Finance Metals & Minerals News

Scotgold Resources suspends trading on AIM

Scotgold Resources Ltd temporarily stopped trading today at the company’s own request pending clarification of the company’s financial position. The company’s ordinary shares of no par value stop trading from 7.30am on AIM at its own request. In March, Scotgold raised concerns over its future following low gold grades, lack of funding, rising losses and […]

Finance Metals & Minerals News

Ormonde to exit AIM-Euronext in Canada acquisition

Ormonde Mining plc plans to cancel its AIM and Euronext Growth Market listings as part of its proposed investment via a subscription in a Canadian gold-copper explorer. RULES The company became an AIM Rule 15 cash shell in October 2022 and was required to make an acquisition or acquisitions constituting a reverse takeover (RTO) on, […]

Finance Metals & Minerals News

Golden Metal raises £1.98m and begins trading on AIM

Golden Metal Resources plc raised £1.98 million via a placing and subscription for the start of its trading today on the alternative investment market (AIM). TERMS The fundraise, through issuing 23,317,643 new ordinary shares of £0.01 each, is part of the admission process. Placing shares totalled 12,449,208 new ordinary shares and subscription shares totalled 10,868,435. Every two […]

Metals & Minerals News

Anglesey Mining starts trading on AIM

Anglesey Mining plc today announced it had started trading on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). APPROVAL Admission of the company’s shares to trading on the Main Market of the LSE and to the premium listing of the Official List will simultaneously cancel. Anglesey Mining received approval from shareholders for […]