Helium One Global Ltd has raised a approximately £1 million from an oversubscribed retail offer for a total of 185,185,185 new ordinary shares at the issue price of 0.54 pence per share. TVRs The proceeds add to the £10m conditional fundraise on 18 July from three institutional investors. Following admission, the company’s issued ordinary share […]
Tag: finance and funding
Tungsten West publishes revised Hemerdon FS
Tungsten West plc has published a revised feasibility study to restart its Hemerdon tungsten-tin mine near Plympton, northeast of Plymouth in Devon. FUNDRAISING The FS includes the quantity of ore reserves within the open pit of 35.6 million tonnes of granite at an average grade of 0.18% tungsten trioxide and 0.03% tin, and 35Mt of […]
Nativo raises £150,000
Nativo Resources plc has raised gross proceeds of £150,000 via a placing of 42,857,142 new ordinary shares of 0.15 pence each, at a price of 0.35 pence per share. PERU The placing price represents a premium of approximately 7.7%. Following admission, Nativo’s total number of ordinary shares in the capital in issue will be 290,292,675, […]
Sunrise increases fundraise to £250,000
Sunrise Resources plc has raised approximately £50,000 from its completed oversubscribed retail open offer of 294,117,647 new ordinary shares at 0.017 pence per share. TVRs Funds raised add to those from the 31 July placing of 1,176,470,588 new ordinary shares, taking the total to £250,000. Following admission, the company’s issued ordinary share capital will comprise […]
Rockhopper to raise $140m
Rockhopper Exploration plc plans to raise up to US$140 million (£105m) from “new Israeli-based institutional investors” and “larger existing shareholders” for its share of the Sea Lion oil project’s first phase development. PLACINGS The company holds 35% of the North Falkland Basin field and needs $127m for phase I of operations. Rockhopper has received “firm […]
Sunrise raises £200,000
Sunrise Resources plc has conditionally raised £200,000 through a 17.1% discounted placing of 1,176,470,588 new ordinary shares of 0.001p each, at 0.017 pence per placing share. TVRs The company said that half of the amount raised was from a single new institutional investor. Those participating in the fundraise included executive chairman Patrick Cheetham who subscribed […]