27th May 2014 11:40
LONDON (Alliance News) - Oxus Gold PLC Tuesday said it has raised roughly GBP150,000 after a subscription for shares in the company by Darwin Strategic Ltd.
The Uzbekistan-focused gold mining company said Darwin made the subscription on Tuesday as part of an Equity Financing Facility Agreement, gaining 7.7 million shares at a gross price per share of 2.10 pence per share.
The company did not say what it has raised the funds for.
Oxus Gold shares were up 1.1% to 2.35 pence on Tuesday.
By Tom McIvor; [email protected]; @TomMcIvor1
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