Tom Frew

Alecto Minerals (LSE:ALO), an AIM quoted mining exploration company focussed on West and East Africa, has commenced work at the company’s 945.5 sq km Wayu Boda Gold Project, located on the Adola Greenstone belt in southern Ethiopia. The project is held under joint venture with Centamin plc, which is required to fund US$1.8 million to […]

Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has received notification pursuant to the Financial Conduct Authority’s Disclosure and Transparency Rules that, following the completion of the Open Offer and the resultant increase in the Company’s total […]

Mariana Resources, an AIM quoted exploration and development company focused in Peru and southern Argentina, have issued positive results from its scout drilling programme at its 102 sq km Condor de Oro copper-gold-molybdenum project, located along the prolific Cordillera del Condor gold-copper belt in Northern Peru. The latest drill hole CDOYE-5 has yielded the strongest […]

North River has announced that it has raised approximately £1,025,000 through a conditional placing of 170,833,333 new Ordinary Shares of £0.002 each at a price of 0.6 pence per Ordinary Share (the “Placing”). The Placing, which was conducted through Pareto Securities Limited, was over-subscribed. The net procceds of the Placing will be applied towards completion […]

North River Resources have announce a drill-for-equity agreement with the owner of the drilling and mining contractor operating at the Company’s flagship Namib Lead-Zinc Project in Namibia. Under the terms of this agreement, which also establishes an important local partnership for the Company, Mr. Wilhelm Shali, will be paid in shares of North River rather […]

Ariana Resources, a gold exploration and development company focused on Turkey, has conditionally raised £770,000 (before expenses) by way of a subscription for 85,555,556 ordinary shares of 0.1p each at a price of 0.9p per share. Highlights: – Lanstead Capital L.P. (“Lanstead”) has maintained its approx. 25% shareholding in the Company through the subscription of […]

The Amsterdam market of Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE:ICE), today saw the launch of trading in Rabobank Certificates (NYSE:RABO). The Rabobank Certificates are deeply subordinated investment products that enable investors to participate in Rabobank, an international financial service provider operating on a cooperative basis. The certificates...

Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE:ICE), have announced the launch of an enlarged suite of Single Stock Futures on a range of its most liquid Euronext listed stocks. The launch enhances the existing offering of individual equity options, index futures and options. This initiative will offer market participants a broader choice of […]

Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE:ICE), has announced the launch of a multicurrency trading service for Exchange Traded Funds (ETFs), including for the first time on a U.S. or European exchange, the Chinese Yuan Renminbi (CNY) and the Hong Kong Dollar (HKD), subject to approval of relevant clearing authorities. The new service […]

New World Oil and Gas Plc, an oil and gas operating company focused on Denmark and Belize, has secured a six-month extension in work programme commitment deadlines for Licences 1/09 and 2/09 at its Danica Jutland Project in Western Denmark. This extension was reportedly discussed with Danica Jutland ApS and the Danish North Sea Fund, […]