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 […]
Tag: finance and funding
Cadence’s partner targets $100.7m for Yangibana
Cadence Minerals plc said that its joint venture partner had received commitments to raise $100.7 million for the Yangibana rare earth project in the Gascoyne region of Western Australia. PRODUCTION Hastings Technology Metals owns 70% and Cadence holds 30% of three mining leases and six exploration licences which form part of the project. Cadence has […]