22nd May 2018 15:03
LONDON (Alliance News) - Rambler Metals & Mining PLC said it plans to raise GBP2.2 million through a share placing.
The company said it will issue 44.4 million new shares at 5.00 pence each.
Rambler Metals & Mining shares were trading 10% higher at 5.64p on Tuesday.
The closing of the first tranche of the placement, consisting of 25 million shares, is expected to occur on Friday, when the new shares will be admitted to trading.
Related Shares:
RMM.L