24th Aug 2020 14:24
Anglesey Mining PLC - developer of Parys Mountain zinc-copper-lead deposit in Wales - To issue 12.5 million new ordinary shares at 1.6 pence per share in a private placing to raise GBP200,000. Proceeds to be used to bring all engineering and optimisation studies relating to the future development of the Parys Mountain into a compliant basis as well as to incorporate studies into an updated scoping study or preliminary economic assessment of the project. Proceeds will also be used to evaluate new complimentary projects.
Current share price: 2.17 pence
Year-to-date change: up 45%
By Tapan Panchal; [email protected]
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