Anglesey Mining (GB:AYM) has released an update.
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Anglesey Mining Plc has announced the successful completion of its Placing and Subscription, raising a total of £415,000 through the issuance of new ordinary shares at 1 pence each. The funds will support development work at Parys Mountain, the Grängesberg Iron Ore Mine, debt repayment, and general corporate purposes. Notably, Energold Minerals Inc. increased its stake to 20.6% of the company’s enlarged share capital post-transaction.
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