Tlou Energy Limited (LON:TLOU) has hailed a “highly active” year as it delivered its results following its selection as a preferred bidder to develop a coal bed methane (CBM) power plant in Botswana.
Providence Resources PLC (LON:PVR) has confirmed a further extension of the backstop date for the payment due from Chinese farm-out partner APEC, and, has also now paid a contracted mobilisation fee for an upcoming well site survey for Barryroe.
Thor Mining PLC (LON:THR)(ASX:THR) has appointed Mark Potter to the board as a non-executive director. Potter has a strong track record in mining finance. He is currently a director of Metal Tiger Plc (LON:MTR), and was formerly chief investment officer at Anglo Pacific Group PLC (LON:APF), the London-based mining royalty specialist.
Eco Atlantic Oil & Gas Ltd (LON:ECO, CVE:EOG) has kicked off the Joe-1 exploration well in the Orinduik block offshore Guyana.
Faron Pharmaceuticals Oy (LON:FARN) said it has raised £2.3mln from its open offer and share subscription with existing investors contributing £920,000 to the total.
A year of uninterrupted operation of a fuel cell electrode developed by AFC Energy PLC (LON:AFC) and Italy’s De Nora has indicated that it can expect to have a continuous-use life expectancy of at least four years.
Adamas Finance Asia Ltd (LON:ADAM) is restructuring its equity and debt interests in Hong Kong Mining Holdings, the special purpose vehicle holding its interest in Linfen Zhuangpeng Magnesium Co. Ltd.
MOD, in which Metal Tigers holds a 10.48% stake, said in an announcement to the Australian Stock Exchange on Tuesday that Botswana’s Department of Environmental Affairs (DEA) had finalised its assessment of an environmental and social impact assessment (ESIA) for the T3 project and was about to release it for public review.