27th Oct 2015 16:16
LONDON (Alliance News) - Metals Exploration PLC said Tuesday it has raised GBP3.0 million under its recent open offer, through the placing of 99.99 million shares at a price of 3.0 pence.
Shares of the natural resources exploration and development company with assets in the Pacific Rim region were untraded Tuesday afternoon. It last closed at 3.26 pence.
The company said that it had received valid acceptances for 100% of the shares available under the open offer.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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