RE: Placing at 2p29 Apr 2022 13:36
Been here a long time, and see many placings... none have worked out particularly well.
Georgian Mining Corporation ('GEO' or the 'Company') is pleased to announce that it has raised US$7 million (£5,463,942) by way of a significantly oversubscribed placing and subscription of 34,149,638 new ordinary shares of no par value in the capital of the Company ('the Placing Shares'), with new and existing shareholders in the Company, at a price of 16 pence per Placing Share ('the Placing').