GreenRoc Mining plc has raised £100,000 through the issue of 5,263,157 new ordinary shares at a price of 1.9 pence per share. The placing shares were issued in response to an offer to invest from an institutional shareholder. Following the issue of the placing shares, GreenRoc’s total issued share capital will consist of 192,727,926 ordinary […]
Tag: share placing
GreenRoc raises £240,000 via placing
GreenRoc Mining plc has raised gross £238,311 by placing 13,239,499 new ordinary shares of 0.1 pence each, at a price of 1.8 pence per placing share, for its Amitsoq graphite project in Greenland. USES The company said that its founder and largest shareholder Alba Mineral Resources plc, an Alba non-executive director and the majority of […]
Helium One raises £4.7m via discounted placing
Helium One Global Ltd has raised £4.7 million before expenses through a company-led placing of 313,333,333 new ordinary shares at a price of 1.5p per share. The placing price represents a discount of approximately 30% to the closing share price of 2.16p on 6 February 2024. Following admission, Helium One’s issued and fully paid share […]
Red Rock raises £288,750 via share placing
Red Rock Resources plc raised £288,750 before expenses by placing 175,000,000 new ordinary shares of £0.0001 each in the company at a price of 0.165 pence per share. On admission, the company’s issued ordinary share capital will comprise 2,480,597,791 ordinary shares, each with voting rights. No shares are held in treasury. USES Net proceeds will be used […]
Kavango raises £3.5m via placing and subscriptions
Kavango Resources plc has raised £3.5 million from issuing a total 194.4 million new ordinary shares in two phases including to new strategic investor Arigo Capital Ltd (Rwanda). FIRST FUNDRAISE On 24 October, the company raised £3m by issuing 166,666,660 new ordinary shares each at 1.8 pence. The shares were conditionally placed with institutional and […]
UKOG raises £1.25m via discounted placing
UK Oil & Gas plc (UKOG) has raised gross proceeds of £1.25 million via a discounted placing of 1,428,571,428 new ordinary shares at 0.0875 pence per share. PLACING The company said that the placing price represented a discount of approximately 27% to the closing price of 0.12 pence per ordinary share on 26 July 2022. […]