Angus Energy plc said it today raised £750,000 through the placing of 115,384,611 ordinary shares to certain institutional and other investors at 0.65 pence per share. The placing price represents a discount of approximately 10.3% to the closing price of 0.725 pence per ordinary share on 2 December 2021. USES Proceeds will go towards its […]
Finance
Power Metal raises £61,250 via warrant exercise
Power Metal Resources plc has today raised a further £61,250 after receiving notice to exercise warrants over 8,750,000 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 8,750,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each.
Power Metal receives £43,750 via warrant exercise
Power Metal Resources plc received notices to exercise warrants over 6,250,000 new ordinary shares of 0.1 pence each in the company, for £43,750. The warrant shares have an exercise price of 0.7 pence per ordinary share.
Cora Gold raises £4.25m via placing-subscription
Cora Gold Ltd has conditionally raised £4,250,000 before expenses through a placing and subscription. The fundraise was of 42,500,000 new ordinary shares of no par value at a price of 10 pence per ordinary share.
Cornish Lithium to receive up to £18m from TechMet
Cornish Lithium Ltd is to receive up to £18 million from technology metals investment company TechMet Ltd. TERMS The investment, subject to shareholder approval, will be in two tranches raising up to £18m at a weighted average subscription price of 16.12 pence per share. Tranche one sees the South African investor subscribe for £9m new […]
Horizonte raises £147.4m via placing
Horizonte Minerals plc said it had raised approximately £147.4 million (US$197m) through a placing, an offering and subscriptions. The equity fundraise comprises: . 606,123,712 new ordinary shares in a UK placing, raising some £42.4m · 126,072,398: Canadian offering (£8.8m) · 74,738,416: Glencore subscription (£5.2m) · 533,845,825: Orion subscription (£37.4m) · 759,128,764: Mancha subscription (£53.2m)