Proactive news highlights: Sound Energy, Rambler Metals & Mining and Forbidden Technologies
A director of Sound Energy is stepping down; Rambler Metals swings to a profit; Forbidden announces its latest contract win; and much more…
Company
LON:HUM
Founded in 2005, Hummingbird Resources Plc (AIM: HUM) listed on the London AIM exchange in December 2010. The Company is a leading multi-asset, multi-jurisdiction gold production, development and exploration company and member of the World Gold Council
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A director of Sound Energy is stepping down; Rambler Metals swings to a profit; Forbidden announces its latest contract win; and much more…
The AIM listed group and Kola Gold plan to create a new company to hold the 10 Mali exploration properties covering 1,600 square kilometres called Cora Gold Inc.
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Small caps received the backing of brokers today as there were no upgrades for any major firms
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Jefferies International has seemingly lost faith in communications groups, as it downgraded its target prices for Sky PLC (LON:SKY), TalkTalk Telecom Group PLC (LON:TALK), BT Group PLC (LON:BT) and Vodafone Group PLC (LON:VOD).
"The largest AIM-based gold funding to be completed for four years is a testament to the quality of the project"
"We look forward to the construction phase of Yanfolila and the announcement of further key milestones over the coming months," said Hummingbird's CEO, Dan Betts
The European oil and gas exploration and production company Ascent lived up to its name as resolutions 1 to 3 were duly passed at today’s AGM.
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Onzima said it “has thus far made a number of positive returns on its investments” in the resources sector.
Fund raisings have continued apace in the junior mining sector
The FTSE 100 Index closed 24.02 points up at 6209.63
Hummingbird Resources undertakes a successful equity financing, Rambler Metals & Mining has closes its fundraise, while Kibo Mining caps off a good week.
Hummingbird has orchestrated a significant equity fundraising for the Yanfolila gold project in Mali
The firm issued 103mln shares at 22p a pop in a placing and carried out a subscription offer for another 105mln at the same price
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Connemara Mining Company had more good news, Eland Oil & Gas Plc expects to complete flow testing and Fastjet halted its application for an air operator’s licence.