As expected13 May 2025 16:41
Not going bust despite the claims last week but to be expected huge dilution
Will CEO ON £500k cut his salary
Proposed fundraise of a minimum of £1.5 million and proposed joint venture
Mirriad Advertising plc (AIM: MIRI), a leading in-content advertising and virtual product placement ("VPP") company, announces its intention to conduct a conditional fundraising (the "Placing") to raise a minimum of £1.5 million through a placing of a minimum of 15,000,000,000 new ordinary shares of £0.00001 each in the capital of the Company ("Ordinary Shares") to new and existing institutional investors ("Placees") at an issue price of 0.01 pence per new Ordinary Share (the "Issue Price").