5th Apr 2016 10:26
LONDON (Alliance News) - Natural resources and energy sector investment company Polemos PLC on Tuesday said it is in the final stages of securing new funding through an equity placing.
In a statement released after a share price spike for Polemos on Tuesday morning, the company said it was in the final stages of raising GBP175,000 at 0.04 pence per share.
Shares in the company were up 49% to 0.07p, one of the best performers in the AIM All-Share.
Polemos said it expects to finalise and announce the placing shortly and said it had no other impending corporate news at the current time.
By Sam Unsted; [email protected]; @SamUAtAlliance
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