Power Metal Resources plc raised £87,500 after receiving notices to exercise warrants over 12,500,000 new ordinary shares of 0.1 pence each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of 12,500,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each.
Tag: fundraise
Kavango raises £60,000 via director subscription
Kavango Resources plc raised £60,000 from a director subscription for 1,090,911 new ordinary shares in the company on the same terms at the placing announced yesterday (5 July). Chief executive Ben Turney subscribed for 727,274 new ordinary shares (363,637 in his name and 363,637 through private company Dynamic Investor Relations, 70% of which Mr Turney […]
Chesterfield raises £800,000 via placing
Chesterfield Resources plc raised £800,000 from a placing of 8,000,000 new ordinary shares with new and existing investors at 10 pence per placing share. The revised figure is an increase from the amount announced last Thursday (1 July) of £750,000. The new ordinary shares will represent 7.8% of the issued ordinary share capital of Chesterfield prior to the […]
UKOG raises £5m via placing
UK Oil & Gas plc (UKOG) has raised approximately £5 million through a placing of 2,763,888,878 new ordinary shares (placing shares). The placing’s issue price of 0.18 pence per share represents approximately a 22% discount to the closing price of the company’s ordinary shares on 01 July 2021, the business day prior to the placing’s […]
Kavango Resources raises £1.94 million through placing
Kavango Resources plc has raised £1.94 million through the placing of 35,272,727 new ordinary shares at a price of 5.5p. A one-for-one warrant has been issued to all placing participants, at 8.5p per share for a period of two years.
Kavango raises £36,704 through warrant exercise
Kavango Resorces plc received £36,704.53 following notices to exercise warrants over 863,636 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 on 1 December 2020.