LONDON (Alliance News) - Ambrian PLC on Friday said it has completed its September funding to raise GBP2.7 million before expenses.
Under the fundraising, Ambrian will issue 2.7 million of convertible loan notes and a total of 33.3 million warrants.
Ambrian is active in the physical trading of industrial metals and minerals.
The news came after a shareholder vote at a meeting on Friday.
Shares in Ambrian were down 2.3% at 5.25 pence on Friday afternoon.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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