First Class Metals plc has raised £400,000 through its “multiple times” oversubscribed retail offer, exceeding its initial target. TVRs The company said it increased the retail offer, at the issue price of 1.52 pence per share, due to demand which resulted in the issue of 26,315,789 new ordinary shares. Following admission First Class’ issued share […]
Tag: retail offer
Helium One raises £3.5m
Helium One Global Ltd has raised £3.5 million via a direct subscription of 583,333,334 new ordinary shares, at 0.6 pence per new ordinary share, by institutional investors. PROCEEDS The issue price represents a discount of 17.6% to the closing mid-market price of the company’s existing ordinary shares on 25 March 2026. The company also intends to raise […]
First Class draws down £650,000 from CLN
First Class Metals plc has drawn down £650,000, under revised terms of its convertible loan note facility from January 2026. TVRs Of the sum, the company converted £250,000 into 16,447,368 new ordinary share at a price of 1.52 pence per share, equal to an approximate 18% discount to the mid-market closing price on 20 March 2026. […]
Cora raises £2m via retail offer
Cora Gold Ltd has conditionally raised £2 million by means of a subscription for 33,333,333 new ordinary shares, through a “significantly oversubscribed” retail offer, at six pence per share. SANANKORO The figure adds to the £13.7m strategic investment from 9 February made by Eagle Eye Asset Holdings Pte. Ltd. Cora said that allocations in the […]
Beacon raises £56,000 via retail offer
Beacon Energy plc conditionally raised approximately £56,180, less than a quarter of the £250,000 target, via a retail offer. COLLE SANTO The company will issue of 1,440,519 new ordinary shares, at the issue price of 3.9 pence per share, subject to shareholder approval at a general meeting scheduled for 4 March 2026. Net proceeds will […]
Europa raises £641,000 from retail offer
Europa Oil & Gas (Holdings) plc has raised £641,176.89 from its retail offer of 53,431,408 new ordinary shares, each at 1.2 pence, and up to 13,357,852 warrants. TVRs The company said it had increased the size of the offer, originally set at £350,000, for existing shareholders. Europa subsequently had to scale back the offer to […]