May or may not happen11 Feb 2019 15:35
The Board of Two Shields notes the recent increase in the Company's share price. The Board reports that it is currently in the latter stage of discussions with a number of investors to raise up to around £0.5m in a fundraising for the Company, at an issue price expected to be around 0.1p. There is no certainty that such fundraising will be completed. It is expected that any funds raised, should this fundraising take place, would be deployed in existing investments within Two Shields' portfolio, and for working capital.
A further announcement will be made should such fundraising be finalised.