Metminco Share News (MNC)
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MNCTue, 22nd May 2018 15:10
LONDON (Alliance News) - Metminco Ltd said on Tuesday it has received firm commitments to raise AUD549,887 through a placing of 68.7 million share at a price of AUD0.008 per share.
Shares in the exploration firm were untraded on Tuesday at 0.55 pence.
Subscribers to the placing will receive one option at AUD0.011 to exercise before June 1, 2020 for every three shares subscribed for under the placing.
Metminco will have 912.5 million share issued overall.
(ShareCast News) - AIM-listed exploration and mining company Metminco has begun diamond drilling at the TD2 target copper deposit in Los Calatos, southern Peru. Metminco said while a large percentage of the target is covered by younger volcanic cover, surface mapping has identified the presence of c
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