022 11:03

IN BRIEF: Empire Metals commences exploration at Pitfield project

Empire Metals Ltd - minerals exploration and development in Australia - Commences exploration activities at the Pitfield copper-gold project in Western Australia, starting with an airborne electromagnetic survey and an airborne magnetic across the Pitfield tenement area.

Read more
6 Jun 2022 12:10

TRADING UPDATES: Nanoco ups outlook; Seeing Machines wins deal

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

Read more
16 May 2022 13:44

Empire reports drilling results from Eclipse Gold Project

(Sharecast News) - Empire Metals announced the assay results of the diamond drill programme at the Eclipse Gold Project in Western Australia on Monday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.