PYX Resources: Achieving volume and diversification milestones. Watch the video here.
what a disgrace 0.1
disgusting
China is a major tantalum producer and is the biggest supplier of tantalum metal to US companies.
Almost 30 percent of the tantalum metal exported to the US comes from China according to the USGS, and the country's production has held steady year over year.
Company's shares have been suspended from trading on AIM with immediate effect and will remain suspended until an AIM admission document has been published or until the Company confirms that the Transaction is not proceeding. A further announcement will be made as and when appropriate.
The Transaction was conditional upon, among other things, Sirius having arranged for debt funding to be provided to fund certain capital expenditure on the Ejulebe field. The proposed debt provider views the Transaction positively and has agreed that the Transaction should now proceed on the basis that Sirius be both the borrower and guarantor of the proposed facility.
The effect of these arrangements is that the transaction would now constitute a reverse take-over under Rule 14 of the AIM Rules for Companies and would be subject to Shareholders' approval. In accordance with the AIM Rules, the Company's shares have been suspended from trading on AIM with immediate effect and will remain suspended until an AIM admission document has been published or until the Company confirms that the Transaction is not proceeding. A further announcement will be made as and when appropriate.
placing shares to shit
I make it we've done 20 mill vol since placing
we need x3 30 mill 90mill vol to shift them
unless they're very sticky
I remember when Parsons from sound energy and IRG didn't it 20 bag?
be nice here lol
The company, which originally floated on AIM seven years ago and raised £15.5 million to bring a 25 million-barrel project into production, recently had its shares suspended after hoped-for licence renewals did not come through.
Is history gonna repeat itself with the Ororo licence?
They've wasted millions over the last 20 years and never produced a drop of oil
The Company is pleased to announce that Mark De Smedt, CEO of HGC, has been appointed as a Non-Executive Director on the Board of Sentiance N.V., with immediate effect. HGC currently has a 15% holding in Sentiance N.V. and the potential to increase this holding to up to a majority stake, should it exercise the Acquisition Option described in the Company's announcement of 12 April 2019.
Jens Zimmermann, Chairman of HGC, commented: "The appointment of Mark will allow for greater connectivity between the two organisations as the Company implements its strategic objective to create and operate a mutually reinforcing network of complementary proprietary technology and content assets."
she gonna blow
could be news
or another raise
raised £250k in Jan
low on cash?
to multibag
oversold low mcap here it goes
crikey
It raised £3.4million through a 68 million share issue pricing the new shares at 5 pence each and it also converted £100,000 in loans into new shares that were also priced at 5 pence. The company plans to use the proceeds to meet on-going costs and to investigate potential investments, as well as providing it with general working capital.
"Our focus is to secure the first oil and gas asset and build on the strategy which we believe will deliver significant value for shareholders,” chief executive Toby Hayward said.
"I would like to thank our shareholders for their considerable patience whilst the Company's shares were suspended from trading on AIM and support for the admission to AIM and we look forward to updating the market with our progress in due course."
The company has already had an AIM-listing previously. Back in 2008 changed both its strategy and it name - from Global Gaming – and it subsequently tried to acquire an interest in Nigerian oil and gas assets. However it was unable to close a deal. In February 2011 it admission to AIM was cancelled.
https://www.growthcompany.co.uk/sirius-in-34m-aim-comeback-1605478/
floated 15 years ago
The company, which originally floated on AIM seven years ago and raised £15.5 million to bring a 25 million-barrel project into production, recently had its shares suspended after hoped-for licence renewals did not come through.
So they've failed once refloated and wasted how many millions?
and still nothing has happened
agree
OPEN OFFER OF UP TO 5,332,221,134 NEW ORDINARY SHARES AT 0.0125 PENCE PER SHARE TO RAISE UP TO £660,000
Surely existing sharholders would of been happy to pay more than 0.0125 an raise more cash
extra shares to cover their short if there was one