Karelian Diamond Resources plc has raised £328,747 through a 38.8% discounted placing. USES The placing comprised 21,916,479 ordinary shares of €0.00025 each, at 1.5 pence perordinary share. Certain parties also capitalised amounts owed to them totalling £25,252.75 by the issue of 1,683,516 new ordinary shares at the issue price. Each placing share and investment share […]
Tag: finance
Altona conditionally raises £1.29m
Altona Rare Earths plc has conditionally raised £1,290,000 via a subscription and two loans to progress its African projects. PROSPECTUS The 1.2% discounted subscription for 39,000,000 new ordinary shares of 1 pence each in the company raised £390,000. Altona additionally secured two loans of £600,000 and £300,000. Of the combined amount raised, private investor Tracarta […]
Power Metal looks for Molopo funding
Power Metal Resources plc is exploring financing to progress its Molopo Farms Complex in southwest Botswana. INVESTMENT The company previously drilled hole DDH1-14C which intersected the steeply dipping geophysical superconductor at the high priority target area T1-14. Power Metal collected eight samples from 828.4m to 832.6m end of hole which remains open at depth. “Significant […]
Capricorn restarts share buyback
Capricorn Energy plc has restarted the US$25 million share buyback, first announced on in May 2023, of which $21m has to date been repurchased. The company said that the share buyback aimed to reduce its share capital, with the purchased shares to be held in treasury. Capricorn is authorised to purchase a maximum 10,815,854 existing […]
Corcel raises £500,000
Corcel plc has raised £500,000 from the issue of 500,000,000 new ordinary shares of £0.0001 at £0.001 per ordinary share with high net worth investors. The fundraise follows Extraction Srl and a third-party’s inability to provide funds within time for the 15 April equity placing. The 180,000,000 ordinary shares and 180,000,000 warrants which were due to be issued to the […]
Golden Metal receives £136,858 via warrant exercise
Golden Metal Resources plc received £136,858.86 following notices to exercise warrants over 805,052 new ordinary shares of 1 pence each in the company at 17p per warrant share. On admission, Golden Metal’s issued share capital will comprise 109,832,217 ordinary shares of 1p each, with voting rights. The transaction was on 14 June.