IN BRIEF: Shuka Minerals raises GBP750,000 via share subscription
Shuka Minerals PLC - Africa-focused mine operator and developer - Conditionally raises GBP750,000 from a subscription for 18.75 million new shares at 4 pence each by Zambian-based investment company Menel Energy & Resources Ltd. The first tranche of GBP375,000 has been received, Shuka says, and the second one is expected by August 31. Shuka intends to grant Menel warrants to subscribe for up to a further 18.75 million new shares at an exercise price of 8p. Read More