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Pin to quick picksAlba Mineral Resources Media (ALBA)

Share Price Information for Alba Mineral Resources (ALBA)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 0.0625
Bid: 0.06
Ask: 0.065
Change: -0.005 (-7.41%)
Spread: 0.005 (8.333%)
Open: 0.0675
High: 0.0675
Low: 0.0625
Prev. Close: 0.0675
ALBA Live PriceLast checked at -

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Alba Mineral Resources Share Placing RNS Reaction

Share Placing

- ALBA raise £380,000

- ALBA has raised £380,000 before expenses

- 584,615,385 new ordinary shares issued

- Price:  0.065 pence per ordinary share

- Used for value-enhancing activities

Use of Proceeds: Clogau Gold Mine

- Ongoing bulk sampling of 150 tonnes of ore at Llechfraith payshoot

- Both on and below Level 4

- Subsequent processing and refining for gold

Clogau Waste Tip

Use of Proceeds: Dolgellau Gold Field

- In relation to the wider Dolgellau Gold Field

Use of Proceeds: Airborne Geophysical Survey

- For the completed airborne geophysical survey undertaken within Dolgellau Gold Field

- Interpretation of the survey data

- Design and implementation of ground-based exploration over identified gold targets

-Use of Proceeds: Corporate activities

- Partnership, marketing and offtake discussions for Clogau gold

- Development work to establish traceable "mine-to-market" supply chain

- Due diligence / option fees / deposits for acquisitions and investments.

- Working capital

Market Intelligence

- Admission of new ordinary shares to AIM effective at 8.00 a.m, 5 April 2024

- New shares will rank equally with existing shares

- Following Admission, the total number of shares with voting rights will be 8,318,304,381

Related Alba Mineral Resources Media

Alba Mineral Resources: Gold Results Waste Tip

George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’

Alba Acquires Option Over Andover West Lithium Project in Western Australia

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