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: placing
Corcel raises £2.7m from strategic investors
Corcel plc has raised £2,717,000 via the issue of 1,698,125,000 new ordinary shares of £0.0001 each at a 6.7% premium price of £0.0016 per share. TVRs The fundraise is with strategic investors with “significant” experience in the oil and gas sector. Each investor will receive one warrant for each placing share to subscribe for one […]
GreenRoc raises £735,000
GreenRoc Strategic Materials plc has raised £735,000 via a 31.57% discounted placing and subscription for a total 56,538,462 new ordinary shares at 1.3 pence per share. DIRECTORS’ DEALINGS The fundraise comprises a placing of £500,000 from institutional investors, £165,000 from existing shareholders, £50,000 from its largest shareholder Alba Mineral Resources plc and £17,500 from directors […]
Guardian raises £750,000 via placing
Guardian Metal Resources plc has raised £750,000 by way of a placing of 2.5 million new ordinary shares of one pence each with a single existing institutional investor at £0.30 per share. TUNGSTEN The placing shares, with no warrants attached, represent 2.00% of the enlarged issued share capital of the company. The investor is UK asset manager Premier […]
United conditionally raises £700,000
United Oil & Gas plc has conditionally raised £700,000 via a placing and subscription for a total 700 million new ordinary shares of £0.00001 each in the capital of the company, at £0.001 each. JAMAICA Proceeds will go towards work programme obligations and seeking a farm-out for the 22,400km2 Walton Morant exploration licence, offshore Jamaica. The fundraise […]
UKOG raises £500,000 via placing
UK Oil & Gas plc has raised £500,000 via a placing of 2 billion new ordinary shares at a 26% discounted price of 0.025 pence per share. The company also intends to hold on the same terms a retail offer for shares of £0.000001 each, due to close on 22 November. Following admission of the […]