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North River Resources Raises GBP200,000 In Share Placing

30th Jun 2014 17:28

LONDON (Alliance News) - North River Resources PLC Monday said its raised roughly GBP200,000 in a share placing, funds it said it will use to continue its current drilling programme, feasibility study and for general working capital purposes.

The company placed 33.3 million shares at a price of 0.6 pence each.

North River Resources shares closed 18% lower Monday at 0.450 pence.

By Rowena Harris-Doughty; [email protected]; @rharrisdoughty

Copyright 2014 Alliance News Limited. All Rights Reserved.


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