Pathfinder Minerals PLC - Mozambique-focused natural resources explorer - Says second tranche of recently announced share placing comprising of 21.5 million shares, which was conditional upon the passing of the two resolutions, secured shareholder approval at Monday's general meeting. In February, it had announced that it entered into an agreement to conditionally raise GBP300,000 via placing of 60.0 million shares, with placing divided into two tranches.
Current stock price: 0.53 pence
Year-to-date change: up 3.1%
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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Pathfinder Minerals (PFP)