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Alecto Minerals Issues Shares After Warrant Exercise (ALLISS)

Thu, 14th Apr 2016 14:34

LONDON (Alliance News) - Alecto Minerals PLC on Thursday said it issued 38.8 million new shares after an exercise of warrants.

The 38.8 million warrants were exercised at 0.08 pence each, the gold and base metal exploration and development company said in a statement.

Shares in Alecto were down 5.1% at 0.121p on Thursday afternoon.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2016 Alliance News Limited. All Rights Reserved.

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