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Ambrian Completes Fundraising After Shareholder Vote (ALLISS)

16th Oct 2015 13:58

LONDON (Alliance News) - Ambrian PLC on Friday said it has completed its September funding to raise GBP2.7 million before expenses.

Under the fundraising, Ambrian will issue 2.7 million of convertible loan notes and a total of 33.3 million warrants.

Ambrian is active in the physical trading of industrial metals and minerals.

The news came after a shareholder vote at a meeting on Friday.

Shares in Ambrian were down 2.3% at 5.25 pence on Friday afternoon.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.


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