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  5. IN BRIEF: Capital subsidiary raises USD10 million for lab roll-out

Pin to quick picksCapital Share News (CAPD)

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Share Price Information for Capital (CAPD)

London Stock Exchange
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Share Price: 99.00
Bid: 99.20
Ask: 101.00
Change: 0.20 (0.20%)
Spread: 1.80 (1.815%)
Open: 99.00
High: 99.20
Low: 99.00
Prev. Close: 98.80
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IN BRIEF: Capital subsidiary raises USD10 million for lab roll-out

Fri, 07th Jul 2023 11:40

Capital Ltd - London-based mining services firm - Says subsidiary MSALABS has completed a USD10 million equity fundraise, having received funds from both Capital and minority shareholders. Says funds will be used for the construction and roll out of its Chrysos PhotonAssay laboratories.

MSALABS Chief Executive Officer Stuart Thomson says: "The completion of our equity raise sets the business on strong footing for the next wave of growth, alongside the continued dedication of our employees."

Current stock price: 96.36 pence, up 2.7% on Friday

12-month change: up 18%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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