Exploration & Mining Finance News

Anglesey meets £1m target via placing-subscription

Anglesey Mining plc has met its target fundraise of £1 million by placing 64,999,993 ordinary shares and a subscription of 1,666,666 ordinary shares at a price of 1.5 pence per share. DIRECTORS Chairman John Kearney subscribed for circa 1.7m shares for £25,000 taking his total holding to c.3m shares; chief executive Jonathan Battershill, 1.3m shares […]

Exploration & Mining Investments News

Anglesey completes further 29.8% stake in Grängesberg

Anglesey Mining plc has completed the acquisition of an additional 29.8% of Grängesberg Iron AB (GIAB), which owns the Grängesberg iron ore project in Sweden. The company will now issue 14,544,827 new ordinary shares of 1 pence each in the company at an issue price of 3 pence per share to GIAB founders, Roslagen Resources […]

Exploration & Mining Investments News

Anglesey increases stake in Grängesberg to 49.75%

Anglesey Mining plc has increased its stake from 19.95% to 49.75% in the owners of the Grängesberg iron ore project in Sweden. GRÄNGESBERG Private Swedish firm Grängesberg Iron AB (GIAB), founded by Roslagen Resources AB, owns the project which lies 10km to the southwest of Ludvika in Dalarna County, central Sweden, within the Bergslagen mining […]