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
Read morePaternoster Resources' half year pre-tax profit rises
16th Sep 2016 14:16
(ShareCast News) - Oil and gas investment company Paternoster Resources' pre-tax profit increased as the company sold shares in existing mining investments. For the six months ended 30 June, profits after tax rose 61.5% to £443,170, compared to the same period in last year. The investment portfolio
Read morePaternoster Resources bits off chunk of Palemos
11th Aug 2016 11:36
(ShareCast News) - Paternoster Resources announced on Thursday that it has acquired 375 million shares in Polemos at a price of 0.04p per share from existing shareholders, for an aggregate consideration of £0.15m. The AIM-traded company said this represents a shareholding in the company of 24.6%. I
Read moreAlecto Minerals agrees financing deal and DBO for Zambia gold mine
13th Apr 2016 11:13
(ShareCast News) - Alecto Minerals has agreed a financing deal for the construction of its Matala gold project in Zambia. AIM-listed Alecto has agreed partnerships with Chinese mining engineer Yantai Xinhai Machinery and South Africa's PenMin to cover the development and operations of the project.
Read morePaternoster Resources appoints Amanda van Dyke as non-exec director
6th Apr 2016 15:30
(ShareCast News) - AIM-listed Paternoster Resources has appointed specialist fund manager Amanda van Dyke as a non-executive director of the company. Van Dyke is currently at Peterhouse Asset Management. Previously, she has worked for Dundee Securities, Ocean Equities and GMP as a mining specialist
Read morePaternoster teams up with Littoral Oil and Gas for new project in Algeria
2nd Jun 2015 08:41
AIM-listed Paternoster Resources shares got a boost on Tuesday after it announced a deal with Littoral Oil and Gas for a new project. The two firms will jointly evaluate, acquire and develop oil and gas assets, beginning in Algeria. Littoral has spent the past year evaluating existing subsurface da
Read morePaternoster Resources completes £242,000 share placing
30th Dec 2014 08:13
Mining and energy investor Paternoster Resources completed a share placing to raise £242,250 and admitted 95m shares to trading on AIM on Tuesday. Paternoster, which has stakes in companies such as Metal Tiger and Plutus Powergen, plans to use the proceeds of the placing at 0.255p per share to devel
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