Paternoster Resources subscribes for Glenwick shares

6th Feb 2017 14:42

(ShareCast News) - Shares in Paternoster Resources are down 5% after it subscribed for £130,000 worth of new shares in Glenwick Plc at 0.05p each, providing the latter with funds for general working capital and to progress its proposed buy of Cora Gold Ltd. Glenwick said earlier today it had entered

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Glenwick to buy Cora Gold as it pivots to mining sector

6th Feb 2017 08:13

(ShareCast News) - AIM-listed investment firm Glenwick is to buy explorer Cora Gold for shares equivalent to about 91% of its enlarged share capital, as the company pivots towards the mining sector. The acquisition of Cora Gold, which was established by Hummingbird Resources and Kola Gold in 2016 to

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Glenwick investment i3 acquires operator interest at Liberator

10th Jan 2017 14:58

(ShareCast News) - UK-based oil and gas exploration and production company i3 Energy, itself an investment of the AIM-traded firm Glenwick, announced on Tuesday the acquisition of a 100% operated interest in the Liberator field, effective 28 December 2016. The firm said the field was an oil discover

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Glenwick's losses narrows as cash shell plumps up board

8th Aug 2016 14:23

(ShareCast News) - Investment company Glenwick's losses narrowed for the first six months of the year while it restructured its board. For the six months ended 30 June, the company cut losses to £160,000 from about £5.5m in 2015. During the half-year period, which saw it walk away from a potenti

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Glenwick tumbles after walking away from reverse takeover talks

22nd Jun 2016 15:11

(ShareCast News) - Glenwick has resumed trading after directors walked away from much-anticipated talks about a potential reverse takeover deal, sending its shares tumbling. The AIM-listed company's shares were suspended on 23 May following speculation about a deal. Glenwick confirmed at the time i

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Glenwick suspends shares ahead of expected reverse takeover deal

23rd May 2016 10:24

(ShareCast News) - Cash shell Glenwick has suspended trading of its shares as it nears its much-anticipated reverse takeover in the natural resources sector. The suspension request was made by the company from 1020 BST on Monday, pending an announcement. In March, management raised £0.5m from inves

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