Finance Metals & Minerals News

Alba raises £192,522 via retail offer

Alba Mineral Resources plc has conditionally raised approximately £192,522 before expenses via a “significantly oversubscribed” retail offer, exceeding its target of £100,000.

The company issued 550,063,457 new ordinary shares of 0.01 pence each in the company at 0.035 pence per share.

Following admission, Alba’s total number of ordinary shares in issue will be 9,725,510,695, with voting rights.

The company holds no ordinary shares in treasury.