Alba Mineral Resources plc has raised £750,000 before expenses via a placing of 600 million new ordinary shares at a price of 0.125 pence per ordinary share. Existing shareholders and other investors who did not have the opportunity to participate in the placing, have a broker option allowing subscriptions up to £100,000 in total on the same terms. On admission, the […]
Tag: placing
FCM raises £1m via discounted subscription and warrant exercise
First Class Metals plc has received more than £1 million from an oversubscribed discounted fundraise and a warrant exercise. PLACING & SUBSCRIPTION The company placed 9,599,000 ordinary shares and held a subscription of 375,000 ordinary shares, each of £0.001 par value, at a price of 10 pence per share. Every two placing and subscription share […]
Clontarf raises £350,000 via placing and subscription
Clontarf Energy plc raised £350,000, before expenses, via a placing and subscription for a total 437,500,000 new ordinary shares each of 0.01p at a price of 0.08p per placing share. The shares represent approximately 8.42% of the company’s issued share capital as enlarged by the fundraise. Following admission, Clontarf will have 5,193,326,117 ordinary shares in issue […]
Altona raises £2m ahead of main market trading
Altona Rare Earths plc has raised £2 million in a placing and subscription ahead of starting to trade on the main market of the London Stock Exchange. The company raised £1,677,300 via a placing and £322,700 through a subscription with the issue of 40 million new ordinary shares each at 5 pence. Altona said it […]
Anglesey meets £1m target via placing-subscription
Anglesey Mining plc has met its target fundraise of £1 million by placing 64,999,993 ordinary shares and a subscription of 1,666,666 ordinary shares at a price of 1.5 pence per share. DIRECTORS Chairman John Kearney subscribed for circa 1.7m shares for £25,000 taking his total holding to c.3m shares; chief executive Jonathan Battershill, 1.3m shares […]
Anglesey targets £1m for Parys-Grängesberg fundraise
Anglesey Mining plc aims to raise approximately £1 million via a proposed placing of new ordinary shares of £0.01 each in the company to certain institutional and other investors. TERMS The placing shares are at a 28.57% discount of 1.5p pence per share to the closing price of 2.10 pence per ordinary share on 15 […]