Cora Gold Ltd has conditionally raised £4,250,000 before expenses through a placing and subscription. The fundraise was of 42,500,000 new ordinary shares of no par value at a price of 10 pence per ordinary share.
Tag: finance & funding
Horizonte raises £147.4m via placing
Horizonte Minerals plc said it had raised approximately £147.4 million (US$197m) through a placing, an offering and subscriptions. The equity fundraise comprises: . 606,123,712 new ordinary shares in a UK placing, raising some £42.4m · 126,072,398: Canadian offering (£8.8m) · 74,738,416: Glencore subscription (£5.2m) · 533,845,825: Orion subscription (£37.4m) · 759,128,764: Mancha subscription (£53.2m)
Power Metal raises £1.05 million through placing
Power Metal Resources plc has raised £1.05 million through the issue of 60,000,000 new ordinary shares of 0.1p each. The funds were raised at the closing market mid-price of 1.75p on 12 November, increasing the company’s working capital comprising solely cash and listed investments to circa £3m. The new shares issued represent a dilution of 4.5% of current issued share […]
Power Metal raises £10,500 through warrant exercise
Power Metal Resources plc raised £10,500 after receiving a notice to exercise warrants over 1,500,000 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 1,500,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each.
Condor raises £4.1m via private placement
Condor Gold plc has raised £4.1 million before expenses from a private placement through issuing new ordinary shares representing 8.7% of the company’s existing issued share capital. UNITS The company placed 11,714,286 units each at 35p including a directors and chief financial officer’s subscription. Four directors Mark Child, Andrew Cheatle, Ian Stalker and Jim Mellon, […]
Strategic Minerals raises £400,000 via directors’ dealings
Strategic Minerals plc has raised £400,000 before expenses by way of a placing and subscription of 106,666,667 new ordinary shares of 0.1p each at a price of 0.375p per share. DIRECTORS DEALINGS Peter Wale (executive director) and John Peters (managing director) have each agreed to subscribe for 4 million placing shares pursuant to the placing. […]