IN BRIEF: Cobra Resources shares up on fully subscribed share placing
Cobra Resources PLC - South Australia-focused gold and rare earth exploration company - Says that a previously announced placing is fully subscribed, and will raise the maximum amount of GBP991,300 through the issue of 99.1 million new shares. The issue price of one pence per share represents an 11% premium to the mid-market closing price on November 14. Each share will be issued with a warrant attached, with an exercise price of two pence. Read More