Kavango Resources plc said it had raised £750,000 through a “heavily oversubscribed” placing at 3p per share over the weekend. The company added that this was at no discount to the offer price of Kavango’s shares at close on Friday 6 May. A total of 25,000,000 new ordinary shares were placed by First Equity Ltd, on […]
Tag: finance & funding
Altona Rare Earths raises £500,000 ahead of listing on LSE
Altona Rare Earths plc has raised £500,000 ahead of its application for admission to the standard segment of the Official List and trading on the London Stock Exchange’s (LSE) Main Market. FUNDRAISE The company raised the funds via a placing of 6.25 million ordinary shares at 8 pence each, to satisfy its working capital requirement […]
Power Metal receives £79,956 through warrant exercise
Power Metal Resources plc received £79,956 following notices to exercise warrants over 7,995,600 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 7,995,600 warrants at an exercise price of 1.0 pence per ordinary share of 0.1 pence each in the company.