28th Jul 2025 15:12
Ajax Resources PLC - London-headquartered natural resources investment company - Closes second round of subscription announced back in May 2023. Raises GBP200,000 total through issue of 4.4m shares at price of 4.5 pence per share, by way of subscription. Proceeds earmarked for additional exploration work at newly acquired Eureka project.
"We are pleased to have secured additional investment from existing significant shareholders, as well as new investors seeking to build long-term positions in Ajax...The company is now fully funded for all planned work at Eureka through to May/ June of 2026," says Chief Executive Ippolito Cattaneo.
Current stock price: Last traded at 4.75p on London's Aquis exchange on Tuesday last week
12-month change: up 19% from IPO price of 4.00 pence on June 18
By Christopher Ward, Alliance News reporter
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