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The UK Economy

Zeta Petroleum secure $2m loan from GM Investment

12 Sep 2014 @ 06:23
A$2 million Convertible Loan Agreement Zeta Petroleum plc (ASX-ZTA:AU), the ASX listed oil and gas company with production, appraisal and exploration assets in onshore Romania, has entered into an agreement with its major shareholder, GM Investment & Co Limited whereby GMI will provide a A$2,000,000 convertible loan to the Company. The term of the GMI […]
 

Bluefield Solar Income Fund to acquire Target Portfolio?

10 Sep 2014 @ 06:26
150 million New Ordinary Shares and/or C Shares, proposed amendment of Articles of Incorporation and Notice of Extraordinary General Meeting. The Board of Bluefield Solar Income Fund Limited has announced that the company’s wholly-owned UK subsidiary, Bluefield SIF Investments Limited, has entered into a conditional contract to acquire the Target Portfolio through the acquisition of...
 

Magnolia secures fresh $6m credit facility

10 Sep 2014 @ 06:19
New US$6 million Credit Facility Secured Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has secured a new US$6 million two year Credit Facility with improved terms. This replaces the Company’s existing US$5 million facility, the details of which were announced on 22 October 2013. Combined with […]
 

African Potash intersects mineralisation at Lac dinga

10 Sep 2014 @ 06:15
First Exploration Drill Hole Completed Intercepts Potash Mineralisation African Potash, the AIM listed company focused on sub-Saharan potash assets, has successfully intersected potash mineralisation at its Lac Dinga Potash Project in the Republic of Congo. LDDH_001 drill hole is the first of two holes to be completed within the Project area. Highlights: · LDDH_001 intersected […]
 

Mariana Resources options 4km Peru prospect

09 Sep 2014 @ 03:41
Mariana Options Strategic RurimaracGold Property Mariana Resources Ltd, an AIM quoted exploration and development company focused in Peru, southern Argentina and Chile, announces it has entered into an option to earn up to 70% of two potentially strategic gold tenements, located in the prospective Cordillera Negra metallogenic province in Peru. The Rurimarac Properties are located […]
 

EURGBP opens the week with bullish gap ahead of Scotland Independence's referendum

08 Sep 2014 @ 09:48
The EURGBP opened the week with a bullish gap above the 200- day moving average, so this pair could begin to fall in the next few hours. The EURGBP could perform a retracement to the daily pivot point level of 0.7936, which is below 200- day mobile average. If the EURGBP manages to make a […]
 

Noricum talk gold, Austria and equity

07 Sep 2014 @ 22:55
Exploration Update at Schonberg Project and Issue of Equity Noricum Gold Limited, the Austrian focused gold exploration and development company, has said that mobilisation has commenced for the Company’s initial 3,000 metre drill programme at the 100% owned Schonberg Gold and Precious Metals Project. The Company’s recently completed soil sampling campaign at Schonberg produced...
 

Air BP purchases SFR Aviation

04 Sep 2014 @ 04:06
Plans to expand in Scandinavia Air BP today announced its agreement to purchase the aviation fuel business, Statoil Fuel & Retail Aviation AS (SFR Aviation), from Canadian company Alimentation Couche-Tard Inc. The deal will add around 73 new airports in the Nordic countries and Northern Europe to Air BP’s 600-strong global fuels network. The deal, […]
 

Capital for Colleagues forms ‘specialist employee ownership advisory company'

02 Sep 2014 @ 06:48
Creation of Employee Ownership Advisory Company Capital for Colleagues, the ISDX-quoted investment vehicle focused on opportunities in the Employee Owned Business sector, has co-founded Capital for Colleagues Ownership Partners, a new advisory business to increase its reach and provide additional advice and support to EOBs or companies looking to become employee owned. The new specialist...
 

Northcote acquires working interest in Alta Loma Field

02 Sep 2014 @ 06:35
A 37.5% working interest Northcote (LSE:NCT) has agreed to acquire a 37.5% working interest in the Alta Loma Field from Springer Oil & Gas LLC . The Alta Loma Field is a 444 gross acre (net 167 acres) property located in Galveston county, Texas and is operated by Frankfurt Stock Exchange listed Activa Resources AG […]
 
 
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