Altona Rare Earths plc has raised £500,000 ahead of its application for admission to the standard segment of the Official List and trading on the London Stock Exchange’s (LSE) Main Market. FUNDRAISE The company raised the funds via a placing of 6.25 million ordinary shares at 8 pence each, to satisfy its working capital requirement […]
Tag: fundraise
Cornish Tin raises £900,000
Cornish Tin Ltd said the entire allocation of shares for a fundraise had sold out after reaching £900,000 for its Great Wheal Vor project near Breage. Chief executive Sally Norcross-Webb added that the raise, opened at 10am today to those who had previously expressed interest, resulted in an oversubscription of more than 250%.
Altona raises £1.25m from placing
Altona Rare Earths plc has raised £1.25 million before expenses from a “significantly over subscribed” placing. Funds raised will be used for evaluating and developing projects in Africa.
Power Metal raises £123,000 through warrant exercise
Power Metal Resources plc raised £123,000 following notices to exercise warrants over 16,500,000 new ordinary shares of 0.1 pence each. The warrant shares are being issued pursuant to the exercise of 15,000,000 warrants at an exercise price of 0.75 pence per ordinary share of 0.1 pence each in the company (ordinary share) and 1,500,000 warrants at an exercise price of 0.70p per […]
Kavango raises £12,500 through warrant exercise
Kavango Resources plc raised £12,500 after receiving notices to exercise warrants over 1,250,000 new ordinary shares of £0.001 each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of warrants granted and announced on 15 April 2020.
Power Metal raises £63,158 through warrant exercise
Power Metal Resources plc has raised £63,158 after receiving notices to exercise warrants over 8,421,053 new ordinary shares of 0.1 pence each (warrant shares). The warrant shares are being issued pursuant to the exercise of 8,421,053 warrants at an exercise price of 0.75 pence per ordinary share of 0.1 pence each.