Each unit in the third tranche comprises one ordinary share plus one half of one ordinary share purchase warrant. Each whole warrant from the third tranche is exercisable for one share at per cent of the unit price per share for three years from the date of issue. Xcite said in June the financing will further strengthen the company’s balance sheet at an important time in the development of the Bentley field in the North Sea. The current focus of operations is the pre-production testing programme, which includes a 90 day flow test, which has been underway since early July. Mining Capital’s Alastair Ford joins Proactive’s Katie Pilbeam to discuss how China’s multiple stimulus measures are helping to boost the mining industry as a whole. Silver is often forgotten due to Gold’s stardom yet Ford notes that the commodity is also performing especially well. Data delayed 15 minutes unless otherwise indicated. Terms of use. Sign in. News Sections.

Xcite Energy adds Boston-based Global Resource to shareholder register

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Xcite Steps Earns BHCOE Accreditation

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