Metals One PLC MET1

Chariot Ltd (AIM:CHAR, OTC:OIGLF) is doubling down on oil production in Angola with a second major transaction alongside Etu Energias and BW Energy. CEO Adonis Pouroulis says the deal follows February's transaction involving Etu Energias and Azule Energy interests in the same blocks. Metals One PLC (AIM, FRA, OTCQB) has secured a £4 million loan facility from a fund managed by Yorkville Advisors to accelerate its gold-focused growth. MD Daniel Maling says it means the company can grow without diluting shareholders at depressed prices. Rome Resources Plc (AIM:RMR) has seen contained tin at its

Metals One PLC (AIM, FRA, OTCQB) managing director Daniel Maling spoke with Proactive’s Stephen Gunnion about the company’s new £4 million senior loan facility from YA II PN, a fund managed by Yorkville Advisors Global. Maling explained why the company opted for debt rather than an equity raise at current share prices, and how the funding will help accelerate its gold-focused acquisition, exploration and development programme. He said the facility gives Metals One greater financial flexibility by leveraging its balance sheet rather than issuing equity at what he described as depressed prices.