(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Corcel PLC - oil exploration and production in Angola and Brazil - Raises GBP1.1 million via placing at 0.34 pence per share. The placing is led by Toronto-based Purpose Global Resource Fund, who joins as a new institutional shareholder. The round also included follow-on investment from Charlestown Energy Partners, based in New York. Corcel Chief Executive Scott Gilbert, Executive Director and Chief Strategy Officer Geraldine Geraldo, Independent Non-Executive Chair Pradeep Kabra, and Independent Non-Executive Director Andrew also participated in the placing, collectively subscribing for 9.6% of the total amount raised. Proceeds are to be deployed towards the execution of a 2D seismic programme at KON-16, onshore Angola in the third quarter. Read More
Corcel PLC - oil exploration and production in Angola and Brazil - Three directors buy a total of 45.0 million shares, all at 0.3 pence, worth GBP135,000. Chief Executive Officer Scott Gilbert buys 25.0 million shares and now has 75.5 million, a 1.4% stake. Non-Executive Chair Pradeep Kabra and Executive Director Geraldine Geraldo each buy 10.0 million shares and now have 24.1 million and 114.7 million shares, respectively. Read More
Corcel PLC - oil exploration and production firm - conditionally acquires an additional 30% gross interest in its operation Block KON-16 in the Kwanza Basin, onshore Angola, from a joint venture partner. The deal was made via subsidiary Atlas Petroleum Exploration Worldwide Ltd and is subject to government approval. Corcel also announces the signing of a binding heads of terms with Sintana Energy Inc, for the sale of a 5% net interest in Block KON-16 to Sintana at a price of USD2.5 million. The deal also involves a joint study and bid agreement with Sintana, which will target further opportunities in Angola. The two agreements, when completed, will increase Corcel's net interest in Block KON-16 to 71.5% from 49.5%. Read More
(Alliance News) - London stocks were muted at midday on Wednesday, as the UK government is urged by the chair of a parliamentary committee to reassess its reliance on the US for security. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and Tuesday, and not separately reported by Alliance News: Read More
Corcel PLC - Angola and Brazil focused energy company - Pretax loss widens to GBP3.0 million in the year to June 30 from GBP1.3 million a year prior. No revenue reported, unchanged. Bottom line hurt by increase in administrative expenses to GBP2.6 million from GBP1.4 million. Says key priorities include: advancing the exploration program on KON-16; expanding the footprint in Brazil through strategic acquisitions targeting near-term production; strengthening partnerships and working closely with the operator in Angola to maximize the value of KON-11 and KON-12; maximising value potential from Battery Metals and Rare Earth assets. Read More
(Alliance News) - Corcel PLC appointed Richard Lane as Chief Operating Officer on Tuesday, alongside new independent non-executive chair Pradeep Kabra. Read More
(Alliance News) - Corcel PLC on Monday said it has entered into a deal to buy into a gas field in Brazil. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - Corcel PLC on Friday said Antoine Karam will step down from the role of non-executive chair and Andrew Fairclough will pick up the role on an interim basis. Read More