Proceeds will support the Azteca processing plant at the Amapá iron ore project in northeast Brazil.
Tag: placing
Nativo raises £640,000
Nativo Resources plc has raised £640,000, by means of a placing, to progress its gold projects in Peru. USES Net proceeds will go towards commissioning the gold ore processing plant, including construction and engaging an engineering, procurement and construction (EPC) contractor, and further underground development of the Tesoro gold concession. Funds will additionally advance Nativo’s […]
United raises £500,000
United Oil & Gas plc has raised £500,000 through a placing of 250 million new ordinary shares of 0.001p each, at a price of 0.20p per share, by two long-term institutional shareholders. TVRs The issue price is a slight discount to the closing mid-market price of 0.23p on 2 July 2026. Every three placing shares […]
Panther raises £2.5m
Panther Metals plc has raised £2.5 million through a placing of 1,851,852 ordinary shares of no par value, representing some 21% of the company’s existing share capital, at 135 pence per placing share. TVRs The placing price was a 3.5% discount to the mid-market closing price of Panther’s shares on 17 June 2026. The company […]
First Class raises £1m
First Class Metals plc has raised gross £1 million through a placing of 26,315,790 new ordinary shares, at a price of 3.8 pence per share. TVRs The placing price is a 9.5% discount to the bid closing price of the company’s shares on 8 June 2026. The company will also issue over 909,090 new ordinary shares, in […]
Tertiary raises £1m
Tertiary Minerals plc has raised £985,000 through a placing of 1.97 billion new ordinary shares of 0.01 pence each in the company, at 0.05p per share. TVRs The placing shares will be issued under the company’s existing share issue authorities. Institutional investors and high net worth individuals participated in the placing, which is at a […]