LONDON (Alliance News) - Oxus Gold PLC Friday said it has raised GBP175,000 through a share subscription with Darwin Strategic Ltd.
Oxus issued Darwin 9.2 million shares at 2.05 pence per share. Oxus shares closed at 1.9 pence on Thursday.
The subscription for the new shares in the company by Darwin has been made under the terms of the equity financing facility signed by the two businesses, Oxus said.
Oxus expects the shares to be admitted to trading on AIM on or around October 2.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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