Altona Rare Earths plc raised £177,700 before expenses, through the issue of 1,480,836 new ordinary shares at an issue price of 12 pence per share, a 29% premium to the closing share price on 18 June 2021. The company is issuing 740,419 warrants, on a one warrant for every two shares purchased basis, to the […]
Tag: fundraise
Kavango raises £36,704 through warrant exercise
Kavango Resources plc has received £36,704 following notices to exercise warrants over 863,637 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.
Cora Gold raises £3.1m via subscriptions
Cora Gold Ltd said it had conditionally raised £3,132,937.50 million (before expenses) through a subscription of 40,425,000 new ordinary shares of no par value in the company at 7.75 pence per ordinary share. Excess demand from subscribers to the fundraising means that Cora allotted the maximum number of shares. Binding commitments to subscribe for a […]
Kavango Resources raises £231,250 in warrant exercise
Kavango Resources plc said it had received £231,250 following notices to exercise warrants over 9,250,000 new ordinary shares of £0.001 each in the company. The warrant shares are being issued pursuant to the exercise of warrants granted and announced in April 2020.
Galantas raises £4.7m via private placement
Galantas Gold Corporation completed its private placement to raise a total of C$7,998,980 (£4.7m) to increase operations at Cavanacaw gold mine in Omagh, Northern Ireland. The placement resulted in the issuance of 26,663,264 units at a price of C$0.30 per unit. PARTIES Eric Sprott, through his company Ontario Ltd, acquired 6,333,333 units for C$1,900,000 representing 8.6% in […]
Altona reaches total £599,000 from placing
Altona Rare Earths plc said it had now received the final placing funds of £57,500 from the placing closed in January, raising a total of £599,000 (before expenses) at 6.5 pence. As a result, a further 884,619 shares have been issued pursuant to the placing. In addition, Altona has also issued 493,207 shares to service […]