Finance News

Conroy Gold raises £43,750 through warrant exercise

Conroy Gold and Natural Resources plc said it had received £43,750 following notices to exercise warrants over a total of 125,000 ordinary shares of €0.001 each (ordinary shares) at an exercise price of 35 pence per ordinary share (warrant shares). The warrants (financing warrants) were issued as part of the fundraising announced by the company […]

Finance Metals & Minerals News

Cornish Metals raises £8.2m via placing and subscription

Cornish Metals Inc said it had conditionally raised £8 million through a placing and subscription of common shares with new and existing investors. The Canadian company added that an additional investment of approximately £206,000 was made through an offer to high-net investors. The total amount reached £8.2m (CA$14.37m). Cornish Metals announced last Friday (5 February) […]

Finance Metals & Minerals News

Condor Gold raises £28,546 through warrant exercise

Condor Gold plc today announced it had received £28,546 following notices to exercise the remaining warrants issued by the company in February 2019. PRIVATE PLACEMENT The company issued 92,083 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p per share. In February […]

Finance Metals & Minerals News

Power Metal receives £125,450 in warrant exercise

Power Metal Resources plc said it had received subscription monies of £125,450 following notices to exercise warrants over 13,295,000 new ordinary shares of 0.1 pence each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of 10,795,000 warrants at an exercise price of 1.0 pence per ordinary share of 0.1 […]

Finance Metals & Minerals News

Altona Energy share placing to raise £523,000

Altona Energy plc announced it had received subscription letters in respect of a further fundraising of approximately £523,000 before expenses, at an issue price of 6.5 pence per share. The company today said it had received £168,214 from the new investors and issued 2,587,909 new ordinary shares. The balance of the funds, £355,139, is expected […]

Finance News Oil & Gas

Reabold Resources’ share placing raises £7.5m

Reabold Resources plc announced it had received £7.5 million by way of a placing and subscription of new ordinary shares of 0.1p each. A total of 890,909,093 ordinary shares have been placed with new and existing institutional investors and a total of 472,727,270 ordinary shares have been subscribed for by certain directors and institutional investors, […]