Upland Resources (GB:UPL) has released an update.
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Upland Resources Limited has successfully raised US$4 million through a share placement, pricing the new ordinary shares at 3.3 pence each. The 96,927,000 new shares are expected to be admitted to the Official List and begin trading on the London Stock Exchange around May 16, 2024. This strategic move aims to attract new institutional shareholders and finance the company’s long-term objectives.
For further insights into GB:UPL stock, check out TipRanks’ Stock Analysis page.