Top 5 Most Read RNS's on Vox Markets for Friday 24th February 2023
Episode 1209, Feb 24, 2023, 07:55 AM
Top 5 Most Read RNS's on Vox Markets for Friday 24th February 2023
5. Contango Holdings - Interim Results
£7.5 million raised in October 2022 at 6p to support the Lubu Coal Project to first coking coal production from Q1 2023.
MOU signed with a leading Multi-National Company for collaboration across coking coal and manufacture of coke at Lubu.
Operating loss for the period was £1,786,947m.
4. IOG PLC #IOG - Board Changes
IOG announces that Fiona MacAulay, who has been Chair of IOG since December 2018 has chosen not to stand for re-election as a director of the Company at the 2023 Annual General Meeting, which is expected in May. She will therefore be retiring as Chair and resigning as a Director following the AGM.
It is the Board's intention that, following the AGM, Esa Ikaheimonen will become Chair of IOG initially on an interim basis.
3. Alien Metals #UFO - Exploration and Corporate Update
Alien Metals announce that it has today published an updated presentation which is available on the Company's website, www.alienmetals.uk.
Included in the presentation is a timeline for the development of the Hancock Project in 2023 which includes the objective of concluding a deal with Anglo America in Q3, along with a Native Title Agreement also targeted to conclude in Q3 with operations commencing thereafter. Furthermore an updated MRE on the Sirius Extension is expected in Q2 2023.
2. Canadian OverSeas Petroleum #COPL - Conversion of Bond Payments
Canadian Overseas Petroleum has issued 20,390,014 common shares pursuant to the share settlement option exercised by certain Bondholders for settlement of approximately $1.7 million of Conversion Payment amounts due in respect of two converted 2024 Bonds and 11 converted 2025 Bonds.
1. Cineworld Group #CINE - Update on Chapter 11 cases
Cineworld has been in discussions with its key stakeholders with a view to developing a plan of reorganisation that maximises value for the benefit of moviegoers, the Group and all other stakeholders, taken as a whole, in the long term.
The Company does not believe that there will be sufficient creditor support for a Plan that contemplates any recovery for equity interests, and it is therefore not expected at this time that any Plan will provide any recovery for holders of Cineworld's existing equity interests.
5. Contango Holdings - Interim Results
£7.5 million raised in October 2022 at 6p to support the Lubu Coal Project to first coking coal production from Q1 2023.
MOU signed with a leading Multi-National Company for collaboration across coking coal and manufacture of coke at Lubu.
Operating loss for the period was £1,786,947m.
4. IOG PLC #IOG - Board Changes
IOG announces that Fiona MacAulay, who has been Chair of IOG since December 2018 has chosen not to stand for re-election as a director of the Company at the 2023 Annual General Meeting, which is expected in May. She will therefore be retiring as Chair and resigning as a Director following the AGM.
It is the Board's intention that, following the AGM, Esa Ikaheimonen will become Chair of IOG initially on an interim basis.
3. Alien Metals #UFO - Exploration and Corporate Update
Alien Metals announce that it has today published an updated presentation which is available on the Company's website, www.alienmetals.uk.
Included in the presentation is a timeline for the development of the Hancock Project in 2023 which includes the objective of concluding a deal with Anglo America in Q3, along with a Native Title Agreement also targeted to conclude in Q3 with operations commencing thereafter. Furthermore an updated MRE on the Sirius Extension is expected in Q2 2023.
2. Canadian OverSeas Petroleum #COPL - Conversion of Bond Payments
Canadian Overseas Petroleum has issued 20,390,014 common shares pursuant to the share settlement option exercised by certain Bondholders for settlement of approximately $1.7 million of Conversion Payment amounts due in respect of two converted 2024 Bonds and 11 converted 2025 Bonds.
1. Cineworld Group #CINE - Update on Chapter 11 cases
Cineworld has been in discussions with its key stakeholders with a view to developing a plan of reorganisation that maximises value for the benefit of moviegoers, the Group and all other stakeholders, taken as a whole, in the long term.
The Company does not believe that there will be sufficient creditor support for a Plan that contemplates any recovery for equity interests, and it is therefore not expected at this time that any Plan will provide any recovery for holders of Cineworld's existing equity interests.