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IN BRIEF: Anglesey Mining issues shares for Grangesberg acquisition

Thu, 09th Feb 2023 14:26

Anglesey Mining PLC - mining company with operations in north Wales, Sweden and Canada - Says that its acquisition of a 30% stake in Grangesberg Iron AB from Roslagen Resources AB has been completed, bringing its stake to 50%. Says it will issue 12.5 million new shares at 3 pence per share to Roslagen, with admission to trading expected around February 14. Roslagen will hold 4.9% of Anglesey following the issue of the consideration shares.

Current stock price: 2.10 pence, up 5% on Monday morning in London

12-month change: down 45%

By Harvey Dorset, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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