26 Aug 2014 10:58
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
RGM.L Share News (RGM)
RGM Share
Price
RGM Share
News
RGM Share
Chat
RGM Share
Trades
RGM
Live RNS
RGM Share
Charts
RGM Broker
Ratings
RGM Directors
Deals
RGM Financial
Diary
RGM
Fundamentals
RGM Short
Positions
RGM
Media
RGM.L Information
- There is currently no data for RGM
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Regency Mines confirms acquisition of Horse Hill stake
Tue, 23rd Feb 2016 13:11
(ShareCast News) - AIM-listed Regency Mines has completed the acquisition of a 5% interest in the Horse Hill development near Gatwick Airport from Angus Energy for £400,000.The deal, which was announced on Monday, will see Regency pay part of the consideration through the issue of 54.23m shares to Angus at 0.325p each. This will give Angus a 29.9% stake in the company.In addition, Regency has given Angus options over another 17.9m shares, which can be exercised at 0.39p each within the next 18 months.Chairman Andrew Bell said on Monday: "We sold out of the same percentage of HHDL last year. We now buy back on broadly equivalent terms."With the additional information now available, the asset now meets the investment criteria stated then. The timing of progress to production can be better quantified and in our opinion the potential and scale of the rewards now far outweigh the risk."At 1317 GMT, Regency shares were up 80% to 1.12p.
More News
6 Aug 2014 13:34
Horse Hill Development granted final approval for Weald Basin drilling
Horse Hill Developments Ltd (HHDL), a joint venture (JV) group developed by several AIM-listed companies, has now been granted final approvals from the UK Environment Agency to go ahead the Horse Hill Prospect in the Weald Basin, Surry. The approvals clear the way for the JV to proceed with the dri
Read more11 Jul 2014 10:58
Regency Mines to acquire a stake in the Horse Hill Development
Exploration group Regency Mines is set to acquire a 5% stake in the Horse Hill Development (HHDL) near Gatwick Airport. The group has signed an agreement which will see it pay £0.3m to HHDL, the newly-incorporated special purpose vehicle which rights to buy a 65% in the Petroleum Exploration and De
Read more26 Jun 2014 15:34
26 Jun 2014 15:25
23 May 2014 16:53
Regency Mines Applies For New Licence In Papua New Guinea
LONDON (Alliance News) - Regency Mines PLC Friday said it has applied for a nickel and gold licence over a 1,284 square kilometre region near the port city of Lae in eastern Papua New Guinea. The exploration and development mining company said the area it is applying for contains nickel lat
Read more21 May 2014 14:41
Regency Mines hopeful of Ram investment
Regency Mines said one of its investments had bought options over highly prospective land in Western Australia. ASX-listed Ram Resources, of which Regency owns 18.2%, has acquired options on three tenements totalling 400 sq km in the southern area of the Fraser Range nickel-copper belt. Regency,
Read more21 May 2014 12:40
Regency Mines Says Ram Resources Adds To Permits In Fraser Range
LONDON (Alliance News) - Regency Mines PLC Wednesday said that its associate company Ram Resources Ltd, has added to its permits in the Fraser Range nickel-copper belt in Western Australia, by acquiring options on three tenements totalling 400 square kilometres in the southern area of the Fraser
Read more14 May 2014 13:47
Regency Mines Raises GBP350,000 In Share Placing
LONDON (Alliance News) - Regency Mines PLC Wednesday said it has raised GBP350,000 in a share placing with institutional and private investors, with the proceeds earmarked for expenditure in Sudan, the nickel joint venture in Papua New Guinea, and working capital purposes. In a statement, R
Read more