12th May 2021 14:04
Metal Tiger PLC - AIM-listed investor in natural resource opportunities - Subscribes for 5.0 million new shares in Artemis Resources Ltd at AUD0.10 per share, or AUD500,000 in total.
The investment is part of a AUD10 million capital raise by Artemis, an Australian gold and copper focused exploration company.
The placement was met with "strong demand from institutional investors", Metal Tiger says. The funds raised will be mainly used to fund exploration drilling at the Paterson and Carlow Castle gold-copper projects in the Pilbara, Western Australia.
Current stock price: 26.93 pence, down 0.3%
Year-to-date change: up 16%
By Will Paige; [email protected]
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