Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMetminco Share News (MNC)

  • There is currently no data for MNC

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Metminco To Offer 9.5 Shares For Every 2 Shares In Rights Offer (ALLISS)

Mon, 26th Mar 2018 14:56

LONDON (Alliance News) - Metminco Ltd said Monday it will offer shareholders 9.5 new shares for every two existing shares under a rights offer.

The 9.5 shares will be offered at 0.8 Australian cents per share, alongside one option for every three new shares, exercisable at 1.1 cents per share.

Metminco said last Friday it would be raising AUD5.7 million through a rights issue, and on Monday said the confirmed figures would raise it AUD5.5 million.

Funds will be used to progress exploration assets at Miraflores in Colombia, as the company looks to shed its non-core assets in Chile.

Shares in London were down 11% on Monday at 0.87 pence each.

More News
7 Aug 2014 16:40

Metminco gets favourable court ruling in Mollacas Copper Leach Project

Metminco's copper project at Mollacas received a boost after the Chilean Constitutional Tribunal dismissed the defences of the land holder. The ruling means that a lawsuit filed by Metminco's subsidiary Minera Hampton Chile (MHC) Limitada against an earlier appeals court ruling is admissible. That

Read more
7 Aug 2014 15:32

CORRECT: UK MIDDAY BRIEFING: Rio Tinto Profit Almost Doubles

Read more
7 Aug 2014 11:24

UK MIDDAY BRIEFING: Rio Tinto Profit Almost Doubles

Read more
7 Aug 2014 11:00

CORRECT: UK WINNERS & LOSERS: Drax Plummets As It Loses Appeal On Subsidies

Read more
7 Aug 2014 10:57

UK WINNERS & LOSERS: Drax Plummets As It Loses Appeal On Subsidies

Read more
7 Aug 2014 09:55

Metminco Gets Favourable Decision On Mollacas Copper Project Lawsuit

Read more
7 Aug 2014 07:32

UK MORNING BRIEFING: Old Mutual, Coca-Cola HBC And RSA Weigh On FTSE

Read more
7 Jul 2014 11:00

UK MIDDAY BRIEFING: SABMiller, Anglo American Selling Assets

Read more
7 Jul 2014 10:16

UK WINNERS & LOSERS: Metminco Shares Up 14% But It Doesn't Know Why

Read more
7 Jul 2014 07:20

UK MORNING BRIEFING: Anglo American And SABMiller Make Disposals

Read more
7 Jul 2014 06:51

Metminco Unaware Of Reason For Share Price Rally In Australia

Read more
1 Jul 2014 12:08

UK MIDDAY BRIEFING: Tesco, Morrison's Continue To Struggle

Read more
1 Jul 2014 11:49

UK WINNERS & LOSERS: Miners Buoyed By Chinese PMI Data

Read more
1 Jul 2014 10:29

Metminco Says Court Rejects Application to Appeal In Chile

Read more
29 May 2014 07:25

UK MORNING BRIEFING: Kingfisher Shares Fall 5% Amid Firm Open

LONDON (Alliance News) - UK shares are higher at open Thursday, ahead of some US economic data later in the day.

B&Q and Screwfix owner Kingfisher is leading FTSE 100 fallers, down 5.4%. Despite showing a strong increase in its retail profit for the first quarte

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.