SolGold said it had entered agreements to place almost 22 million shares at £0.035 per share with UK institutional and other third-party investors, raising AUD1.14m in the process. The company said it intended to use the funds to continue its exploration and project development efforts across projects in the Solomon Islands, Ecuador and Australia.
Edenville Energy, the African energy exploration and development company, rose 5% on Monday morning after it announced "very encouraging" results from analysis of its Mkomolo deposit on the Rukwa Coalfield project in south western Tanzania. The company said he results would have a positive impact on its resource statement when it is updated in 2013.
Solo Oil said it was looking for a partner to participate in the next phase of exploration and appraisal at its Ruvuma product sharing agreement in Tanzania. The firm, which holds a 25% working interest in Ruvuma, said majority stakeholder Aminex had appointed investment bank FirstEnergy Capital to manage the farm-out of up to 50% of the two companies' respective working interests.
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Football fans issued warning over ticket scams ahead of 2026 World CupSantander customers lost more to football scams in the first six months of 2025 compared to the same period in 2024, when total losses surged due to the Euros
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Nationwide fined £44 million over “inadequate” anti-money laundering systemsFailings in Nationwide’s financial crime processes between October 2016 to July 2021 meant one criminal was able to deposit £26 million from fraudulent Covid furlough payments in just eight days.
