Anglesey Mining (GB:AYM) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Anglesey Mining Plc aims to raise approximately £415,000 through a combination of a placing and subscription of new ordinary shares, targeting institutional investors and including participation from company directors. The issue price is set at a discount of 16.67% to the recent closing price, with the funds intended for development work, debt repayment, and general corporate purposes. The fundraising is not underwritten and is contingent on various conditions, including admission of the shares to trading on AIM.
For further insights into GB:AYM stock, check out TipRanks’ Stock Analysis page.
