12th Jun 2015 07:12
LONDON (Alliance News) - Alba Mineral Resources PLC Friday said it has raised GBP355,000 through the placing of 71 million shares at a price of 0.50 pence each.
Shares in the company are trading down 8.3% at 0.550 pence, one of the worst performers on AIM.
Alba Minerals plans to use the proceeds of the placing to satisfy its commitments to existing projects, to evaluation new project opportunities and for general working capital purposes.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Alba Mineral Resources