LONDON (Alliance News) - Oxus Gold PLC Tuesday said it has raised roughly GBP150,000 after a subscription for shares in the company by Darwin Strategic Ltd. The Uzbekistan-focused gold mining company said Darwin made the subscription on Tuesday as part of an Equity Financing Facility Agreem
Read moreLONDON (Alliance News) - Oxus Gold PLC Monday said it narrowed its losses in 2013 on the back of lower administrative expenses and arbitration costs associated with its ongoing effort to secure compensation from the government of Uzbekistan for assets it claims were taken from it illegally.
Oxus Gold, a company invested in the Amantaytau Goldfields (AGF) in Uzbekistan, reported a reduced annual loss, but told investors its main activities remained 'materially uncertain' and were dependent on the outcome of its dispute with the Uzbek government. For the 12 months ended December 31st, t
Read moreLONDON (Alliance News) - Oxus Gold PLC Tuesday said it has raised about GBP64,000 net of fees and costs through a draw down on its equity financing facility with Darwin Strategic Ltd. In a statement, Oxus said it had issued Darwin with 3 million new shares at 2.31 pence. The company d
Read moreLONDON (Alliance News) - Oxus Gold PLC Tuesday said Sturgeon Central Asia Fund has converted USD1.0 million of loan notes into shares, which according to Chairman Richard Shead strengthens the company's finances. Sturgeon Capital Limited is an independent investment manager focused on the C
Read moreLONDON (Alliance News) - Oxus Gold PLC said Monday that a hearing will be held, and a Tribunal decision is expected, during 2014 in its ongoing arbitration to secure compensation from the Republic of Uzbekistan for assets it claims were taken from it illegally. The company is seeking compen
Read moreJohn Whittaker has made yet another big purchase in property company Intu, this time buying 195,000 shares at 329.20p. The £641,940 purchase takes his stake in the group to 20.02%, equal to 191.13m shares. Whittaker, who joined the board after selling Intu the well-known Trafford Centre shopping
Read moreShares in Oxus Gold rocketed 47% after it said accountants had submitted a detailed assessment of losses as it continues to battle the government of Uzbekistan over the taking of two of its mineral assets in the country. The firm added the Uzbek government had agreed to temporarily suspend its $10.8
Read moreGold and copper exploration company KEFI Minerals pleased investors after it said tests on a site in Saudi Arabia confirmed the presence of high grade gold and silver over substantial widths and strike lengths. It said diamond drilling would begin at the Jibal Qutman Licence in the current quarter.
Read moreJames Peters, Deputy Chairman of XP Power, the power controller manufacturer, has purchased 7,000 shares less than a week after the firm cautioned over its revenues. Peters, who founded XP in 1988, bought the shares for 1100p. The £77,000 transaction takes Peters' stake in the firm to 2,178,254 s
Read morePeter Sands, Chief Executive at Standard Chartered, the Asia-focused banking colossus, earned himself 5.9m pounds-worth of shares in the company following the vesting of four separate reward payments. The pay-out came as the largest part of a £32m bonus paid to 10 of the company's directors. San
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