Altona Rare Earths plc has raised £250,000 through a subscription of 25 million new ordinary shares of £0.01 each in the capital of the company. TVRs The company will issue the new ordinary shares at a price of £0.01 per share, representing a discount of 23% to the closing mid-price of £0.013 per share on […]
Tag: subscription
Cora raises £1m
Cora Gold Ltd has conditionally raised £1,047,999.66 through a subscription of 17,466,661 new ordinary shares of no par value in the company, at a 4% discounted price of six pence per new ordinary share. TVRs Net proceeds will further the permitting process for the Sanankoro gold project in southern Mali, exploration on the company’s licences […]
Block raises £1.5m
Block Energy plc has raised £1,499,974 via an institutional placing of, and direct subscriptions for, a total 214,282,000 new ordinary shares of 0.25 pence each, at an issue price of 0.7 pence per share. TVRs The company, with oil and gas assets in Georgia, said the fundraise had attracted strong demand from new and existing investors. The fundraise, which […]
Nativo agrees £2m for Peru gold production
Nativo Resources plc has secured £2 million financing, via a susbcription and convertible loan note, with institutional investor YA II PN Ltd, which is managed by Yorkville Advisors Global LP. TVRs Yorkville will subscribe £200,000 for 45,454,545 new ordinary shares, each at a price of £0.0044. The principal amount of the unsecured CLN is £1.8m, […]
Sunda raises £710,000
Sunda Energy plc has raised a total of £710,000, via a subscription and a now completed retail offer, for an aggregate 2.84 billion shares and 1.42bn warrants. TVRs The 15 October subscription raised gross £240,000 for 960 million new ordinary shares at the issue price, along with 480m warrants. The retail offer was oversubscribed and […]
United signs MoU for Walton Morant survey vessel
United Oil & Gas plc has signed a tentative agreement for a specialist survey vessel to undertake the planned piston coring and surface geochemical programme at Walton Morant, offshore Jamaica. PIVOTAL The non-binding memorandum of understanding with TDI Brooks International aims to secure a vessel, en route from Trinidad via Jamaica, during the final quarter […]