Red Rock Resources plc has issued 44,444,444 new ordinary shares at a subscription price of 0.045 pence per share, to convert a £20,000 advance by an existing shareholder. Following admission, the company’s issued share capital will comprise 5,004,338,042 ordinary shares, with voting rights. None of the shares is held in treasury.
Tag: subscription
Red Rock issues 44.4m shares for £20,000
Red Rock Resources plc issued 44,444,444 new ordinary shares at a subscription price of 0.045 pence per share to convert an advance of £20,000 by an existing shareholder. Following the shares issue the company’s issued ordinary share capital will comprise 4,830,265,010 ordinary shares, each with voting rights. None of the shares is held in treasury.
Guardian completes £2m strategic financing
Guardian Metal Resources plc has completed a strategic financing of £2,154,074.58 (US$2.75m) via a direct subscription. The company issued 7,978,054 new ordinary shares of 1.0p each, representing 6.7% of its enlarged issued share capital, at 27p per share. The subscribers will receive one warrant with every two subscription shares, totalling 3,989,027 new warrants, with an exercise […]
Prospex raises £3.34m for stake in Viura
Prospex Energy plc has raised £3.34 million to acquire up to a 10% indirect interest in the Viura producing gas field in northern Spain. HEYCO The company’s original placing and subscription was of 54.5m new ordinary shares of 0.1p, at 6 pence per share. The placing increased from 47.5m new ordinary shares announced yesterday to […]
UKOG issues shares for employee benefit scheme
UK Oil & Gas plc directors agreed a subscription of 476,897,760 ordinary shares to take its employee benefit trust to the original 10% level of the company’s issued share capital. PLACING Employee benefit trustees trustees, Altum Trustees Ltd, subscribed for the ordinary shares at a price per share of £0.000001. The company said that the move […]
Alba raises £300,000 via placing
Alba Mineral Resources plc has raised £300,000 in a placing and subscription of 857,142,857 new ordinary shares at 0.035 pence per ordinary share. USES Chairman George Frangeskides subscribed for 48,571,428 shares for £17,000 and non-executive director Michael Nott subscribed for 8,571,428 (£3,000). Following admission, the total number of ordinary shares in issue will be 9,175,447,238, with voting rights. The […]