Sirius Minerals PLC (LON:SXX)has put its long-running debt financing talks on hold as it has received a new alternative funding proposal. In a statement, the UK mine developer said the new proposal contains an alternative senior debt structure which would replace the structure envisaged in the prior negotiations, that began back in 2016.
Bacanora Lithium PLC (LON:BCN) has said it does not know why its shares have moved recently.
Metal Tiger PLC (LON:MTR) shares jumped in early trading Tuesday after it hailed “significant” drilling results from a programme carried out at the T3 copper project in Botswana by investee company MOD Resources, in which it holds a 10.48% stake.
i3 Energy PLC (LON:I3E) has raised gross proceeds of £16mln through an oversubscribed share placing to support a planned multi-well drill programme designed to advance the Liberator North Sea oil field towards production, with drilling slated to start in the area in June. The AIM-listed independent oil and gas company said 43,243,243 ordinary shares were placed at an issue price of 37p each.
Haydale Graphene Industries PLC (LON:HAYD) has picked up an additional £1.8mln from an open offer to add to the £4mln it raised from a placing and subscription. The composite material and graphene specialist said the take-up of the open offer was 44.6% including an over-allotment option.
Bluebird Merchant Ventures PLC (LON:BMV) expects to hear in around two weeks whether its application to re-open the Gubong mine in Korea has been approved. The miner expects to be asked for clarification on some issues but is confident it can answer these.
Pre-tax profits for Mineral and Financial Investments Ltd. (LON:MAFL) rang in at £722,000 for the six months to 31 December 2018. That equates to 2p per share.
ClearStar Inc. (LON:CLSU), the technology and service provider to the background check industry, announced that Ken Dawson, its chief information officer has sold an aggregate of 198,000 ordinary shares in the company in two transactions - 10,000 shares sold on 7 March 2019 at a price of 61p each; and 188,000 shares sold on 11 March 2019 at a price of 55p each. The group said, following these transactions, Dawson holds 4,090,000 ordinary shares in the company, representing 11.3% of the issued share capital.
The Marketing Group PLC (NASDAQ OMX:TMG), which trades as RYVL, announced that following the completion of the acquisition of Blockchain Nordic, Jesper Ohlenschlaeger has been appointed as the company’s executive chairman and interim chief executive officer with immediate effect. The group said Ohlenschlaeger replaces Adam Graham who has resigned from the Board to pursue other business opportunities.
Connemara Mining Company PLC (LON:CON), the Irish gold and zinc exploration and development company, said its shareholders approved the resolution to change the name of the company to Arkle Resources PLC at today’s extraordinary general meeting.
In a separate statement, Connemara Mining said it has been notified that natural resources investor Metal Tiger PLC (LON:MTR) has increased its holding in the company to 7.308% of the issued share capital, up from 4.275% previously.
IronRidge Resources Limited (LON:IRR), the African focused minerals exploration company, said it will be holding a shareholder update meeting and presentation followed by a Q&A session on 2 April 2019, at 6:00 pm (UK local time), at 1 America Square, 17 Crosswall Street, London EC3N 2LB.