17 February 2021 Jangada Mines plc, a natural resources company, is pleased to note the announcement released on 16 February 2021 by TSX-V listed ValOre Metals Corp. ( ValOre ), in which Jangada holds a 18.03 per cent interest. The announcement has been reproduced exactly as reported below and can be viewed in full on ValOre s website using the following link: http://valoremetals.com/news-media/news-releases/2021/valore-announces-upsize-of-non-brokered-private-placement-to-8-point-33-million Vancouver, British Columbia, February 16, 2021 - ValOre Metals Corporation. ( ValOre ) (TSX-V: VO) today announced the intent to increase the size of the previously announced non-brokered private placement on January 29, 2021 from C$3,600,000 to C$8,330,000. The Company will issue up to 27,766,666 units for total gross proceeds of up to C$8,330,000 ( Private Placement ).
Perseverance #1 - Completion of Drilling
BPC, the
Caribbean and Atlantic margin focused oil and gas company, with production, appraisal, development, and exploration assets across the region, provides the following update on the drilling of its Perseverance #1 well in The
Bahamas.
· The Perseverance #1 well in The
Bahamas has encountered hydrocarbons, successfully validated the structural model and the petroleum system, and drilled a majority of the potential reservoirs of interest, thus fulfilling the core technical objectives of the well
· Whilst the well encountered oil, indicated from LWD (Logging while drilling) tools, gas chromatography and mud logs, commercial volumes of oil have not been proven at this well location
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
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