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3 stories mentioning GEX.LUpdated 2m ago

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Equities

Georgina Energy Agrees Aboriginal Land Rights Deal for Mt Winter Prospect in Australia

Georgina Energy (GEX.L) said Wednesday it entered an Aboriginal land rights agreement with the Central Land Council covering exploration permit EP155, which hosts the Mt Winter helium-hydrogen-natural gas prospect in Australia.Under the agreement, the helium and hydrogen explorer plans to expedite the prospect re-entry and development program at Mt Winter, as well as its Hussar project. It will also need to complete the settlement with Mosman Oil & Gas, including an AU$300,000 payment, upon the formal granting of the permit.The agreement will be presented to traditional owners for approval before being submitted to the Minister of the Northern Territory Department of Mines and Energy.

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Equities

Georgina Energy Raises GBP1 Million via Share Placing

Georgina Energy (GEX.L) raised 1 million pounds sterling through a share placing to fund its work programs and for general working capital needs.The helium, hydrogen, and natural resources developer issued 20 million ordinary shares at 0.05 pound apiece, according to a Monday release.The shares will start trading on the London stock exchange's main market on Friday.

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Equities

Georgina Energy Terminates Acquisition Deal With Central Petroleum

Georgina Energy (GEX.L) and Central Petroleum Ltd. terminated their November 2025 share purchase agreement, according to a Wednesday filing.Central Petroleum sought to exercise its right to terminate the deal, which covers Georgina Energy's acquisition of certain of its subsidiaries, after the companies failed to agree on the proposed amendments to the contract.The helium and hydrogen exploration company said it will continue to pursue its strategic objectives and will provide further updates in due course.

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