IN BRIEF: East Star Resources raises GBP1.2 million via subscription
East Star Resources PLC - Kazakhstan-focused copper exploration and resource development company - Raises GBP1.2 million from oversubscribed subscription at 115 pence per share. Proceeds from the fundraising will be used to advance the development concept at Verkhuba through to a stage where economic feasibility can be demonstrated. At the same time, the company intends to advance and drill-test several high-impact targets in the Rudny Altai VMS Belt and progress its targeting strategy for tier 1 copper porphyry and sediment-hosted copper deposits. Read More