Member Info for TGrus

Buy 7000 FBT - FORBIDDEN TECHS ORD GBP0.008 at a price of 6.24p

very interesting last paragraph reads - While Signature/Tectonic does not yet have a compliant JORC resource, VSA anticipates that with the money from the funding these two should generate total compliant and non-compliant resources of around 880,000 ounces, which on a fully diluted basis implies a post money, market capitalisation of £25mln.

every little helps 70k not much really tiny contract, but non-regulatory news we new about this months ago... good to know they are doing something..

http://www.proactiveinvestors.co.uk/companies/news/176089/kerogen-capital-ends-up-with-near-28-shareholding-in-igas-energy-following-completion-of-its-recent-refinancing-176089.html

Nice gap at 7.35-7.50 and then if stays below then next 8.30-9.50

602,000 oz gold JORC Code compliant resource at an average grade of 1.77g/t, and create shareholder value. Following completion of the placing and subscription in July 2016 and the subsequent work programme, the Company now needs to raise funds in the near term for general working capital purposes

£400k 1p shares coming soon

will be back to 0.65-0.70 or below 0.5-0.45 levels, how many times have they issued Bergen shares at 0.8, 0.7, now someone is getting these at 0.5!? These shares are diluted again and again.,, never ending. One day I hope see the light.

not good. hope this will turn the corner in the next 3 months? http://www.leaprate.com/forex/brokers/ig-group-q3-revenues-down-12-qoq-to-117-4-million-q4-starts-strong/

http://www.proactiveinvestors.co.uk/companies/news/175187

http://www.proactiveinvestors.co.uk/companies/news/174969/igas-energy-confirms-it-will-cut-out-us112mln-of-debt-though-its-financial-restructuring-174969.html Market cap only £13m now! And debt-for-equity element expected to substantially reduce its debt. The UK shale gas group told investors that it will reduce debt from US$122mln to a maximum of US$10mln by issuing new shares to its lenders. At the same time, it is raising US$55mln of new equity in a share placing anchored by private equity group and cornerstone investor Kerogen Capital. Existing shareholders will also be given the opportunity to buy new shares, via a US$5mln open offer. All new shares will be issued at a price of 4.5p each (Thursday’s closing price was 5.25p). IGas chief executive Stephen Bowler said: “We are pleased to announce the final terms of a restructuring package which, together with our new strategic investor, Kerogen, and the support of bondholders and shareholders would result in a strong balance sheet that, in this oil price environment, would enable us to focus on delivering the significant potential of our production and development assets.”

Very nice, directors buying 300k at 4.7725 today.

Further to the announcement made earlier this morning the Company is pleased to confirm that the Placing has closed. Accordingly this announcement repeats earlier content and shareholders should note that, save for the update as to the placing having formally closed at the level previously announced, it is merely a matter of record. IGas, a leading UK onshore oil and gas explorer and producer, today announces the final terms of a proposed capital restructuring that the Company believes would will result in a new capital structure which will be sustainable in the current oil price environment such that the Company is well positioned to capitalise on value accretive opportunities alongside its US$230 million carried work programme. · a proposed new equity fundraise to raise approximately US$55 million (equivalent to approximately £45.23m) from (a) a subscription by a new investor, Kerogen; (b) a placing of shares with institutional investors; (c) a subscription by certain of the Directors, certain of their spouses and certain third parties; · a subscription by existing shareholders under an open offer for up to €5 million; · a debt for equity swap in respect of all the unsecured bonds (through a bondholder vote); and a debt for equity swap in respect of some of the secured bonds (through a voluntary equity exchange and/or bondholder vote); the secured bonds will convert to equity at 100% of par value and the unsecured bonds will convert to equity at 62.5% of par value; · the Company has received signed undertakings to vote and written indications of support in favour of the Bondholder Approved Transactions from approximately 75% of the Secured Bondholders and approximately 61% of the Unsecured Bondholders; · the Company's overall net debt reduced from US$122 million at 31 December 2016 (equivalent to £100m) to not more than US$10 million (equivalent to c.£8m) by the (i) cancellation of all of the unsecured bonds (through a bondholder vote), (ii) a cancellation of up to US$60m (equivalent to c.£49 m) of secured bonds in consideration for the issue of new shares (through a voluntary equity exchange and/or bondholder vote); and (iii) a cancellation of part of the secured bonds following a re-purchase in consideration for cash payments (through a voluntary cash offer and/or a bondholder vote); · a renegotiated set of terms and conditions and covenants for the secured bonds remaining after the debt for equity swap and cash repurchase, which, in the opinion of the board of directors, would give the Company capacity to operate on a sustainable basis and advance the business with lower levels of financial constraint; and · the new ordinary shares will be issued to new and existing investors at the issue price of 4.5p. Full details of the proposals (together the "Restructuring") will be contained in a Circular to Shareholders and a Bond Summon

The future is bright, as (Stratmin) Signature portfolio is next to the largest Intrusive Related Gold System discovery with over 12 million ounces of gold produced in Mount Morgan gold mince Queensland Australia! Last paragraph of the RTO news: Mr Prentice began his resources career at the famous Mount Morgan gold mine in Australia, which, with over 12 million ounces of gold produced, remains the largest Intrusive Related Gold System discovery in the belt in Queensland that hosts the Signature portfolio. Mr. Prentice is the co-founder of Signature and a Director of the Company.

As they keep issuing Bergen shares like the confetti to the children. Bergen Global Opportunity Fund, LP ("Bergen") at a conversion price of 0.7 pence, the details of which were announced to the market on 7 June 2016 pursuant to which 6,946,052 ordinary shares (the "Relevant Shares") are to be issued. Application has therefore been made for the Relevant Shares to be admitted to trading on AIM and to the JSE Limited with admission expected to take place on 3 March 2017

Suppliers consultants shares to be admitted on the 6th March. Issue of shares in lieu of fees - In addition to the Subscription, the directors of ECR announce that the Company has issued 6,673,021 new ordinary shares of 0.001 pence in the Company (“Ordinary Shares”) at a price of 1 pence per Ordinary Share (being the same price as the Subscription Price) in lieu of salary and fees owed to certain directors, consultants and suppliers to the Company (the “Fee Shares”). In relation to this, 2,623,750 Fee Shares have been issued to suppliers and consultants, of which 343,750 Fee Shares have been issued to former director Stephen Clayson in lieu of fees owed for ad hoc consultative and administrative services. The remaining 4,049,271 Fee Shares have been issued to directors as follows: The issue of Fee Shares to Craig Brown, Ivor Jones, Bill Howell and Stephen Clayson constitutes related party transactions under the AIM Rules for Companies, by virtue of the parties all being or having been directors of ECR within the preceding twelve months. Christian Dennis, non-executive director, who is independent of the related party transactions considers, having consulted with Cairn Financial Advisers LLP, the Company’s nominated adviser, that the terms of these related party transactions are fair and reasonable insofar as ECR shareholders are concerned.

Last investor paid 0.20 for a £1,000,000 that's £1m! so I doubt this will hit 0.09 but if we ever see these lows then all aboard to load up for at least 2-3 bagger return!

They were happy to pay 1.0p for 500k investment and we are already up 40% also they are locked in for 12 months, looks good for May-June charts. Fingers crossed for higher highs. Hope the directors will spend the moneys wisely on the drilling (hope for good results) and licences.

Of the Investor Warrants, 55,356,391 are exercisable at a price of 2 pence per share and 27,678,195 have an exercise price of 5 pence per share. HIGHLIGHTS Shenyang Xinliaoan Machinery Co Ltd has conditionally agreed to subscribe for a 29.9% shareholding in ECR Shenyang Subscription Shares to be subject to 12-month lock-up £100,000 non-refundable deposit receivable from the Investor, to be converted into ordinary shares at a price of 2p per share in the event the conditions of the Subscription are not satisfied by 31 March 2017 Proceeds to be used for drilling programmes in Australia and Argentina and working capital including review of potential new projects and business areas Upon completion of the Subscription, Shenyang are able to recommend up to two directors who may be appointed as members of the ECR board Issue of shares to directors, consultants and suppliers who have opted to take ECR shares in lieu of fees owed

https://fibband.shutterfly.com/pictures/12