Alba Mineral Resources plc has raised £75,000 before expenses by placing 600 million new ordinary shares each at 0.0125 pence to an institutional investor. Following admission, the company’s ordinary shares in issue will total 11,541,721,949, with none held in treasury. Alba’s assets include the Dolgellau gold belt, including the historic gold mines of Clogau-St David’s […]
Tag: institutional investor
Cadence raises £500,000 from single investor
Cadence Minerals plc has raised £500,000 via a 43% discounted placing of 16,666,667 new ordinary shares in company at a price of 3 pence per ordinary share with a single institutional investor. USES The company also issued to the subscriber one warrant for each new ordinary share. The fundraise warrants grant rights to subscribe for […]