El Romeral Approval Granted & Issue of CLN Prospex Energy PLC, the AIM quoted investment company focused on European gas and power projects, is pleased to announce, further to previous notifications, that regulatory approval has been received for the acquisition of a 49.9% interest in El Romeral, an integrated gas production and power station operation in southern Spain ( El Romeral or the Project ). In addition, the Company announces the issue of a £ 415,838.28 convertible loan note and associated warrants to new and certain existing investors, along with certain members of the Board and staff in settlement of deferred stipends and salaries as a result of the COVID-19 pandemic.
ValOre Drills Near-Surface PGE Mineralization at Trapia 2 Target, Pedra Branca:
45.62 metres grading 0.54 g/t 2PGE+Au from 9.10m and 52.15 metres grading 0.49 g/t 2PGE+Au from 4.85 metres Vancouver, B.C. ValOre Metals Corp. ( ValOre ; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, the Company ) today announced assay results for eight Trapia 2 core drill holes at ValOre s 100%-owned Pedra Branca Platinum Group Element ( PGE ) Project in northeastern Brazil. The target ultramafic ( UM ) Trapia 2 intrusion was intercepted in all eight core holes drilled, establishing geological continuity well beyond the currently defined resource area. Near surface mineralization was intersected along strike to the northeast and southwest of this existing resource, and mineralization remains open in all directions.
UK Regulatory Announcement: Execution of Share Purchase Agreement acrofan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from acrofan.com Daily Mail and Mail on Sunday newspapers.
Execution of Share Purchase Agreement
Metal Tiger plc (AIM: MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to announce that Cobre Limited (“Cobre”) and the shareholders of Kalahari Metals Limited (“KML”) (the “KML Vendors”) (together the “Parties”) have executed a Share Purchase Agreement (the “SPA”) in respect of the conditional acquisition by Cobre of 51% of the issued share capital of KML (the “Transaction”).
The terms of the SPA are generally consistent with the binding Heads of Agreement previously entered into by the Parties, as announced by Metal Tiger on 24 August 2020, 22 October 2020 and 20 November 2020. Metal Tiger is one of the KML Vendors and currently has a 62.17% equity interest in KML. In addition, Metal Tiger currently holds an 18.79% equity interest in Cobre.