FTE.L Share News (FTE)

Forte Energy Buys Uranium Assets In Slovakia For CAD8.5 Million

LONDON (Alliance News) - Forte Energy NL Friday said it has entered into a binding deal for the acquisition of the uranium assets of European Uranium Resources Ltd for roughly CAD8.5 million. The uranium explorer said European Uranium is a Toronto Stock Exchange-listed company with interest

Minnow Forte Energy flies on acquisition news

Shares in AIM minerals mining minnow Forte Energy soared on news of a possible acquisition. The company announced that it had its shares suspended on the Australian Securities Exchange (ASX) pending an acquisition announcement within the next two days. Forte shares continued to trade on AIM throug

Anite directors stock up after profit warning

Directors at Anite made a round of share purchases on Wednesday, the biggest of which was made by Chairman Clay Brendish and Non-Executive David Hurst-Brown. Brenish acquired 28,250 shares at 91.00p, costing him a total of £25,708, while Hurst-Brown bought up 50,000 shares at 89.50p for a total of

UK Winners & Losers: Miners Hit By Gold Price Fall But Airlines Soar On Oil Slide

Trading of Forte Energy shares remain suspended on ASX

Forte Energy shares have continued to be suspended from trading on the Australian Securities Exchange (ASX), the group said Tuesday. As previously reported, this is as a result of the pending update on due diligence and negotiations in relation to the proposed transaction to acquire Leo Mining And

Forte Energy shares jump ahead of acquisition update

Forte Energy shares shot up on Tuesday after the group placed its shares on the Australian Securities Exchange under a trading halt. The decision was made ahead of the release of an announcement on due diligence and negotiations in relation to the previously announced proposed transaction to acqui

Forte Energy secures two-year loan

Forte Energy has secured a one million dollar two-year loan facility with Dutchess Opportunity Cayman Fund. An initial drawdown of $0.6m has been received as part of the loan, which will accrue an interest of 8.0% per year. "We are pleased to work with the management team at Forte Energy and to he

Forte Energy to commence drilling in Mauritania

AIM-listed Uranium explorer Forte Energy NL has signed a contract with Wallis Drilling Africa for approximately 5,000m of NQ Aircore drilling in the highly prospective areas close to the A238 prospect and at Hassi Baida in Mauritania. An operational update issued by the company showed that drill

Two Sports Direct execs sell off entire stakes

The Chief Executive Officer and Finance Director of Sports Direct, the High Street sports retailer, sold off their entire holdings in the firm this week following a strong share-price performance over the last year. David Forsey and Robert Mellor both offloaded their remaining 803,922 shares each i

Forte Energy identifies uranium mineralisation at Mauritania resource

Forte Energy NL, the AIM-listed uranium company focused on the development of a portfolio of uranium assets, has unveiled positive assay results from its drilling campaign in Mauritania, West Africa. The Australian company reported that drilling and assay results confirmed intermittent narrow miner

Forte Energy shares plummet as deal talks end

Forte Energy shares plunged more than 23 per cent Friday as the uranium company said it ended negotiations over a deal it had failed to agree terms on. The AIM-listed firm, focused on West Africa assets, said it was continuing to assess alternative opportunities and will update the market according

Forte Energy secures financing deal

Forte Energy has entered into a 10m-pound equity financing facility (EFF) with Darwin Strategic, an arm of fund manager Henderson Global Volantis Capital. Managing Director of Forte Energy, Marc Reilly, said the facility would give the company access to much needed cost effective financing. "The E

Forte Energy: Negotiations continuing over 'potentially significant transaction'

AIM-listed Australian-based minerals company Forte Energy has advised that negotiations are 'continuing in relation to a potentially significant transaction'. The company stated that it would provide a further update "as soon as the terms of any transaction are agreed". The news comes almost two

Forte says 'advanced negotiations are continuing'

Dual-listed Forte Energy has reported that 'advanced negotiations are continuing on a number of different transactions'. The AIM-listed Australian-based minerals company, which announced that its trading halted on the Australian Stock Exchange on February 1st, did not disclose any further informati

Forte Energy halts trading on ASX

Forte Energy, an AIM-listed uranium company, has halted trading of its shares on the the Australian Securities Exchange (ASX) ahead of an announcement relating to a potential asset acquisition. The suspension is expected to last no more than two business days. Trading will continue on AIM during t