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AIM movers: GCM Resources and Woodbois raise cash much needed cash - UK Investor Magazine
Yesterday, Forum Energy Services increased its shareholding in Angus Energy (LON: ANGS) from 10.5% to 16.2%. The share price improved a further 18.5% to 0.32p. Oil and gas producer Parkmead Group (LON: PMG) reported a dip in interim revenues from £3.4m to £2.1m. There was a net cash outflow of £100,000. There is cash equivalent […]
Uru Metals raises £300k in heavily discounted placing - UK Investor Magazine
URU Metals shares tanked on Friday after the group raised £300,000 through a heavily discounted placing at 3p per share. The discount represents an eye-watering 65% discount to yesterday’s closing price of 8.5p and is one of the largest discounts a company has had to offer shares to secure funds this year. The placing was […]
Eurasia Mining secures £3.15m of funding - UK Investor Magazine
AIM-quoted mining company Eurasia Mining (LON: EUA) is raising £3.15m at 4.37p/share. This placing with UK and US investors has been limited to reduce the level of dilution for existing shareholders. The share price slipped 4.21% to 4.55p. Each share comes with a warrant to subscribe for a share at 8.74p. They last two years. […]