15th Jan 2016 17:19
LONDON (Alliance News) - Bellzone Mining PLC on Friday said it will raise GBP1.4 million through the issue of 339.2 million shares at 0.398113 pence each with Hudson Global Group Ltd.
Hudson will either procure placees for the shares or subscribe itself to the shares.
The proceeds will provide Bellzone with the funds to finance feasibility study work on the proposed Kalia North West Nickel Project.
Shares in Bellzone were untraded on Friday, last quoted at 0.500 pence.
By Karolina Kaminska; [email protected] @KarolinaAllNews
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
Bellzone Mining