Metalnrg Share Discussion Threads

[tomboyb] 27/8/2019 09:17

Good to see u here Comedy -

Listed at 0.30p it main market company -

Gold Ridge project / have PILBARA project for cobalt -

[comedy] 27/8/2019 08:24

just seen this tom...can you give me a background???looks undervalued??? thanks in advance

[tomboyb] 15/8/2019 10:59

The Gold Ridge project was acquired at 1.75p -

This is now a main market listed company at significantly lower than that value -

Requires a bit of news but with Gold going up explorers will get some traction -

[tomboyb] 15/8/2019 10:48

MetalNRG PLC Issue of Equity and Director's Shareholding
15/08/2019 7:01am
UK Regulatory (RNS & others)

Metalnrg (LSE:MNRG)
Intraday Stock Chart
Today : Thursday 15 August 2019

Click Here for more Metalnrg Charts.
TIDMMNRG

RNS Number : 1083J

MetalNRG PLC

15 August 2019

15 August 2019

MetalNRG plc

("MetalNRG" or the "Company")

Issue of Equity and Director's Shareholding

MetalNRG (LON:MNRG), the natural resource investing company, today announces that, pursuant to the terms of a service agreement entered into between the Company and Rolf Gerritsen, MetalNRG's CEO, the Company has issued and allotted a bonus award of 2,500,000 ordinary shares of 0.01p each (the "New Shares") to Rolf Gerritsen at a price of 0.3p per share being the average mid-market price in the 5 business days prior to 7 August 2019.

Following the issue of the New Shares, Rolf Gerritsen's shareholding is as follows:


Director Ordinary Shares % of ISC New Ordinary Shares % of ISC
prior to the Shares issued post issue of
issue of New New Shares
Shares
Rolf Gerritsen 6,650,000 2.23% 2,500,000 9,150,000 3.05%
--------------- -------- -------------- --------------- --------

Issue of Equity

The New Shares are expected to be admitted to trading on the Main Market of the London Stock Exchange on or around 20 August 2019.

[the deacon] 13/8/2019 14:32

Just needs to release some news. This is way below most radars at the moment, but as soon as people realise this is only a £800k mcap or so it'll fly

[tomboyb] 13/8/2019 12:43

Gold stocks going up -

A bit of an overhand but expect this to follow suit at some point -

[tomboyb] 09/8/2019 10:17

Gold evidently going higher short and medium term

MNRG - 11g/tonne -

Saw these last hitting 3.5p to 4p on nex -

[tomboyb] 09/8/2019 10:14

Twitter -

MetalNRG Plc
@MetalNRGplc
·
42m
#MNRG #Gold #Arizona #USA
◼️ The #GoldRidge Project
◾️ Mineralised quartz veins in thick stock work zones within large regional shear zone
◾️ Open to depth and laterally
◾️ Past producer: 22,000 oz of gold historically produced from small mines at grades 11 g/t per ton

[tomboyb] 06/8/2019 12:18

MNRG new listing on the MAIN MARKET -

Last I saw these was around 3.5p-4.0p mark on NEX -

[goneawol] 25/7/2018 17:46

ACQUISITION OF GOLD RIDGE PROJECT

Rolf Gerritsen Chief Executive Officer of MetalNRG PLC commented:

"I am delighted to announce this transaction which will be the Company’s first major acquisition. The acquisition of Gold Ridge in Arizona comes at a time when there is an increasing interest in gold production opportunities and when Arizona mining in general is drawing particular interest after South32’s recent bid to acquire Arizona Mining for US$1.3billion.

With the Gold Ridge transaction we acquire significant acreage, a range of mining claims and three former producing mines in one package and we look forward to developing the Project and looking at the opportunity to bring the mines back into production.

Alongside this acquisition, MetalNRG is examining other opportunities in the same geographic area and further acquisitions may be considered in due course.

I expect further updates will be released to the market in the near term on the advancement of Gold Ridge and any further acquisition opportunities that we may wish to pursue."

[goneawol] 01/6/2018 16:21

RNS - Warrants & business update.

Rolf Gerritsen Chief Executive Officer of MetalNRG Plc commented: “The Company is delighted with the support received via the early exercise of warrants by existing shareholders, showing ongoing support for the Company and its plans going forward.

With the cash at bank and tradable investments held, the Company is in a robust financial position to move forward proactively.

This is undoubtedly an exciting phase for the Company and notably we see a shift to the Main Market with tremendous improvement in trades liquidity that it can provide, as a major step forward.

We were disappointed to not win the ballot in respect of the E46/1170 application; however, given the areas we have been advancing recently, we consider this to be not material in the context of our wider plans.

We hope to provide a number of further updates to the market in the near term articulating our plans and specific actioned items.”

[goneawol] 10/5/2018 22:22

More Rolf..

[goneawol] 07/5/2018 12:13

Rolf Gerritsen's recent brief presentation..

[goneawol] 28/4/2018 20:27

Rolf Gerritsen..

[arlissfry] 11/4/2018 16:55

Rolf Gerritsen and Gervaise Heddle will be presenting and answering questions on MetalNRG in London next week:
hxxps://www.eventbrite.co.uk/e/thor-mining-plc-metalnrg-plc-african-battery-metals-plc-legendary-investments-plc-tickets-44832242444

[arlissfry] 11/4/2018 16:55

Rolf Gerritsen and Gervaise Heddle will be presenting and answering questions on MetalNRG in London next week:
hxxps://www.eventbrite.co.uk/e/thor-mining-plc-metalnrg-plc-african-battery-metals-plc-legendary-investments-plc-tickets-44832242444

[goneawol] 23/3/2018 11:48

MetalNRG has entered into a binding option agreement to sell it's 15.38% stake in US Cobalt Pty Ltd, the owner of Goodsprings Cobalt and Base Metals Project USA, to Tyranna Resources Limited, an ASX listed exploration company (ASX: TYX).

[goneawol] 15/11/2017 08:10

Interim results

[paularuss] 30/10/2017 16:25

TIDMMNRG

MetalNRG plc

("MetalNRG" or the "Company")

30 October 2017

Holdings in Company

MetalNRG plc (NEX:MNRG) the natural resource investing company quoted on the
NEX Exchange Growth Market in London announces that the Company has today
received notification from Andrew Neal that he owns 7,246,000 ordinary shares,
representing 5.20% of the issued share capital of the Company.

The Directors of the Company accept responsibility for the contents of this
announcement.

Contact details:

MetalNRG plc
Paul Johnson (Chief Executive Officer) [phone]



NEX Exchange Corporate Adviser [phone]
PETERHOUSE CORPORATE FINANCE LIMITED
Guy Miller
Mark Anwyl

Corporate Broker [phone]
SI CAPITAL
Nick Emerson
Andy Thacker

Notes for Editors:

MetalNRG is quoted on the NEX Exchange Growth Market in London with the stock
code MNRG and is a natural resource investing company.

NEX Exchange:

Investors wishing to consider trading in NEX Exchange Growth Market quoted
shares can access this market from numerous brokers, a full list of which can
be accessed through the following link:

hxxp://www.nexexchange.com/for-investors/find-a-broker/

The list accessed through the link above includes certain brokers offering
online trading of NEX Exchange quoted shares.

The Investing Policy of the Company is as follows:

The Company's Investing Policy is to invest in and/or acquire companies and/or
projects within the natural resources and/or energy sector with potential for
growth and value creation, over the medium to long term. The Company will also
consider opportunities in other related sectors if the Board considers there is
an opportunity to generate an attractive return for Shareholders. This will
include natural resource technologies and fintech opportunities offering
leverage to resource identification, processing, recording, storage and trading
businesses.

Where appropriate, the Board may seek to invest in businesses where it may
influence the business at a board level, add their expertise to the management
of the business, and utilise their significant industry relationships.

The Company's interests in a proposed investment and/or acquisition may range
from a minority position to full ownership and may comprise one investment or
multiple investments. The proposed investments may be in either quoted or
unquoted companies; be made by direct acquisitions or farm-ins; and may be in
companies, partnerships, earn-in joint ventures, debt or other loan structures,
joint ventures or direct or indirect interests in assets or projects.

The Board may focus on investments where intrinsic value can be achieved from
the restructuring of investments or merger of complementary businesses. The
Board expects that investments will typically be held for the medium to long
term, although short term disposal of assets cannot be ruled out if there is an
opportunity to generate an attractive return for Shareholders. The Board will
place no minimum or maximum limit on the length of time that any investment may
be held. The Company may be both an active and a passive investor depending on
the nature of the individual opportunity.

Where the Company builds a portfolio of related assets it is possible that
there may be cross-holdings between such assets. The Company does not currently
intend to fund any investments with debt or other borrowings, but may do so if
appropriate. Investments in early stage assets are expected to be mainly in the
form of equity, with debt potentially being raised later to fund the
development of such assets. Investments in later stage assets are more likely
to include an element of debt to equity gearing. The Board may also offer new
Ordinary Shares by way of consideration as well as cash, thereby helping to
preserve the Company's cash for working capital and as a reserve against
unforeseen contingencies including, for example, delays in collecting accounts
receivable, unexpected changes in the economic environment and operational
problems.

The Board will conduct initial due diligence appraisals of potential business
or projects and, where they believe further investigation is warranted, intend
to appoint appropriately qualified persons to assist. The Proposed Board
believes its expertise will enable it to determine quickly which opportunities
could be viable and so progress quickly to formal due diligence. The Company
will not have a separate investment manager. The Company proposes to carry out
a comprehensive and thorough project review process in which all material
aspects of a potential project or business will be subject to rigorous due
diligence, as appropriate.



END


(END) Dow Jones Newswires

[kennyruss] 27/10/2017 09:55

only took you 7 minutes to bite, too easy..