Kavango Resources plc has raised, in aggregate, £247,000 via subscriptions in the UK and in the USA for a total of 24,557,448 new ordinary shares at £0.01 per share. TVRs On 10 October the company raised £150,000 via a subscription for 15 million new ordinary shares in the UK. An additional US$129,035.24 (£97,000) was raised through […]
Tag: subscriptions
Altona issues total 9.6m new shares
Altona Rare Earths plc has issued an additional 4.8 million new ordinary shares of one pence each to an existing shareholder, who transferred their warrants as part of two August fundraises. TVRs The company will therefore issue in aggregate 9,600,000 new ordinary shares to the shareholder. Following admission, Altona’s enlarged share capital and total voting […]
Scotgold raises £3m from retail offer-placing-subscriptions
Scotgold Resources Ltd has raised a total £3 million from the now closed retail offer and earlier placing and subscriptions. The company will issue 1,178,460 ordinary shares at a price of 40 pence per retail offer share, as well as 4,815,000 placing shares and 1,435,000 subscription shares for a total 7,428,460 new ordinary shares. On […]
Scotgold conditionally raises £2.5m via placing-subscriptions
Scotgold Resources Ltd has conditionally raised £2.5 million through a placing and subscriptions by certain directors. DIRECTORS DEALINGS The accelerated bookbuild announced on 9 February 2023 involved 6,250,000 new ordinary shares at a price of 40p per share. Scotgold will issue in aggregate 6,250,000 new shares, representing approximately 9.48% of the enlarged share capital. Seven directors […]
Kavango raises £3.5m via placing and subscriptions
Kavango Resources plc has raised £3.5 million from issuing a total 194.4 million new ordinary shares in two phases including to new strategic investor Arigo Capital Ltd (Rwanda). FIRST FUNDRAISE On 24 October, the company raised £3m by issuing 166,666,660 new ordinary shares each at 1.8 pence. The shares were conditionally placed with institutional and […]
Horizonte raises £147.4m via placing
Horizonte Minerals plc said it had raised approximately £147.4 million (US$197m) through a placing, an offering and subscriptions. The equity fundraise comprises: . 606,123,712 new ordinary shares in a UK placing, raising some £42.4m · 126,072,398: Canadian offering (£8.8m) · 74,738,416: Glencore subscription (£5.2m) · 533,845,825: Orion subscription (£37.4m) · 759,128,764: Mancha subscription (£53.2m)