20th Apr 2015 07:41
LONDON (Alliance News) - GoldBridges Global Resources PLC on Monday said it has raised GBP3.4 million via a subscription to provide working capital and back the development of the Sekisovskoye mine in Kazakhstan.
GoldBridges has raised GBP3.4 million via the issue of 123 million shares at 2.8 pence per share, a 6.7% premium to its closing price on Friday. Shares in the company were untraded on Monday morning, having last traded at 2.62 pence.
The proceeds from the deal will be used for general working capital purposes and to back the development of the Sekisovkoye mine.
By Sam Unsted; [email protected]; @SamUAtAlliance
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