UK Oil & Gas plc (UKOG) raised gross £750,000 via a placing of 3,750,000,000 new ordinary shares at a price of 0.02 pence per share. The placing price represents a 20% discount to the closing price of 0.0250 pence per ordinary share on 11 January 2024, and 13% of the enlarged issued share capital. CMC Markets […]
Tag: placing
Helium One reaches £6m via 72% discounted fundraise
Helium One Global Ltd raised £6.1 million through the issue of 2,420,842,500 new ordinary shares, of no par value in the capital of the company, each at a price of 0.25 pence. DIRECTORS’ DEALINGS The oversubscribed fundraise comprised a placing of 2,413,642,500 new ordinary shares, raising £6m, and a direct subscription of 7.2m new ordinary […]
Red Rock raises £500,000 via placing
Red Rock Resources plc has raised £500,000 by placing 666,666,667 new ordinary shares each at 0.075 pence. DRC ARBITRATION Proceeds will be used for the company’s lithium production and export operations in Zimbabwe, gold studies and development in Burkina Faso, accounting and audit costs, and working capital. Following the issue of the placing shares, Red […]
GreenRoc increases fundraise to £535,786
GreenRoc Mining plc has increased last week’s fundraise by £75,000 via an additional tranche placing of 3 million new ordinary shares of 0.1 pence each at a price of 2.5 pence per share. GreenRoc agreed to the additional tranche following a request from an existing shareholder who did not meet the book closing deadline for […]
FCM directors loan 12m shares to raise £603,000
First Class Metals plc executive chairman and executive director have lent a total 11,990,665 ordinary shares to the company to raise £603,000 for the company via a placing. STOCK LENDING The ordinary shares each of £0.001 par value at a price of 6 pence per placing share represent a 16% discount to the mid-market closing price […]
GreenRoc raises £460,790 via placing
GreenRoc Mining plc has raised £460,786 via a placing of 18,431,452 new ordinary shares each of 0.1 pence at a price of 2.5 pence per placing share. DIRECTORS’ DEALINGS Participants included chief executive officer Stefan Bernstein, non-executive chairman George Frangeskides and independent non-executive director Mark Rachovides, who each subscribed for 200,000 shares for £5,000. On […]