Botswana Minerals plc announced it had raised £1,150,000 and appointed a non-executive director to the board, with immediate effect. TVRs For the fundraise, Botswana issued 460 million new ordinary shares of 0.25 pence each, at a placing price of 0.25p per placing share, to existing and new investors. Directors participating include executive chairman John Teeling, […]
Tag: placing
European raises £7.5m
European Green Transition plc has conditionally raised gross aggregate of £7.5 million, via a placing and subscription for 86% of the company’s issued ordinary share capital. DEBT-FREE The placing involved 64,778,653 new ordinary shares of 0.25 pence each, and a subscription for 60,221,347 new ordinary shares, at a price of six pence per ordinary share. […]
Anglesey raises £680,000
Anglesey Mining plc has conditionally raised a total of £679,499.76, via a placing and direct subscription of an aggregate 11,324,996 new ordinary shares of nominal value £0.01 each, at six pence per share. TVRs The placing of 10,491,663 new ordinary shares to certain institutional and other investors raised £630,000. The direct subscription of 833,333 new […]
Alba raises £800,000
Alba Mineral Resources plc has raised gross £800,000 by placing four billion new ordinary shares, at a 20% discounted price of 0.02 pence per ordinary share. TVRs Net proceeds will go towards drilling, blasting and processing at Clogau-St David’s gold mine in North Wales, and upgrading the processing plant. Funds will also advance the Motzfeldt multi-metals […]
Panther raises £1.2m
Panther Metals plc has raised gross £1,190,000, before expenses, via a placing of 1.7 million ordinary shares of no par value, at a 6.67% discounted price of 70 pence per placing share. TVRs The company said that the placing received “substantial” backing from new and existing institutional investors and existing shareholders, was “significantly” oversubscribed and […]
Tungsten West raises £44m to restart Hemerdon
Tungsten West plc has conditionally raised gross proceeds of approximately £44.37 million to restart production at its Hemerdon tungsten-tin mine in Devon. TVRs The fundraise, by way of subscriptions, a placing and a conditional retail offer, was for an aggregate 239,125,536 new ordinary shares. The main direct subscription for 162,712,757 new ordinary shares raised £29,288,296. […]