Ormonde Mining plc plans a 36.2% controlling investment, with an option for a further 10%, in a Canadian explorer of a gold-copper asset with “world-class” potential in Newfoundland. CAPITAL The company said that the acquisition, subject to Ormonde shareholder approval, is via a private subscription for 60 million new common shares of TRU Precious Metals […]
Tag: private subscription
FCM raises £300,000 from single investor
First Class Metals plc has raised £300,000 via a private subscription for 1,875,000 ordinary shares at a price of 16p from a single high net worth resource/battery metals investor. PREMIUM The subscription includes a one-for-one warrant totalling 1,875,000 warrants each at 22p for a three-year period. The private subscription is at a 4% premium to […]