Share Name Share Symbol Market Type Share ISIN Share Description
Metalnrg Plc LSE:MNRG London Ordinary Share GB00B15FS791 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 0.15 1,102,786 08:00:17
Bid Price Offer Price High Price Low Price Open Price
0.14 0.16 0.15 0.15 0.15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -1.86 -0.22 2
Last Trade Time Trade Type Trade Size Trade Price Currency
14:25:18 O 996,469 0.14601 GBX

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Date Time Title Posts
21/6/202211:27MetalNRG Plc - gold cobalt uranium 2020673
04/10/202121:08MetalNRG 1,209
20/10/202015:17Metal NRG - The NEX Exchange Cobalt Explorer3

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Metalnrg (MNRG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2022-06-24 13:25:190.15996,4691,454.94O
2022-06-24 12:36:260.166,3179.95O
2022-06-24 08:34:470.15100,000146.10O
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Metalnrg (MNRG) Top Chat Posts

Metalnrg Daily Update: Metalnrg Plc is listed in the Mining sector of the London Stock Exchange with ticker MNRG. The last closing price for Metalnrg was 0.15p.
Metalnrg Plc has a 4 week average price of 0.15p and a 12 week average price of 0.14p.
The 1 year high share price is 0.70p while the 1 year low share price is currently 0.14p.
There are currently 1,135,219,460 shares in issue and the average daily traded volume is 3,074,563 shares. The market capitalisation of Metalnrg Plc is £1,702,829.19.
block4gooner: Join the hunt for answers.Very simplySend an email with you name and no of shares (and custodian account number if applicable) to the lawyer who served the original notice: Dear Ramona,As discussed with PierpaoloRocco and Ed Spencer who are current signatories on the MNRG requisition notice, I would also like to join the requisition and therefore provide my details as follows such that you can send me a digital copy of the requisition for electronic signature.lName:Corporate name (If applicable):Nominee account detail (if applicable): HL XXXNo of shares:
tomboyb: If this is a sign for MNRG then it does look like MNRG now have a strong case to start with -
tomboyb: MetalNRG PLC Legal Proceedings Update 08/06/2022 7:01am RNS Non-Regulatory TIDMMNRG MetalNRG PLC 08 June 2022 8 June 2022 MetalNRG plc Update on legal proceedings taken by Mr Pierpaolo Rocco against the Company in the Scottish Courts MetalNRG plc (the "Company") announces that Sheriff Philip Mann has issued his judgement in the case brought by Mr Rocco (a former director of the Company) in the Scottish Sheriff's Court in which he sought a "declarator" (effectively a court confirmation) and certain other court orders for payment against the Company, on the basis of a service agreement between the parties relating to Mr Rocco's now-terminated employment with the Company. Specifically, Mr Rocco sought: (1) payment of a termination payment in the sum of GBP50,000; (2) confirmation that indemnity provisions for legal expenses contained in the service agreement extended to cover Mr Rocco's legal costs in the action brought by the Company in the High Court in England and Wales against him, Brit Energy Holdings LLP and BritNRG Limited on an unrestricted and unlimited basis; and (3) payment of his legal expenses in the action brought against him by the Company in the sum of GBP100,899.24 and continuing. Sheriff Mann denied all of the applications made by Mr Rocco, confirming (as the Company had argued) that (1) the termination payment could only be due in circumstances in which Mr Rocco was a "good leaver"; and (2) the indemnity could not be construed to extend to allow Mr Rocco to take legal advice or recover his costs relating to his own breach of the service agreement or behaviour and that any alternative construction would also be incompatible with the general principle that a person should not be entitled to benefit from his own breach of contract. This ruling effectively disposes of Mr Rocco's claims in the Sheriff's Court and the Company expects to make an application for its costs in this matter against Mr Rocco at a case management hearing scheduled for 21 June 2022. Mr Rocco has now brought a separate claim in the Scottish Employment Tribunal for, inter alia, wrongful and unfair dismissal. The Company will vigorously defend this action when it is heard. The Company is currently awaiting a date for the hearing of its application for summary judgment against Brit Energy Holdings LLP and BritNRG Limited in the proceeds brought by it against those entities and Mr Rocco personally. The fact that the summary judgment application does not extend to Mr Rocco is merely a technical procedural matter; if the Company obtains summary judgment against Brit Energy Holdings LLP and BritNRG Limited this will dispose of the action against two of the three defendants to that action in short order and will allow the Company to streamline the case as regards Mr Rocco personally. The Company will provide further updates on the application for summary judgement in due course. END Contact details: MetalNRG plc Rolf Gerritsen Christopher Latilla-Campbell +44 (0) 20 7796 9060 Corporate Broker PETERHOUSE CAPITAL LIMITED Lucy Williams/Duncan Vasey +44 (0) 20 7469 0930 ---------------------- Corporate Broker SI CAPITAL LIMITED Nick Emerson +44 (0) 1483 413500 ---------------------- This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END NRAGZGGVGRLGZZG (END) Dow Jones Newswires June 08, 2022 02:01 ET (06:01 GMT)
excellance: Rocco holds all the aces. I think BritNRG will RTO MNRG for buttons and sack Rolf.
excellance: Because it is Rocco's fees and legal expenses that could bankrupt MNRG as well as Rolf's wages.
excellance: Powerful letter, but probably also misleading. I think Rolf is an absolutely disastrous CEO and has no clue what he's doing, and he is paid way too much. I don't trust Rocco either. Between them MNRG will either go bust or be diluted to oblivion, and others will run away with gold ridge.
block4gooner: ?BritNRG Limited205 followers1hUpdate from BritENERGY Holdings LLP (LLP): - We (LLP), BritNRG Limited (Brit), and Pierpaolo Rocco (PR) are currently, along with our legal team, preparing robust and comprehensive defences to the rescission claim raised by MNRG, illuminating the entire fact-set of the dispute surrounding MNRG's rescission action. At present we have until 18 March to lodge defences. - As we have said previously, there is a lot to the story here and we had intended to present a detailed narration of the relevant facts today. However, on the advice of our legal team, we have decided to present that on a similar time-scale to the filing of our defences. The same fact-set is relevant to separate claims which we intend to bring to court against MNRG and its Directors. - We are confident in our defences to the MNRG rescission action and remain perplexed by its commercial rationale from MNRG's perspective. The legal proceedings already raised against MNRG and those still to come are founded on clear facts and solid arguments and will represent claims of a value in excess of the claim currently made by MNRG. - We should also note that we remain pragmatic and open to a fair settlement in light of all the facts of this unfortunate dispute, in the interests of all shareholders and stakeholders. But settlement can only be achieved if all parties can resolve to take a fair, pragmatic and commercial approach. Anything less and matters will simply escalate in yet further litigation. As said above, more updates will be released in due course. Sincerely, LLP et al
excellance: To whom it may concern. Public Announcement in Relation to Recent MetalNRG PLC RNS and Align Research Note The board of BritNRG Limited (BritNRG) would like to clarify a number of incorrect and misleading statements contained in the recent Align research coverage initiated and published on Tuesday 18 January 2022 by MetalNRG PLC (MNRG). MNRG has never ‘owned’ 50% of BritNRG due to their failure to provide adequate and timely funding as required by the contractual agreements between MNRG PLC, BritNRG, and BritENERGY Holdings LLP. The assertion that our director and CEO, in respect to his status as a ‘person of significant control’ of BritEnergy Holdings LLP, gives cause to voiding the commercial transactions of April 2021 (not April 2020 as mis-stated in the Align research note), in which MNRG acquired 190 shares in BritNRG and an option for further 150 shares (to be exercised upon listing of the company), is entirely fabricated and appears to be malicious in intent. Such transactions were solicited by MNRG management, were negotiated by the MNRG CEO and executed by the Chairman and CEO of MNRG. Accordingly, MNRG paid the agreed consideration to BritENERGY Holdings LLP. MNRG management now refuses to take legal ownership of the shares, despite the evidence and the payments, in what we reasonably believe to be an attempt to maintain their baseless threats of claims against our CEO and associates. The statement that MNRG invested £1.2m in BritNRG, being somehow the metric for the sum-of-the-parts MNRG valuation for recommendation purposes, is a fabrication and in our view should not be relied upon. For clarity, BritNRG was not in receipt of these funds and MNRG failed to meet their financing obligations under the contractual agreement as referred above. The statement that MNRG has “embarked upon legal proceedings” is also false. To our knowledge, no proceedings have been raised to date by MNRG against our CEO, BritNRG, or BritENERGY Holdings LLP. Our view is that MNRG has no good legal claims to make in any such (alleged) proceedings. We should however note that there is an action lodged in the courts in relation to this dispute, in which MNRG is currently the defendant. This is not disclosed in the Align research note. In summary, the continued distortion of facts, evidently for some commercial or market perception purposes, are or will likely be the subject of a number of actions against MNRG who, for clarity, currently hold no equity interest in BritNRG Limited due to a number of failings and choices by, and only by, the current management of MNRG. The Board of Directors For and on behalf of BritNRG Limited
block4gooner: Conclusion There are plenty of good reasons to invest in MetalNRG. We believe the shares are very lowly priced and so all the opportunity looks to be pretty well on the upside. The company is involved in two very interesting metals along with green energy. The board seem to be masters of getting deals financed and looking at sectors where there are good business drivers for value creation. Gold looks extremely interesting in the coming years with mounting inflationary pressures, with the uranium price just beginning to show its spurs after a decade in the doldrums. Meanwhile, green energy is seeing a lot of money coming into the sector and all the leading technology seems to be in Europe, which is ahead of the game. MetalNRG's road to obvious value creation looks likely to be paved with a series of announcements. Lots of activity means lots of news, so there is no doubt that an impressive news flow is on the cards. Over the coming months it is expected that the company will be able to advise the market on growing potential for Gold Ridge with news on the results of the geochemical sampling programme and the next steps as the project heads towards the identification of drilling targets and drilling. At the same time, news could erupt any time from Kyrgyzstan, but is dependent on the government action concerning the reinstatement of the mining licences which were suspended by the previous government. The developing story here seems to be that the new government has a greener agenda and sees this project as environmental clean-up of farmland allowing the land to be rehabilitated. All of which ought to see a reappraisal of IMC in light of its rapidly changing fortunes. Further announcements are expected on progress at the EQTEC Italia development which is expected to come on stream this year with the prospect of the first dividend being received by the company in early 2023. This is expected to be followed by MetalNRG outlining its planned involvement in further EQTEC projects across Europe. A resolution of the BritNRG issues would reduce uncertainties and potentially also free up capital to accelerate the move into green energy which is likely to be well received by investors. We look forward to being given the chance to update our valuation going forward as more flesh gets put on the bones of the company's out and out growth structure. We initiate coverage of MetalNRG with a Speculative Buy stance and a share price target of 1.2p.
tomboyb: MetalNRG PLC Conditional Equity Placing 17/03/2021 7:00am UK Regulatory (RNS & others) Metalnrg (LSE:MNRG) Intraday Stock Chart Wednesday 17 March 2021 Click Here for more Metalnrg Charts. TIDMMNRG RNS Number : 4836S MetalNRG PLC 17 March 2021 THIS ANNOUNCEMENT, INCLUDING THE INFORMATION CONTAINED IN IT, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("EUWA")) ("UK MAR"). IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN UK MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED WITHIN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF INSIDE INFORMATION (AS DEFINED UNDER UK MAR). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THOSE PERSONS THAT RECEIVED INSIDE INFORMATION IN A MARKET SOUNDING ARE NO LONGER IN POSSESSION OF SUCH INSIDE INFORMATION, WHICH IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN. 17(th) March 2021 MetalNRG plc (The "Company" or "MetalNRG") Conditional Equity Placing MetalNRG plc (LSE:MNRG), the natural resource investing and exploration company, announces that it has raised GBP2.3 million before expenses, through a conditional placing ("the Placing") of 385,000,000 new Ordinary Shares of 0.01p each (the "Placing Shares") at a price of GBP0.006 per share (the "Placing Price") representing a discount of approximately 10% to the Company's closing mid-market share price on 9(th) March, when the Placing was arranged. The Placing Shares will have warrants attached on a one for one basis with an exercise price of GBP0.01 and an exercise period of 24 months from date of issue. The Placing was arranged by Peterhouse Capital Limited and SI Capital Limited as joint brokers for the Company. The Placing & Admission The Placing Shares will be issued credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares. The Placing is conditional upon: (i) approval by the FCA, and publication, of a prospectus relating to the Company; and (ii) admission of the Placing Shares to the standard segment of the official list of the FCA and to trading on the main market for listed securities of the London Stock Exchange plc ("Admission"). A further announcement concerning the expected date of the publication of the prospectus and timetable for Admission will be made in due course. Admission of the shares is anticipated to be in April subject to approval of the prospectus. Use of funds will be for the further development of the Company's Gold Ridge gold project in Arizona, as outlined by the Competent Persons Report completed by SRK Exploration Services which will be available on the Company's web site. SRK have outlined an initial two staged follow up programme of structural and geological mapping and concurrent historical data validation and compilation. Funds will also be destined to complete the initial funding of BritNRG and for further development of BritNRG assets in Lincolnshire, specifically one side-track drilling of an existing shut-in well to create an additional producer at Whisby and the reprocessing and reinterpretation of seismic and geology at Newton on Trent and Reepham in view of potential development in 2022/23. The person who arranged for the release of this information is Rolf Gerritsen, the Company's Chief Executive Officer. IMPORTANT INFORMATION This announcement does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any securities in the United States, Canada, Australia, Japan or the Republic of South Africa or in any other jurisdiction in which such offer or solicitation is unlawful, prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction. The distribution of this announcement and other information in connection with the placing and admission in certain jurisdictions may be restricted by law and persons into whose possession this announcement, any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. Neither this announcement nor any part of it nor the fact of its distribution shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever. Peterhouse Capital Limited and SI Capital Limited, which are authorised and regulated in the United Kingdom by the Financial Conduct Authority, are acting exclusively for the Company as brokers in connection with the Placing and Admission and will not be responsible to any other person for providing the protections afforded to customers of Peterhouse Capital Limited and SI Capital Limited or advising any other person in connection with the placing and admission. Apart from the responsibilities and liabilities, if any, which may be imposed on Peterhouse Capital Limited and SI Capital Limited by the Financial Services and Markets Act 2000, as amended or the regulatory regime established under it, Peterhouse Capital Limited and SI Capital Limited do not accept any responsibility whatsoever for the contents of this announcement, and no representation or warranty, express or implied, is made by either Peterhouse Capital Limited and SI Capital Limited with respect to the accuracy or completeness of this announcement or any part of it and no responsibility or liability whatsoever is accepted by Peterhouse Capital Limited or SI Capital Limited for the accuracy of any information or opinions contained in this announcement or for the omission of any material information from this announcement. This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will", or "should" or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include matters that are not historical facts. They appear in a number of places throughout this announcement and include statements regarding the directors' current intentions, beliefs or expectations concerning, among other things, the Company's results of operations, financial condition, liquidity, prospects, growth, strategies and the Company's markets. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Actual results and developments could differ materially from those expressed or implied by the forward-looking statements. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements in this announcement are based on certain factors and assumptions, including the directors' current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Company's operations, results of operations, growth strategy and liquidity. Whilst the directors consider these assumptions to be reasonable based upon information currently available, they may prove to be incorrect. Save as required by applicable law or regulation, the Company undertakes no obligation to release publicly the results of any revisions to any forward-looking statements in this announcement that may occur due to any change in the directors' expectations or to reflect events or circumstances after the date of this announcement. Neither the content of the Company's website nor any website accessible by hyperlinks on the Company's website is incorporated in, or forms part of, this announcement. Product Governance Requirements Solely for the purposes of the product governance requirements contained within the FCA Handbook Product Intervention and Product Governance Sourcebook (the "UK Product Governance Rules"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any 'manufacturer' (for the purposes of the UK Product Governance Rules) may otherwise have with respect thereto, the Placing Shares have been subject to a product approval process, which has determined that the Placing Shares are: (i) compatible with an end target market of (a) retail clients, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the EUWA, (b) investors who meet the criteria of professional clients as defined in Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA and (c) eligible counterparties as defined in the FCA Handbook Conduct of Business Sourcebook ("COBS"); and (ii) eligible for distribution through all distribution channels as are permitted by Directive 2014/65/EU (the "UK Target Market Assessment"). Notwithstanding the UK Target Market Assessment, distributors should note that: the price of the Placing Shares may decline and investors could lose all or part of their investment; the Placing Shares offer no guaranteed income and no capital protection; and an investment in the Placing Shares is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The UK Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Placing. Furthermore, it is noted that, notwithstanding the UK Target Market Assessment, Peterhouse Capital Limited and SI Capital Limited will only procure investors who meet the criteria of professional clients and eligible counterparties. For the avoidance of doubt, the UK Target Market Assessment does not constitute: (a) an assessment of suitability or appropriateness for the purposes of COBS 9A and COBS 10A, respectively; or (b) a recommendation to any investor or group of investors to invest in, or purchase, or take any other action whatsoever with respect to the Placing Shares. Each distributor is responsible for undertaking its own target market assessment in respect of the Placing Shares and determining appropriate distribution channels. This announcement is not being distributed by, nor has it been approved for the purposes of section 21 of the Financial Services and Markets Act 2000, as amended ("FSMA") by, a person authorised under FSMA. This announcement is being distributed and communicated to persons in the United Kingdom only in circumstances in which section 21(1) of FSMA does not apply. Persons needing advice should consult a qualified independent legal adviser, business adviser, financial adviser or tax adviser for legal, financial, business or tax advice. For further information, please contact: METALNRG PLC - Rolf Gerritsen (Chief Executive +44 (0) 20 7796 Officer) 9060 Joint Brokers: -------------------- PETERHOUSE CAPITAL LIMITED +44 (0) 20 7469 Guy Miller / Duncan Vasey / Lucy Williams 0930 -------------------- SI CAPITAL LIMITED Nick Emerson +44 (0) 1483 413500 -----------------
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