Rockhopper Exploration plc has raised US$7 million (£5.75m) through a placing and subscription. DISCOUNT The company placed 82,182,776 units each at the issue price of 7 pence, which is a 12.5% discount to the closing price on 14 June 2022. Each unit comprises one new ordinary share and, for every two new ordinary shares subscribed for, […]
Tag: subscription
Anglesey raises £864,416 via placing-subscription
Anglesey Mining plc said it had raised a total of £864,416 gross proceeds from a placing and subscription. DEBT RESTRUCTURING A placing of 22,829,705 ordinary shares with institutional and other investors at a price of 3.4 pence per share raised £776,210. Chairman John Kearney and chief executive officer Jo Battershill subscribed for an additional 2,594,284 […]
Helium One raises £10m
Helium One Global Ltd has raised £10 million via a “significantly oversubscribed” subscription and placing of 100m ordinary shares each at 10p, representing a 14.5% discount. Proceeds will be used to continue the fast-track development programme of the Rukwa project in Tanzania. The fundraise involved institutional and other investors while Helium One directors participated in the […]
Altus raises £7.7m via placing-subscription
Altus Strategies plc has conditionally raised £7.7 million via an “oversubscribed” placing and subscription of 10,266,668 new ordinary shares at an issue price of £0.75 per share. The company said the fundraising had attracted existing and new institutional, family offices and private investors with strategic investor La Mancha subscribing for 35.43%. Altus chief executive and […]
Conroy Gold aims to raise £2.25 million
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 […]