Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
It’s a very sad day for the company and for people who are stuck in UKOG. However the lady disaster in Turkey has really done a lot of damage to UKOG’s finances. I hope that the next move if successful brings it back to its feet and the investors can recover their losses. Anyhow we can’t really blame SS for not trying find oil and pull Ukog out of the mess but a dry well can’t be pinned on the CEO’s complete failure. He did try to keep it afloat as long as he could and there was enough time for investors to get out. This is my opinion and not trying to make any kind of judgement as to how people trade and invest but CEO is definitely can’t be blamed on this occasion. He had to go to Turkey or wherever to survive as there were too many hurdles by the Stop oil gang, the couldn’t just move forward at all. There was a court case at every step, so what could he do . It’s a pity though from 11p to 0.0011! I am currently not invested so GL to investors.
I have added more at 2.13p. RNS contains fantastic news , won’t be surprised if it shoots up to 11 p after the news. It’s just waiting until the news comes which can’t be less than what has been published already. GL all.
22 February 2024- not too long to go now, possibly it will be shorted until 15 February? Shorter ‘s have to buy back at some point- might go up very fast after the shorting stops. I have added more today, hoping for a good return!👀🤞🏼
4. Capital Reorganisation
The Company currently has 29,534,926,104 ordinary shares of £0.0001 each in issue ("Existing Ordinary Shares"). The Board proposes to carry out a subdivision and reclassification of the Existing Ordinary Shares by 1:1000 so that each Existing Ordinary Share will be subdivided and reclassified into one (1) new ordinary share of £0.0000001 each ("New Ordinary Share") and 999 deferred B shares of £0.0000001 each ("Deferred B Shares") ("Subdivision"), followed by a consolidation of the New Ordinary Shares and Deferred B Shares by 10:1 so that every 10 New Ordinary Shares and every 10 Deferred B Shares will be consolidated into 1 New Ordinary Share and 1 Deferred B Share of £0.000001 each ("Consolidation", together with the Subdivision, "Capital Reorganisation"). The Deferred B Shares will have no right to vote or participate in the capital of the Company and the Company will not issue any certificates or credit CREST accounts in respect of them. The Deferred B Shares will not be admitted to trading on any exchange. The rights of the ordinary shares and the Deferred B Shares will be set out in the new articles of association proposed to be adopted by the Company. The purpose of the Capital Reorganisation is to reduce the nominal value of the Existing Ordinary Shares and to reduce the number of shares in issue.
Soon
14 September 2023
Beacon Energy plc
("Beacon Energy" or the "Company")
PrimaryBid Offer
● Beacon Energy announces a conditional offer for subscription of new Ordinary Shares via PrimaryBid;
● The Issue Price for the new Ordinary Shares to be issued pursuant to the Placing and the PrimaryBid Offer is 0.15 pence per new Ordinary Share, representing a discount of approximately 16.7 per cent. to the closing middle market price of 0.18 pence per existing Ordinary Share on 14 September 2023, being the latest practicable date prior to the date and time of this Announcement;
● Investors can access the PrimaryBid Offer through PrimaryBid's website and on PrimaryBid's app;
● Investors may also be able to take part through PrimaryBid's extensive network of retail brokers, wealth managers and investment platforms, subject to such partners' participation.
● Applications for new Ordinary Shares through these partners can be made from tax efficient savings vehicles such as ISAs or SIPPs, as well as General Investment Accounts (GIAs);
● The PrimaryBid Offer is available to both existing shareholders and new investors;
● There is a minimum subscription of £500 per investor in the PrimaryBid Offer;
● No commission will be charged by PrimaryBid on applications to the PrimaryBid Offer.
PrimaryBid Offer
Beacon Energy plc (AIM:BCE), the full-cycle oil and gas company with a portfolio of production, development, appraisal and exploration onshore German assets through its wholly-owned subsidiary, Rhein Petroleum GmbH, is pleased to announce, a conditional offer for subscription of new ordinary shares of no par value each in the capital of the Company ("Ordinary Shares") via PrimaryBid (the "PrimaryBid Offer") at an issue price of 0.15 pence per new Ordinary Share (the "Issue Price"), representing a discount of approximately 16.7 per cent. to the closing middle market price of 0.18 pence per existing Ordinary Share on 14 September 2023, being the latest practicable date prior to the date and time of this Announcement. The Company is also conducting a placing of new Ordinary Shares at the Issue Price by way of an accelerated bookbuilding process (the "Placing") as announced earlier today.
The PrimaryBid Offer is conditional on the new Ordinary Shares to be issued pursuant to the PrimaryBid Offer and the Placing being admitted to trading on AIM ("Admission"). Admission is expected to take place at 8.00 a.m. (London time) on 20 September 2023. The PrimaryBid Offer will not be completed without the Placing also being completed.
The Company will use the gross proceeds of the Placing and the PrimaryBid Offer for general working capital prior to the receipt of proceeds from the sale of commercial production from the Company's Schwarzbach-2(2.) well and to cover the expenses of the Placing and PrimaryBid Offer.
Reason for the PrimaryBid Offer
While the Placing has been structured as a n
The only way to survive and make profit with penny shares is to pay for Level - 2.I had sold 40 % of my stock whilst sitting on the beach in Gran Canaria as I had put limits and sold the rest as soon as the RNS landed. Now by buying back at 36% less , I am sure to make profit just before the next news lands. Pi’s not having Level 2 can’t see what’s going on with MM’s and the trades they see are 15 minutes delayed so they have no chance selling in time without making a loss. Level 2 is costing me more than the money I would be putting in this stock! Just think about it if you really want to invest in the penny stock
Am I your target for today then , carry on with your negativity and I am going to focus on my next profit, won’t be responding to you again and if you carry on then will filter out your messages, like all other green line. Be positive and you might get some profit!