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Pin to quick picksMetalnrg Plc Share News (MNRG)

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Share Price: 0.30
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IN BRIEF: MetalNRG Adjourns Meeting As Matters Still Progressing

Thu, 26th Nov 2020 17:35

MetalNRG PLC - London-based resource investing and exploration company - Intends to adjourn Friday general meeting as it "is still progressing matters relating to the transactions which are the subject of the GM". Reconvened GM details are to be made available "as soon as possible". GM needed to seek approval for renewing MetalNRG's authority to allot shares and disapply pre-emption rights. This is in connection with its proposed Lake Victoria Gold Ltd acquisition and GBP4.5 million placing.

Current stock price: 0.80 pence

Year-to-date change: up 27%

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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17 Jun 2024 17:37

MetalNRG shares soar after Kyrgyzstan lifts ban on uranium projects

(Alliance News) - MetalNRG PLC on Monday welcomed a decision by the Parliament of Kyrgyzstan to lift the ban on uranium and thorium prospecting, exploration, development and mining.

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17 Jun 2024 10:04

SMALL-CAP WINNERS & LOSERS: MetalNRG up as Kyrgyzstan ends uranium ban

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MetalNRG settles outstanding debt after selling non-core Italian asset

(Alliance News) - MetalNRG PLC on Friday said it sold its stake in Eqtec Italia MDC Srl, its joint venture with fellow London listing Eqtec PLC.

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8 May 2024 15:07

IN BRIEF: MetalNRG raises GBP246,341 via subscription

MetalNRG PLC - London-based natural resources and energy-focused investor - Announces a subscription for 246.3 million shares at 0.1 pence each, raising GBP246,341. The price represents a premium of 60% to the closing mid-market price of 0.0625p per share on Tuesday. Net proceeds will be used to further advance potential acquisitions, including due diligence and advisory costs, and for general corporate purposes leading up to and including any proposed reverse takeover transaction.

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EARNINGS: Anglo-Eastern Plantations lifts dividend; profit falls

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9 Feb 2024 09:18

IN BRIEF: MetalNRG raises GBP220,000 via convertible loan notes issue

MetalNRG PLC - London-based natural resources and energy-focused investor - Raises GBP223,000 via issue of convertible loan notes carrying a 15% annual coupon and convertible upon the earlier of the company completing a reverse takeover or two years from today. Says the proceeds raised through the issue, alongside an additional unsecured short-term loan of GBP150,000, will be used to undertake specific due diligence work on projects identified as potential reverse takeover targets and for general corporate purposes.

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24 Jan 2024 17:41

TRADING UPDATES: MetalNRG's legal settlement; Impellam confirms payout

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Eqtec shares soar as MetalNRG hails loan drawdown for Italy plant

(Alliance News) - MetalNRG PLC on Tuesday congratulated Eqtec PLC as the latter celebrated the pending drawdown of a loan to finance its plant in Tuscany.

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MetalNRG eyes reverse takeover amid focus on mining; gets Italy loan

(Alliance News) - MetalNRG PLC on Monday said it has decided to focus on mining gold and copper, alongside other precious and strategic metals required for energy transition and new technology.

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14 Aug 2023 10:14

IN BRIEF: MetalNRG notes Lake Victoria Gold's sale of Imwelo project

MetalNRG PLC - London-headquartered investor in natural resources and energy - Notes Victoria Gold Ltd's proposed sale of its Imwelo Gold project to Vancouver-based mineral exploration company, Tembo Gold Corp under a licence purchase agreement. MetalNRG owns a minority equity interest in the Milton, Australia-based gold and mineral exploration company, Lake Victoria Gold. Says Tembo Gold will acquire Imwelo through its subsidiary Tembo Gold Tanzania Ltd. Says the offer is subject to "a number of conditions." Tembo Gold is a Vancouver-based mineral exploration company with a focus on Tanzania.

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