Corcel plc has raised £1,299,750 via a 37% premium placing, including an investment from one of its directors, cornerstone shareholder Extraction Srl and other institutional investors. USES The company issued 259,950,000 new ordinary shares of £0.0001 at a price of £0.005 per share with one-for-one warrants at £0.01 per share, valid for 24 months. Extraction […]
Tag: placing
Red Rock raises £260,000 via placing
Red Rock Resources plc has raised £260,000.04 before expenses via a placing of 509,804,000 new ordinary shares in the company at 0.051 pence per share. Following admission, the company’s issued ordinary share capital will comprise 4,058,050,811 ordinary shares, each with voting rights. Proceeds will be used to bring Red Rock’s gold assets in Burkina Faso to […]
Cadence raises £500,000 from single investor
Cadence Minerals plc has raised £500,000 via a 43% discounted placing of 16,666,667 new ordinary shares in company at a price of 3 pence per ordinary share with a single institutional investor. USES The company also issued to the subscriber one warrant for each new ordinary share. The fundraise warrants grant rights to subscribe for […]
Alba Mineral raises £380,000 via placing
Alba Mineral Resources plc has raised £380,000 before expenses through the issue of 584,615,385 new ordinary shares at a price of 0.065 pence per ordinary share. Following admission, the company’s total number of ordinary shares in issue will be 8,318,304,381. Alba holds no ordinary shares in treasury. Proceeds will be used at the company’s 100% owned Clogau-St David’s gold mine, […]
United shareholders back ‘crucial’ £1m fundraise
United Oil & Gas plc has received its shareholders’ support for February’s £1 million discounted conditional fundraise via a placing. Voting remained open for three days until 18 March and the general meeting adjourned until today. United had warned that its future would be under threat if its investors refused to back the fundraise. The […]
Clontarf raises £400,000 via placing
Clontarf Energy plc has raised £400,000 before expenses via a placing of 1,142,857,143 new ordinary shares of 0.01p each in the company at a price of 0.035p per placing share. The placing shares represent approximately 18% of the company’s issued share capital as enlarged by the placing. Following admission, Clontarf will have a total of […]