Chesterfield Resources plc has raised £700,000 by way of a placing and subscription of 10,000,000 new ordinary shares of 0.1 pence each at 7 pence per share. Each two placing shares will have one warrant attached, exercisable at 12p per ordinary share for the period of 24 months from the date of admission of the placing […]
Tag: finance & funding
Power Metal raises £25,000 in options exercise
Power Metal Resources plc raised £25,000 following notice to exercise options by a former director over 2,500,000 new ordinary shares of 0.1 pence each in the company. The option shares were exercised at a price of 1.0 pence per new ordinary share.
Angus Energy raises £1.4m via placing
Angus Energy plc raised gross proceeds of £1,400,000 through placing 175,000,000 ordinary shares to certain institutional and other investors at a price of 0.8 pence per share. Net proceeds of the placing will be used for the Saltfleetby gas field budget (now 90% finalised), the company’s new focus on geothermal projects, and working capital and […]
Red Rock receives £2,025 via options exercise
Red Rock Resources plc raised £2,025 after issuing 450,000 ordinary shares of £0.0001 each in the company. This is pursuant to the exercise of 2016 options into ordinary shares of the company at an exercise price of £0.0045 per ordinary share.
Helium One raises £7,520 through warrant exercise
Helium One Global Ltd has raised £7,521.17 after receiving notice to exercise warrants over a total of 211,864 ordinary shares at a price of 3.55 pence per share. The warrant shares will rank pari passu with the existing ordinary shares.
Ascent raises £600,000 via placing
Ascent Resources plc raised £600,000 through issue of 18,181,818 placing shares each with a nominal value of 0.5 pence per share each at a placing price of 3.3 pence. Align Research Ltd, which is a substantial shareholder of Ascent, subscribed for £50,000 of the new equity issue.