(Alliance News) - Galantas Gold Corp said Thursday it has raised GBP1.0 million through a private placing
, which will go towards implementing optimisation initiatives for the Omagh gold mine in Northern Ireland.
Japan Gold Corp (CVE:JG) is set to raise up to C$5 million via a private placing
mainly for exploration, it said Thursday.
Vendetta Mining Corp (CVE:VTT) (OTCMKTS:VDTAF) said it has now raised over C$1.6 million, after closing an additional private placing
, which brought in C$.1.03 million.
Angus also said it raised GBP 2m by way of private placing
Arabian Cement had set the price for its IPO at EGP 9 a share after a private placing
was 11.3 times oversubscribed.
Gold and silver exploration company Condor Resources plc (AIM:CNR) has raised GBP2.5m through a private placing
of 50,000,000 new ordinary shares with a nominal value of GBP0.01 each at a price of GBP0.05 per share, the company reported today.
Additional funding of EUR145m was secured by Permanent TSB Finance, the car finance subsidiary of the bank, through a private placing
secured against its Irish car finance loan book.
(SCL.JO), an independent, Pan-African, upstream oil and gas company, has reviewed a number of potential capital raising opportunities to fund its current and future operations, but has determined it will not complete a private placing
The target is to initially mine and ship 2m tonnes a year of iron ore by 2008, gradually increasing to between 3 and 5m tonnes.The funds for the research will be raised through a private placing
of new ordinary shares at 12 pence per share.
A private placing
would allow you to raise a small amount from a number of individuals and can be structured so that the investors do not have the same controls that a venture capitalist would look for.
The issue price corresponded to a value of NOK153m for Solstad Offshore ASA's share, which is 12.8% after the private placing