Kavango Resources plc said it had raised £750,000 through a “heavily oversubscribed” placing at 3p per share over the weekend. The company added that this was at no discount to the offer price of Kavango’s shares at close on Friday 6 May. A total of 25,000,000 new ordinary shares were placed by First Equity Ltd, on […]
Tag: placing
Predator Oil & Gas raises £1m via placing
Predator Oil & Gas Holdings plc said it had raised £1.035 million after conditionally placing 11,500,000 new ordinary shares of no par value at nine pence each. USES An executive director of the company Lonny Baumgardner participated for ordinary shares for £50,000, which is the equivalent to 4.83% of the placing. The company added that the placing […]
Europa raises £7m via discounted placing
Europa Oil & Gas (Holdings) plc has conditionally raised £7.02 million, before expenses, to fund a new acquisition in the North Sea. DISCOUNT The company added that this was at a 21.7 % discount to the 30-day volume weighted average share price on 2 March 2022. A Primary Bid offer, announced yesterday, is a separate and distinct offer, […]
Angus raises £750,000 via discounted placing
Angus Energy plc said it today raised £750,000 through the placing of 115,384,611 ordinary shares to certain institutional and other investors at 0.65 pence per share. The placing price represents a discount of approximately 10.3% to the closing price of 0.725 pence per ordinary share on 2 December 2021. USES Proceeds will go towards its […]
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)
Altona raises £1.25m from placing
Altona Rare Earths plc has raised £1.25 million before expenses from a “significantly over subscribed” placing. Funds raised will be used for evaluating and developing projects in Africa.