Conroy Gold and Natural Resources plc said it hoped to raise £2.25 million to fund its exploration projects and its proposed joint venture with Turkish miner Demir Export AS. The metals mining company, focused on Ireland and Finland, will conduct a placing and subscription to raise some £1.87 million (before expenses). Conroy Gold will also […]
Tag: placing
Europa to raise £2m via placing-broker option
Europa Oil & Gas (Holdings) plc has conditionally raised £2 million through a placing and broker option. The company conditionally raised £1.5 million (before expenses), through the issue of a total of 115,384,616 new ordinary shares at a price of 1.3 pence per placing share. Europa has also granted a broker option to conditionally raise up to a […]
Altona Energy share placing to raise £523,000
Altona Energy plc announced it had received subscription letters in respect of a further fundraising of approximately £523,000 before expenses, at an issue price of 6.5 pence per share. The company today said it had received £168,214 from the new investors and issued 2,587,909 new ordinary shares. The balance of the funds, £355,139, is expected […]