Corcel agrees farm-out of Australia's Mt Weld project

4th Jan 2023 16:23

(Sharecast News) - Natural resources explorer and developer Corcel has entered into a farm-out and joint venture agreement with ASX-listed Riversgold, it announced on Wednesday, covering its recently-acquired rare earth elements project at Mt Weld in Laverton, Australia.

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Corcel offloads interest in Aylesbury gas peaking project

16th Nov 2022 14:18

(Sharecast News) - Natural resources explorer and developer Corcel has sold its 40% interest in the Tring Road 50 MW gas peaking project outside of Aylesbury to Terra Firma, it announced on Wednesday.

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Corcel expands Dempster focus to include nickel exploration

7th Jun 2022 11:51

(Sharecast News) - Natural resource explorer and developer Corcel announced on Tuesday that it has now, subject to minority investor approval, expanded the focus of the Dempster vanadium project in which it has a 50% interest.

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Corcel surges as it inks deal with ASIP investment fund

28th Apr 2022 12:10

(Sharecast News) - Battery metals-focussed resource explorer and developer Corcel announced the signing of a heads of terms with the "large-scale" UK investment fund Altana Social Impact Partnership (ASIP) on Thursday, to fund its current and future UK energy storage and generation projects.

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Corcel confirms extensions to gas peaker project deals

4th Feb 2022 14:18

(Sharecast News) - Natural resources explorer and developer Corcel updated the market on its interest in two UK gas peaker assets on Friday.

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Two rigs arrive for drilling at Caracal Gold's Kilimapesa project

26th Nov 2021 10:11

(Sharecast News) - East Africa-focussed Caracal Gold announced the arrival of its two drill rigs on-site ahead of its diamond and reverse circulation drilling programmes on Friday.

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Corcel acquires PNG project through Niugini Nickel acquisition

18th Oct 2021 11:16

(Sharecast News) - Battery metals and energy storage-focussed exploration and development company Corcel has completed a share purchase agreement with Australian-registered Resource Mining Corporation (RMI), it said on Monday, to acquire 100% of Niugini Nickel.

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Corcel acquires 'shovel ready' Avonmouth gas peaking project

28th May 2021 08:58

(Sharecast News) - Natural resource exploration and development company Corcel said on Friday that it has acquired the "shovel ready" Avonmouth 50-megawatt gas peaking project outside of Bristol from FPC Electric Land.

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Corcel acquires stake in 'shovel ready' gas peaking project

10th May 2021 08:10

(Sharecast News) - Exploration and development company Corcel said on Monday that it had acquired a 40% interest in the "shovel ready" Tring Road gas peaking project outside of Aylesbury from Arlington Energy.

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Corcel defers grid connection obligations at Burwell

5th May 2021 11:50

(Sharecast News) - Battery metals-focussed exploration and development company Corcel updated the market on its operations on Wednesday, reporting progress on the Burwell energy storage project, with grid connection obligations extended to December.

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Telit Communications CEO continues to grow holding

8th Jul 2014 16:01

The Chief Executive and founder of Telit Communications has continued to expand his stake in the group with another two sizeable purchases. Oozi Cats, who last week spent £210.43m on shares, has this week made the more modest purchase of 200,000 shares in a deal worth £430,000, alongside the acquis

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Numis Chief reduces stake with sale of 3m shares

11th Jun 2014 15:50

Oliver Hemsley, the Chief Executive Officer of Numis, has traded in three million shares, reducing his stake by almost a quarter to 9.4m. The 270p-a-share disposal generated £8.1m. The sale comes around one month after the group posted a 59% jump in first half revenue at £51.5m. Adjusted pre-t

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Barclays downgrades Caracal after 'light' takeover offer from Glencore Xstrata

15th Apr 2014 09:21

Barclays has downgraded its rating for Canada-based Caracal Energy from 'overweight' to 'underweight' after Glencore Xstrata's takeover offer for the Chad-focused oil and gas explorer. Glencore said it would pay 550p per share for Caracal, valuing the group at £800m, representing a 61% premium to i

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Glencore Xstrata to take over Caracal Energy for 800m pounds - UPDATE

14th Apr 2014 13:25

Commodities trader and resources group Glencore Xstrata is to buy Chad-focused oil and gas explorer Caracal Energy for around 800m pounds in cash, sending shares in the latter soaring on Monday. As part of the agreement, Canada-based Caracal has pulled out of its proposed merger with TransGlobe Ene

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Caracal Energy secures debt financing

7th Apr 2014 08:14

Caracal Energy has secured 140m dollars in debt financing to develop the company's assets in the Republic of Chad. The group has signed a reserve based senior secured facility with a syndicate of lenders led by Natixis and Societe Generale Corporate & Investment Banking. Caracal has an option to

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