Kavango Resources plc has raised, in aggregate, £247,000 via subscriptions in the UK and in the USA for a total of 24,557,448 new ordinary shares at £0.01 per share. TVRs On 10 October the company raised £150,000 via a subscription for 15 million new ordinary shares in the UK. An additional US$129,035.24 (£97,000) was raised through […]
Tag: new shares issue
Altona issues 40m shares to settle debt
Altona Rare Earths plc has issued 40 million ordinary shares of one pence each, following an exercise of 40m warrants, at a price of 1.5 pence per share, for a gross £600,000. TVRs Net proceeds will repay the company’s outstanding full single debt with Tracarta Ltd. Altona said that immediately before the warrants exercise, the […]
Chesterfield raises £375,192 and sells part asset
Chesterfield Resources plc has raised £375,192 by allotting 31,266,000 new ordinary shares, each at a 50% premium issue price of £0.012, to its executive chairman Kashif Afzal. UAE Mr Afzal will also receive one warrant attached to each new ordinary share, exercisable at £0.02 for a period of five years from the date of issue. […]
Metals issues one million new shares
Metals Exploration plc has issued 1,033,818 new ordinary shares of £0.0001 each, following a warrants exercise at a price of £0.0605 each, for £62,546. TVRs On admission, the company will have 3,226,426,841 ordinary shares in issue, of which 299,385,458 ordinary shares are held in treasury. Metal’s total number of voting rights is therefore 2,927,041,383. The […]
Kavango raises £2.2m
Kavango Resources plc has raised £2.2 million by the issue of 227,751,720 new ordinary shares, each at a price of one pence, by a direct subscription and placing. TVRs The southern Africa-focused company’s major shareholder Purebond Ltd directly subscribed for 111,201,720 new ordinary shares. Kavango’s chairman and director Peter Wynter Bee subscribed for 10 million new […]
Oriole issues 3m new shares
Oriole Resources plc has issued three million new ordinary shares of 0.1 pence each, following a warrants exercise at a price of 0.25p per share, for an aggregate £7,500. CAPITAL Following admission, the company will have outstanding a total of 147,447,778 warrants and 399,916,245 options over ordinary shares, representing 3.78% and 10.25% respectively of the enlarged […]