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 […]
Tag: directors’ subscription
Arkle raises £500,000
Arkle Resources plc has raised £500,000 via a private placing of 166,666,667 new ordinary shares at 0.3p per share with existing and new shareholders in the UK and Ireland. DIRECTORS The placing price represents a premium of 28%. Each placing share has one warrant attached to subscribe for one new ordinary share at 0.3p, for […]
Union Jack raises £2m
Union Jack Oil plc has raised £2 million before expenses through a placing and subscription of an aggregate 40 million new ordinary shares of five pence each, at five pence per new ordinary share. DIRECTORS Each placing and subscription share has one warrant attached, exercisable at eight pence for a period of two years, equal […]
Prospex raises £1m for Viura-1B workover
Prospex Energy plc has raised £1,031,650 via a placing and subscription of 22,925,555 new ordinary shares at a 4.4% discounted issue price of 4.5 pence per share. RETAIL OFFER Directors and persons discharging managerial duties also participated for a total of 1,444,444 new ordinary shares. Non-executive chairman Bill Smith and chief executive officer Mark Routh […]
Fulcrum directors raise £140,000
Fulcrum Metals plc has raised £140,000 from a directors’ subscription of 2.8 million new ordinary shares at the issue price of five pence. TAILINGS On 23 May chief executive officer Ryan Mee subscribed for 2.3m shares for £115,000 and now has 9,973,910 ordinary shares, equivalent to 15.43% of the enlarged share capital. Chief financial officer […]