RE: RNS - placing6 Dec 2022 07:42
What a S@@T show this is, how can they have this resource but no backing from banks.
The Company has raised gross proceeds of £400,000 through the placing of 5,714,286 new ordinary shares of 1 pence each in the Company (the "Placing Shares") at a price of 7.0 pence per share (the "Placing"). The Placing price represents a discount of approximately 33.3 per cent. to the mid-market closing price on AIM of 10.50 pence per ordinary share on 5 December 2022,