Anglesey Mining plc raised £768,230 after issuing 22,595,000 new ordinary shares, representing 10% of the company’s current issued share capital, at 3.4 pence each. NEW SHAREHOLDERS The placing price represents a discount of 5.6% to the closing price on 7 October 2021. The investors include chief executive Jo Battershill who subscribed, via his company JJB […]
Tag: finance and funding
IOG raises £8.5m via placing-subscription
IOG plc raised £8.5 million through a placing and subscription of 33,800,000 new ordinary shares each at a price of 25 pence with existing and new investors. BOARD AND PDMR Certain directors and persons discharging managerial responsibilities (PDMRs) have entered into direct subscription agreements with the company for a total of 200,000 shares raising approximately […]
Power Metal receives £43,750 via warrant exercise
Power Metal Resources plc received £43,750 following notices to exercise warrants over 6,250,000 new ordinary shares of 0.1 pence each in the company. The warrant shares are each being issued at an exercise price of 0.7 pence.
EnQuest borrows $750m for Golden Eagle
EnQuest plc has signed a new senior secured borrowing base debt facility for $750 million (£531 million) to refinance the Golden Eagle acquisition in the Central North Sea. The new facility is for $600 million with an additional $150 million for letters of credit for up to seven years. EnQuest said it would allow the […]