1st Jul 2015 09:54
LONDON (Alliance News) - Ortac Resources Ltd on Wednesday said it has raised GBP600,000 via a share placing.
Ortac placed 705.9 million shares at 0.085 pence per share. Shares in Ortac were down 15% to 0.0849 pence on Wednesday.
The funds will be used to back the company's plan to exercise its call option to subscribe for more convertible notes in Zamsort Ltd.
By Sam Unsted; [email protected]; @SamUAtAlliance
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