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Stellar Resources Raises GBP100,000 In Share Placing (ALLISS)

25th Feb 2016 16:27

LONDON (Alliance News) - Stellar Resources PLC on Wednesday said it has raised GBP100,000 through the issue of 40 million shares at 0.25 pence each.

The funds will be used for general working capital purposes and to assist in seeking further investment opportunities, Stellar said.

Stellar shares were down 6.9% at 0.270p late Thursday afternoon.

By Hannah Boland; [email protected]; @Hannaheboland

Copyright 2016 Alliance News Limited. All Rights Reserved.


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