Ortac Resources narrows loss as it strives towards revenue
16th Dec 2016 14:39
(ShareCast News) - Exploration and development company Ortac Resources announced its unaudited financial results for the six months to 30 September on Friday - a period in which it recorded nil revenue, but did narrow its loss before tax to £0.25m from £0.34m. The AIM-traded firm was kept busy, howe
Read moreOrtac Resources moves to maintain 19.5% stake in Casa Mining
19th Oct 2016 11:15
(ShareCast News) - Ortac Resources has subscribed for a further 62,500 shares at $50,000 total in Casa Mining Ltd to maintain its 19.5% stake after Premier African Minerals acquired a 4.5% shareholding. Premier African's investment of $250,000 valued Casa at about $5.57m. Based on this, Ortac's inte
Read moreOrtac increases holding in CASA Mining
12th Aug 2016 15:49
(ShareCast News) - Exploration and mine development company Ortac Resources updated the market on its investment in CASA Mining on Friday. The AIM-traded company said CASA is a private company registered in Mauritius that holds prospective gold mining and exploration licences in the Democratic Repub
Read moreOrtac shares soar on positive Slovakia court ruling
11th Jul 2016 15:13
(ShareCast News) - Shares in Ortac Resources soared on Monday after the company said it had won an appeal over opposition to its Slovakian project. The AIM- listed exploration and mine development company said the decision concerned a judicial proceeding brought against the District Environmental Of
Read moreOrtac Resources raises GBP800m in discounted share placing
21st Oct 2015 10:31
(ShareCast News) - AIM-listed exploration and mine development company Ortac Resources has raised £400,000 in a discounted share placing. The company said it placed 800m new shares at 0.05p each and the funds will be used to further develop its existing portfolio of mineral projects and for working
Read moreOrtac Resources announces more investment for Zamsort
1st Oct 2015 10:24
(ShareCast News) - AIM-listed exploration and mine development company Ortac Resources said Zamsort, in which it has acquired secured convertible loan notes, has raised a further $2m (£1.3m) from Kopara Investments. Ortac said the investment into Zamsort takes Kopara's interest in the share capital
Read moreOrtac Resources to boost stake in Zamsort
25th Aug 2015 12:51
(ShareCast News) - AIM-listed Ortac Resources has exercised an option to acquire a bigger stake in Zambia-based Zamsort Ltd. The exploration and mine development company said it will exercise its option to invest a further $600,000 in Zamsort through a convertible loan note. This brings the total in
Read moreOrtac curbs losses on lower impairment charges -
12th Aug 2014 16:23
Ortac Resources, the AIM-listed exploration and development company, curbed its loss in its last financial year as it booked lower impairment charges during the year, the group announced on Tuesday. The London-listed company with assets in Slovakia and Eritrea is yet to produce any revenue but repo
Read moreGKN director sells shares released from deferred bonus plan
27th Feb 2014 16:04
Marcus Bryson, the Chief Executive of Aerospace and Land Systems at GKN, this week traded in all 53,278 of the shares he was awarded under the company's deferred bonus plan. The shares, which were released following a two-year deferral, were sold at 411p a go, earning the director a total of £218,
Read moreYouGov directors sell shares for 'financial planning purposes'
29th Jan 2014 16:20
Two senior members of the YouGov board of directors have this week reduced their holdings in the company for 'personal tax and financial planning purposes', the market research firm revealed. The biggest disposal came from Doug Rivers, the company's Chief Innovations Officer, who sold 141,360 shar
Read moreBramall sells over 20m shares in Lookers
16th May 2013 15:39
Anthony Bramall, the long-time investor of motor trade investor and non-Executive Director of Lookers, has significantly reduced his stake in the car dealer for 'domestic reasons'. Bramall traded in 20.85m shares at an average price of 99.832p each, banking his family £20.8m. "The company has be
Read moreOrtac Resources reports completion of ?turec pre-feasibility study
8th Apr 2013 07:58
Ortac Resources, a Europe-based exploration and development company, has announced the successful completion of a pre-feasibility study of the ?turec project, a component of the combined precious metals centre, geothermal heating and integrated tourism project due to be unveiled this month. The st
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