2nd May 2018 13:17
LONDON (Alliance News) - Alba Mineral Resources PLC said Wednesday that it raised GBP800,000 through the issue of over 250 million shares at a price of 0.3 pence per share.
The mineral exploration company will use the funds, raised through the issue of 266.7 million, to expand on its portfolio of assets in the onshore UK oil and gas sector and on its mining portfolio in Greenland and Wales.
Alba Mineral shares were trading 9.4% lower at 0.35 pence.
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