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Pin to quick picksAnglesey Mining Share News (AYM)

Share Price Information for Anglesey Mining (AYM)

London Stock Exchange
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Share Price: 1.40
Bid: 1.30
Ask: 1.50
Change: 0.00 (0.00%)
Spread: 0.20 (15.385%)
Open: 1.40
High: 1.50
Low: 1.40
Prev. Close: 1.40
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IN BRIEF: Anglesey Mining to raise GBP865,000 to advance Parys project

Mon, 16th May 2022 19:35

Anglesey Mining PLC - London-based mining company with operations in north Wales, Sweden & Canada - Intends to raise GBP865,000 through placing and subscription of shares at a price of 3.4 pence each.

Issue price reflects 3.1% discount to closing price of 3.51p on Friday. WH Ireland and Canccord Genuity will act as bookrunners.

Proceeds from the placing will go towards advancing the Parys Mountain project through additional technical studies to an investment decision, partly repay its debt to shareholder Juno and for general working capital purposes.

Current stock price: 3.79 pence, up 8.0% on Monday

12-month change: down 4.1%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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