Critical Mineral Resources plc has issued 129,999,995 new ordinary shares of £0.01, following publication of a Financial Conduct Authority approved prospectus, in relation to last month’s £2.9m fundraise. TVRs The shares will be admitted to trading alongside the 56,896,552 ordinary shares issued, but not admitted, in connection with the second tranche investment during the first […]
Tag: new shares issue
Nativo issues 35.9m new shares
Nativo Resources plc has issued 35,859,790 new ordinary shares, each at a price of £0.0051, to convert £180,000 of a loan note, plus £2,884.93 accrued interest. TVRs The outstanding balance owed to the CLN holder, YA II PN Ltd, is £1,440,000. Following admission, Nativo’s issued ordinary share capital will comprise 629,063,290 ordinary shares, each with […]
Strategic raises £4m for Redmoor
Strategic Minerals plc has raised gross £4 million through the issue of an aggregate 307,692,308 new ordinary shares in the company of 0.1 pence each, at a price of 1.3p per new ordinary share. TVRs The fundraise comprised a placing and a subscription for 123,076,922 and 184,615,386, respectively. Strategic said that demand had exceeded expectations, […]
Metals issues 18.8m new shares
Metals Exploration plc has issued 18,815,760 new ordinary shares of £0.0001 each, following option exercises at an average exercise price of £0.0103 each, for a total £193,626.50. TVRs Following admission, the company will have 3,259,097,368 ordinary shares in issue, of which 299,385,458 ordinary shares are held in treasury. The total number of voting rights is […]
Altona issues total 4.8m new shares
Altona Rare Earths plc has issued an aggregate 4,817,996 new ordinary shares for directors’ salaries and to clear part of a debt. TVRs The Africa explorer issued 1,484,663 ordinary shares of £0.01 pence each, in lieu of cash salary payments, to its directors as part of cash conservation measures. A total of 3,333,333 new ordinary […]
Oriole issues 108m new shares
Oriole Resources plc has issued 107,925,555 new ordinary shares of 0.1 pence each following a warrants exercise at a price of 0.25p per ordinary share, for £269,814. TVRs Following admission, the company will have 869,662,686 warrants and 399,916,245 options over ordinary shares outstanding, representing approximately 17.85% and 8.21% respectively of its enlarged issued share capital. Also […]